Category Archives: Non classé

Copenhagen Infrastructure Partners-owned independent power producer (IPP) Mulilo has reached financial close on its 75 MW solar project in South Africa. The Du Plessis Dam Solar PV2 facility, located near De Aar in the Northern Cape, is financed by Standard Bank, which acted as the mandated lead arranger. Project Overview ☀️ Capacity: 75 MW SolarContinueContinue reading “CIP-backed Mulilo’s South African Solar Project Reaches Financial Close”

South African renewable energy developer Red Rocket has reached financial close on the first phase of its 380 MW Overberg Wind Farm, marking a major milestone for the country’s clean energy transition. The club deal financing includes Absa Bank, Standard Bank, and the Development Bank of Southern Africa (DBSA). Project Overview 🌱 Location: Near Swellendam,ContinueContinue reading “Red Rocket Closes Financing for 380 MW South African Wind Farm”

Earlier this month, the Emerging Africa and Asia Infrastructure Fund (EAAIF), managed by Ninety One, committed USD 45 million in funding to CrossBoundary Energy (CBE) to accelerate the deployment of renewable energy solutions across Africa. This financing is part of a USD 300 million senior debt facility led by The Standard Bank of South Africa,ContinueContinue reading “EAAIF Funds CrossBoundary Energy’s Expansion in Africa”

North Africa is rapidly emerging as a key player in the global green hydrogen economy. With abundant solar and wind resources, strategic proximity to Europe, and increasing government support, countries like Morocco, Algeria, Tunisia, and Egypt are positioning themselves as future clean energy exporters. Why Green Hydrogen? Green hydrogen, produced via electrolysis powered by renewableContinueContinue reading “Green Hydrogen: North Africa’s Path to Becoming a Global Energy Powerhouse”

Canadian gold producer IAMGOLD has completed the acquisition of a 12 MW solar photovoltaic (PV) plant in Burkina Faso, reinforcing its commitment to renewable energy integration in the mining sector. The deal, structured as a captive power acquisition, positions IAMGOLD as a leader in sustainable mining operations in Africa. Key Deal Highlights ☀️ Buyer: IAMGOLDContinueContinue reading “IAMGOLD Acquires 12 MW Solar PV in Burkina Faso: A Step Towards Sustainable Mining”

South Africa’s renewable energy sector has received a major boost with a ZAR 575 million (USD 31.5 million) investment from the Climate Investment Fund (CIF) and Nedbank into Pele Green Energy Group. This strategic investment aims to accelerate the country’s transition away from coal, enhance energy security, and reduce emissions at scale. A Milestone InvestmentContinueContinue reading “Scaling Renewable Energy in South Africa: Climate Investment Fund & Nedbank Back Pele Green Energy”

Morocco is making a decisive move towards becoming a global green hydrogen hub, with the government approving EUR 30.3 billion (MAD 319 billion) in green hydrogen projects across three key provinces: Laayoune-Sakia El Hamra, Dakhla-Oued Eddahab, and Guelmim-Oued Noun. This initiative aligns with Morocco’s long-term strategy to position itself as a leader in renewable energyContinueContinue reading “Morocco Clears EUR 30bn Green Hydrogen Proposals”

SolarAfrica, backed by African Infrastructure Investment Managers (AIIM) and Helios Investment Partners, has achieved financial close on the first phase of its ambitious SunCentral solar project in South Africa. The company has secured ZAR 1.8bn (EUR 93.1m) in funding from Investec and Rand Merchant Bank (RMB), marking a major milestone in the country’s renewable energyContinueContinue reading “SolarAfrica Secures ZAR 1.8bn for South African Solar Project”

Appian Capital Advisory has announced its acquisition of a majority stake in the Rosh Pinah Solar Park (RPSP) from Emesco Energy, marking a significant step in its clean energy strategy. The solar facility will provide renewable power to Rosh Pinah Zinc Corporation’s mine, ensuring cost savings and carbon footprint reduction. This investment aligns with Appian’sContinueContinue reading “Appian to Acquire Majority Stake in Rosh Pinah Solar Park, Namibia”

ACWA Power has announced a landmark 2 GW wind project in Egypt, further strengthening its position as a leading renewable energy developer in Africa. This project, with an estimated investment of USD 2.3 billion, will be the largest wind farm in Egypt, surpassing the company’s existing 1.1 GW Suez Wind Farm. Key Highlights 🌍 ✅ContinueContinue reading “ACWA Power to Develop 2 GW Wind Farm in Egypt”