Location of Ras Shukeir in the Red Sea Governorate of Egypt Egypt’s renewable energy trajectory is receiving a significant boost as Scatec ASA has signed a 25-year USD-denominated PPA with the Egyptian Electricity Transmission Company (EETC) to develop a 900 MW onshore wind farm at Ras Shukeir, along the Gulf of Suez . This new project joinsContinueContinue reading “Unlocking 900 MW Onshore Wind in Ras Shukeir: Scatec’s Next Leap in Egypt’s Energy Transition 🌬️”
Category Archives: Non classé
Cabeólica Phase II: Scaling Wind + BESS Across Cabo Verde 🇨🇻🌍⚡
Solar PV development in Santiago Island, Cabo Verde The African Development Bank (AfDB) has approved €19.6 million to support Cabeólica’s Phase II expansion—a landmark project integrating 13.5 MW of wind capacity and 26 MWh of BESS across four islands in Cabo Verde: Santiago, Sal, Boa Vista, and São Vicente. This builds on the success of the initial 25.5 MW wind PPPContinueContinue reading “Cabeólica Phase II: Scaling Wind + BESS Across Cabo Verde 🇨🇻🌍⚡”
Scaling Impact with Solar Mini‑Grids in Madagascar 🇲🇬🌍📊
Background and Market OpportunityCrossBoundary Access, a pioneer in blended‑finance renewable energy projects, is partnering with Malagasy developer ANKA to deploy a USD 20 million solar PV + battery mini‑grid portfolio—marking CrossBoundary Access’s first expansion beyond Nigeria—and a major scale-up for ANKA’s decentralized energy footprint . With electricity access rates at only 36 % overall and 15 % inContinueContinue reading “Scaling Impact with Solar Mini‑Grids in Madagascar 🇲🇬🌍📊”
Egypt’s First Utility-Scale Battery Storage Project Reaches Financial Close: A New Era for Grid Resilience
Egypt has achieved a significant milestone in its renewable energy journey with the financial close of its first utility-scale Battery Energy Storage System (BESS). AMEA Power, in collaboration with the International Finance Corporation (IFC), has secured a $72 million debt package to integrate a 300 MWh BESS with the 500 MW Abydos Solar PV PlantContinueContinue reading “Egypt’s First Utility-Scale Battery Storage Project Reaches Financial Close: A New Era for Grid Resilience”
Modelling Mini-Grid Economics: Financial Structuring for Rural Electrification Projects in Africa ⚡🌍
As energy access expands across Sub-Saharan Africa, mini-grids have emerged as a scalable, decentralized solution to power rural communities. But making them bankable remains a challenge. This is where robust financial modelling plays a critical role—not just in evaluating viability but in unlocking capital through data-driven confidence. The Mini-Grid Model: What Are We Building? Mini-gridsContinueContinue reading “Modelling Mini-Grid Economics: Financial Structuring for Rural Electrification Projects in Africa ⚡🌍”
Greencoat Renewables Lists on Johannesburg Stock Exchange: Strategic Expansion with Financial Insight 🌍💼📈
On 9 June 2025, Greencoat Renewables PLC marked a new chapter in its growth journey by initiating a secondary listing on the Alternative Exchange (AltX) of the Johannesburg Stock Exchange (JSE). This strategic move reinforces Greencoat’s commitment to broadening its investor base and enhancing liquidity while tapping into a market increasingly attuned to the renewableContinueContinue reading “Greencoat Renewables Lists on Johannesburg Stock Exchange: Strategic Expansion with Financial Insight 🌍💼📈”
South Africa’s Ishwati Emoyeni Wind Farm Reaches Financial Close: A Pioneering Trader-Offtake Model 🌍⚡📊
On 9 June 2025, the 140MW Ishwati Emoyeni Wind Farm in Western Cape province in South Africa achieved financial close, marking a historic first for the country’s renewable energy sector. This ZAR 4.9 billion (EUR 242.5 million) project becomes South Africa’s first large-scale renewable energy initiative to reach financial close with an energy trader –ContinueContinue reading “South Africa’s Ishwati Emoyeni Wind Farm Reaches Financial Close: A Pioneering Trader-Offtake Model 🌍⚡📊”
Financial Modelling for EV Charging Infrastructure: Navigating the Road Ahead ⚡
As the global shift towards electric vehicles (EVs) accelerates, the demand for robust and accessible charging infrastructure becomes paramount. 🌍 For financial modellers, this presents a unique set of challenges and opportunities. Unlike traditional infrastructure projects, EV charging stations encompass diverse revenue streams, variable utilization rates, and evolving technological standards. 📈 This article delves intoContinueContinue reading “Financial Modelling for EV Charging Infrastructure: Navigating the Road Ahead ⚡”
Turning Cocoa Waste into Power: The Divo Biomass Breakthrough in Côte d’Ivoire 🌿🇨🇮
A pioneering renewable energy project is brewing in the cocoa fields of Divo, Côte d’Ivoire. Climate Fund Managers (CFM) and Ivorian IPP SODEN are co-developing the Divo Biomass Project—a 76 MW waste-to-energy power plant that will convert cocoa pod husks and agricultural residues into clean, grid-connected electricity. Project Snapshot 📊 Location: Divo, 200 km fromContinueContinue reading “Turning Cocoa Waste into Power: The Divo Biomass Breakthrough in Côte d’Ivoire 🌿🇨🇮”
Red Rocket Energy’s Equity Raise Stalls Amid Valuation Dispute ⚡
Red Rocket Energy, one of South Africa’s most active independent power producers (IPPs), has encountered a significant challenge: a stalled equity raise, triggered by a disconnect between the company’s valuation expectations and investor sentiment. The Deal That Didn’t Close ❌ Red Rocket was seeking a valuation of USD 500 million in its latest equity round.ContinueContinue reading “Red Rocket Energy’s Equity Raise Stalls Amid Valuation Dispute ⚡”