The China-Africa Development Fund (CADF) is in discussions with Shenzhen Energy Group to finance a 100 MW utility-scale solar farm in Ghana. This initiative aims to supply clean energy to mining zones and industrial plants through corporate power purchase agreements (PPAs). It represents a strategic evolution in China-Africa energy cooperation, with a focus on sustainabilityContinueContinue reading “China-Africa Development Fund and Shenzhen Energy Plan 100 MW Solar Project in Ghana”
Tag Archives: renewable-energy
Transforming Telecom Power in West Africa: USD 80M Financing Backs Lebanese Hybrid Solar-Battery Solutions 🌍⚡
IPT Powertech Group, the Lebanon‑based telecom‑energy innovator, has just secured an additional USD 80 million in a DEG‑led syndicated facility — co‑financed by Finnfund and Proparco — to scale its hybrid solar‑battery energy systems for mobile network operators in Guinea, Guinea‑Bissau, and Sierra Leone. Why This Deal Matters Building on precedent: In 2019, the same DFI consortium providedContinueContinue reading “Transforming Telecom Power in West Africa: USD 80M Financing Backs Lebanese Hybrid Solar-Battery Solutions 🌍⚡”
Octopus Energy’s USD 250 Million Bet on Africa’s Clean Energy Future 🌍⚡
Octopus Energy Generation has launched the Octopus Energy Power Africa Fund (OEPA), targeting USD 250 million in investment over three years, to accelerate the continent’s clean energy transition. The fund launches with an initial USD 60 million and marks Octopus’ first dedicated push into the African renewables landscape. 🚀 Fund Objectives & Deployment Strategy TheContinueContinue reading “Octopus Energy’s USD 250 Million Bet on Africa’s Clean Energy Future 🌍⚡”
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 ⚡🌍”
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 ⚡”
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 ⚡”
Mulilo and Scatec Secure 616 MW of Battery Storage in South Africa’s BESIPPPP Round 3 ⚡🔋🇿🇦
South Africa’s energy landscape is undergoing a significant transformation as the Department of Mineral Resources and Energy (DMRE) announces the preferred bidders for the third round of the Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP). 🌍 This initiative aims to bolster the country’s grid stability and reduce reliance on aging coal-fired power plants.ContinueContinue reading “Mulilo and Scatec Secure 616 MW of Battery Storage in South Africa’s BESIPPPP Round 3 ⚡🔋🇿🇦”
Zambia’s Solar Surge: Datang Environment’s 100 MW Project Gains Momentum
Strategic Milestone for Renewable Energy in Zambia Zambia’s Ministry of Energy has officially approved the feasibility study prepared by Datang Environment for a 100 MW solar photovoltaic (PV) project. This endorsement signals a major advance for Zambia’s transition toward renewable energy, especially in the face of recurring power shortages and climate-induced hydropower instability. ⚡🌞📊 DatangContinueContinue reading “Zambia’s Solar Surge: Datang Environment’s 100 MW Project Gains Momentum”
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