Map of Zambia highlighting key cities and regions Pan-African renewable energy developer Axian Energy has made a strategic entry into Zambia’s power sector through the acquisition of an 85.6% stake in the 54 MWp Bangweulu Solar PV Plant, located in Kafue District, Lusaka Province. Finalized on 16 October 2025, this transaction marks Axian’s first investmentContinueContinue reading “🇿🇲 Axian Energy Acquires Majority Stake in Zambia’s Bangweulu Solar PV Plant: Strengthening Africa’s Clean Energy Momentum☀️⚡”
Tag Archives: solar-power
Taqa: Powering Palestine’s Renewable Energy Independence
Aerial view of a solar power plant in Palestine (Ramallah) commissioned in 2024. Massader, the energy investment arm of the Palestine Investment Fund (PIF), has joined forces with the Arab Palestinian Investment Company (APIC) and the Bank of Palestine Group (BoP) to launch Taqa, a new company dedicated to driving renewable energy development in Palestine.ContinueContinue reading “Taqa: Powering Palestine’s Renewable Energy Independence”
Gutami Secures 150 MW Solar + 50 MW BESS PPP in Burkina Faso 🌍
🚀 Project OverviewGutami Holding BV, in partnership with a local development firm, has signed a public-private partnership (PPP) with the Government of Burkina Faso and a 25-year PPA with SONABEL, delivering 150 MWp solar PV integrated with 50 MW battery energy storage (BESS). The €100 million-plus project is slated for commissioning in Q4 2027. AllContinueContinue reading “Gutami Secures 150 MW Solar + 50 MW BESS PPP in Burkina Faso 🌍”
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 🌍⚡”
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 ⚡🌍”
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 🌍⚡📊”