Zola Electric Raises $90m to Fund Expansion Plans

Zola has raised $90m to expand its products and services. The funds comprise equal part equity…

Gridworks and New GX to Fund SPS Expansion into West Africa

Gridworks and New GX have invested $40m in South African C&I developer SPS.  SPS plans to…

GBE to Finance Productive Use of Solar Projects in the Ivory Coast

GBE has launched a new programme aimed at financing solar energy providers in the Ivory Coast.…

Cape Town Plans to Generate Its Own Energy

  Cape Town wants to self-generate its power. The city wants to reduce reliance on Eskom’s…

The City of Windhoek Launches Tender for 25MW of Solar PV Projects

The city plans to deploy a 25MW capacity of solar projects. Developers will deploy the projects…

Mediclinic Signs Solar PPA for Six Hospitals in South Africa

Mediclinic has signed a 12-year power purchase agreement (PPA) with Moshesh Partners to deploy solar PV…

IFC to Support the Development of a Green Bond Market in Ghana

Ghana Securities Commission has signed an agreement with the International Finance Corporation to develop a green…

Mergence Acquires Majority Stake in Ejuva Solar Power Plants

Namibian investment Manager Mergence has acquired a majority stake in the Ejuva solar power plants in…

AfDB Funds $530m Electricity Project to Expand Renewable Energy and Regional Connectivity in Angola

The African Development Bank has committed $530 million to finance the construction of a 343 km,…

Shoprite Scale-Up Rooftop Solar PV Project

Shoprite now generates 12300 MWh of electricity annually from rooftop solar PV at 19 of its…