Absa Secures $150m Green Finance from the IFC

South Africa is set to benefit from the International Finance Corporation’s (IFC) certified green loan in…

Acwa Power Raises $500m for its South African CSP Plant

Acwa Power has finished the financing phase of the Redstone concentrated solar power plant (CSP). The…

Mozambique’s Dondo Solar Power Project

Pre-qualification process for the project completed. Five (5) IPPs to compete in the final stage. The…

EBRD Mobilizes $114m for 200 MWp Kom Ombo Solar Project in Egypt

The EBRD has announced the mobilisation of $114m to develop the Kom Ombo solar power plant.…

Saudi Arabia to Deploy Seven New Solar Plants

Saudi Arabia has signed power purchase agreements with seven new solar projects that will provide over…

Egyptian Government Approves Construction of 50 MWp Solar Power Plant

The Egyptian government has approved Belectric’s plan to build a 50 MWp solar power plant Belectric…

Zambia Set for First PPA Solar Plant

The pilot project will have a capacity of 10 to 40 MW. The project intends to…

AfDB Provides $27 Million Loan for 200 MWp Egyptian Power Plant

The African Development Bank (AfDB) has approved $27.2 million for constructing the Kom Ombo solar project.…

821MW of New Wind capacity Installed in the Middle East and Africa in 2020

Only 821MW of new wind power capacity was installed in the Middle East and Africa in…

ENGIE Acquires 100 MW Concentrated Solar Power Plant in South Africa

The plant is located in the Northern Cape of South Africa, which is also the location…