Abu Dhabi Future Energy Company (Masdar), the UAE’s renewable energy company, and Emirates Water and Electricity Company (EWEC), have achieved financial close for their USD6.1 billion integrated solar photovoltaic (PV) and...
Read MoreThe African Development Bank Group (AfDB) has approved a financing package of up to USD66 million for the first phase of the Dandara solar photovoltaic (PV) and battery energy storage system (BESS) project in Egypt’s Qena...
Read MoreJordan’s Ministry of Energy and Mineral Resources is studying options to expand the country’s electricity interconnection with Egypt from the existing 500 MW to 2,000 MW, to strengthen energy security and support the integration...
Read MoreKorra Energi, an Egyptian energy infrastructure company, has secured credit facilities exceeding EGP2 billion to support the implementation of the 500 kV Suez of Gulf transmission lines project for Egyptian Electricity...
Read MoreEgyptian Electricity Transmission Company (EETC), Egypt’s state-owned transmission operator, has secured a EUR690 million financing package from the European Commission (EC) and the European Investment Bank (EIB) to expand and...
Read MoreMulilo, a South African renewable energy developer and independent power producer (IPP), has achieved financial close for the 77 MW/308 MWh Hartebeesfontein battery energy storage system (BESS) project in North West province...
Read MoreSolarAfrica, a South African clean energy company backed by French sustainable investment manager Mirova, has agreed to acquire a utility-scale solar photovoltaic (PV) and battery energy storage system (BESS) project in South...
Read MoreEthiopian Electric Power (EEP), Ethiopia’s state-owned electricity utility, will modernise and digitalise the country’s national electricity transmission network under a EUR54.6 million concessional financing agreement signed...
Read MoreScatec ASA, a Norway-based renewable energy solutions provider, has signed a shareholder agreement with the National Bank of Egypt (NBE) for an equity partnership in the 1.1 GW Obelisk solar and battery energy storage system...
Read MoreThe National Transmission Company South Africa (NTCSA) – South Africa’s state-owned transmission company, and the Industrial Development Corporation (IDC) have signed a memorandum of understanding (MoU) aimed at supporting...
Read MorePower Grid Corporation of India Limited (POWERGRID), an Indian state-owned transmission utility, has incorporated a special purpose vehicle (SPV) to implement a transmission project in Kenya under a public-private partnership...
Read MoreNamibia Power Corporation (NamPower), Namibia’s state-owned utility, and Rede Nacional de Transporte de Electricidade, Angola’s national transmission company, have signed an agreement to develop the Angola–Namibia Power...
Read MoreThe European Bank for Reconstruction and Development (EBRD) has extended a USD65 million loan to HAU Energy, a specialised renewable energy vehicle established in 2024 by Hassan Allam Utilities (HAU), for its solar and battery...
Read MoreMulilo, a South Africa-based independent power producer (IPP), has achieved financial close for the Mercury battery energy storage system (BESS) project in the Free State province. The project comprises a 76 MW/304 MWh BESS...
Read MoreAXIAN Energy, a pan-African renewable energy developer, has achieved financial close for the NEA Kolda 60 MWp solar photovoltaic (PV) project with a 72 MWh battery energy storage system (BESS) in Senegal. The project, located in...
Read MoreAMEA Power, a UAE-based renewable energy developer, is seeking up to USD223.5 million in financing from the European Bank for Reconstruction and Development (EBRD) for battery energy storage system (BESS) projects in Egypt. The...
Read MoreQair, a French independent renewable energy producer, has secured MUR7 billion in financing for its Stor’Sun hybrid solar-plus-storage project in Mauritius—a remote island located in the Indian Ocean, around 2,000 km east of the...
Read MoreSOLA Group, a South African independent power producer (IPP), has achieved financial close on the Naos-1 hybrid solar photovoltaic (PV) and battery energy storage system (BESS) project in South Africa’s Free State province,...
Read MoreThe European Union (EU) has announced an investment grant of up to EUR90 million for Egypt’s electricity grid modernisation and expansion programme. This was announced during the conference, ‘Sustainable Energy Horizons in Egypt...
Read MoreThe Gulf Cooperation Council Interconnection Authority (GCCIA), which owns and manages the Gulf electrical interconnection network, has secured a third additional loan agreement worth KWD8 million from the Kuwait Fund for Arab...
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