Scatec 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...
Read MoreThe European Investment Bank (EIB), through its development arm EIB Global, has announced USD150 million in financing for the Obelisk solar photovoltaic (PV) and battery energy storage system (BESS) project in Egypt, marking the...
Read MoreBotswana’s Ministry of Minerals and Energy has signed a memorandum of understanding (MoU) with KP Group, an Indian renewable energy and power infrastructure developer, to jointly develop large-scale renewable energy generation,...
Read MoreEgyptian Electricity Transmission Company (EETC), the country’s transmission system operator, has secured EUR200 million in financing from the European Bank for Reconstruction and Development (EBRD) to strengthen Egypt’s...
Read MoreSaudi Electricity Company (SEC), Saudi Arabia’s state-owned power utility, has signed a financing agreement worth up to USD1 billion with Italy’s export credit agency, Servizi Assicurativi del Commercio Estero (SACE), to support...
Read MoreSaudi Electricity Company (SEC), the state-owned power utility responsible for electricity generation, transmission and distribution across the country, has signed a tripartite memorandum of understanding (MoU) with GE Vernova...
Read MoreThe government of Bahrain, through the Ministry of Finance and National Economy, has signed a fifth loan agreement worth KWD31.25 million with the Kuwait Fund for Arab Economic Development (KFAED) to finance the development of...
Read MoreThe World Bank has signed a USD430 million financing agreement with the government of Tunisia to modernise the country’s electricity sector and accelerate renewable energy deployment through the Tunisia Energy Reliability,...
Read MoreThe state-owned Saudi Electricity Company (SEC) has signed a USD3 billion financing agreement with a consortium of regional and international banks to support large-scale power generation, transmission, and distribution projects...
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