Scatec Solar and partners have grid connected and reached commercial operation for 86 MW of the 258 MW solar power complex in Upington, South Africa. The 86 MW facility, known as Sirius, is expected to produce 217 GWh and will lead to the abatement of more than 180,000 tonnes of CO2 emissions annually.
Scatec Solar owns 42%, Norfund holds 18%, the surrounding Community of Upington 5% and H1 Holdings, a South African Black investor holds the remaining 35% of the equity.
Metier has received US$113 million in commitments and has called the first close of its second Sustainable Capital Fund, Metier Sustainable Capital Fund II (MSC II). MSC II targets investments...
Read moreShell Foundation, a UK-registered charity, together with FMO, the Dutch entrepreneurial development bank, announces the launch of the US$120 million Energy Entrepreneurs Growth Fund (EEGF), with an in...
Read moreGenser Energy Ghana Limited has achieved financial close for a US$366m funding package including a new syndicated senior loan facility of US$230m, a mezzanine loan, and preference...
Read moreSeriti Resources has concluded an acquisition agreement with South32 to acquire South 32’s 91.835% shareholding in South Africa Energy Coal (SAEC). Located in the coalfields of Mpumalanga, SAEC...
Read moreEnel, through its renewable subsidiary Enel Green Power, has started construction in South Africa of its Karusa and Soetwater wind farms, with an installed capacity of 140 MW each. The plants, which a...
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