Africa’s First Commercial Floating Solar Farm Commissioned Updated On Wed, Mar 6th, 2019 by Saurenergy The plant, besides generating enough electricity to take the farm nearly off the grid will also reduce its carbon emissions by half. New Southern Energy, a leading South African-based, full-service renewable energy provider for distributed energy projects throughout Africa, has installed the continents first commercially operated floating solar PV power plant at the Marlenique fruit […] Read more
Africa and Middle East Installed 962 MW New Wind Capacity in 2018 Updated On Mon, Feb 11th, 2019 by Saurenergy The report forecasts that a further 6.5 GW capacity will be added by 2023. According to the latest data released by the Global Wind Energy Council (GWEC), countries in Africa and the Middle East region installed 962 MW of new onshore wind power capacity in 2018, an increase of more than 300 MW compared to […] Read more
Engie Commissions Kathu CSP Plant in South Africa Updated On Mon, Feb 11th, 2019 by Saurenergy The park is expected to operate for 30 years, with a 100 MW capacity delivering an estimated 390 GWh of electricity every year. French energy and services group, ENGIE has achieved commercial operation of its 100 MW Concentrated Solar Power (CSP) plant in the Northern Cape, South Africa. The solar plant, which is one of […] Read more
Evolution II Fund Closes ZAR100 Mn Investment Targeting C&I Solar Rooftop Market in Africa Updated On Tue, Feb 5th, 2019 by Saurenergy The investment will be used to finance rooftop solar projects for commercial and industrial consumers. Inspired Evolution, an Africa-focused investment advisory firm that specialises in the clean energy sector, has closed a ZAR100 ($7.47) million investment facility by its Evolution II Fund into Commercial Energy SA – an affiliate of SolarAfrica. Commercial Energy SA offers […] Read more
AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
UKCI Pledges to Invest R500 Million for Renewable Projects in Africa Updated On Wed, Jan 23rd, 2019 by Saurenergy UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […] Read more
Solar Water Bag to Provide Clean Drinking Water to East Africans Updated On Thu, Dec 27th, 2018 by Saurenergy The concept of the product has already been put to test in villages, refugee camps and slums in Eastern Africa, where its market is. Two Danish architecture on a path to find solution to the problem of clean drinking water have developed a plastic bottle water purification system which uses solar energy. The bottle known […] Read more
UK Government Gives £100 million for Renewable Energy Projects in Africa Updated On Tue, Dec 11th, 2018 by Saurenergy The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […] Read more
AFRICA: World Bank invests in batteries to boost solar energy Updated On Sat, Oct 20th, 2018 by Saurenergy The World Bank has decided to invest $1 billion for energy storage in Africa. The objective is to support the production of batteries to stimulate the production of solar energy. Africa is increasingly relying on solar energy to increase the rate of access to electricity for its population. Intermittence is the main disadvantage of the […] Read more
