acwa

ACWA Power Invests $7B in African Renewable Energy for Sustainable Growth

Saudi Arabia’s ACWA Power has invested over $7 billion in renewable energy projects, positioning itself as a top private investor on the continent. At a recent panel at the Future Investment Initiative New Africa Summit, CEO Marco Arcelli shared that these investments are fully dedicated to renewable energy. This focus aligns with ACWA Power’s goal…

Read More
grid africa

Grid Africa Secures R50M to Boost Solar Projects as Costs Rise

Grid Africa, a leading player in renewable energy, has secured an equity investment of R50 million (about $2.8 million) from Rifuwo Energy Partners. This funding will help accelerate the development of solar energy projects across South Africa, giving much-needed support to businesses dealing with rising energy costs during the ongoing energy crisis. The investment comes…

Read More
mainstream

Mainstream Renewable Power Secures Funding for 50 MW Ilikwa Solar Plant

Mainstream Renewable Power has recently achieved financial close on its 50 MW Ilikwa solar PV plant in South Africa, marking a significant milestone in the country’s renewable energy landscape. This development is crucial as South Africa grapples with ongoing energy challenges and strives to meet its renewable energy goals. The Ilikwa solar plant is expected…

Read More
SOLAR

OffGridBox Brings Solar Power and Clean Water to Africa

OffGridBox is a social enterprise that aims to provide affordable access to solar energy and clean water in off-grid communities across Africa. Their mission focuses on improving the quality of life for those living without reliable energy and water sources. By deploying innovative, container-based systems, OffGridBox is transforming lives and fostering sustainable development in underserved…

Read More