renewable energy
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NEWS
Watt Renewable Secures $15 M Debt Facility for Hybrid Solar Solutions in Nigeria
AFRIGREEN Debt Impact Fund (“AFRIGREEN”), a leading investment fund focused on sustainable energy solutions has announced USD 15 million debt facility with several project companies owned by Watt Renewable Corporation (“WATT”), an independently-owned provider of hybrid solar solutions in Nigeria. AFRIGREEN is backed by prominent institutions including the European Investment Bank (EIB), the International Finance Corporation (IFC), BIO, FMO, Proparco,…
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RENEWABLE ENERGY
Teraco commences construction on 120MW utility-scale solar power plant
Teraco has announced today that it has started construction of its 120MW utility-scale solar PV power plant in the Free State province of South Africa. In a world first for data centre operators, Teraco will own the 120MW solar PV plant and wheel the renewable energy to its data centres, with the plan to create its own sustainable energy source to power…
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RENEWABLE ENERGY
Epson Achieves 100% Renewable Electricity for All Japanese Facilities
Epson announced on Tuesday it has achieved a major sustainability milestone by switching to 100% renewable electricity for all its 14 owned sites in Japan in 2021. This accomplishment marks a significant step in Epson’s ongoing commitment to environmental sustainability and sets a benchmark for the manufacturing sector worldwide. The manufacturing sector, accounts for around a third of the world’s…
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RENEWABLE ENERGY
Africa’s renewable energy market poses $193-Billion opportunity by 2031
The size of Africa’s investment opportunity in renewable energy represents a potential US$193-billion by 2031. However, realising this potential will require access to innovative funding models and a robust secondary finance market to recycle and widen the available capital pool. This is according to new research from global consultancy firm Wood Mackenzie, commissioned by Revego Fund Managers and MOBILIST. Amid…
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NEWS
[South Africa] How to afford solar in 2024
No one is a fan of loadshedding, but what it has done for South Africa is help accelerate our transition to cleaner energies, especially solar power. “With no end in sight to the electricity crisis in the country, many homeowners who want to install solar aren’t aware of the options that make getting solar an achievable goal in 2024,” says Ross…
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