News Update - January 2025: Part 2

South Africa

Henkel installs 1.8 MW Solar Farm at Alrode Plant
The plant is fully integrated to ensures operational efficiency while significantly reducing reliance on non-renewable energy sources. More

JUWI Renewable Energies to develop 120 MW Solar Plant for Sasol and Air Liquide
The project is developed in collaboration with IPPS Total Energies, Mulilo, and Reatile Group. More

Teraco Data Centres agrees with JUWI Renewable Energies for 120 MW Solar Plant
The Solar Plant will utilize wheeling technology, enabling the transmission of energy from the generation site in the Free State to Teraco’s data centers. More

MMC signs 20-year agreement with NOA Group for renewable energy supply
The agreement leverages NOA’s portfolio of 86 MW of wind and solar PV facilities. NOA will supply renewable energy per year through Eskom’s wheeling framework. More

JUWI Renewable Energies to build 100 MW Solar Plant for Glencore
The Solar plant will supply clean energy to Glencore’s ferrochrome smelters. This project, undertaken in partnership with Pele Green Energy. More

Rest of Sub-Saharan Africa

DRC - Husk Power receives $500,000 grant from Acumen
Husk Power Systems and Acumen have announced a $500,000 grant from Acumen’s Hardest-to-Reach initiative to support Husk Power’s entry into the DRC. More

Ghana - $59M USD Yendi solar farm is nearing completion
The 50 MW Yendi solar PV farm has been financed through an EPC+F agreement with the Bui Power Authority. More

Uganda - Total Energies seeks approval for 20 MW Tororo Solar Project
Total Energies has submitted plans for a 20 MW solar power project in Tororo district which is currently under review by the Electricity Regulatory Authority. More

Uganda - Total Energies seeks approval for 20 MW Iganga Solar Project
TotalEnergies has proposed a 20MW solar power project in Bukoyo village, Iganga district. The application is submitted to the Electricity Regulatory Authority. More 

Zambia - Serengeti Energy and Western Solar Power advance $37M USD project
The 32 MW Ilute Solar Project includes $8M USD in concessional loans, has a grid connection agreement with ZESCO and PPA with Africa GreenCo. More

Ignite Power acquires ENGIE Energy Access forming Africa’s largest DRE provider
Ignite Power signed a Share Purchase Agreement to acquire 100% of ENGIE Energy Access (EEA). More

AfDB partners with PowerGen and investors to launch 120 MW platform
The collaboration involves key partners PIDG, IFU, EDFI and SEFA. PowerGen will leverage expertise in development, implementation and operations. More

AGF launches $5B Mission 300 local currency guarantee facility
This facility targets financing for small and medium-sized enterprises (SMEs) in the Distributed Renewable Energy sector. More

EMCAF holds its final close at $469.2M USD
EIB Global and AllianzGI announce the final close of EMCAF, a blended finance Fund of Funds for climate mitigation and adaptation projects in markets such as Africa. More

Norfund invests additional $40M USD in CrossBoundary Energy
has committed an additional $40 million to CrossBoundary Energy to accelerate the growth of its portfolio of commercial and industrial energy assets across Africa. More

The World Bank and AfDB opens up $40B for electricity access via Mission 300
The initiative comes with a $30 billion pledge from the multilateral lenders, alongside an expected $10 billion in contributions from private institutions. More