News Update - June 2025: Part 1

NOA Group Reaches Financial Close on 349 MW Solar Plant in South Africa. $20M USD Mini-Grid Agreement Announced in Madagascar.

DRCongo - DR Congo Advancing Plans to Develop a 12 MW Hybrid Solar Plant
Funded by the German development bank KfW, the project includes the construction of a 12 MWp solar plant including battery storage. More

Kenya - RUBiSOL Commissions 485 kWp Solar Rooftop System for B. Braun
RUBiSOL, a joint venture between Solarise Africa and RUBiS Energy Kenya, has commissioned a 485 kWp solar installation at B. Braun Pharmaceuticals’ facility. More

Kenya - HACO Industries Commissions Second Solar Installation
The solar expansion was made possible through green financing provided by NCBA Bank. Ofgen Energy served as the EPC contractor. More

Madagascar - $20M USD Mini-Grid Agreement Announced
CrossBoundary Access and ANKA have announced a $20 million agreement to finance, build, and operate a portfolio of solar-powered mini-grid. More

Malawi - Mzuzu University and Escom Sign PPA for $75M USD Solar Plant
Now estimated at approx. $75M USD, the solar power farm will become one of Malawi’s largest independent renewable energy projects once operational. More

Nigeria - EU Commits $11.85M to Nigeria’s Solar for Health Project
The European Union (EU) has pledged €10.4 million (approximately $11.85 million) to the Nigeria Solar for Health Project (NISHP). More

Tanzania - AOTTL Factory Commissions 570 kW Rooftop Solar Plant
The plant is developed by Greenlink-ReGen under a 10-year PPA between Puma Energy and Alliance One Tobacco Tanzania Limited (AOTTL). More

South Africa - 1.4 GW Solar Mega-Cluster to Supply Coega Green Ammonia Facility
The solar cluster recently received full permitting, including environmental impact assessments and necessary authorizations. More

South Africa - NOA Group Reaches Financial Close on 349 MW Solar Plant
Financial close was achieved with the support of a payment guarantee facility provided by Standard Bank on behalf of NOA Trading. More

Zambia - Solar Panda Expands into Zambia Through Acquisition
The transaction adds over 100,000 customers to Solar Panda’s portfolio and represents the company’s first entry into Southern Africa. More

Zambia - Petrodex Energizes First Phase of 25 MWp Solar Plant
Located near Serenje in Zambia’s Central Province, the Mailo Solar PV Plant replaces the previous “Serenje” designation. Development began in late 2024. More

EWIA Launches €2M EUR Equity Raise to Accelerate West Africa Expansion
The offering is structured via a SPV, live on Conda, and targets investors interested in supporting the company’s growth. More