News Update - May 2024: Part 1

GoSolr plans $500M USD expansion in South Africa. YEO partners with GEI Power in Zambia to develop a $65M USD solar plant

South Africa

GoSolr plans $500M USD expansion in the country
Future funding will come in the form of debt and equity with existing shareholders such as ARC Investments and Standard Bank More

EDF Renewables building 1.2 GW of power generation capacity
This includes 355 MW of solar PV. The total project spans eight sites across the Northern and Eastern Cape provinces. More

Wetility starts rolling out solar at schools
Last year, Wetility raised $48M USD in a funding round comprising debt and equity. More

Sappi signs PPA with Enpower Trading to supply solar power for 5 years
Enpower will source power from SolarAfrica Energy’s Sun Central 1 GW PV project and start supplying from end of December 2025. More

Rest of Sub-Saharan Africa

DR Congo - AMDA and ACERD asbl collaborate to expand energy access
AMDA and ACERD asbl are expected to work jointly towards ensuring development, financing, and rapid deployment of mini-grids. More

Ghana - Melcom Group installs a $0.9M USD solar rooftop system
Melcom Group financed the 1.6 MW project with a loan from the green financing portfolio of Societe Generale Ghana (SG Ghana). More

Kenya - Country continues to dominate East Africa off-grid solar market
According the GOGLA market report, Kenya is the largest off-grid-solar market in the region, representing 74% of total sales. More

Kenya - Kengen gets approval to build 42.5MW Seven Forks solar project
The project is expected to start early next year, targets to complement hydro power during the day when the sun's intensity will be high. More

Nigeria - WACT signs 1.2GWh solar PPA with Starsight Energy
Under the agreement Starsight Energy there will deliver 1.2GWh of solar green energy to WACT during a period of 15 years. More

Zambia - YEO partners with GEI Power to develop a $65M USD solar plant
The 60 MW/20 MWh project of solar, with storage, is scheduled to reach commercial operations in September 2025. More

Zimbabwe - UNDP powers over 1000 health facilities with solar
UNDP, through the Global Fund last month installed solar systems in over 1000 health facilities across the country under the ongoing SH4F initiative. More

bechtel.org energizes over 300 health facilities with solar power
The project was done via HETA, a USAID Global Development Alliance (GDA), activating private sector expertise and resources. More