News Update - October 2024: Part 2

South Africa

Terra Firma announces $74M USD utility-scale solar energy build programme
The projects are currently in development at two sites namely the Hammanskraal 87 MWp Solar PV Project, and the Rietfontein 23 MWp. More

ACWA Power reaches 50 MW at South Africa’s Redstone solar plant
The company, in which the Saudi Arabian PIF holds a 50% stake, stated that the project aims to provide clean energy to nearly 200,000 households. More

POWERCHINA signs contract to build 342 MW solar power plant
The company signed an EPC contract with South Africa’s SolarAfrica Energy for the 342 MW De Aar Central Solar Power Plant. More

Neosun Energy begins installation of 1 MW Solar Station
EPC company Neosun Energy has commenced the installation of a Commercial Solar Station at Dayizenza Mall in Nelspruit. More

Scatec secures financial close for 103 MW Mogobe Project
The project will be financed with $154M USD in non-recourse project debt, arranged by Standard Bank of South Africa, while the remainder comes from Equity. More

Rest of Sub-Saharan Africa

Botswana - AFRIGREEN announces financing of 4 MW Sandveld Solar Park
The long-term loan provided by AFRIGREEN will facilitate the construction and operational phases of a 4 MW solar plant. More

Cote d'Ivoire - Serengeti Energy to develop 50-MWp solar farm
Together with its local partner, Serengeti Energy has signed a memorandum of understanding (MoU) on the initiative with the local Ministry of Energy. More

Congo - Soleos Energy and Melci Holdings announce $200M USD Solar Project
The solar project will be executed under a 25-year PPA with the national utility, Société Nationale d’Électricité (SNEL). More

Namibia - Solarcentury Africa achieves financial close on a 20 MW solar project
The project will be owned by Solarcentury Africa which provides the entire financing needed for its implementation with support of parent company BB Energy. More

Nigeria - Global Energy Alliance for People and Planet plans 10 GW mini-grids
Global Energy Alliance for People and Planet wants to build a pilot to ultimately facilitate 10 gigawatts of mini-grids. More

Zambia - SEFA approves $8 million for development of 25 MW solar plant
Acting as an intermediary off-taker, GreenCo will purchase the generated electricity through a 25-year PPA and sell it to the SAPP Day-Ahead Market. More

Zimbabwe - The Nyabira solar plant completes 2nd phase and enters full production
The Nyabira plant was Zimbabwe’s first utility-scale solar project fully funded from local capital with investors Old Mutual Zimbabwe, NSSA and local pension funds. More

Zimbabwe - Grid Africa and Huawei announce 72 MW solar agreement
The agreement is to implement 72 megawatts (MW) of sustainable solar power infrastructure tailored to cater to the energy needs of mines across Zimbabwe. More