News Update - September 2025: Part 2

Norfund and KLP Invest in Anthem. Acumen Secures $246.5M USD for Hardest-to-Reach Initiative to Expand Energy Access

Benin - Premier Energies Secures $19.95M USD Solar Contracts
Financing has been secured through a Line of Credit from EXIM Bank of India and support from the ECOWAS Bank for Investment and Development (EBID). More

Chad - Commissions First Utility-Scale Solar Power Plant
Abu Dhabi-based Global South Utilities (GSU) has inaugurated the Noor Chad 50 MW Solar Plant in N’Djamena. More

Chad - Targets 866 MW of New Capacity, Including 520 MW of Solar Power
The investment forms part of the “Chad Connexion 2030” national development plan launched in 2025. The program will install solar projects accounting for 520 MW. More

Liberia - Prepares to Inaugurate First Large-Scale Solar Plant in October 2025
The 20 MW facility, located in Grand Bassa County, is being developed under the World Bank-funded Regional Emergency Solar Power Intervention Project (RESPITE). More

Kenya - Empower New Energy Signs $2.5M USD Deal with Abyssinia Steel Plant
The project is being delivered in partnership with Spenomatic Kenya Ltd., which is providing technical expertise. More

Kenya - Orb Energy and Mabati Rolling Mills Partner on Rooftop Solar Plant
As part of the collaboration, Orb Energy has installed a 2.9 MW rooftop solar system at MRM’s Mariakani facility. More

Kenya - Equator Energy Commissions 10 MW Solar Plant
Equator Energy has commissioned a 10 MWp captive solar power plant at Mombasa Cement’s Vipingo facility in Kilifi County, Kenya. More

Mauritania - $300M Agreement signed for 160 MW Solar Plant with Storage
The project will be developed under a build-operate-transfer (BOT) structure, with electricity to be sold to the state utility SOMELEC. More

Tanzania - AG Energies Signs Contract for 20 MWp Solar Plant in Zanzibar
The project is expected to supply electricity to the Zanzibar Electricity Corporation (ZECO) under a long-term arrangement. More

South Africa - Maxion Wheels and Terra Firma Commission 2.9 MW Solar Plant
Developed under a long-term PPA, Terra Firma designed, engineered, and installed the system and will operate and maintain it throughout its lifecycle. More

South Africa - Norfund and KLP Invest in Anthem, a New Renewable Energy Platform
Anthem is being formed through the merger of African Clean Energy Developments (ACED) and EIMS Africa. More

South Africa - Tournee Solar Plant Reaches Financial Close and PPA
The project is sponsored and owned by Red Rocket South Africa. Financing has been secured through a club facility provided by Absa, Standard Bank, and the DBSA. More

South Africa - H1 Holdings Completes R1.9bn Equity Transaction in Kenhardt
H1 Holdings has finalized a $ 100M USD equity transaction in the Kenhardt renewable energy complex, securing its position as a long-term equity investor. More

Uganda - Makerere University’s IDI Commissions 157 kWp Solar Plant
The Infectious Diseases Institute (IDI) at Makerere University in Kampala has commissioned a 157 kWp solar photovoltaic system, installed by TSG Energy. More

Zambia - Africa GreenCo and Serenje Energy Sign PPA for Lusanje Solar Plant
Africa GreenCo and Serenje Energy have signed a memorandum of understanding for a 20-year PPA to develop the 25 MW Lusanje Solar Plant. More

Zambia - Zambia Breaks Ground on 27 MW Lunsemfwa Solar Plant
Energy Minister Mr. Chikote said the project will be integrated with the existing hydropower facility to form Zambia’s first solar–hydro hybrid power station. More

Zimbabwe - Unki Mines Applies for Licence to Develop 10.6 MW Solar Plant
According to ZERA’s public notice, the project will be constructed, owned, operated and maintained by Unki Mines, primarily for self-consumption. More

Acumen Secures $246.5M USD for Hardest-to-Reach Initiative to Expand Energy Access
The initiative combines two complementary vehicles: H2R Amplify, a debt platform and H2R Catalyze, a flexible facility for market-building efforts. More

PIDG Commits $25M USD to Mini-Grids and C&I Solar
The financing package combines a $15 million equity investment with $10 million in concessional equity. More

Ignite Power Closes Buy of Engie’s Africa-focused Off-Grid Solar Unit
Completion of the deal, agreed upon in late January, came after the parties obtained all required regulatory and antitrust approvals across 12 markets. More