Global renewable energy developer Mainstream Renewable Power has signed $117.5m equity investment from investors including IFC, the IFC African, Latin American and Caribbean Fund (ALAC) and the IFC Catalyst Fund, two funds managed by IFC Asset Management Company, Ascension Investment Management and Sanlam to accelerate the build-out of megawatts of wind and solar plants across […]
Category: Solar & Wind
OPIC, REPP Sign Pact In Support Of Renewable Energy Projects in Africa
The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, and the Renewable Energy Performance Platform (REPP) have announced an agreement to facilitate cooperation on renewable energy projects in Sub-Saharan Africa.
Greenpeace Slams Eskom CEO’s Anti-renewable Energy Propaganda
Greenpeace, a leading non-governmental environmental organization with offices in over 40 countries has reacted angrily to a statement by CEO Brain Molefe, Eskom, a South African electricity public utility provider.
Greenpeace Ranks Top 5 SA Retail Giants in Renewable Energy Report
South Africa’s top five retailers (Pick n Pay, Massmart, Spar, Woolworths and Shoprite) have a major role to play in shaping sustainable growth in the energy sector and need to champion the country’s transition to 100% renewable energy, according to the latest report launched today by Greenpeace Africa.
Ghana: Yingli Promises Affordable Solar Power
Yingli Namene West Africa (YNWA), a leading renewable energy solutions developer focused on West Africa, has started operations in the burgeoning Ghanaian renewables energy industry.
Yingli Namene Enters Ghana’s Solar Energy Market
Yingli Namene West Africa (YNWA), a leading renewable energy solutions developer focused on West Africa, is expected to enter the burgeoning Ghanaian renewables energy industry, next week.
African Energy Ministers Storm London
Over 130 speakers have so far confirmed to attend the 18th annual Africa Energy Forum (AEF) taking place in London this year from 22-24th June.
Can Africa Tap Into The ‘Church Economy’?
Africa is a hotbed of church activities from worshipping to fund-raising. In the past, the church was seen as a charitable venture which was not supposed to embark on profit-making business.
Scatec Solar to build first large scale solar plant in West Africa
An historic agreement to Build-Own-and Operate West Africa’s first utility-scale solar power plant was signed here today by Norwegian company Scatec Solar and its partners, the Malian Ministry of Energy and Water and Electricité du Mali (EDM), the electricity utility of Mali.
Why ‘powered’ Africa is key to its economic transformation
History teaches us that Africa will not be able to lift people out of poverty, substantially improve well-being, and reduce inequalities, if it cannot sustainably power itself.











