Seraphim to Open a 500 MW Solar Cell Factory in South Africa

Seraphim to Open a 500 MW Solar Cell Factory in South Africa

Jiangsu Seraphim Solar System, a solar product manufacturer, has announced to open 500 MW solar cell factory in the Port Elizabeth, South Africa. The cell factory based in Coega Industrial ...
/ / Markets & Policy, Solar
Decrease in Cost of Solar by 50% can Increase Solar Penetration by 8 Times: NITI Aayog

African Development Bank Approves $220 Million Loan for a Solar Project in South Africa

The African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion (~$220.3 million) to the 100 MW Redstone concentrated solar power project. The project is located in the ...
/ / Markets & Policy, Solar
African Infrastructure Fund Acquires Stakes in South African Solar and Wind Projects

African Infrastructure Fund Acquires Stakes in South African Solar and Wind Projects

The African Infrastructure Investment Managers (AIIM), one of Africa’s infrastructure-focused private equity fund managers and a member of the Old Mutual Alternative Investments (OMAI), has acquired stakes in nine new ...
/ / Finance and M&A, Solar
New Development Bank Approves $300 Million Loan for South African Energy Sector

New Development Bank Approves $300 Million Loan for South African Energy Sector

New Development Bank (NDB), an initiative by BRICS (Brazil, Russia, India, China and South Africa) countries, has approved $300 million loan for sustainable development projects in South Africa. A loan ...
/ / Finance and M&A, Solar
GRIDCO Asks Bidders to Match Lowest Tariff Quoted at its 200 MW Solar Auction

Globeleq Set to Acquire Brookfield’s Renewable Assets in South Africa

Globeleq, an independent power producer and developer in Africa, is set to acquire Brookfield Asset Management's interests in its South African renewable energy portfolio. The agreement is subject to various ...
Hero Future, Vikram Solar and ACME go to Court Against DGTR Opposing Safeguard Duty

Saudi Arabia’s ACWA Power to Develop 100 MW Solar Project in South Africa

The International Company for Water and Power Projects (ACWA Power) has announced that it will soon begin the construction of a 100 MW solar project in South Africa. An agreement ...