Daily News Wrap-Up_ Reliance to Invest $50M in US-Based BEV for Clean Energy Solutions

Daily News Wrap-Up: Reliance to Invest $50M in US-Based BEV for Clean Energy Solutions

Here are some noteworthy cleantech announcements of the day from around the world: Reliance has entered into a definitive agreement to invest up to $50 million in Breakthrough Energy Ventures ...
/ / Other, Renewable Energy
Sun Exchange’s 1.9 MW Solar-Plus-Storage Project For Zimbabwe's Vegetable Exporter

Sun Exchange’s 1.9 MW Solar-Plus-Storage Project For Zimbabwe’s Vegetable Exporter

Zimbabwe’s leading fruit and vegetable exporter, Nhimbe Fresh, struck a deal with South African solar leasing platform Sun Exchange to install 1.9 MW of solar-plus-storage project for its cold store ...
/ / Off-grid, Solar
South African Mining Company Plans to Set up a 10 MW Solar Project

South African Mining Company Plans to Set up a 10 MW Solar Project

South Africa-based Marula Platinum Mine has issued a request for information (RfI) for setting up a 10 MW solar project to power its operations. Marula sought information on how to ...
Daily News Wrap-Up_ Sterling & Wilson Bags 300 MW of Solar Projects in Australia

Daily News Wrap-Up: Sterling & Wilson Bags 300 MW of Solar Projects in Australia

Here are some noteworthy cleantech announcements of the day from around the world: Sterling and Wilson Solar Limited, a Shapoorji Pallonji Group company, has secured an order worth 300 million ...
/ / Other, Renewable Energy
South Africa’s Sasol Invites Bids for 20 MW of Solar Projects to Power its Facilities

South Africa’s Sasol Invites Bids for 20 MW of Solar Projects to Power its Facilities

Sasol, a South Africa-based integrated chemicals and energy company, has issued a request for proposal (RfP) to develop two solar projects of 10 MW at its Secunda and Sasolburg facilities ...
/ / Solar, Tenders & Auctions
Tender Announced for a Battery Energy Storage System in South Africa’s Western Cape

Tender Announced for a Battery Energy Storage System in South Africa’s Western Cape

Eskom Holdings SOC Limited, a South African power utility, has floated a tender for a battery energy storage system (BESS) with a minimum of 80 MW/320 MWh usable capacity at ...
ArcelorMittal Looks for IPPs to Set up Solar Projects at 6 Locations Across South Africa

ArcelorMittal Looks for IPPs to Set up Solar Projects at 6 Locations Across South Africa

ArcelorMittal South Africa, a steel producer, has issued a request for information to recruit independent power producers (IPP) to set up solar power projects at six locations in South Africa ...
South African Solar Company Sun Exchange Secures $3 Million Funding

South African Solar Company Sun Exchange Secures $3 Million Funding

South Africa-based Sun Exchange, a peer-to-peer solar leasing platform, has announced that it has secured a $3 million (~₹226.02 million) investment. It secured the investment from ARCH Emerging Markets Partners’ ...
/ / Finance and M&A, Solar
Zimbabwe Announces Tender for the Development of 500 MW of Solar Projects

Zimbabwe Announces Tender for the Development of 500 MW of Solar Projects

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has issued a notice inviting tender for the procurement of 500 MW of solar power from projects at various locations in the ...
IFC Backs Standard Bank of South Africa’s Green Bond Issue with $200 Million Investment

IFC Backs Standard Bank of South Africa’s Green Bond Issue with $200 Million Investment

The International Finance Corporation (IFC), the financial arm of the World Bank Group, has announced that it has invested ₹200 million (~₹14.7 billion) in the Standard Bank of South Africa’s ...
/ / Finance and M&A, Other
Scatec Solar’s 86 MW Solar Project in South Africa Begins Operation

Scatec Solar’s 86 MW Solar Project in South Africa Begins Operation

Scatec Solar, a Norwegian solar developer, and its partners have initiated the commercial operation of the first phase of its 258 MW solar project in Upington, South Africa. According to ...
/ / Solar, Utility Scale
South Africa Eyeing Old Solar, Wind Projects to Reduce Tariffs

South Africa Eyeing Old Solar, Wind Projects to Reduce Tariffs

The government of South Africa recently held discussions with power producers to procure cheaper electricity from older renewable energy projects. Although the government has not made any formal proposal to ...
/ / Markets & Policy
Silk Road Fund Gets 49% Stake in Saudi Arabia’s ACWA Power

Silk Road Fund Gets 49% Stake in Saudi Arabia’s ACWA Power

Headquartered in Saudi Arabia, ACWA Power, a developer, owner, and operator of power generation and water desalination projects has signed an agreement with Silk Road Fund for a 49% stake ...
South Africa’s Kingdom of Eswatini Seeks Developers for 40 MW of Solar Projects

South Africa’s Kingdom of Eswatini Seeks Developers for 40 MW of Solar Projects

The Kingdom of Eswatini in southern Africa has issued a request for qualification (RfQ) for 40 MW of ground-mounted solar projects. The tender has been floated by the Eswatini Energy ...
/ / Solar, Utility Scale
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 ...