🌍 Africa's Finance and Investment Solar highlights for late November. 🇿🇦 South Africa Volkswagen Group Africa expanded its solar capacity by 3 MW, bringing the total to 5.9 MW. The company has invested nearly $5.5M USD in solar energy so far. (cc Martina Biene) Scatec ASA completed a transaction, selling ownership in Kalkbult, Linde, and Dreunberg projects to STANLIB , earning $24M USD in the second phase and $51M USD in total. (cc Aidan Wildschut) Chateau Gateaux (Pty) Ltd partnered with SOCO CAPITAL to develop a 700 kWp solar PV system for its production facilities. (cc Amit Abraham) 🌍 Rest of Sub-Saharan Africa Kenya - RUBiSOL, a joint venture by Solarise Africa and RUBiS Energy Kenya, will offer renewable energy solutions to commercial and industrial clients. (cc Jan Valk) Senegal - JUWI South Africa secured financial close for a $31.5M USD off-grid solar project with 20 MWp capacity and 11 MWh storage for Eramet's mineral sands mine. (cc Richard Doyle) Zimbabwe - Grid Africa signed a $180M USD deal to build a 200 MW solar plant to power mining operations. (cc Norman Moyo) The Rockefeller Foundation invests $10.9M USD to advance clean energy in Africa, building on $10M USD in prior commitments to energy transition projects through The Global Energy Alliance for People and Planet (GEAPP). (cc Naomi Wagura) Many more updates in the newsletters. For more bi-weekly updates and sign up for our newsletter here: https://lnkd.in/eb_du9Ec and follow our newsletter as many other professionals in Africa's Renewable Energy Space. #RenewableEnergy #Solar #Africa #SouthAfrica #Investment
Thahk you for sharing Solar Financed Africa