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Pay as you go (PAYG) off-grid energy access business models are often vertically integrated, in that they include elements of manufacturing, distribution, consumer financing, payment collection and af...

Ghana through the Ghana Grid Company Limited (GRIDCo) under the G20 Compact with Africa (CwA) initiative has signed a US $250m Memorandum of Understanding (MoU) with Siemens to extend Ghana’s power ...

Ruzizi IV Hydropower Project in Rwanda has received US $8.9m grant from the African Development Bank (AfDB), drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the implem...

President Cyril Ramaphosa has committed to ensuring that the current “uncertainties and inconsistencies” inhibiting businesses and households from building and financing new power generation capac...

As the long-term transition towards renewable energy continues apace, we see a sunny outlook this year for solar energy companies, as well as onshore wind and energy storage. Link to article...

The Off-Grid Energy Access Fund of the Energy Inclusion Facility (OGEF EIF) has recently raised $59 million to finance off-grid suppliers in Africa. Link to article...

French renewable energy company Quadran International last week said it has received the notice of intended award for a 5-MW floating solar power facility from the government of the Seychelles. Link t...

A year of extreme weather events and mounting evidence of global heating have catapulted the climate emergency to the top of the list of issues worrying the world’s elite. Link to article...

Efacec was selected for the engineering, procurement and construction (EPC), and operations and maintenance (O&M) of a 41MWp solar plant located in Metoro, north of Mozambique. Link to article...

The United Kingdom has pledged new aid towards building green cities across Africa with quality infrastructure to help the continent reach its economic potential. Link to article...

Investment management business Inspired Evolution has secured a further $87.75-million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stan...

Inspired Evolution, an Africa-focused investment advisory firm that specializes in the clean energy sector, led a US$41 million equity investment by its Evolution II Fund and other consortium partners...

Inspired Evolution, an Africa-focused investment advisory firm that specializes in the clean energy sector, closed a ZAR100 million investment facility by its Evolution II Fund into Commercial Energy ...

Sweden’s development finance institution Swedfund has invested SEK 126m in the Evolution II Fund, which is focused on clean energy supply and resource efficiency in Sub-Saharan Africa. Read the full...

Inspired Evolution has signed a deal to invest up to USD36 million in Alten RE Developments Africa B.V., the sub-Saharan Africa-focused subsidiary of Alten Energías Renovables. The investment by Insp...

Inspired Evolution has successfully secured a further USD35 million in commitments from the African Development Bank (AfDB) and Swedfund International AB (Swedfund) in a second closing of its Evolutio...

In a clear signal that the renewable energy industry is maturing, clean energy and resource efficiency specialised fund manager, Inspired Evolution, has successfully exited a number of its renewable e...

James Eedes recently joined the Inspired Evolution deal team to head up its project finance portfolio under its new successor fund, Evolution II. James is an experienced renewable energy sector specia...