REDAVIA, global clean solar solution provider for businesses and communities, has launched a crowdfunding initiative to fund 10 upcoming solar units in partnership with Lendahand, an online impact investing platform where investors can invest in sustainable initiatives in emerging countries
Energy
Siemens signs 25,000MW electricity deal in Nigeria
Siemens has signed an electricity agreement with Nigerian government, a move that is seen to produce 25,000MW of electricity by 2025
ENGIE and Meridiam sign for solar PV projects in Senegal
ENGIE and partners Meridiam and FONSIS have signed EPC, operation and maintenance and Finance contracts for two solar PV projects of 60MW
European Investment Bank and FMO to accelerate Africa’s renewable energy sector
The European Investment Bank (EIB) and FMO adhere to the ‘renewAfrica’ initiative, championed by RES4Africa, which intends to facilitate and improve financing for renewable energy projects in Africa
MENA needs US$209bn investments in power sector by 2023: APICORP
Over the next five years, the Middle East and North Africa (MENA) region will need to invest US$209bn in the power sector, according to the MENA Power Investment Outlook 2019-2023 report by The Arab Petroleum Investments Corporation (APICORP)