Solar energy

Eiffel injects €3 million loan in GHANA-SIERRA LEONE solar project

Investment fund manager Eiffel Investment Group is providing a €3 million bridge loan to ManoCap Energy. The financing will provide solar power to commercial and industrial (C&I) customers in Ghana and Sierra Leone. ManoCap Energy is raising €3 million for its projects in Sierra Leone and Ghana. This is a bridge loan signed with Eiffel […]

Oilfield Africa - Wednesday October 13, 2021
BP acquires 9GW solar from 7X Energy

Bp reached an agreement today to purchase 9GW of solar development projects in the US from independent US solar developer 7X Energy. The acquisition represents a significant step towards bp’s target of growing its net developed renewable generating capacity to 20GW by 2025 and aim to increase this to 50GW by 2030. The deal will […]

Oilfield Africa - Wednesday June 2, 2021
ACWA Power launches South Africa’s Largest Renewable Energy Project Redstone CSP

ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants in 13 countries and the lead shareholder in the Redstone concentrated solar power (CSP) plant, announced the commencement of construction on the 100 MW Redstone project following achievement of financial close. At ZAR 11.6 billion total investment, the Redstone […]

Oilfield Africa - Tuesday May 11, 2021

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