African cities demonstrate progressive leadership to deploy renewables —REN21’s new report

The 2021 edition of REN21’s Renewables in Cities Global Status Report, shows that one billion people live in cities with a renewable energy target or policy. The number of cities that have enforced partial or complete bans on fossil fuels jumped fivefold in 2020. With a special focus on Sub-Saharan Africa, the report shows that despite many challenges, city governments across the region have taken important steps to advance the deployment of renewables.

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B&S Power Holding PTE, SunnyFred Global, others to build West Africa’s largest solar power plant in Nigeria

B&S Power Holding PTE, a global renewable energy and mining developer, engaged in renewable energy power plant design, development, financing, construction and operation, together with SunnyFred Global, a Nigerian investment entity, have concluded arrangements in collaboration with other stakeholders and technical partners, to design, develop, finance and construct Ashama solar power plant -West Africa’s largest solar photovoltaic farm- in Nigeria.

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CrossBoundary Energy raises $40m to grow C&I solar projects in Africa

ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARCH ARPF) is providing $40 million in new equity funding to exit initial investors and support CrossBoundary Energy to continue to develop, construct and operate distributed Commercial & Industrial (C&I) solar projects that will provide businesses across Africa with access to cheaper, cleaner power.

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