Starsight Energy and SolarAfrica join forces to become Africa’s largest C&I developers

SolarAfrica has already positioned itself as a competitive player in the newly enabled power wheeling space, having recently signed up large blue chip customers. The group is now well positioned to service large power users with a lower cost electricity alternative from a recently developed centralised solar generation site, taking advantage of South Africa’s newly revised regulations permitting wheeling and self-generation of up to 100MW by private generators. In 2021, SolarAfrica was named the continent’s leading solar energy firm, scooping the Africa Solar Industry Association’s African Solar Company of the Year award.

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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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