UK power infrastructure investor Gridworks and South African investment firm New GX Capital announced that they have injected USD 40 million (EUR 34m) into a South Africa-based solar power company operating in the commercial and industrial (C&I) segment to support its expansion across other regions of the African continent. Gridworks invested a total of USD […]
Congo Agrees $100 mln Solar-Hybrid Power Deal For Three Cities
Democratic Republic of Congo on Thursday signed a $100 million solar-hybrid power deal with a consortium led by Gridworks, to provide electricity to half a million people across three cities that have no grid connection. Solar-hybrid systems combine solar power with another electricity generating energy source. Democratic Republic of Congo on Thursday signed a $100 […]
Congo, Gridworks Sign $100 Million Solar-Hybrid Power Deal
The Democratic Republic of Congo signed agreements with a consortium headed by Gridworks Development Partners LLP to spend $100 million building and operating three off-grid solar-hybrid electricity facilities. The deal concluded by Congo’s Ministry of Hydraulics Resources and Electricity seeks to bring power to about 500,000 people in three cities in the north of the […]