Browsing: green energy

• CrossBoundary Energy has completed a US$40 million equity investment from Norfund and KLP
• The deal will allow CrossBoundary Energy to further scale its investments in renewable energy solutions for commercial and industrial businesses across Africa
• The $40M commitment is a continuation of Norfund’s and KLP’s earlier investments in the C&I sector and endorses the scale and maturity of the distributed generation sector in Africa

Renewable energy systems developer CrossBoundary Energy has completed a US$40 million equity investment from Norfund and KLP.

Norfund is the Norwegian Investment Fund for developing countries, while KLP is Norway’s largest pension company.

According to the partners, the commitment will allow CrossBoundary Energy to further scale its investments in renewable energy solutions for commercial and industrial businesses across Africa.

The $40M commitment is a continuation of Norfund and KLP’s earlier investments in the C&I sector and endorses the scale and maturity of the distributed generation sector …

Distributed Power Africa (DPA) has unveiled a 1.2MW solar installation at Liquid Telecom’s  Campus in Midrand, Johannesburg –one of their largest projects to date in South Africa. Recently, the company also announced a major deal with Tesla to bring Powerwalls into Zimbabwe, as a part of their telecoms power solution.

According to the CEO of DPA Africa, Norman Moyo “This solar deployment to Liquid Telecom Midrand is a major development in improving energy security for critical users like data centres.  It will improve their power security and energy efficiencies.  The power needs of data centres tend to be heavy and sensitive, and DPA’s engineering hopes to provide a reliable power supply to keep this operation running with no downtime.”

DPA designed and is engineering the Liquid Telecom Midrand solar plant as a combined carport and rooftop solution, that will come complete with a real-time power monitoring system.  This initiative is …