
Paris & Mahé, August 20, 2025 – Independent renewable energy company Qair has secured a USD 5.7 million senior debt facility from the Facility for Energy Inclusion (“FEI”), managed by Cygnum Capital, to finance the development, building, operations, and maintenance of a 5.8 MWp Floating Solar plant located in the Providence Lagoon on Mahé Island in Seychelles. [pdf]

Bogotá, 19 November 2025: Climate Fund Managers (CFM), a climate-focused blended finance investment manager operating in emerging markets across Africa, Asia and Latin America, and Erco Energía, a leading Colombian renewable energy developer, with support from the European Union, today announced the inauguration of the Pétalo del Norte I solar power plant in northern Colombia and development funding for the neighbouring Pradera solar-plus – storage plant. [pdf]

Looking at small-scale projects, in order to increase solar PV generation while promoting self-consumption by individuals and businesses, the government approved a targeted programme for the installation of 150 000 rooftop solar PV with a capacity of 2‑3 kW and the installation of solar water heaters with a capacity of about 200 litres to cover 2-2.5% of households by 2025. [pdf]

The largest PV integration project in Africa is set to be carried out in Nigeria following an agreement signed between Onyx Solar, a solar energy company founded in Ávila, Spain, and the world’s leading manufacturer of transparent photovoltaic (PV) glass for buildings, and Sterling Bank Plc., a full service national commercial bank in the West African country. [pdf]
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