Investment & Finance
UK grants £3 million for 10 climate change mitigation projects in S.Africa
The funding is to help South Africa’s climate change mitigation efforts
Published on
The funding is to help South Africa’s climate change mitigation efforts
The project is now under construction with commercial operations expected within the next 15 months.
Discovery Green will provide Afrox with approximately 28-GWh of renewable electricity annually.
Cygnum Capital served as CBE’s financial advisor and fundraising partner.
The facility is expected to generate approximately 818 GWh of clean electricity annually.
The Stor’Sun hybrid solar-storage project is expected to supply 8% of Mauritius’ national electricity demand.