US-based Energea, a leading renewable energy investment platform has participated in a key conference in Abidjan, focusing on Africa’s sustainable growth. The event, hosted by Bridgewater Associates and Global Citizen, resulted in the signing of the Abidjan Accord. This agreement, supported by African leaders and global financial players, aims to secure $120 billion in funding for Africa’s infrastructure and renewable energy projects. According to Energea, this financial boost is critical for Africa’s economic potential and growing workforce, projected to rise from 10% to 25% of the global labor market. The company also announced a partnership with Hecate Global Renewables to develop solar projects under its Solarize Africa portfolio.
Bridgewater Associates hosts major conference on Africa’s future economy
IDA Fund’s $120 billion replenishment supports infrastructure, education, and energy in Africa’s developing economies. (Image Source: PRNewswire)
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: NextPower UK)
The project will provide renewable energy to 600 residential subscribers, including low- and moderate-income households, at reduced rates. (Image Source: Chaberton Energy)
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)