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South Africa’s Absa, African Rainbow Launch Renewables Investment Platform

Johannesburg-based bank Absa Group Ltd (JSE:ABG) has joined forces with clean energy solutions provider African Rainbow Energy and Power (AREP) to create a new African-led renewables investment platform with some ZAR 6.5 billion (USD 443m/EUR 377m) of gross assets. The bank said it would make an initial investment of ZAR 500 million in cash, and […]

Construction of 5 solar parks underway across Iran -EQ