Renewable-energy-focused entity launched to advance uptake in Africa

African Rainbow Energy and Power (Arep) and Absa have launched a new entity, called African Rainbow Energy – an “African-led, world-class, renewable-energy investment platform”. Arep will make an initial investment of assets covering wind, solar photovoltaic (PV) and biomass projects with an installed capacity of more than 700 MW of renewable energy.
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