SA and Gabon dominate October funding

From the newsletter

The month of October attracted at least $19.6 billion in funding and commitments, according to the Renewables Rising funding database. South Africa topped the list, accounting for 70% ($13.9 billion) of total flows, while Gabon ranked second with $1.8 billion in hydropower funding expected to inject between 350-400 MW into the national grid.

• The month’s overall funding was more than double the total for August and September, which each recorded about $3.1 billion.

• A total of 28 deals spread across 14 countries were announced, continuing the trend of investment reaching over a dozen markets and potentially more when multi-country funding deals are included.

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