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Sun Exchange crowdfunding offers a (Nhimbe) Fresh start

With Cape Town-based solar crowdfunder The Sun Exchange having generated $1.4 million for a 510 kW solar-plus-storage facility for Zimbabwean food company Nhimbe Fresh, pv magazine has spoken to the heads of both businesses–Sun Exchange CEO and founder Abraham Cambridge and Nhimbe executive chairman Edwin Moyo–about the fundraising exercise. First up is The Sun Exchange founder…

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Covid-19 weekly round-up: Residential systems in Italy will get a 110% tax rebate and UK consumers are being paid to turn appliances on as coronavirus turns the energy world upside down

Plus, Australia’s Greens want renewables front and center of the post Covid-19 economy and Mexican plant owners are overturning a politically-motivated ban on clean energy, however, Indian developer Acme solar says pandemic delays warrant it reneging on the terms of the record-low solar price agreement it signed.

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Reatile buys 20% stake in Juwi’s South African unit

The buyer has not disclosed how much it invested in the subsidiary of German EPC contractor Juwi, which is building four PV power plants with 250 MW of total generation capacity under the nation’s Renewable Energy Independent Power Producer Program.

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