African Rainbow Energy and Power (AREP) and Absa today launched a new entity called  African Rainbow Energy as an African-led, world-class, renewable energy investment  platform.  AREP will make an initial investment of assets covering wind, solar photovoltaic and biomass projects...

African Rainbow Energy and Power (AREP) has acquired strategic stake in the SOLA Group in a move that will provide significant investment to fund further expansion. The companies joined forces at the end of 2020, with AREP acquiring a 40%...

African energy company African Rainbow Energy and Power (AREP), which was founded by Dr Patrice Motsepe, has expanded its investment in the renewables sector with the acquisition of a strategic stake in the SOLA Group. The companies joined forces at...

"African Rainbow Energy and Power (AREP) has expanded its investment in the renewable energy sector with the acquisition of a strategic stake in the SOLA Group." AREP, whose founder and chair is billionaire businessman Patrice Motsepe, is focused on clean...

The Motsepe Family in partnership with companies and organisations that they are associated with, have pledged R1 billion to assist with the current Coronavirus (COVID-19) pandemic and its related challenges that are confronting South Africa and the African Continent. These...

The founder and chairman of African Rainbow Energy and Power (AREP), Dr Patrice Motsepe today held a media conference to discuss the allegations and suspicions of improper plans and strategies which implicates AREP and relates to Eskom and the alleged...

Circa 6.6 billion Rand investment with construction of wind farm due to start in June 2018 Global wind and solar company Mainstream Renewable Power today announces the successful completion of financial close for two wind farms in South Africa with...

Sappi has signed an agreement with the Department of Energy to build a renewable energy plant at its mill in Mpumalanga. Sappi and consortium partners KC Africa and African Rainbow Energy and Power would spend a combined R1.8bn on a...

(Bloomberg) -- African Rainbow Energy and Power, an energy company founded by billionaire Patrice Motsepe, expects to announce deals on solar projects this year as part of its growth plans on the continent. "We want to focus on cleaner energy...