{"id":1109324,"date":"2019-04-05T08:55:00","date_gmt":"2019-04-05T08:55:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=09f65ffa29d1adce4c361ae123db8e43"},"modified":"2019-04-05T10:16:39","modified_gmt":"2019-04-05T10:16:39","slug":"ncondezi-gridx-start-jv-for-solar-battery-projects-in-africa","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1109324","title":{"rendered":"Ncondezi, GridX start JV for solar, battery projects in Africa"},"content":{"rendered":"<p>Aim-listed Ncondezi Energy has entered into a term sheet with power developer GridX Africa Development, enabling the companies to enter into a joint venture (JV) that is focused on building and operating captive solar and battery storage solutions for the African commercial and industrial sector.  <\/p>\n<p>To this end, Ncondezi raised \u00a31.88-million, or $2.48-million, though a placing of around 280-million shares at 6.50p apiece, which will be used to pay a fee in two stages to GridX of $390 000. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aim-listed Ncondezi Energy has entered into a term sheet with power developer GridX Africa Development, enabling the companies to enter into a joint venture (JV) that is focused on building and operating captive solar and battery storage solutions for 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