CrossBoundary Energy’s $1B G20 commitment targets Africa’s primary commercial and industrial growth barrier: reliable power

CrossBoundary Energy (CBE) pledged to have US$1B renewable energy projects operating and in construction by 2030, joining bold commitments from business leaders at the Global Citizen NOW conference, held ahead of the G20 Leaders’ Summit in Johannesburg, South Africa.

Key takeaways

CrossBoundary Energy has committed to an operating and in-construction portfolio of US$1B in renewable energy projects by 2030

The announcement was made alongside leading businesses and investors at Global Citizen’s NOW Conference on the eve of the G20 Leaders' Summit in Johannesburg, South Africa

CrossBoundary Energy’s commitment includes its current in-construction and awarded portfolio and will include renewable energy projects for private businesses in Africa

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CrossBoundary Energy (CBE) pledged to have US$1B renewable energy projects operating and in construction by 2030, joining bold commitments from business leaders at the Global Citizen NOW conference, held ahead of the G20 Leaders’ Summit in Johannesburg, South Africa.

CrossBoundary Energy (CBE) pledged to have US$1B renewable energy projects operating and in construction by 2030, joining bold commitments from business leaders at the Global Citizen NOW conference, held ahead of the G20 Leaders’ Summit in Johannesburg, South Africa.

On stage, CrossBoundary Energy’s Chief Regulatory Officer Tessa Lee agreed to Global Citizen’s impact and monitoring process, including follow-ups, until the pledge is fully implemented.

"On the eve of the G20, we're not just making promises but rather scaling proven results. CrossBoundary Energy is already operating renewable energy across some of Africa's most challenging markets. That track record has created powerful momentum. Now, with strong partner interest and additional capital, we're positioned to unlock US$1B in energy infrastructure that will remove the single biggest barrier facing African businesses: reliable power access."

Tessa Lee, Chief Regulatory Officer at CrossBoundary Energy

"The Scaling Up Renewables in Africa initiative was born of the need to expand energy across the continent. We support an energy secure future for Africa that harnesses the human and technological potential on the continent."

Cyril Ramaphosa, President of the Republic of South Africa

The G20 presidency was hosted by South Africa in 2025 and will culminate in the G20 Leaders’ Summit in Johannesburg this weekend.

CrossBoundary Energy’s $1B G20 commitment targets Africa’s primary commercial and industrial growth barrier: reliable power

CrossBoundary Energy (CBE) pledged to have US$1B renewable energy projects operating and in construction by 2030, joining bold commitments from business leaders at the Global Citizen NOW conference, held ahead of the G20 Leaders’ Summit in Johannesburg, South Africa.

CrossBoundary Energy (CBE) pledged to have US$1B renewable energy projects operating and in construction by 2030, joining bold commitments from business leaders at the Global Citizen NOW conference, held ahead of the G20 Leaders’ Summit in Johannesburg, South Africa.

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CrossBoundary Energy’s $1B G20 commitment targets Africa’s primary commercial and industrial growth barrier: reliable power

CrossBoundary Energy (CBE) pledged to have US$1B renewable energy projects operating and in construction by 2030, joining bold commitments from business leaders at the Global Citizen NOW conference, held ahead of the G20 Leaders’ Summit in Johannesburg, South Africa.

CrossBoundary Energy (CBE) pledged to have US$1B renewable energy projects operating and in construction by 2030, joining bold commitments from business leaders at the Global Citizen NOW conference, held ahead of the G20 Leaders’ Summit in Johannesburg, South Africa.

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