The Renewable Agency said in a statement that the grid-connected project was financed by ADFD with $15 million under the IRENA/ADFD Project Facility and will deliver enough electricity to power the equivalent
ElectriFI has committed $3.5 million of development capital to finance 50% of Sierra Leone's 143MW Bumbuna II Hydroelectric power project's external development expenses. According to a company statement,
Due to the recently connected 310MW Lake Turkana Wind Farm, Energy Cabinet Secretary Charles Keter has stated that three thermal power plants with a combined capacity of 190MW would no longer be needed.
In the Africa and Asia markets, the number of solar mini-grid projects is expected to grow from 2,700 units in 2017 to over 31,000 units by 2023, with 51% of these figures to come from Africa. This
The University of Cape Town’s Energy Research Centre (ERC) last week issued a report looking into the intensity of emissions in the power sector across the G20 countries. The fourth annual Brown to
Finance Minister Tito Mboweni recently tabled the carbon tax bill in Parliament, giving effect to the announcements made in the 2017 and 2018 Budget statements. The carbon tax will become effective
The Energy Regulatory Commission (ERC) seeks to establish a fund to cushion operators of mini-grids from high costs as part of regulations to encourage investors to generate, transmit and sell electricity
Global law firm, Norton Rose Fulbright, has successfully closed the financing facilities on a 50MW solar photovoltaic (PV) plant in Sikasso, Mali for the first French green Independent Power Producer,
In Egypt, promising opportunities to accelerate renewable projects are on the horizon, which will reduce dependency on fossil-fueled power plants. According to President and CEO of ACWA Power, Paddy
GE Power has announced that it has won the contract to deliver the turbine island equipment for El Dabaa nuclear power plant project in Egypt through AAEM, its joint venture with Atomenergomash. The
The African Development Bank has approved a $1.5 million grant from its Sustainable Energy Fund for Africa (SEFA), to assist Ghana’s renewable energy investment drive. The bank stated that this grant
