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Three African Renewable Energy Projects Announced as Winners of the USD7m Access Co-Development Facility Prize
Three projects from Nigeria, Madagascar, and Sierra Leone, fought off fierce competition from almost 100 entries to win a share of US$7million prize. The prize also includes a package of technical support designed to bring their renewable energy projects to life.
Denham Capital, a leading global energy-focused private equity firm, and GreenWish Partners, a renewable energy investment company dedicated to sub-Saharan Africa, today announced a partnership to develop, build and finance a portfolio of 600 megawatts (MW) of renewable energy assets across sub-Saharan Africa by 2020.
Morocco's 160 MW concentrated solar farm, Noor 1, was only the start. When the African nation is done, Noor 1 will be joined by three more similarly-sized power plants which will generate a whopping 500 MW of renewable energy.
Project Solaris in South Africa, has earned the Roundtable on Sustainable Biomaterials (RSB) certification for the production of the energy rich tobacco crop “Solaris” in the Limpopo region of South Africa.
Akon Lighting Africa concluded its African road show last night in Benin. The three co-founders, Akon, Thione Niang and Samba Bathily inspected the new street lamps installed in the district of Pahou, near to the capital Cotonou with Prime Minister, Mr. Lionel Zinsou.
SunEdison's President of Asia-Pacific and Sub-Saharan Africa, Pashupathy Gopalan, Is Named "Solar Power Person of the Year"
SunEdison, Inc. today announced that Pashupathy Gopalan, SunEdison's president of Asia-Pacific and Sub-Saharan Africa, was awarded the Solar Power Person of the Year during the Renewable World International Convention in Delhi, India.
Symbion Power, an American Independent Power Producer, and the most prolific investor in the African power sector from the United States announced today that it has entered into a Protocol D'Accord directly with His Excellency Hery Rajaonarimampianina, President of the Republic of Madagascar
A consortium led by global wind and solar company Mainstream Renewable Power was today awarded Preferred Bidder status by the Department of Energy in South Africa for two large-scale wind energy projects with a total generation capacity of 250 megawatts.
SunEdison, Inc. has been awarded an 86 megawatts (MW) DC solar photovoltaic project in South Africa during the fourth bid round of the Renewable Energy IPP Procurement Program organized by South Africa's Department of Energy.
SunPower have announced that it has begun construction on the 86-megawatt peak (MWp) Prieska solar power plant in South Africa's Northern Cape province.
The House of People's Representative (HPR) adopted, Wednesday, during a plenary session in Bardo, the draft law related to the production of electricity from renewable energy.
Enel Green Power SpA , acting through its wholly-owned subsidiary Enel Green Power RSA Ltd has signed a loan agreement for a total of 2,100 million South African rand (equal to about 160 million euros) with KfW IPEX-Bank
German wind turbine manufacturer Nordex has acquired a 111MW deal to supply turbines to Enel Green Power wind farm in South Africa.
The African Export-Import Bank (Afreximbank) has provided a $40 million term loan funding to the Kenya Power and Lighting Company (KPLC) to enable the company roll out upgrades and implement installations to enhance its transmission and distribution capacity.
Actis, the global pan-emerging market private equity firm, today announced the launch of a pan-African renewable energy generation platform, Lekela Power. Actis is investing alongside Mainstream Renewable Power, the global wind and solar developer, which will own the other 40% of the platform. Lekela Power is the eighth such energy platform Actis has created, following a proven replicable strategy of aggregating energy assets into scalable regional platforms. This latest platform is another example of Actis replicating a proven strategy in a high-growth sector and meeting the increasing demand for domestic infrastructure in emerging markets.
The Western Sahara Resources Watch (WSRW) on Monday denounced the oil drilling operations off Western Sahara shores carried out by the U.S. firm Kosmos Energy, asking for the cancellation of its activities.
The president of Ghana John Dramani Mahama, has promised to fix the current energy crisis plaguing the nation in the coming months ahead. He made this pledge in his state of the nation’s address in Parliament earlier today on the 26th of February. According to the president, the current power shortage will not be managed as had been done by previous government, but would rather find permanent solutions.
[Retail] New Nielsen Report Shows GDP, Population and Governance Data Alone Are Not Enough to Predict Brand Success in Africa
For brands eager to tap into the growing African markets and the region's estimated 350 million middle class consumers, relying solely on macro-economic data such as GDP growth, population trends and regulatory governance data to identify opportunities and predict success can lead to costly missteps, according to a new report from Nielsen
Rwanda has completed and launched an 8.5 MW solar installation in Rwanda by Gigawatt Global. This is the first utility-scale solar project to come online under the U.S.-Africa Clean Energy Finance (ACEF) program, which is now an integral part of Power Africa. The project expands electricity generation capacity by more than 6 percent in a country where more than 80 percent of the people live without access to electricity, and is providing enough grid-connected power to supply 15,000 homes.
Actis has announced the launch of a pan-African renewable energy generation platform, Lekela Power. Actis is investing alongside Mainstream Renewable Power, the global wind and solar developer, which will own the other 40% of the platform.
The AFC delegation, headed by the Senior Vice President of Power, Batchi Baldeh, will showcase the AFC’s transformative power projects at the summit and demonstrate the significant impact that the work of the AFC is continuing to have on the sector.
Mr Jeffery Immelt, Chief Executive Officer of General Electric yesterday arrived in Ghana to conclude negotiations with the execution of the $560 million Ghana 1000 megawatts gas powered plant.
Eni, Vitol and Ghana National Petroleum Corporation (GNPC) signed today with the President of the Republic of Ghana, John Dramani Mahama, and the Minister of Petroleum, Emmanuel Armah-Kofi Buah, the agreement to proceed with the OCTP integrated oil & gas project in Ghana. First oil is expected in 2017, first gas in 2018 and the peak production will be 80,000 boed in 2019.
Aggreko the world leader in the provision of temporary power and temperature control services, has announced a three year contract extension to its 200 MW gas-fired power project in Ivory Coast, with an option to extend this by a further two years.
MTN Benin, has partnered with Ericsson under their Ecology Management Program, to launch the first electrical and electronic equipment waste (e-waste) collection and awareness drive in Benin.
The U.S. Trade and Development Agency awarded two grants to support the development of hydropower in Tanzania and Rwanda. These activities build upon USTDA’s long history of connecting U.S. industry to priority clean energy projects in sub-Saharan Africa. They also support the goals of Power Africa, a U.S. government-led initiative to increase electricity access across the continent.
In Ghana, providing a reliable and stable energy supply to both the population and businesses is a constant challenge for the government. Recently the country has been facing severe economic woes, evidenced by the sliding value of the cedi, their national currency, and coupled with growing inflation, partly due to the rising energy costs that affect industry costs.
ACCIONA Energy has put the Sishen solar photovoltaic plant into service. With its 216 gigawatt-hours (GWh) of electricity generation per year, it will have the highest energy of production of any plant in Africa. ACCIONA holds a majority stake in the plant. Sishen is the first photovoltaic facility built by the company in South Africa, a market with high growth potential in the renewable energy sector.
Philips and SNV collaborate to increase access to clean, efficient cooking solutions for communities in Africa
Partnership aims to improve health and well-being and income of rural populations; while having a direct positive impact on the environment
CAMAC Energy Inc.has released the financial and operational results for the three months ended September 30, 2014. The Company plans to file its Form 10-Q for the third quarter 2014 with the Securities and Exchange Commission later.
South Africa: Opening of New R 300 Million Atlantis Wind-turbine Tower Production Factory offers light at the end of the tunnel
With South Africa currently in the grip of debilitating rolling black-outs and load shedding due to the Eskom power grid being stretched to capacity, and exacerbated by a loss of capacity at its Majuba power station in Mpumalanga, it comes as a ray of light that GRI - Renewable Industries officially announced the opening of their new R 300 Million wind turbine tower production facility in Atlantis, Cape Town today.
Three Ghanaian companies have emerged winners in the Power Africa Off-Grid Energy Challenge sponsored by General Electric (GE), the U.S. Africa Development Foundation (USADF) and the U.S. Agency for International Development (USAID).
With support from the African Development Bank (AfDB), Mali received US $1.5 million from the Scaling-Up Renewable Energy Programme in Low Income Countries ...
The Sustainable Energy Fund for Africa (SEFA) approved a US $950,000 grant for the development of the WINDIGA 20 MW Solar PV power plant in Burkina Faso. ...