[Sierra Leone] Easy Solar receives funding from Acumen and Gaia Impact Fund to accelerate access to off grid solutions
Acumen, the nonprofit global venture fund, and Gaia Impact Fund, a venture fund specializing in clean energy have announced their investment in Azimuth, trading as Easy Solar, a pay-as-you-go solar distribution company operating in Sierra Leone.
The British High Commissioner to Uganda, Peter West has announced a new partnership between the UK’s Department for International Development and the United Nations Capital Development Fund in Uganda.
Research Triangle Park, NC—RTI International has been named a prime contractor on the United States Agency for International DevelopmentPower Africa indefinite delivery, indefinite quantity contract.
TRINE has launched the world’s largest crowd-investment initiative for off-grid solar.
In parallel to the “Photovoltaica” congress of renewable energies in Marrakech, global power producer Voltalia has announced that it has obtained permits for two hydropower plants of 9.8 MW and 7.2 MW in Morocco.
The Managing Director of Eni Ghana Giancarlo Ruiu has signed two separate MOUs with the CEO of the Bui Power Authority Fred Oware and the CEO of the Volta River Authority Emmanuel Antwi-Darkwa, on the joint development of power generation from renewable sources.
As developing countries embrace innovation that will guarantee faster solutions to energy challenges, GE Power and Marinus Energy have announced a pilot project to capture Isopentane gas and use it as a fuel source for generating electricity.
EAIF has signed a Participation Agreement with the International Finance Corporation (IFC) to provide a US$21million B loan to Central Termica de Ressano Garcia S.A.
EnSync, Inc a developer of innovative distributed energy resources has announced its entry into the rapidly growing African microgrid market through the sale of a project that will deliver electricity to an East African village.
Sterling and Wilson, global solar company has been chosen to construct Zambia’s largest solar plant, of capacity 54.3 Megawatt peak.
[Mali] Emerging Africa Infrastructure Fund and Akuo Energy to finance construction of largest solar plant in West Africa
The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG), and Akuo Energy, French green independent power produced have agreed to finance the Akuo Kita Solar power plant, to be built at Kita in southern Mali.
Tanzania private energy company Ruaha Energy has entered into a Standard Power Purchase Agreement with Tanzania Electric Supply Company Limited, TANESCO.
Senegalese Prime Minister Mahammed Boun Abdallah Dionne has inaugurated a twin solar facility, Ten Merina. This is a major milestone and cements Senegal’s position as the leading regional producer of solar energy.
Energy 4 Impact has signed an agreement with Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH to assist mini-grid projects in receiving result-based financing, as part of their Energising Development programme.
African energy and infrastructure conglomerate, Sahara Group will make a strong case for collaborative efforts towards achieving the Sustainable Development Goals (SDGs) through more access to power in Africa.
InfraCo Africa, part of the multi-lateral Private Infrastructure Development Group (PIDG), has signed a Joint Development Agreement (JDA) with Solvéo Energie S.A.S, Solvéo Guinea Renewable Energy SA and Solvéo International Investments SARL.
At the Global Off-Grid Lighting Association conference in Hong Kong, Azuri Technologies has launched its innovative $20 million off-balance-sheet debt financing program.
Power Africa, a U.S. Government initiative to double electricity access in sub-Saharan Africa, has launched the Guide to Community Engagement for Power Projects in Kenya.
Astronergy/CHINT Solar has won a new contract to provide EPC services to the 165 megawatts solar project in Egypt. The company will undertake the technology, design, engineering, procurement and construction work for the whole project.
Orb Energy has raised more than $15 million in equity and debt to grow its in-house finance facility of rooftop solar for small- and medium-sized enterprises (SMEs) in India and to further expand its Kenya operations.
BBOXX, a next generation utility, has launched large pay-as-you-go (PAYG) solar systems in towns and cities in the Democratic Republic of Congo (DRC).
Husk Power Systems, a rural distributed utility company operating mini-grids in Asia and Africa, has announced a $20 million equity investment by Shell Technology Ventures LLC.
[Egypt] NEXTracker delivers smart tracker technology to world's largest planned solar power plant in North Africa
Power company NEXTracker has announced that global solar EPC company Sterling and Wilson selected NEXTracker to supply 325 megawatts of its smart solar trackers to its project within the Benban solar park in Aswan, Egypt.
Saudi-based Acwa Power, a major developer, investor and operator of a portfolio of power generation and desalinated water production plants, has reached financial close of three solar PV projects under Round 2 of Egypt's Feed-in-Tariff programme II.
Enos Banda has been appointed Chief Executive Officer of Anergi, the major African power company established through the joint venture between Africa Finance Corporation and Harith General Partners.
A U.S. based company, RD Global, working with a Japanese company, Mera Group Corporation, plans to set up a manufacturing plant of energy renewable products in Zambia in an effort to mitigate the energy deficit in the region.
Africa will not be able to accelerate and sustain growth without adequate access to energy, says Economic Commission for Africa’s Executive Secretary, Vera Songwe.
London-based private equity fund manager Apis Partners and other investors announced disbursement of $60 MM in new funding to Greenlight Planet Inc., the leading provider of off-grid solar products and solar financing.
IFC, a member of the World Bank Group, has finalized financing for the construction of Zambia’s first large-scale solar power plant – the first project to be developed, tendered, awarded, and financed under the World Bank Group’s Scaling Solar program.
The technology group Wärtsilä is set to deliver a turnkey power plant to provide electricity for the Phase Two expansion of the Tasiast mine located in Mauritania.
The Africa Development Bank’s Sustainable Energy Fund for Africa has approved a grant of US$995,000 to Asticom Kenya Ltd, to support the construction of a 10MW grid-connected municipal waste-to-energy plant.
The African Development Bank achieved a 100% investment in renewable energy in 2017, a major landmark in its commitment to clean energy and efficiency.
Israeli company Yam Pro Energy last week signed a $180 million MOU with Shapoorji Pallonji Group, owners of the TATA Group, to build a wave energy power station in Ghana.
The World Bank Group has approved an International Development Association guarantee of up to $2.8m that will support Zambia in increasing its solar photovoltaic electricity generation capacity and diversify the country’s primary energy sources.
Energy chief of the bank Bakr Abdel Wahab stated that within the upcoming three years, Egyptian investment bank EFG Hermes is looking to run renewable energy projects reaching 400 to 500 megawatts in the North African country.
Africa will not be able to accelerate and sustain growth without adequate access to energy, says Economic Commission for Africa’s Executive Secretary, Vera Songwe.
In Algeria, Univers Détergents company has entrusted Helio Pur Technologies to realize treatment solution for their industrial wastewater.
Luambe National Park in Zambia has achieved a conservation milestone this week as it became the most carbon neutral National Park in the world.
In order to help Ghana meet its industrialization targets, Siemens and Rotan Power have signed a memorandum of understanding (MoU) to develop and build a combined cycle power plant with a capacity of 660 megawatts.
[Nigeria] NNPC assures local investors of support as multi-million naira tank farm opens in Ogun State
The Nigerian National Petroleum Corporation (NNPC) will continue to offer unflinching support to indigenous private investors in the nation’s Oil & Gas Industry.
Mobisol receives $25 million funding in six months from Investec Asset Management as follow on investment
Investec Asset Management, through its African private equity capability, has made a follow-on growth equity investment alongside its consortium partners into Mobisol – meaning that Mobisol has secured over $25 million funding in the last six months.
An announcement on renewable energy projects will be made this week, according to Energy Minister, David Mahlobo, following a number of delays in signing independent power producer (IPP) deals.
[South Africa] GE reaches half way point of Medupi power plant construction with final acceptance of unit four
General Electric Steam Power Systems has received a Final Acceptance Certificate from Eskom for the successful testing and transitioning of Medupi Power Station Unit 4
Globeleq, a developer, owner and operator of electricity generation projects in Africa, has increased its shareholding in the Jeffreys Bay Wind Farm, De Aar Solar and Droogfontein Solar power projects in South Africa.
The Nigeria Electricity Regulatory Commission has renewed the power generation licence for Afam VI Power Plant, a 650MW-capacity facility that has delivered over 25.97 million Megawatt-hour (MWh) of electricity into the Nigerian grid since inception in 2008.
Eni becomes operator of Cabinda North, strengthens presence in upstream, downstream, trading and renewable sectors in Angola
Eni’s CEO Claudio Descalzi and Sonangol’s Chairman of the Board of Directors Carlos Saturnino have signed an agreement that assigns operatorship of Cabinda North block to Eni, as well as 48% the block’s rights.
Kenya Power has signed a total of 23 contracts for the implementation of the Last Mile Connectivity Project (LMCP) funded by both the African Development Bank and the World Bank.
The technology group Wärtsilä has received a letter of award for a 95,3MWp (75MWac) solar photovoltaic (PV) power plant in Nigeria.
CNN Market Place Africa follows a delegation of Kenyan utility managers and policy makers as they travel to the Solar Farm Project in the Californian desert to learn about more about the opportunities provided by solar power.
Telecommunication company Vodacom has launched the biggest green building in Lesotho. Covered with solar panels, the building is carbon neutral and powered by renewable energy at its headquarters in Maseru.
The Lumos Mobile Electricity Service aims to bring power to millions of people who do not currently have access to an affordable, reliable or clean energy supply.
The Sustainable Energy Fund for Africa (SEFA) has approved $990,000 to eThala Management Services, to support the development of a 10-MW Biomass-to-Power plant to be located in the KwaZulu Natal Province of South Africa.
Alfanar Company has closed the financing for the development, construction, ownership and operation of a 50 MW solar PV plant in Egypt's Aswan province and which will be supported by Egypt's FiT program.
Phoenix Energy of Safra, Lebanon participated in the official signing of the International Finance Corporation’s (IFC) Nubian Suns Feed-in-Tariff Financing Program in Cairo, Egypt.
Schneider Electric signs manufacturing partnership agreement with SDM Electrical Switchboards Botswana
Schneider Electric, a global specialist in energy management and automation, is empowering the continent through supporting and addressing the transfer of skills and technology in the power and energy industry.
REDAVIA a global leader in solar energy has invested in the largest minigrid in Tanzania connecting more rural people to the national grid.
[Kenya] JinkoSolar switches London Distillers to solar energy in largest commercial rooftop project in East Africa
JinkoSolar Holding Co., Ltd a global player in the photovoltaic (PV) industry has supplied 924 Kilowatts of PV modules to be installed on the rooftop of the London Distillers’ distillery in Athi River, Kenya.
EREN Renewable Energy and Access Power enter Egyptian renewable energy market with completion of financial close for two solar plants
EREN Renewable Energy and its strategic partner Access Power have announced the successful financial close of two solar PV plants with a total capacity of 126MWp located in the Benban complex.
The United States Agency for International Development (USAID) will advance off-grid energy solutions in sub-Saharan Africa through several new awards announced at the Unlocking Solar Capital: Africa Conference in Abidjan, Côte d'Ivoire.
TOTAL Nigeria has commissioned the second High Speed Filling Machine in its Lubricant Blending Plant in Koko, Delta State in October 2017.
ENGIE and Fenix have agreed on a transaction in which ENGIE will acquire 100 per cent of Fenix International, a next generation energy company, offering Solar Home Systems (SHS) in Africa.
The African Development Bank (AfDB) has issued the first “Light Up and Power Africa” Bond for $90million sold to the Dai-ichi Life Insurance Company, Limited, the sole investor in the transaction.
African national oil companies need to evolve for the future in light of a challenging and disruptive environment - PwC analysis
NOCs across Africa have an enormous opportunity to secure a more sustainable future by transforming into “national energy companies” (‘NECs’), escaping the economic trap of a lower oil price
[South Africa] Delta Energy & Communications partners with Mzansi Digital Republic Trust to boost energy, WIFI connectivity
Delta Energy & Communications, a network, smart grid, and big data company focused on providing connectivity around the globe has signed an agreement with the Mzansi Digital Republic Trust, a South African non-profit organization.
The World Bank has approved an International Development Association $150 million grant in support of Mozambique’s energy sector.
[Egypt] Islamic Corporation for Development of the Private Sector and Alfa Solar to part-fund construction of solar plant
The Islamic Corporation for the Development of the Private Sector and Alfa Solar have signed facility agreements for a US$28.5 million financing to part-fund the construction of a solar plant in Egypt.
Symbion and Highland Group sign $100 million equity investment agreement for Rwanda methane gas projects
Symbion Energy and Highland Group Holdings Ltd. (HGHL) have signed an agreement that will see HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power
ECREEE, CTCN and PFAN have launched a call for proposals for women-led sustainable energy enterprises in West-Africa, as part of the CTCN/ECOWAS Project on Mainstreaming Gender for a Climate-Resilient Energy System in West Africa.
Baker Hughes, a GE company, has signed an agreement for the provision of Asset Performance Management software and services for LNG trains and related Balance of Plant by Nigeria LNG Limited.
The U.S. Trade and Development Agency awarded a grant to Henri Fraise Fils & Cie, a Malagasy energy company, for the development and implementation of minigrids in Madagascar, where only 15 percent of the population has electricity access.
The United Nations Development Programme (UNDP) has handed over 600 solar powered lanterns to Somalia’s Federal Ministry for Humanitarian Affairs and Disaster Management.
AB Minerals, at the invitation of African Minerals & Geosciences Centre Director General, Ibrahim Shaddad, made a presentation to the Board of Directors on the proposed Joint Venture Coltan Processing plant project.
[South Africa] GE’s power generation & air quality control technology is deployed at Kusile Unit One
General Electric has announced that it has successfully commenced commercial operations of Unit One of Kusile’s coal power plant.
African Development Bank (AfDB) Group has approved three senior loans for a total amount of $55 million to finance three solar PV Projects under the second Round of the Feed-in-Tariff (FiT) Program in Egypt.
Bandera Electric Cooperative was selected by NRECA International to design and procure a solar and energy storage solution for Totota, Liberia, located 160 km east of the capital, Monrovia.
Unit 1 of the South African coal fired Kusile power station project has been brought into full commercial operation, adding 800MW which will help to further stabilize the national grid.
Apex International Energy, an independent oil and gas exploration and production company focused on Egypt, has signed two concession agreements for 1.7 million acres encompassing the West Badr el Din and South East Meleiha concessions.
Schneider Electric, the global specialist in energy management and automation, has signed a contract to provide comprehensive process automation systems, solutions and services to Dangote Oil Refinery.
In a new move aimed at improving the resilience of Egypt’s power grid, the Egyptian Electricity Transmission Company has awarded Siemens a contract for the construction of two substations.
Huntkey, a global leading provider of power solutions, has introduced its new model of South African standard power strip commonly referred to as surge protector
The U.S. Trade and Development Agency has awarded a grant to Swayana (Pty) Ltd, a Pretoria-based energy project developer, for a feasibility study that will use innovative U.S. technologies to convert waste gas into a valuable commodity.
Lumos, the people behind one of the fastest growing off-grid solar companies in Africa, have said that the mobile solar revolution will transform Nigeria’s small-business economy.
[Tanzania] AB Minerals Corp signs MoU with African Minerals & Geosciences Centre for Strategic Partnership
AB Minerals Corp. is pleased to announce that it has signed a Memorandum of Understanding with the Africa Minerals and Geosciences Centre to establish a Strategic Partnership for the Company’s new Made for Africa Eco-Friendly coltan processing facility.
PSECC Solar Farms Ltd, a climate change mitigation company and developer of solar farms, has turned to Natcore Technology Inc. to help restore financial viability to a 20 MW Ghanaian project that was threatened by a 29 per cent reduction in feed-in tariffs.
Ignite, headquartered in Rwanda, has been able to change the energy paradigm in a continent afflicted by energy poverty with over 700 million people without access to power.
The African Development Bank managed Sustainable Energy Fund for Africa approved a $ 695,500 grant to NEO I SPV Pty Ltd., a subsidiary of OnePower Lesotho Pty Ltd., to support the preparation of a bankable business case
The Nigerian National Petroleum Corporation has disclosed that the four major investments it recently embarked upon with key upstream joint venture partners are capable of providing incremental revenue to the national treasury by over $30 billion.
Technology group Wärtsilä is to supply a 22 MW baseload power plant to Morocco’s state utility under an engineering, procurement and construction (EPC) contract.
[Somalia] Electro Power Systems integrate wind energy to existing microgrid to meet growing power demand
Extension of microgrids in Somalia’s north eastern town of Garowe is currently on-line, Electro Power Systems S.A, technology pioneer in energy storage systems and microgrids, has said.
Ethiopia and UK have signed a compact that will support the acceleration of the off-grid solar market in Ethiopia by creating business opportunities, more jobs and helping improve access to electricity for poor people.
Transformation of cocoa production, rural economy, energy in focus as AfDB president Adesina visits Ghana
The President of the African Development Bank (AfDB), Akinwumi Adesina, is championing the transformation of the rural economies of African countries as the fastest way to lift millions of people out of poverty.
Total Nigeria Plc and Blackbit Limited signed a Solar Home Solution distribution agreement. This Solar Product distribution partnership is aimed at facilitating seamless nationwide access to Solar energy products.
REDAVIA, a global market leader of cost-effective rental solar power for businesses and communities, has kicked off operations of its eight-container solar farm at Shanta Gold’s New Luika mine in the Chunya district, Tanzania.
In a collaborative initiative, the African Development Bank (AfDB) and the Food and Agriculture Organisation (FAO) have joined efforts to operationalize the ‘Desert to Power program’ in eleven countries including Sudan.
Tanzania wins $21.7 million from Climate Investment Funds to advance geothermal exploration and transform its energy sector
The Climate Investment Funds (CIF) has approved US $21.7 million for the United Republic of Tanzania to finance its Geothermal Energy Development Project.
Downtown Bujumbura just got a little brighter, thanks to an innovative partnership between Mayor Freddy MBONIMPA and Gigawatt Global, a founding member of United States Power Africa's Beyond the Grid program.
BBOXX , one of the UK's fastest growing renewable-energy businesses has signed an agreement to implement 300,000 BBOXX solar home systems in Togo over the next five years.
Rapper turned philanthropist Akon has, in an exclusive interview with CNN’s Becky Anderson, explained about his passion for Akon Lighting Africa project, his life growing up between Senegal and the U.S. and why he is now focusing on charity work.
Frank Balestra is a Canadian who has lived in Africa the better part of the last five years, both in the DRC and Rwanda. This has given him a good understanding of the people, the African culture, the countries and the coltan industry.
Rwanda Minister of Finance and Economic Panning, Claver Gatete and World Bank Country Manager for Rwanda, Yasser El Gammal have signed a $50 million Scaling-Up Energy Renewable Program (SREP) financing agreement.