Azuri Technologies, the first company to launch a complete pay-as-you-go solar TV package in Kenya, has announced a partnership with StarTimes to bring wider choice of content to its off-grid customers.
Somaliland among the first beneficiaries of the 50 Clean Energy Projects initiative by ImpactPPA and Earth Day Network
Decentralized renewable energy company ImpactPPA and Earth Day Network have announced an initiative to install clean energy systems at 50 facilities by 2020.
Nigeria Vision 20:2020 is set to be a major development plan for the country to accelerate growth of commercial and industrial sectors over the coming years.
Kenya Power mulls partnership with Kenya Association of Manufacturers to lower industrial energy costs
Kenya Power has renewed its commitment to partner with the Kenya Association of Manufacturers, KAM, to carry out regular energy audits among manufacturers to maximize production efficiency.
Emerging Africa Infrastructure Fund raises $385 million in new debt financing to drive five year business plan
The Emerging Africa Infrastructure Fund, EAIF, managed by Investec Asset Management has successfully completed its latest fundraising round, raising $385million in new long-term debt capital to invest in Africa.
Sustainable energy consumption and 'green' energy production at home is becoming a new lifestyle.
The World Bank Group’s Scaling Solar program, designed to help remove obstacles to developing large-scale solar power in developing countries, has set a new benchmark in Senegal resulting in two bids that will produce electricity for under 4 Euro cents.
KWHCoin, the blockchain-based renewable energy company using a digital currency that converts renewable distributed energy resources to digital tokens has signed a Memorandum of Understanding with Nurse In Hand (NIH) Emergency Response.
BBOXX and Lendahand Ethex launch annual £2.5 million crowdfunding initiative to provide families in Rwanda, Togo and Nigeria with affordable solar energy
Lendahand Ethex, an online positive impact investing platform and BBOXX, a next generation utility, have announced the start of a new Energise Africa partnership accessing for the first time, flexible finance from the UK crowd.
Seabased has been contracted by TC’s Energy, a Ghanaian renewable energy production company, to deliver a wave energy plant near Ada, Ghana.
The Nigerian National Petroleum Corporation (NNPC) has executed contracts for the engineering, procurement, construction, commissioning and financing for Lots 1&3 of the 40inch x 614km Ajaokuta - Kaduna - Kano gas pipeline and stations.
Scatec Solar ASA and partners have signed project documents and are now expected to achieve financial close for three solar PV plants in South Africa totaling 258 MW.
[South Africa] SolarReserve, ACWA and Eskom sign power agreement for construction of 100 megawatt power station
A consortium led by SolarReserve and International Company for Power and Water have signed a 20-year power purchase agreement with Eskom, South Africa’s public electric utility company, for the Redstone Solar Thermal Power Project.
ENGIE and Fenix complete acquisition, target to reach millions of African households with affordable, clean energy
Global utility company ENGIE and off-grid energy leader Fenix International have closed their acquisition agreement.
Telecommunication company Orange has expressed its desire to become a key player in the energy transition sector in Africa, by providing services directly to the general public or as a wholesaler to public operators.
LINDA DOR Hospitality Group in the Eastern Region of Ghana, chose REDAVIA, a global player in rental solar power for businesses and communities, to implement its first solar farm for its group of companies.
Leroy Mwasaru a 20-year-old Kenyan runs Greenpact, a social enterprise creating biogas and fertilizer made from human and organic waste.
South African government unveils Bio refinery facility to address biomass waste challenges, boost industry competitiveness
The South African government has launched a R37.5 million biorefinery facility in Durban, which is set to extract maximum value from biomass waste.
The United Nations Industrial Development Organization (UNIDO) has signed an agreement to work together with the International Solar Alliance (ISA).
First political risk insurance to unlock $1.4 billion clean energy investment across Africa unveiled
The joint initiative to tackle key investment challenges holding back crucial energy investment across Africa has been formally launched.
ALTEN Africa completes financing in Namibia of one of the biggest solar plants in Sub Saharan Africa
ALTEN Africa has achieved financial closure of what will be the biggest photovoltaic solar power plant in Namibia and Sub-Saharan Africa with installed capacity of 45.5 MWp for an output of 37 MWac.
Energy 4 Impact is pursuing a new approach that involves community members in the development and operation of mini-grids in Rwanda.
Global solar company Canadian Solar Inc. has successfully completed construction and started commercial operation of a 6 MWp solar photovoltaic (PV) power project in Keetmanshoop, Namibia.
African Development Bank signs deal with International Solar Alliance to propel solar development in Africa
In a major boost for its Light up and power Africa initiative, the African Development Bank has entered into partnership with the International Solar Alliance (ISA) to scale up solar energy in Africa.
The Board of Directors of IFC and MIGA have approved a plan to refinance more than $400 million of loans to Bujagali Energy Limited and provide up to $423 million in guarantees in support of the Bujagali hydropower project.
Tanzania based clean energy company Rafiki Power and Mobisol GmbH have partnered to pilot a new approach labelled the Hybrid Grid for off-grid clients in rural Tanzania.
Globeleq, an independent power company in Africa, along with CDC Group plc (CDC) and TCQ Power, have celebrated the start of construction of the 57 MW Western Area Power Generation Project in Sierra Leone with a ground breaking event.
IFC and Côte d’Ivoire lead public-private dialogue on opportunities to reduce energy gap with renewables
IFC, a member of the World Bank Group, and Côte d’Ivoire’s Ministry of Oil, Energy and Renewable Energy Development of Côte d’Ivoire have partnered to bring together public and private sector executives in dialogue.
The Overseas Private Investment Corporation says it has committed $2.4 billion to date to the U.S. Power Africa initiative to harness the resources of the private sector to bring more electricity to Africa.
Moustapha Sene is soft-spoken, but he is sure of what he's doing, and has proved a rare knack for seeing the obvious.
Challenges and opportunities abound in Africa’s energy sector, with increase in mergers and acquisitions, Baker McKenzie forecast
Baker McKenzie’s Global Transaction Forecast for the Energy Sector shows that total M&A value in the energy sector in Africa and the Middle East was US$ 4.4 billion in 2017.
Mastercard and M-KOPA have entered into a partnership that will provide Africans living without electricity a simple way to light up their homes and businesses.
[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.
A new study released by the Center for Global Development found that either grid electricity or off-grid solutions alone are currently inadequate to meet many African consumers’ modern energy demands.
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.
Debt crowdfunding initiatives have highest success rates for East Africa’s small businesses, Energy 4 Impact report
Debt crowd funding is the most popular form of online capital raising for small businesses in Africa’s clean energy access sector.
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.
Demand for remote renewable energy systems propels power storage market in Sub Saharan Africa, Frost & Sullivan
The drive to integrate renewable energy into the grid whilst at the same time supply constant, reliable power for industry activities is one of the key factors driving the power storage market in Sub-Saharan Africa.
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.
AfDB, Nordic Development Fund, Global Environment Facility and Calvert Impact Capital partner in $55m investment into Off-Grid Energy Access Fund
On December 15, the African Development Bank’s Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund.
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.
Renewable energy shifts South African power commodity market towards transmission equipment upgrades, report
The South African power commodity market is changing, and renewable energy is taking centre stage. The growing contribution of renewable power and its inherent intermittent nature will drive demand for upgraded transmission equipment.
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 UN Economic Commission for Africa (ECA) through its Sub-Regional Office for Eastern African hosted the launch of the Least Developed Countries Report 2017, presented by the United Nations Conference on Trade and Development (UNCTAD).
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.
A new report has confirmed that Solar is now the fastest growing energy source in the world, and is making a major impact in Africa.