According to the latest data released by GWEC Market Intelligence, the Africa and Middle East region installed 821 MW of new wind power capacity in 2020, bringing total capacity in the region to over 7 GW. While this growth is stable for the region and nearly the same levels of the previous year despite COVID-19 […]
GE Renewable Energy and GE Energy Financial Services(“GE EFS”) have partnered to provide technology and advisory support for its flagship onshore wind project in Sub-Sahara Africa. Kipeto Energy Plc’s (“Kipeto”) 100-megawatt (MW) wind power project is located south of Nairobi, in Kajiado, Kenya. GE Renewable Energy will provide 60 of its highly efficient GE 1.7-103 turbines to […]
Azuri Technologies and the Electrification Financing Initiative (ElectriFi) will feature at the UN Climate Change Conference COP24 this week to showcase how innovative financing in the off-grid solar sector is helping millions across Africa access affordable, renewable, clean energy. Azuri announced last year an innovative US$20 million off-balance-sheet multi-phase debt financing programme to provide working capital for the expansion of off-grid […]
JinkoSolar recently announced that it supplied 55.7MW of high-efficiency modules to the Garissa Solar Plant, which is expected to be one of the largest solar plants in central and eastern Africa once completed. Located in Barki Village, Garissa County, Kenya, the solar plant is expected to be formally commissioned by Kenyan President Uhuru Kenyatta. The […]
IFC, a member of the World Bank Group, has forged a new partnership with Gaia Energy to create a joint platform for the development of wind power and other renewable energy projects in Africa. Gaia Energy is a Moroccan renewable energy developer active in 10 countries across Africa. The new joint platform will start with […]
Small African nations, which have or are yet to ratify the International Solar Alliance (ISA), are looking up to Indian support to build up solar capacity, their Ambassadors said at an expo here. Referring to the small population size yet high scope for solar energy and allied businesses in her country, Gambian Ambassador Jainaba Jagne […]
African Development Bank recently entered into partnership with the International Solar Alliance (ISA) to scale up solar energy in Africa. This partnership agreement is seen as a major boost to Light up and power Africa initiative. The Bank and ISA will jointly support technical assistance and knowledge transfer for solar development and deployment in sun-shine […]
FMO has invested in Fund I from Energy Accesss Ventures (EAV) – a venture capital firm focused on Africa. EAV invests in companies which bring innovative technologies and business models across the electricity value chain thereby improving productivity for industry and access for consumers in Sub-Saharan Africa. This includes companies involved in solar home systems, mini-grids – both off-grid and […]
Zesco has awarded Pöyry with an Environmental Impact Assessment assignment for the Kafue Gorge Lower (KGL) Hydropower Project (HPP) in Zambia. The 750 MW Kafue Gorge Lower Hydropower Project is part of the long-term solution to address the increasing gap between energy demand and supply in Zambia. The project is closely linked to the electricity […]
