Globeleq inks framework contract for 3.6-GW green H2 project in Egypt
Africa-focused independent power manufacturer (IPP) Globeleq has authorized a framework arrangement with Egyptian authorities that paves the way for the construction of a 3.6-GW green hydrogen production hub in Egypt.
Nov 21, 2022 // Markets & Finance News, Solar to Fuel, IPP, Asia, Africa, Egypt, green hydrogen, Globeleq
Oz developer indicators 7.6 GW renewables pact with Egypt
Fortescue Future Industries's framework agreement to establish projects, including green hydrogen, in the nation
Nov 16, 2022 // Storage, Solar to Fuel, Asia, Africa, Egypt, Oz, Mark Hutchinson
Tunisia's initial floating solar station starts to operate
In Tunisia, the first floating solar station on a lake alongside a Tunis industrial park has started to operate.
Nov 14, 2022 // Plants, Floating PV, Tunisia, Africa, Omar Bey
Africa renewable resource investment at 11-year low: study
Investment in renewable energy in Africa was up to its lowest level in greater than decade last year despite the continent's huge possibility, experts claimed Wednesday at the COP27 climate conference.
Nov 10, 2022 // Market Research, BNEF, Africa, COP27, Luiza Demoro
TAQA Arabia gets EBRD financing for 7-MW solar project in Egypt
The European Bank for Reconstruction and Development (EBRD) is giving USD 5.5 million (EUR 5.5 m) to the renewable resource subsidiary of Egyptian power business TAQA Arabia to construct as well as operate a 7-MWp solar photovoltaic (PV) project in El Minya, Egypt.
Nov 10, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, EBRD, Asia, Africa, Egypt, Solar Project, TAQA Arabia
Bank Of America, Crossboundary Partner for RE Expansion Across Africa
Bank of America will sustain distribution of about 255 MW of solar as well as wind generation and also 50 MWh of storage projects by CrossBoundary. CrossBoundary is presently delivering a portfolio of $230 million in projects for more than 30 business customers throughout 14 African nations.
Nov 10, 2022 // Markets & Finance News, Africa, bank of america, CrossBoundary Energy, Karen Fang, solar and wind, Sharm El-Sheikh, COP27, Matt Tilleard, United Nations Sustainability Development Goals
Germany, Egypt Join Hands for Renewable Hydrogen
The collaboration will be concentrated on the implementation of projects for producing, handling, employing and transferring green hydrogen in addition to the promotion of a green hydrogen field. Egypt as well as Germany will together be buying research study on green hydrogen also.
Nov 7, 2022 // Solar to Fuel, Germany, Europe, Asia, Africa, Egypt, green hydrogen, Climate Change, LNG, National Hydrogen Policy, Suexz Canal Economic Zone
Talesun Solar, Artsolar Set Off Operation of 325 MW Solar Facility in South Africa
The solar power project has been jointly developed by Talesun Solar and also ARTsolar. Talesar Solar claimed that the inauguration of the 325 MW PV module facility functions as a catalyst and model for the quality-focused growth of not just the local PV industry but also the whole of the local economy.
Nov 7, 2022 // Plants, Africa, South Africa, Talesun, Talesun Solar, ARTsolar, Dong Shuguang, solar power PV module
Mainstream Inks Deal to Develop RE Plants in South Africa
Mainstream has authorized a lease contract with South Africa's national electrical energy business Eskom for a 1,650-hectare site to build and operate RE plants. The substantial land is located alongside the Majuba as well as Tutuka coal-fired power plant in the Mpumalanga Province.
Oct 17, 2022 // Plants, Large-Scale, Commercial, National Grid, Battery Storage, Africa, eskom, South Africa, mainstream renewable power, wind, Mainstream, REIPPPP, aker offshore wind, Hein Reyneke, Lease Agreement, Majuba, Mpumalanga Province, Tutuka
AfDB approves USD-2.5 m give for renewables programme in Mozambique
The African Development Bank (AfDB) claimed on Friday that its board had approved to extend a USD-2.5-million (EUR 2.56 m) grant to the government of Mozambique to sustain the renewables development in the nation.
Oct 14, 2022 // Markets & Finance News, Africa, AfDB, Mozambique
Azelio, Engazaat advance on renewable resource storage project in Egypt
Swedish power storage company Azelio AB (FRA:4 AZ) as well as Egypt-based project designer Engazaat Development SAE are pressing ahead with the implementation of a joint project for renewable energy storage space after completing an usefulness research study.
Oct 11, 2022 // Storage, Asia, Africa, Egypt, azelio, Engazaat
Voltalia inks South Africa solar PPA with Rio Tinto
Developer is constructing a 148MW project in Limpopo province to provide output for the agreement
Oct 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, PPA, Voltalia, Africa, South Africa
Shell inks deal to purchase Nigerian solar company Daystar Power
Oil and gas titan Shell Plc (LON: SHEL) has accepted acquire Nigeria-based hybrid solar energy remedies company Daystar Power in a bargain noting its initial power acquisition in Africa.
Sep 29, 2022 // Markets & Finance News, Africa, Nigeria, shell, PV Power Plant, Daystar Power
ABO Wind offers 200MW South Africa solar
Buyer SOLA Group has actually already executed a PPA for the sites with mine driver Tronox
Sep 15, 2022 // Markets & Finance News, Africa, South Africa, ABO Wind, Robert Wagener
Bboxx, Unilever Collaborate to Connect 1 Million People with Clean Energy Products in Kenya
Both Bboxx and Sunlight will certainly contribute their corresponding toughness and sources to step-up clean energy in Kenya. Under the system of points, there will certainly be marketing campaigns as well as mobilization of representatives on the ground for the promotion of clean energy solutions.
Sep 14, 2022 // Markets & Finance News, Kenya, Africa, bboxx, Mansoor Hamayun, Sustainable, Henry Muchauraya, Sunlight, Unilever