Sun Africa to Develop 5 GW of Solar Power in Nigeria
Leading utility-scale solar as well as off-grid supplier Sun Africa has tattooed a $10-billion agreement with the Federal Government of Nigeria to generate clean as well as dependable electrical power through solar power as well as battery power storage growth.
Dec 27, 2022 // Plants, Africa, Nigeria, PV Power Plant, Sun Africa
AMEA Power raises finance for 100MW Tunisian solar farm
African Development Bank approves loans for Kairouan project
Dec 26, 2022 // Plants, Commercial, Markets & Finance News, Tunisia, Africa, amea power, solar farm
World Bank Approves $311 Million for Renewable Energy in West Africa
The $311 million funds will certainly be funded through International Development Association (IDA). The RESPITE project will support the setup of solar as well as battery storage space capacity, near-term O&M contracts for the provision of solar supply, expansion of hydropower generation capacity, grid connection infrastructure and grid modernization and also upgrades.
Dec 23, 2022 // Markets & Finance News, world bank, Africa, chad, Togo, Boutheina Gue, IDA, International Development Association, Liberia, RESPITE, Rhonda Jordan-Antoine, Sierra Leone, WAPP, West Africa Power Pool, West Africa solar power
Shell finishes up deal for Nigerian solar company Daystar Power
Oil and gas giant Shell Plc (LON: SHEL) has actually finished the acquisition of Nigeria-based hybrid solar energy remedies provider Daystar Power after acquiring the needed regulatory clearances.
Dec 20, 2022 // Plants, Africa, Nigeria, shell, Daystar Power
Egypt's New Energy Plans to Increase Renewable Energy Capacity by 55 GW
Egypt will certainly soon become a significant worldwide energy hub, according to the nation's elderly authority in the field. The nation inked countless projects in November that would certainly increase its current solar and wind power generation by over 55 GW.
Dec 16, 2022 // Markets & Finance News, Asia, Africa, Egypt, Mohammed Al-Khayyat
Researchers achieve temperature-dependent phase stable hybrid halide perovskite films by CVD
Scientists from South-Africa's University of the Western Cape, University of Missouri and also Argonne National Laboratory have actually created a new way of boosting the stability and also performance of perovskites.
Dec 15, 2022 // Technology, solar cell, perovskite, Africa, South Africa, Argonne National Laboratory, University of Missouri, University of the Western Cape
AMEA Power successful with 120-MW solar project in S Africa tender
A consortium led by Dubai-based AMEA Power LLC has actually been granted a 120-MW solar project in the 6th round of a tender in South Africa.
Dec 15, 2022 // Plants, Markets & Finance News, tender, Africa, South Africa, amea power, Solar Project
South Africa Secures 975 MW of Solar Energy PPAs in fifth Tender
The PPAs are authorized under the ongoing Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
Dec 13, 2022 // Markets & Finance News, Power Purchase Agreements, PPA, tender, Africa, South Africa, REIPPPP, Conditions Precedent
Germany Offers EUR 112 Mn Euros to Kenya for Renewables, Hydrogen
EUR 51 million will certainly be offered by Germany to Kenya for the development of new power framework and production of hydrogen. EUR 30 million will certainly be used for the training programs.
Dec 13, 2022 // Markets & Finance News, clean energy, Kenya, Africa, green hydrogen, green energy, Africa renewable energy industy, German loan to Kenya
Eni begins work at Tunisian solar farm
The 10MW project is based in Tataouine
Dec 12, 2022 // Plants, Large-Scale, Commercial, Tunisia, Africa, Eni, solar farm
Abu Dhabi Exports Office to Finance Solar Facility in West Africa
Set up by Abu Dhabi Fund for Development for financial objectives, the Abu Dhabi Exports Office (ADEX), will certainly provide loan worth AED92 million ($25 million) to augment the capacity of a solar facility in Togo, West Africa.
Dec 12, 2022 // Markets & Finance News, Africa, Togo, Abu Dhabi Fund for Development, ADEX, EMEA Power, Mohammed bin Zayed Solar Park
IPP Globeleq Signs PPAs for 450 MW Solar Power in South Africa
The close happened for 6 projects under South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). Globeleq, the Africa-focused independent power producer (IPP)-- is majority partner in the Ikamva Consortium, that was awarded preferred bidder by the DMRE.
Dec 9, 2022 // Markets & Finance News, Africa, South Africa, mainstream renewable power, dmre, solar energy projects, Globeleq, Department of Mineral Resources and Energy, REIPPPP, Ikamva Consortium, Renewable Energy Independent Power Producer Procurement Programme
AMEA Power to break ground on 100-MW solar project in Tunisia in H1 2023
Dubai-based AMEA Power LLC will start the building of a 100-MW solar project in Tunisia in the first half of 2023 in the middle of plans for more renewable energy financial investments in the North African nation, the firm's chairman Hussain Al Nowais told Tunis Afrique Presse (TAP).
Dec 8, 2022 // Plants, Large-Scale, Commercial, Tunisia, Africa, amea power, Solar Project
Canadian Solar Bags 256 MW Contracts For South Africa Largest Solar PPAs
Canadian Solar Inc. has introduced that its majority-owned subsidiary CSI Solar Co., Ltd. (" CSI Solar") signed a 256 MW solar module contract with SOLA Group, a Cape Town-based independent power producer. The 256 MWs will supply the first two biggest utility-scale solar energy projects in South Africa, which are based on private power purchase agreements (PPAs).
Dec 6, 2022 // Markets & Finance News, Canadian Solar, PPA, Africa, sola group, South Africa, Shawn Qu, BiHiKu7 modules, CSI Solar co, Dom Wills
Solar capitalist Empower raises USD 74m to proceed with new projects in Africa
Africa-focused solar designer and also influence capitalist Empower New Energy announced today it has actually recently raised USD 74 million (EUR 71.3 m) in equity, which has permitted it to make new financial investments in Morocco as well as Nigeria.
Dec 1, 2022 // Markets & Finance News, Africa, Empower