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Burkina Faso welcomes bids for building and construction of four PV solar power plants
The federal government of Burkina Faso through the national power utility Sonabel, officially Societe Nationale d'electricite du Burkina Faso, has actually released a Notice of Invitation to Tender (AOO) requiring bids for the engineering, purchase, and also building and construction of four photovoltaic or pv solar power plants with a total capacity of 9 MWp in three different areas in the West African country.
Sep 4, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, pv power plants, Urbasolar, Africa, Burkina Faso, Sonabel, African Development Bank (AfDB), government of Burkina Faso, Societe Nationale d’electricite du Burkina Faso, Yeleen Rural Electrification Project
EGE Haina reduces ribbon on 120-MW solar farm in Dominican Republic
Dominican power producer Empresa Generadora de Electricidad Haina SA (EGE Haina) on Friday inaugurated its 120-MW Girasol solar farm in the home nation.
Jun 15, 2021 // Plants, Dominican Republic, North America, PV Power Plant, EGE Haina
Industrial park gets concession for 50-MW rooftop PV in Dominican Republic
The Dominican Republic's national energy commission CNE stated on Thursday it had actually granted the definitive concession for a 50-MW/60-MWp roof solar photovoltaic (PV) project in the country.
Nov 14, 2022 // Rooftop PV, Dominican Republic, North America
EGE Haina obtains concession for 90-MWp solar project in Dominican Republic
Dominican power producer Empresa Generadora de Electricidad Haina SA (EGE Haina) has actually signed the clear-cut giving in agreement with the local nationwide power commission CNE for the 90-MWp Esperanza solar project.
Dec 15, 2022 // Plants, Large-Scale, Commercial, Dominican Republic, North America, Solar Project, EGE Haina
Czech utility CEZ to acquire Belectric from RWE
German energy business RWE is marketing solar EPC and also O&M service provider Belectric to Czech utility CEZ, Germany's government competitors authority has revealed.
Nov 22, 2021 // Markets & Finance News, EPC, Germany, Europe, rwe, Belectric, rwe renewables, Czech Republic, Bulgaria, cez
Monte Plata Solar: Caribbean-Based MPC Reaches Fin Close
MPC Caribbean Clean Energy Fund secures financing for phase II of its Monte Plata solar farm in the Dominican Republic. Expansion to 75.6 MWp capacity with PPA monetisation expected to be operational in 2024. German asset and investment manager MPC Capital AG leads the project.
Dec 27, 2023 // Plants, Large-Scale, Commercial, PV Power Plant, MPC Caribbean Clean Energy Fund
Seeking greater electrification in Sub-Saharan Africa: 'The future of energy may be built there'
The drive to electrify Sub-Saharan Africa will certainly need US$ 350 billion of financial investment and also might expose an alternative vision for the energy transition that concentrates on a decentralised, bottom-up solar-and-storage abundant grid that benefits from affordable solar power, according to research study company Wood Mackenzie.
Mar 21, 2022 // Residential, Markets & Finance News, Wood Mackenzie, utilities, woodmac, energy transition, SUB-SAHARAN AFRICA, distributed generation
World Bank Approves $311 Million for Renewable Energy in West Africa
The $311 million funds will certainly be funded through International Development Association (IDA).
The RESPITE project will support the setup of solar as well as battery storage space capacity, near-term O&M contracts for the provision of solar supply, expansion of hydropower generation capacity, grid connection infrastructure and grid modernization and also upgrades.
Dec 23, 2022 // Markets & Finance News, world bank, Africa, chad, Togo, Boutheina Gue, IDA, International Development Association, Liberia, RESPITE, Rhonda Jordan-Antoine, Sierra Leone, WAPP, West Africa Power Pool, West Africa solar power
Berkeley Energy elevates EUR130 million for second African Energy Fund
Renewables programmer Berkeley Energy has actually elevated EUR130 million (US$ 157.5 million) in the first close of the Africa Renewable Energy Fund II (AREF II).
Jun 17, 2021 // Markets & Finance News, Africa, Berkeley, AREF, AREF II
Cox Energy Acquires Majority Stake in South African CSP Plant
Cox Energy SAB de CV to acquire majority stake in Khi Solar One, Africa's first CSP tower plant, boosting output by 30% with upgrade program.
Jul 17, 2024 // Plants, Large-Scale, Commercial, Africa, cox energy
CrossBoundary raises $200m debt to scale African renewable energy services
CrossBoundary Energy secured $200 million in senior debt to expand energy-as-a-service solar and storage across African mining, industrial and telecoms customers.
Nov 20, 2025 // Markets & Finance News, solar-plus-storage, Africa, project finance, energy-as-a-service, industrial power
Ethiopia aims to set up formula for the calculation of mini-grid tariffs
Ethiopia is currently trying to set up a methodology for the calculation of electricity tariffs for mini-grid systems. Should the government’s work come to fruition, it can provide much-needed certainty to mini-grid investors.
Aug 12, 2019 // Grids, Tariffs, mini-grid systems, Ethiopia, Africa, Hizkyas Dufera, Scaling Solar
ADB approves loan for Eritrean solar-storage project
$ 50m finance package will certainly enable construction of clean power facility 40km eastern of the capital Asmara
Apr 7, 2023 // Markets & Finance News, Storage, ADB, Africa, Eritrea
South Africa Releases Its Largest Renewable Energy Tender of 3,740 MW Capacity
The tender has actually been presented for take the pressure off the nation power grid run by Eskom. Presently, Africa is mired in the dire challenge of electrcity and water supply. Power outages have actually become a common phenomenon right here.
Apr 28, 2023 // Markets & Finance News, tender, Africa, eskom
Kenya: Offering Green Solutions at COP28, Not Aid
African President William Ruto is pushing for African nations to use sun, wind, and green mineral sources to combat global warming. He urges reform to fund climate efforts & low-carbon development. Other African nations struggle with fossil fuel dependence, looking for climate friendly industrialization supported by Europe & the rest of the world. Africa hopes to decarbonize the global economy.
Sep 6, 2023 // Markets & Finance News, Kenya, Africa, William Ruto












