The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…
Category: Renewable Energy
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
ATIDI to Support 20MW Solar Project in Uganda
African Trade & Investment Development Insurance (ATIDI) announced its plans to support the 20 megawatts Ituka…
Petrobras Shifts Focus to Local Greenfield Projects
Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…
Nigeria, Saudi Arabia to Develop Solid Minerals Sector
Nigeria and Saudi Arabia have resolved to strengthen collaboration between both countries to enhance the development…
Egypt, ACWA Power Sign $1.5bn Wind Energy Agreement
Egyptian cabinet has stated that the country has signed an agreement for a 1.1 gigawatt wind…
Scatec Projects Rise in South Africa’s Solar PV Capacity this Year
Scatec, a renewable energy firm, says solar photovoltaic (PV) capacity will grow significantly in South Africa this year. The…
Correlate Energy Commissions Another Solar Project
Correlate Energy, a distributed energy solutions company, has announced the successful commissioning of another solar project…
Madagascar Hybridises Oil Power Plants with Solar PV, Plans 2nd Phase
Madagascar hybridises three large-scale heavy-fuel oil power plants with solar photovoltaic (PV) and plans to commence…
Kenya Joins Consortium to Develop BESS
Kenya has joined the nine African countries to form a consortium leading the world to develop…