CDC to Invest $50m in 100MW Redstone Solar Plant

The CDC Group is investing $50m in the Redstone Concentrated Solar Plant. The project is expected…

Acwa Power Raises $746m Via Sukuk Bond Issuance

Acwa Power has raised $746 million through a 7-year Sukuk or Islamic bond issuance. The funds…

Acwa Power Raises $500m for its South African CSP Plant

Acwa Power has finished the financing phase of the Redstone concentrated solar power plant (CSP). The…

Renewable Energy Constitutes One-Third of Africa’s Electricity Demand Growth

An analysis of global electricity revealed that wind and solar showed resilient growth in 2020 despite…

AfDB Provides $27 Million Loan for 200 MWp Egyptian Power Plant

The African Development Bank (AfDB) has approved $27.2 million for constructing the Kom Ombo solar project.…

Sterling and Wilson to Construct $127.5m Solar Plant in Egypt

The solar plant is expected to cost $127.5 Million. The plant is being developed by a…

Sunlight Can Produce Energy and Clean Water Simultaneously

The generation of energy for electricity and the provision of clean water are linked in several…

Top Five: Solar Power Plants

By Oghosa Erhahon As the world mitigates global warming by moving towards sustainable energy systems, solar…

ACWA Power Signs Contract for Green Hydrogen Commitment in Oman

Saudia Arabia’s ACWA Power signs a US$7bn contract with Omanoil and Air products to produce green…