The Japanese technology giant Softbank Group Corp. has provided $75 million in equity financing to the…
Search Results for: power capacity
Morocco’s Masen Issues List of Prequalified Bidders for Noor Midelt II Solar Power Project
Morocco’s renewable energy development company Masen announced on Monday the list of prequalified companies and consortiums…
Egypt Grants Land to Norway’s Scatec for $5 Billion Wind Power Plant
Egypt’s Ministry of Electricity and Renewable Energy signed a USD 5 billion (EGP 154.5 billion) agreement…
Improving Storage Technologies to Boost Renewable Capacity and Utilization in Nigeria
Nigeria, endowed with abundant renewable energy resources, has the potential to significantly increase its renewable energy…
OPEC Funds New Power Transmission Line in Tanzania
A new US$60 million loan by the OPEC Fund for International Development (the OPEC Fund) and…
OPEC Fund to Support New Power Lines for Clean Power in Tanzania
On Thursday, The OPEC Fund for International Development said it would provide a USD-60-million (EUR 55m)…
Globeleq Starts Work on its First Geothermal Power Plant in Menengai
At the Menengai location, geothermal resource extraction is well under way. In western Kenya’s Nakuru County,…
US Exim Bank Releases a Record $900m for Two Solar Power Plants in Angola
Washington encourages Angola to strengthen its renewable energy sector. The Angolan Ministry of Energy and Water…
Globeleq Commences Work on Geothermal Power Plant in Menengai
The exploitation of geothermal resources at the Menengai site has commenced. The British Independent Power Producer…
ABB powers up one of the world’s biggest battery energy storage systems
As the Philippines make the switch to more renewable energy sources, the country is stabilizing grid…