China’s state planner is set to refine the pricing mechanisms for services essential to stabilising power…
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UK Backs $239M AfDB Loans for Climate Finance Program
The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…
PFO Africa Secures 52MW Solar Power Plant in Ivory Coast
Abidjan-based PFO Africa is expanding into energy with a new concession agreement with the Ivorian government.…
Senelec Signed €200m Contract to Construct 1350km Transmission Lines
The national electricity company of Senegal (Senelec) has signed a €200 million ($217,570,000) contract with a…
Renewable Energy: Urgent Action Necessary for 2030 Targets
The International Energy Agency (IEA) reported a 50 per cent increase in new renewable energy capacity…
Kumasi’s 4.3MW Solar Plant Powers Green Steel in Ghana
Kumasi’s largest rooftop solar power plant, with a 4.3 MW capacity, is now operational. It supplies…
IFC Invests $80m in African Renewable Energy Boost
The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…
Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa
Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…
Germany Approves 1.2GW Offshore Gird Connection Projects
German maritime authority, Bundesamt für Seeschifffahrt und Hydrographie (BSH), has approved two offshore grid connection projects…
Germany’s Renewable Energy Surge: 55% in 2023
Germany’s energy regulator reported that renewable energy accounted for 55% of electricity on national networks in…