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Africa

18 December 2013

EIB to loan Prysmian €100m for research and development

The European Investment Bank will loan energy and telecom cables and systems industry company Prysmian €100m for the 2013 to 2016 period.

18 December 2013

AfDB provides $26m grant to expand electricity distribution networks in Sudan

The African Development Bank is providing a $26m grant to rehabilitate and expand electricity distribution networks in South Sudan, where only one per cent of the population has access to grid electricity.

16 December 2013

Yingli’s consortium wins 233MW solar development in Africa

A consortium including Yingli Solar subsidiary Yingli Energy, Sinohydro Corporate, and Hydrochina Corporation, has won a supply agreement for 233MW of solar capacity in Algeria, Africa.

11 December 2013

South Africa’s energy systems supplier One Energy raises $197,575p

South Africa-based heat pump, solar geyser, PV systems, and low energy lighting supplier One Energy has raised $197,575 from a group of three undisclosed investors.

27 November 2013

UN Foundation launches investment opportunity directoryp

The UN Foundation has launched the Energy Access Practitioner Network's Directory, which provides opportunities to invest in over 140 companies and organisations offering decentralised energy solutions in developing countries.

27 November 2013

African Development Bank provides $113m to Regional Rusumo Falls Hydropower

The African Development Bank Group is to provide $113m in financing to the 80MW Regional Rusumo Falls Hydropower project on the border between Rwanda and Tanzania.

27 November 2013

Morocco’s solar agency issues 300MW of proposal requestsp

The Moroccan Agency for Solar Energy (Masen) has issued requests for proposals of 300MW solar thermal generation for projects it is sponsoring.

26 November 2013

KfW leads financing for Ugandan renewable energy projects

German development bank KfW has led development finance arrangements for eight renewable energy projects in Uganda, under the Global Energy Transfer Feed-in Tariffs programme

25 November 2013

US companies win contract for 300MW solar projects in Ethiopia

africaglobe_l Global Trade and Development Consulting and Energy Ventures have been awarded the contract by the Ethiopian Ministry of Water and Energy and the Ethiopian Electric Power Corporation to build, operate, and transfer three 100MW solar sites, in the eastern region of Ethiopia.

25 November 2013

Development bank provides $40m loan facility for Nigerian energy SMEsp

An international development bank is to provide $40m in financing to emerging renewable energy companies in Nigeria.

20 November 2013

African Development Bank provides financing for Congo’s Inga hydro plant

The African Development Bank has approved $68m in financing for the Inga hydro facility on the banks of the Congo River.

18 November 2013

Endeavor enters into joint development agreement with Joule Africa for $700m hydro

Endeavor Energy has entered into a joint development agreement with Joule Africa to co-develop a $700m hydroelectric power generation project in Sierra Leone.

7 November 2013

African water treatment facility doubles as biofuel generator, granted €1m

The African Water Facility has signed a €1m grant for the Ghanaian NGO Training, Research and Networking for Development in support of a sanitation scheme which turns waste into bio-fertilizer and energy whilst also acting as a water treatment system.

7 November 2013

PE investor Actis in $220m Cameroonian energy buyout

Global private equity investor Actis is to buy into the Cameroonian energy market in an acquisition that sees it acquire three power production assets for $220m.

6 November 2013

China Longyuan Power Group wins 244MW South Africa wind bidp

China's largest wind farm operations China Longyuan Power Group has won a bid to develop 244MW of wind power generation in South Africa in the third round of renewable energy bidding initiated by the Ministry of Energy of South Africa.

5 November 2013

South Africa to purchase 1,456MW in PPAs from independent developers

South Africa is planning to purchase 1,456MW in power purchase agreements from independent cleantech developers in order to boost the country's clean energy power supply and reduce reliance on coal-fired power plants.

24 October 2013

Reykjavik Geothermal signs deal for 1GW with Ethiopia

Reykjavik Geothermal has signed a deal with Ethiopia that will see the Iceland-based company build the 1GW Corbetti geothermal complex.

17 October 2013

Eskom loaned €100m for French solar farms

Areva_CSP_170SQ Eskom Holdings looks likely to receive a €100m loan from the French government in order to fund the development of solar farms in South Africa.

16 October 2013

Hydropower sees revival as global potential remains untapped

Hydropower has seen a revival in the amount of energy generation capacity installed over the past few years as projects seek to exploit yet-unused hydropower generation potential throughout the world.

14 October 2013

Ethiopia plans $4bn geothermal plant, Africa’s largest

Ethiopia is planning to build a $4bn geothermal plant which is set to be Africa's largest, at a generation capacity of 1GW.

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