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Africa

23 November 2012

Sustainable biofuel model created in Ethiopiap

A heavy reliance on imported transport fuels and large areas of marginal land make Ethiopia the ideal target for a domestic biofuels sector.

22 November 2012

Algeria aims to stimulate domestic green power industry with ambitious targetsp

alge Algeria is now actively marketing its ambitious renewable energy plans as it aims to become a hub for green power production and attract international investment.

21 November 2012

Mainstream’s order to Siemens is ‘just the beginning’ of South African activitiesp

south-africa_180512_170 Mainstream Renewable Power’s solar partnership with Siemens marks the beginning of future development projects in South Africa for the company, it told NewNet.

21 November 2012

Siemens wins contract to build 2 PV plants in South Africa

Siemens received an order for the construction of two photovoltaic (PV) plants in South Africa from a consortium including Mainstream Renewable Power and its investment partner Globeleq.

20 November 2012

European banks commit €345m for Moroccan CSP plant

parabolic_trough2_170SQ A €300m financial commitment has been signed by the European Investment Bank (EIB), KfW Entwicklungsbank and Masen, to support development of the Quarzazate solar complex in Morocco.

20 November 2012

Abengoa seeks cash for first West African desalination plantp

Spanish desalination group Abengoa will develop West Africa’s first desalination facility, with the hope it will benefit 500,000 people in Ghana.

20 November 2012

South African renewables developer BioTherm closes project financing

Independent power producer BioTherm Energy has closed on the financing of one wind and two solar photovoltaic projects in South Africa.

19 November 2012

VayuGrid to create Ethiopian biofuel cluster

ethiopia_170SQ India-based bioenergy supply company VayuGrid has signed a memorandum of understanding to develop a biofuel cluster in Ethiopia.

16 November 2012

Kenya Electricity Generating steps back from hydro, expands geothermal production

East African power producer Kenya Electricity Generating is taking a step away from hydropower, reducing its share in the technology to a total output of less than half within two years as geothermal production increases.

15 November 2012

Ingenious gets fundraising underway for Africa solar fundp

Eight19_Install_170SQ UK-based investor Ingenious Media told NewNet it is now actively fundraising for its social impact fund which will look to bring off-grid solar solutions to Africa.

15 November 2012

Camco Clean Energy joins with MW1 for South African renewable JV

Camco Clean Energy has partnered with South African group MW1 in a joint venture to develop renewable energy projects in the country.

15 November 2012

juwi uses renewables to bring water to Egyptian desert

juwi_Egypt_170SQ German cleantech company juwi has installed an off-grid renewable energy project to power water pumps in an isolated region of Egypt.

15 November 2012

Vestas wins 67MW South African turbine order

Danish wind energy company Vestas has won a 67MW turbine order from South Africa’s Umoya Energy.

14 November 2012

Ghana to establish renewable energy fundp

The Ghanaian government is expected to set up a dedicated renewable energy fund to support public and private sector investment.

14 November 2012

SolarReserve-led consortium secures financing for 2 South Africa projects

A consortium consisting of SolarReserve, Kensani Group and Intikon Energy has successfully closed financing for two 75MW solar power projects in South Africa.

14 November 2012

Bosch becomes latest to pull out of Desertec

desertec2_170_170 Electronics part supplier Bosch has become the latest to exit the Desertec project, following Siemens departure last month, blaming fundamental economics.

13 November 2012

African Development Bank gives $157m of loans for Moroccan water improvements

Popular tourist destination Marrakech, Morocco, has won $157m of loans from the Africa Development Bank (AfDB) to go towards the region’s water and sanitation improvements.

12 November 2012

Mainstream to develop €500m wind and solar projects in South Africa

Ireland’s Mainstream Renewable Power has signed key financing, power purchase and implementation agreements with the South African government for the development of wind and solar projects.

9 November 2012

Gestamp Solar gets €80m for 2 PV projects in South Africa

Photovoltaic (PV) group Gestamp Solar has secured €80m ($102m) after signing an agreement with two local financing firms Nedbank and IDC for two PV projects in South Africa.

9 November 2012

Kentz wins $45m EPC solar contract in South Africa

UK engineering group Kentz has won a $45m engineering, procurement and construction (EPC) to build a 75MW photovoltaic plant in South Africa.

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