Go back to HOME page

Africa

Eltek Valere signs $12m hybrid power solution agreement with international mobile operator

Global energy efficiency company Eltek Valere has signed a $12m frame agreement with an international mobile operator for deliveries of hybrid power solutions, under which Eltek will provide turnkey upgrades to power solutions on at least 460 existing sites.

Read More | Comments (0) | Africa, Europe, deals, energy efficiency

Carmanah and ADB expand solar LED partnership

Canadian solar LED developer Carmanah Technologies Corporation and airfield technology company ADB Airfield Solutions are to expand a partnership agreement to include Europe, South America, the Middle East, Africa and Asia Pacific, focused on solar-powered LED airfield lights manufactured by Carmanah.

Read More | Comments (0) | Africa, Asia, Latin America, Middle East, North America, companies, solar

United Nations selects advisory group to mobilise climate change funds

The United Nations has selected members for a new international advisory group focused on climate change financing that will work towards mobilising funds discussed at the UN Climate Change Conference in Copenhagen last December.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, energy efficiency, policy

Standard & Poor’s to collaborate with Point Carbon for carbon offset risk tool

Credit ratings and index firm Standard & Poor’s (S&P) is to launch a risk assessment tool for carbon projects after signing an agreement with data analytics firm, Point Carbon.

Read More | Comments (0) | Africa, Asia, Europe, Latin America, North America, companies, energy storage

Nigeria’s Ekiti state inaugurates construction of cassava-biofuel plant

The Nigerian state of Ekiti has launched the construction of a third biofuel refinery, at Ipao-Ekiti in the Ikole local government area, according to reports.

Read More | Comments (0) | Africa, biomass/biofuel, companies

UN schedules extra meeting to revive climate change talks

The United Nations will host an extra round of climate change takes in Bonn, Germany, this April in an effort to revive climate change talks.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, energy efficiency, policy

Founders Club looks to recruit cleantech chairman ahead of portfolio launch

The Founders Club, a group of venture capital-backed CEOs and founders, is looking to recruit a cleantech chairman ahead of launching a dedicated portfolio, founder and general partner Andrew Romans told NewNet.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, energy efficiency, funds

Japan loans Kenya $375m for geothermal power plant

Japan has announced plans to provide Kenya with JPY29.5bn ($375m) in yen-denominated loans to build a geothermal power plant, according to reports.

Read More | Comments (0) | Africa, Asia, deals, geothermal

UN climate change head Yvo de Boer to join KPMG

United Nations Framework Convention on Climate Change (UNFCCC) executive secretary Yvo de Boer will resign and join KPMG as climate change adviser in an effort to reach out to the business community after politicians failed to agree on binding measures at the Copenhagen summit.

Read More | Comments (2) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, companies, energy efficiency

Ormat Technologies agrees to increase capacity of Kenyan Olkaria III geothermal plant

NYSE-listed geothermal developer Ormat Technologies’ project subsidiary has signed a letter of intent with Kenya Power & Lighting (KPLC) for further expansion of its Olkaria III power plant by up to 52MW, from 48MW to up to 100MW, within the framework of the existing power purchase agreement.

Read More | Comments (2) | Africa, companies, geothermal

eSolar looks East in Ferrostaal partnership to provide turnkey solar thermal plants

Californian solar power provider eSolar has signed a deal with Ferrostaal to provide solar power plants in countries around the world including Spain, United Arab Emirates and South Africa.

Read More | Comments (0) | Africa, Middle East, North America, companies, solar

R&D firm 3M partners with new green technology innovator MAMA Sustainable Incubation

Technology innovation firm 3M has entered into a strategic relationship with MAMA Sustainable Incubation, a newly formed technology incubator based in Germany that specialises in developing solutions for the renewable energy markets. Financial terms of the transaction were not disclosed.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, companies, energy efficiency

Global climate change financing group launched

UK Prime Minister Gordon Brown, alongside UN Secretary General Ban Ki-moon and Prime Minister Meles Zenawi of Ethiopia have launched the High Level Advisory Group on Climate Change Financing.

Read More | Comments (1) | Africa, Asia, Europe, North America, policy

Non-profit organisation GVEP proposes innovative energy investments in Africa

Large investments need to be made to get developing countries’ energy systems on a different track than the one the industrialised countries have followed if the problem of climate change is to be tackled, according to non-profit global energy services organisation Global Village Energy Partnership.

Read More | Comments (0) | Africa, biomass/biofuel, policy

RES enters South African wind market

RES Power has acquired a portfolio of early stage wind power projects in South Africa, with an estimated installed capacity of close to 300MW. The projects will be developed by a newly-formed fully-owned subsidiary of the RES Group, RES Southern Africa.

Read More | Comments (0) | Africa, companies, wind

First African carbon credit scheme launched since Copenhagen

South African banking group, Old Mutual Group subsidiary Nedbank, and international non-governmental organisation Wildlife Works Incorporated, are to sign a multi-million pound agreement to launch the first African carbon credit scheme, according to the bank.

Read More | Comments (0) | Africa, companies, energy efficiency

Green packaging producer Biopack announces first South African order

Hong Kong green packaging products manufacturer Biopack Environmental Solutions has shipped its first order to South Africa. The order, focusing on the company’s biodegradable fruit trays, represents the 15th market to order Biopack’s products.

Read More | Comments (0) | Africa, biomass/biofuel, deals

Solarfun appoints Andreas Liebheit as vice president and managing director, EMEA

Solarfun Power Holdings, a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, has appointed Andreas Liebheit as vice president and managing director of Solarfun, Europe, Middle East and Africa (EMEA).

Read More | Comments (0) | Africa, Asia, Europe, Middle East, companies, solar

World Bank Clean Technology Fund to drive $5.6bn into solar development

The World Bank Clean Technology Fund has approved financing of $750m, which together with $4.85bn from other sources, will be used to accelerate the global deployment of concentrated solar power (CSP).

Read More | Comments (0) | Africa, Middle East, deals, solar

Citadel Capital acquires two Egyptian solid waste management businesses

Egyptian private equity firm Citadel Capital has acquired a controlling stake in two solid waste management businesses - The Egyptian Company for Solid Waste Recycling (ECARU) and the Engineering Tasks Group (ENTAG). Citadel has not disclosed the size of the deal.

Read More | Comments (0) | Africa, biomass/biofuel, deals

Sonelgaz brings ray of light to Algerian energy market

Energy company Sonelgaz, which is controlled by the Algerian government, has instructed its engineering arm, Sonelgaz socéiété of Engineering (CEEG), to instigate the construction of a photovoltaic module manufacturing plant in the industrial area of Rouiba, through a mandate with Rouiba Lighting company.

Read More | Comments (0) | Africa, deals, solar

Wasteman Holdings acquires Spill Response Team

South African waste management service Wasteman Holdings, a portfolio company of asset management firm Marlow Capital, has acquired hazardous cleaning services company Spill Response Team.

Read More | Comments (0) | Africa, deals, energy efficiency

Heads of developing countries urge heads of state to attend Copenhagen climate talks

Heads of state, ministers and representatives of governments in Africa, Asia, the Caribbean and Pacific, have urged heads of state and government to intensify efforts and attend the Copenhagen climate change negotiations in December.

Read More | Comments (0) | Africa, Europe, Middle East, North America, energy efficiency, policy

eSolar and Clean Energy Solutions expand solar activities in Africa

California-headquartered solar power provider eSolar has partnered with Johannesburg-based Clean Energy Solutions (CES) to open eSolarSA to expand sales operations across Sub-Saharan Africa.

Read More | Comments (3) | Africa, deals, solar

Sub-Saharan African biofuels market should experience growth in next five years says report

The Sub-Saharan African biofuels market should experience rapid growth in the next five years, according to a report by growth partnership service Frost & Sullivan.

Read More | Comments (0) | Africa, biomass/biofuel, companies, knowledge, policy

Industrial biotechnology can slash carbon emissions by 2.5 billion tonnes a year

Industrial biotechnology can slash greenhouse gas emissions by 2.5 billion tonnes per year and play a key role in building a green economy, according to a new report by WWF.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, energy efficiency, knowledge, policy

Investors call on policy-makers to encourage low-carbon investment

The world’s largest global investors grouped together to call upon international policy makers to take strong action in the fight against global warming.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, energy efficiency, policy

Lord Stern report argues economic recovery unleashes opportunity for low carbon growth

Countries that are able to adapt quickly to a carbon-restrained world will offer lasting prosperity for their citizens, a new report states.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, energy efficiency, policy

World Bank Group’s renewable energy and energy efficiency financing hits $3.3bn

The World Bank Group saw its financing of renewable energy and energy efficiency projects and programmes across the developing world rise by 24 per cent in the last fiscal year to hit $3.3bn, the banks highest ever.

Read More | Comments (1) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, biomass/biofuel, deals, energy efficiency, knowledge, wind

African Union Commission demands compensation for damage caused by climate change

The African Union Commission played host to a meeting of the Representatives of the Conference of African Heads of State and Government on Climate Change, to see what Africa was doing to combat climate change.

Read More | Comments (2) | Africa, energy efficiency, policy

G8 leaders agree to slash greenhouse gas emissions by 2050

The leaders of the world’s countries with the largest economies, including the United States and the European Union, have set a target to slash global greenhouse gas emissions by 2050, with the intent to hold global warming at less than 2 degrees Celsius above pre-industrial levels.

Read More | Comments (1) | Africa, Asia, Australasia, Europe, Latin America, North America, energy efficiency, policy

Al Gore welcomes initiative to roll out solar power globally

The DESERTEC Initiative will overcome hurdles in the rollout of solar power worldwide, according to former Vice President Al Gore.

Read More | Comments (0) | Africa, Europe, North America, companies, solar

Carmanah Technologies to supply North African telecommunications project with solar power

Carmanah Technologies Corporation has received a follow-up order from France-based telecom provider TWIST to supply solar power systems to its telecommunications project in North Africa in a contract valued at CAD$2.3m.

Read More | Comments (1) | Africa, companies, solar

German companies propose €400bn African solar project

A group of 20 companies including Munich Re, Deutsche Bank, Siemens and RWE a planning a €400bn solar energy project in Africa, called Desertec, according to reports.

Read More | Comments (1) | Africa, Europe, companies, solar

Global wind power generating capacity to surpass 318GW by 2013

The emission-neutral energy provided by wind power represents a unique opportunity to help the world end its reliance on expensive, polluting fossil fuels, and to spur the economy by creating millions of green collar jobs, according to a new market study by NextGen Research.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, companies, knowledge, wind

Despite the economic downturn, the market for green building materials will grow to $571bn by 2013, according to report

The global green building materials market continues to grow, despite the global economic downturn. The worldwide green building materials market was valued at $455.3bn in 2008, and NextGen Research, in its new report forecasts the market will grow at a CAGR of nearly five per cent to reach $571bn by 2013.

Read More | Comments (3) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, companies, energy efficiency

Investment in renewables overtakes fossil fuels as $155bn put into clean energy in 2008, according to UN report

In 2008, $155bn was invested in clean energy companies and projects worldwide, not including large hydro, according to a new report from the UN.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, biomass/biofuel, companies, deals, energy efficiency, geothermal, knowledge, solar, water, wind

IFC investment to help increase power supply in the Middle East and North Africa

IFC, a member of the World Bank Group, is investing up to $50m in Creative Energy Resources, which will make investments in the Middle East, North Africa, and South Asia to address the growing demand for electricity and improve energy reliability.

Read More | Comments (1) | Africa, Asia, Middle East, deals, energy efficiency, energy storage, funds

African Development Bank Group makes $12.4m investment in South African cleantech fund

The African Development Bank Group has made a ZAR100m ($12.4m) equity investment in Evolution One Fund, a private equity fund focused on the deployment of clean energy across southern Africa as a means to tackle climate change.

Read More | Comments (0) | Africa, energy efficiency, funds, water

Kofi Annan introduces new report addressing human impact of climate change

Kofi Annan, president of the Global Humanitarian Forum, has unveiled a new report looking at the human impact of climate change.

Read More | Comments (1) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, energy efficiency, policy

Jatropha-based biofuels may be hindering food growth in Africa according to Friends of the Earth

Jatropha-derived biofuels may be competing with food production for land and water, according to a new report by Friends of the Earth.

Read More | Comments (4) | Africa, biomass/biofuel, companies

Investment in Concentrated Solar Power to exceed €2bn this year, according to report

Investment in Concentrated Solar Power (CSP) this year will exceed €2bn ($2.58bn) and could be worth €20.8bn ($26.8bn). according to the latest report from Greenpeace, Global Concentrating Solar Power Outlook 2009, published jointly with the European Solar Thermal Electricity Association and the International Energy Agency’s SolarPACES. The report outlines how CSP can meet up to seven per cent of the world’s projected power needs in 2030 and a full quarter by 2050.

Read More | Comments (0) | Africa, Asia, Middle East, North America, companies, features, policy, solar

Global wind power installations up 29 per cent in 2008

Global wind capacity increased an estimated 27,051MW in 2008, with cumulative installations up almost 29 per cent, according to the Worldwatch Institute. The US led in new installations, surpassing Germany to rank first in wind energy cumulative capacity and electricity generation.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, companies, wind

UK Secretary for Energy and Climate Change Ed Miliband supports Major Economies Forum to tackle climate change

UK Secretary for Energy and Climate Change Ed Miliband has expressed support for the Major Economies Forum set to take place in July 2009.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, North America, energy efficiency, policy

Mikhail Gorbachev urges world leaders to invest in solar energy

The founder of environmental organisation Green Cross International, Mikhail Gorbachev, has urged world leaders and the private sector to make significant investments in solar energy as a means to tackle climate change.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, companies, policy, solar

South African private equity firm Marlow Capital leads acquisition of waste management company Wasteman Group

Marlow Capital, a South Africa-based private equity firm, has led a consortium to acquire waste management group Wasteman Group from a group of shareholders including Suez Environnement for an undisclosed sum.

Read More | Comments (0) | Africa, deals, energy efficiency

Energy efficient data centre company Teraco Data Environmental raises $4.8m in Series A funding round

Teraco Data Environmental, a South African vendor co-location facility provider, has closed a Series A financing round on ZAR47.5m ($4.8M). Both new and existing investors participated.

Read More | Comments (0) | Africa, energy efficiency, funds

Global solar photovoltaic market installations soar by 110 per cent in 2008

The global solar photovoltaic market installations hit unprecedented highs of 5.95GW in 2008, marking an increase of 110 per cent over the previous year, according to a report by Solarbuzz.

Read More | Comments (0) | Africa, Asia, Australasia, Europe, Latin America, Middle East, North America, companies, solar

Ormat Technologies closes $105m financing for the Olkaria III geothermal power project in Kenya

Geothermal and renewable energy business Ormat Technologies, Inc., through its wholly-owned subsidiary, Orpower 4, Inc., has closed its previously announced loan documents for up to $105m project financing to refinance the company’s investment in the Olkaria III geothermal project. The 48MW power plant is located in Naivasha, Kenya.

Read More | Comments (0) | Africa, companies, deals, geothermal

Israeli biodiesel company Galten eyeing up $10m IPO

Israeli biodiesel company Galten is eyeing up a potential $10m IPO on the Tel Aviv Stock Exchange, according to reports.

Read More | Comments (0) | Africa, Middle East, biomass/biofuel, companies