Accra, June 12, 2017/ — ENGIE and eleQtra, a developer of power and transportation projects in sub-Saharan Africa, signed a Joint Development Agreement that defines the terms and the schedule for the development and construction of the 50 MW Ada Wind power project in the Greater Accra Region.
Category: Solar & Wind
Ghana, Tanzania, Rwanda Win $7million Renewable Energy Challenge
Copenhagen, Denmark, June 10, 2017/ — Access Power, a developer, owner and operator of renewable power projects in emerging markets in partnership with EREN Renewable Energy, a global independent power producer, has announced the three winners of the 2017 US$7 million Access Co-Development Facility (ACF) – an innovative funding and support platform for renewable energy projects in […]
Technology Transforming Energy Landscape in Africa
According to Webb Meko, business development director, sub-Saharan Africa, Black & Veatch, the next generation of energy infrastructure is being spurred by new technology that places energy solutions directly into the hands of consumers and businesses.
Top U.S Firms Urge White House to Stay in the Paris Agreement
Washington, April 27, 2017/ – Major companies across the U.S. economy today urged President Trump to keep the United States in the Paris Agreement on climate change.
Africa CEO Forum: 24 Million Euros Renewable Energy for Africa Unveiled
At the Africa CEO Forum which opened this morning in Geneva, AFD Group – in partnership with the European Union – unveiled the “African Renewable Energy Scale-Up facility”, designed to boost private sector investment in on-grid and off-grid renewable energy production in Africa.
New Investors Join Scatec Solar to Develop 100 MW Solar Project in Nigeria
Scatec Solar has signed a Joint Development Agreement (JDA) with Africa50, an African Infrastructure Fund sponsored by the African Development Bank and more than 20 African States and Norfund (the Norwegian Investment Fund for Development Countries), securing investment into the 100 MW (DC) Nova Scotia Power plant located in Dutse in the Northern Nigerian state of […]
$783 billion Clean Energy Opportunity Exists in Sub-Saharan Africa-IFC Study
A study released today by IFC, a member of the World Bank Group, shows that the historic global agreement on climate change adopted in Paris last year helped open up nearly $23 trillion in opportunities for climate-smart investments in emerging markets between now and 2030.
Jury Selects Winners of Zayed Future Energy Prize 2016
The Jury of the Zayed Future Energy Prize, the UAE’s international awards for renewable energy and sustainability, has selected nine winners across its five categories today.
Mainstream Renewable Power Accesses Africa Clean Energy Equity Fund
Global renewable energy developer Mainstream Renewable Power has signed $117.5m equity investment from investors including IFC, the IFC African, Latin American and Caribbean Fund (ALAC) and the IFC Catalyst Fund, two funds managed by IFC Asset Management Company, Ascension Investment Management and Sanlam to accelerate the build-out of megawatts of wind and solar plants across […]
OPIC, REPP Sign Pact In Support Of Renewable Energy Projects in Africa
The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, and the Renewable Energy Performance Platform (REPP) have announced an agreement to facilitate cooperation on renewable energy projects in Sub-Saharan Africa.