Under Construction
LIST OF DEVELOPERS
The oil slump, global recession and uncertainty about the magnitude of the COVID-19 pandemic will fuel the appetite for cheaper fossil fuel energy and delay investments in renewables, affecting the targets of the Paris Agreement on climate change…
Guarantees—in support of the construction, ownership and operation of two solar photovoltaic power plants and two wind power plants in South Africa— have been issued by MIGA, a member of the World Bank Group.
When operational later this year, the…
South Africa will soon start developing a plan for a new 2,500 megawatt (MW) nuclear power plant, the energy ministry told lawmakers on Thursday.
Africa’s most industrialised economy, which operates the continent’s only nuclear power plant near…
Angola’s state oil company Sonangol has opened a public tender to sell its shares in some private firms as part of the government’s plan to privatize key state assets, including parts of Sonangol by 2022.
The public tender involves the sale of…
GridX Africa Development (GridX) has finalised a binding agreement with Ncondezi Energy Limited for the development of US $5.5m renewable energy projects in Mozambique that include a pipeline of solar and battery storage projects, in the Commercial…
DISTRIBUTED Power Africa (DPA) has moved into Zambia to roll out hybrid solar solutions for Commercial and Industrial businesses, on a lease financing basis.
Distributed Power Africa is a subsidiary of the Econet Group of companies, which is a Pan…
African Infrastructure Investment Managers (AIIM) has divested itself of two renewable projects in South Africa. The organization has announced the successful divestment of AIIF2’s 14% stake in Cookhouse, a 139MW wind farm, and 34% stake in REISA, a…
The Ministry of Finance and Economic Planning Monday signed a financing agreement with the World Bank worth $100 million (Rwf93.1 billion) to support Rwanda’s COVID-19 response in energy.
The latest financing signed on Monday is part of the World…
The Multilateral Investment Guarantee Agency (MIGA) has issued guarantees that will support the design, development, construction, operation, and maintenance of Djibouti’s first utility-scale wind project.
The guarantees amount to $91.6 million and…