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A 6 megawatt-peak (MWp) solar photovoltaic (PV) plant developed in Sharm El-Sheikh is now fully operational – ready to provide clean, renewable energy to COP27, the United Nations climate change conference taking place in the Egyptian city.  The…
  In a recent report, the UN Environment Programme (UNEP) has said that inadequate progress on climate action makes rapid transformation of societies the only option. As intensifying climate impacts across the globe hammer home the message that…
To achieve its energy and climate goals, Africa needs $190 billion of investment a year, with two-thirds of this going to clean energy. A study by an African bank paints a mixed picture of the continent's energy situation -- one of scarcity and…
A consortium of independent power producer (IPP) Engie, Orascom Construction, Toyota Tsusho Corporation and Eurus Energy is laying the foundation stone for a 500 MW wind farm in the Gulf of Suez in Egypt. The project is being implemented under a…
  SolarAfrica’s solar development positions the business as a competitive player in the energy-wheeling space. This is the first step toward unleashing the merchant market, where demand is met through dynamic trade. Enpower Trading, an energy…
A solar energy company spearheading a solar-plus-storage project in Egypt has secured $2.4 million in financing for the project. KarmSolar secured the $2.4 million from Qatar National Bank ALAHLI, while Ezdaher Financial Advisory assisted with the…
The investment company Acre Impact Capital is launching a $200 million investment fund dedicated to Africa. This mechanism supported by the European Investment Bank (EIB) will contribute to climate financing. The European Investment Bank (EIB) says…
Construction on the Ethio-Djibouti 2nd Circuit High Power Transmission Line and Distribution Station Project was recently launched by Ethiopia and Djibouti. Along with strengthening the electrical and transportation links between the two neighboring…
Mozambique intends to become a power generation hub. US$5 billion for the implementation of the Mphanda Nkuwa hydroelectric project. The director of Market Operations at Mozambique’s utility company Electricidade de Mocambique (EDM), Luis Ganje,…