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RMB estimates R500 billion and more for renewables investment. The cost of the energy shift might reach R1.2 trillion. According to estimates by Pranisha Sahadeo, senior transactor for Infrastructure Sector Solutions at Rand Merchant Bank (RMB),…
Masdar announced an agreement with TANESCO to develop renewable energy projects with a total capacity of up to 2GW. Abdulla Zayed, Head of Business Development and Investment at Masdar and Maharage Chande, Managing Director of TANESCO, signed the…
Stakeholders in the renewable energy sector of the Gambia and Cote d'Ivoire took part in the official launch of activities of the Regional Off-Grid Electricity Access Project (ROGEAP). The events took place in Banjul, the Gambia and Abidjan, Cote d'…
FC, the private sector financing arm of the World Bank Group, lends €16.2 million to Zener in Togo. The company distributes clean cooking kits based on LPG. The International Finance Corporation has approved €16.2 million to assist in providing…
Through its Climate Aggregation Platform (CAP), the United Nations Development Programme (UNDP) is launching an innovation course in off-grid solar financing. The initiative aims to accelerate access to electricity in East Africa. The CAP Financial…
UAE-based independent power producer (IPP) Amea Power and its partner GreenPower Morocco (GPM) are launching the construction of a 34 MWp solar photovoltaic plant in the Tangier-Tetouan-Al Hoceima region. The plant will power the local water utility…
South Africa plans to transition into a renewable energy future. IPPs issue request to procure 513 MW battery storage. The Independent Power Producer (IPP) office is set to put forward a request for a proposal to procure 513 MW of battery storage.…
BOAD inaugurates the PPIPS program to increase electricity access via solar energy. The program will be carried out in six African countries. The West African Development Bank (BOAD) has announced the launch of the Promotion of Private Investment…
The state-owned company Kenya Power has announced the installation of charging stations throughout the country. The operation will start in the capital Nairobi and Nakuru County where people are exposed to air pollution. In Kenya, the electricity…