Alternative Energy

Actis acquires 88% of 100MW Kipeto wind power project in Kenya

Dec 18, 2018

Emerging Market Investor Actis has acquired 88 percent of Kipeto energy making it the largest shareholder of the 100MW wind power project. Actis acquired equity interest of International Finance Corporation (IFC) and African Infrastructure Investment Managers (AIIM). The project is now funded by equity from Actis (88 percent) and Kenyan company Craftskills Wind Energy International…

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GE connects financing and turbine technology to Kipeto wind project in Kenya

Dec 18, 2018

GE’s flagship onshore wind project in Sub-Sahara Africa— 60 1.7-103 units; GE EFS (www.GEEnergyFinancialServices.com) and Renewable Energy partner to deliver 100MW wind power project in Kenya; Kipeto will produce enough electricity to power the equivalent of 40,000 homes GE Renewable Energy (www.GE.com/RenewableEnergy) and GE Energy Financial Services (“GE EFS”) have partnered to provide technology and facilitate…

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Mozambique extends Cahora Bassa hydro power concession

Dec 17, 2018

The concession contract for the Hidroeléctrica de Cahora Bassa (HCB) hydroelectric facility was extended for another 15 years under a government-approved decree on Tuesday, the spokeswoman for the Mozambican Council of Ministers announced. Ana Comoana also said that the extension of the term of the concession was intended to make the public offering of HCB’s…

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Tunisia tags 30 firms for tender on 800MW of solar and wind power

Dec 15, 2018

The Ministry of Industry and Small and Medium-sized Enterprises in Tunisia has tagged some 30 firms and/or consortia as part of the tender process to add 800 MW of capacity to the country’s national grid. Among the companies selected were Masdar, EDF EN, Acciona Energia, Canadian Solar, Enel Green Power, Engie, Fotowatio Renewable Venture, ACWA…

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Kenya launches roadmap to achieve universal electricity access by 2022

Dec 15, 2018

The government today launched the Kenya National Electrification Strategy (KNES). Developed in partnership with the World Bank, KNES provides a roadmap to achieving universal access to electricity for all Kenyans by 2022. With the help of the geospatial tool, the strategy has identified least-cost options for bringing electricity to households and businesses throughout the country.…

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Azuri and Unilever launch e-voucher system in Kenya for off-grid rural consumers

Dec 14, 2018

Pay-as-you-go solar pioneer Azuri and consumer goods company Unilever today launched an e-voucher system designed to help off-grid rural consumers access consumer goods and services via pay-as-you-go solar. During the visit to Kenya by UK Prime Minister Theresa May earlier this year, Azuri and Unilever announced that they were teaming up to bring solar to…

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LTP Energias provides off-grid solar power in Angola

Dec 14, 2018

The off-grid communities of Cuando Cubango, Cuanza Sul and Lunda Sul in Angola are finally getting electricity. Launched in 2016, a photovoltaic electrification project led by the energy company LTP Energias is bringing solar energy to these three provinces, where the public grid was insufficient to supply electricity to everyone. The company was founded in…

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Azuri and ElectriFI showcase innovative financing for African renewable projects at COP24

Dec 14, 2018

Pay-as-you-go solar pioneer Azuri Technologies and the Electrification Financing Initiative (ElectriFI) will feature at the UN Climate Change Conference COP24 this week to showcase how innovative financing in the off-grid solar sector is helping millions across Africa access affordable, renewable, clean energy. Azuri announced earlier this year an innovative US$20 million off-balance-sheet multi-phase debt financing…

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InfraCo Africa expands solar expertise into Cameroon

Dec 14, 2018

InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed a Convertible Loan Agreement with Project Élan 1 SAS, committing up to US$1.7m to develop Project Élan Solar (Élan Solar) in Cameroon. The project is sponsored by established developers GSC Energy (Pty) Ltd and Sturdee Energy (Pty) Ltd and will be one of…

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Burkina Faso calls on bidders to construct solar PV plants

Dec 14, 2018

The government of Burkina Faso has obtained a grant from the World Bank for the financing of the Power Sector Support Project (PASEL), and intends to use a part of this credit to make payments under subsequent contracts: Realisation of turnkey construction and technical assistance for the operation and maintenance for two years of a…

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