Alternative Energy

Egypt keen on promoting green tourism

Jan 25, 2019

At the World Economic Forum in Davos, Switzerland, Egypt’s Minister for Tourism Raina Al-Mashat made it know the country is looking to implement green tourism measures going forward. Speaking to CNN reporters Becky Anderson and John Defterios, Minister Al-Mashat said: “What we are trying to do is green tourism… we’re changing the norms of our…

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Mozambique set to benefit from SunFunder/SolarWorks! deal

Jan 24, 2019

We are expanding into new markets, with our first transaction in Mozambique with SolarWorks!, the country’s leading Pay-As-You-Go (PAYG) solar home system and energy services provider. The $2m debt facility will allow them to directly impact 65,000 people with improved energy access while displacing at least 26 tonnes of CO2 emissions. It also took an…

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AfDB approves $25m for renewable energy projects in Africa

Jan 24, 2019

The Board of Directors of the African Development Bank Group has approved an equity investment of up to US$ 25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy projects across Sub-Saharan Africa. ARPF will provide equity for the development and construction of 10 to 15…

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Ethiopia issues tender for installation of solar power plants

Jan 23, 2019

In Ethiopia, the Ministry of Energy launched a call for tenders for the installation of six large-scale solar power plants. The plants would have a combined capacity of almost 800 MW and be located in the states of Afar, Somali, Oromia and Tigray. The solar plants are being developed as part of a public-private partnership…

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Zimbabwe’s Govt shifts focus to renewable energy

Jan 23, 2019

Government is set to meet senior officials from ZESA Holdings and independent power producers (IPPs) as it seeks to deepen local electricity generation with new focus on renewable energy, particularly solar and wind. This comes as some giants in renewable energy from the United Arab Emirates, have shown interest in setting up 100 MW wind…

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Strathclyde Uni promotes solar power usage in Malawi

Jan 22, 2019

A solar power project, led by Strathclyde University researchers, has transpired in affordable energy supply businesses being set up in four Malawian villages. The partnership, which has been backed by a £600,000 ($772,017) grant from the Scottish government, ensures locals own and operate the solar equipment. The project includes battery chargers and power connections for…

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Coal suppliers & IPPs influence Eskom’s request for tariff increase

Jan 21, 2019

Eskom focused on coal and independent power producers (IPPs) in its presentation at the National Energy Regulator of South Africa’s (NERSA) public hearings in Durban, on Thursday. A series of public hearings are being held across the country, allowing the power utility to explain reasons for its Regulatory Clearing Account (RCA) application for year 5…

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ElectriFI commits to Bumbuna II hydro power project in Sierra Leone

Jan 20, 2019

As the 143-MW Bumbuna II Hydroelectric power project in Sierra Leone enters the final stages of development, ElectriFI, the Electrification Financing Initiative, has committed $3.5 million of development capital to finance 50% of the external development expenses needed to reach financial close of the project. Joule Africa, the project sponsor, signed a 25-year PPA with…

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Togo secures solar funding from IRENA

Jan 19, 2019

Togo secured $15 million to establish a 30-MW solar plant from IRENA (International Renewable Energy Agency). According to reports this is the largest project approved by IRENA, in terms of capacity. The funding is aimed at allowing Togo to begin a significant shift towards its target of universal energy coverage by 2030 and support its…

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Ethiopia’s Grand Renaissance hydro’s initial production expected in 2020

Jan 17, 2019

Initial energy production from the Grand Renaissance dam in Ethiopia is set to begin in 2020, according to Ethiopia’s Water and Sanitation Minister Seleshi Bekele. “We expect the dam to be fully operational by the end of 2022. 750 MW of power is the planned initial production with two turbines by December next year,” said…

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