Alternative Energy

Clean energy IPP successfully lists on Mauritius Stock Exchange

Jun 3, 2019

The Board of Directors of Africa Clean Energy Solutions Limited (“ACES” or the “company”) are pleased to announce that the company has today listed its shares on the Official Market of the Stock Exchange of Mauritius Ltd (the “SEM”). On the first day of listing and trading on the SEM, three percent of the issued…

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Scatec Solar completes another 65MW at Egyptian complex

Jun 3, 2019

Scatec Solar and partners have grid connected and reached commercial operation for another 65 MW of the 400 MW Benban project in Egypt. Scatec Solar now has 130 MW in operation in Egypt and expects to have completed the project during second half of 2019. The Benban solar power plant is Scatec Solar’s largest project…

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Wind Energy Association supports South Africa’s new energy minister

Jun 3, 2019

The South African wind industry association, SAWEA, has expressed support of President Ramaphosa’s decision to appoint Minister Gwede Mantashe to take over the energy portfolio. The South African Wind Energy Association (SAWEA) has issued a statement of support, in response to President Ramaphosa’s unveiling of the national executive of the country’s sixth administration, which sees…

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Geothermal project set for Ethiopia

May 31, 2019

Reykjavik Geothermal, a power developer backed by hedge fund billionaire Paul Tudor Jones II, is about to kick off a $4.4 billion project to bring volcanic energy to Ethiopia. Tapping long-built Icelandic expertise in channeling volcanic power, the developer is preparing to start exploration drilling in September for two 500-megawatt plants in Corbetti and Tulu…

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Steigler’s Gorge hydropower project, two others to gulp Sh1.9trn in Tanzania’s 2019/2020 budget

May 31, 2019

The Minister for Energy, Dr Medard Kalemani, asked the Parliament to approve a total of Sh2.142 trillion for his ministry for the financial year 2019/20 on Tuesday, May 28, 2019, saying 95.1 per cent of the cash will be spent on three strategic projects. The amount sought for approval during the 2019/20 financial year is…

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Seychelles seeks proposals for floating utility scale solar energy system

May 31, 2019

Seychelles has launched a call for proposals for the installation of Africa’s first utility-scale Floating Solar Photovoltaic (PV) system, an official of the energy commission said. The call was released last week to eight bidders that were selected in the first phase of the project. Proposals will be evaluated against a set of technical and…

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Russia and Congo sign agreement over the peaceful use of atomic energy

May 31, 2019

Russia and Congo have signed the intergovernmental agreement of the cooperation in the peaceful uses of atomic energy. It was signed during an official visit of President of the Republic of Congo Denis Sassou Nguesso to Moscow. The signing of the Agreement greenlights the start of an active nuclear dialogue between Moscow and Brazzaville. It…

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Voltalia secures 55MW solar plant construction job in Kenya

May 30, 2019

French renewable power producer Voltalia SA (EPA:VLTSA) has won a contract to build a 55-MW solar park in Kenya for independent power producer Alten Energias Renovables. Under the deal, awarded through a competitive selection, Voltalia will install the photovoltaic (PV) plant in the municipality of Eldoret, Uasin Gishu state. Additionally, it will deliver operation and maintenance…

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Globeleq acquires 80MW of Brookfield’s wind, solar parks in South Africa

May 30, 2019

Globeleq has completed the acquisition in South Africa of four renewable generation plants and the asset management company from an affiliate of Brookfield Asset Management. The addition of these entities strongly complements Globeleq’s existing renewable power business in South Africa where the company already owns, operates and manages 238MW of solar and wind projects. The…

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Morocco’s Ourazazate Noor III CSP Tower exceeds expectations

May 30, 2019

The 150MW Ourazazate Noor III CSP Tower in Morocco has exceeded performance targets on output and storage integration in its first few months of operation. Xavier Lara, Senior Consultant at CSP engineering group Empresarios Agrupados (EA), said that financing costs for tower storage projects should fall in line with parabolic trough rates going forward. The Noor…

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