The Algerian government is looking at resuscitating its large-scale solar plans by restarting the 4 GW solar tender which was first announced in March 2017. This was recently revealed by Mouloud Bakli who is the president of Algerian solar energy association, Club Energia, and managing director of Tell Group.
Read MoreLeading Chinese industrial electrical equipment manufacturer and clean energy supplier Chint Electric has committed US$52 million as guarantee for a 100 MW solar project ear marked for Zimbabwe’s Matebeleland South province to the south west of the country.
Read MoreThe cost of addressing the needs of Sub-Saharan Africa’s power sector has been estimated at US$14 billion a year, which is equivalent to 6% of Africa’s gross domestic product. This was said by South Africa’s Energy Department Minister Jeff Radebe while delivering his welcome speech on the opening day of the two day Power & Electricity World Africa 2018 expo at the Sandton Convention Centre in Johannesburg.
Read MoreGrowthpoint Properties is the first South African company to issue a Green Bond on the Johannesburg Stock Exchange (JSE). The Growthpoint Green Bonds, for terms of five, seven and ten years, were issued and listed on the JSE on 9 March 2018.
Read MoreStandard and Poors Global Ratings (S&P) this week downgraded South Africa’s state owned power utility Eskom’s long-term foreign and local currency corporate credit rating to ‘CCC+’.
Read MoreThe European Union (EU) can increase the share of renewable energy in its energy mix to 34 per cent by 2030 – double the share in 2016 – with a net positive economic impact, finds a report by the International Renewable Energy Agency (IRENA), launched in Brussels, Belgium.
Read MoreThe Government of Rwanda has signed a ten-year lease agreement with a United Arab Emirates based investor ‘EnviroServe’ to manage and operate an e-waste recycling plant.
Read MoreLithium production in Zimbabwe recently got a huge boost with the government sealing a deal with an as yet unnamed listed company for a project estimated to generate revenue of $1.4bn over a period of about eight years.
Read MoreThe French Development Agency (AFD) has issued an expression of interest for the construction of a 25 MW solar power project in Benin.
Read MoreAbu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the International Renewable Energy Agency (IRENA), the global platform for international cooperation on renewable energy, have announced that US$25 million in concessional loans from ADFD have been earmarked for two solar PV projects, one each in Mauritius and Rwanda.
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