Investing

  • GE Renewable Energy to provide turbines for French offshore wind farm April 18, 2019 GE Renewable Energy to provide turbines for French offshore wind farmGE Renewable Energy announced on 16 April 2019 that it has signed a Memorandum of Understanding (MoU) with Eolien Maritime France (EMF) confirming its commitment to provide and service Haliade 150-6MW turbines to the first French EMF offshore wind farm yet to be cleared of any legal recourse.
  • German-African Energy Forum Boosts Africa’s Energy Sector April 2, 2019 German-African Energy Forum Boosts Africa’s Energy SectorThe African Energy Chamber has hailed the German Government and the African-German Business Association (Afrika-Verein der deutschen Wirtschaft) on the success of the 13th German-African Energy Forum that took place in Hamburg on March 27 and 28, under the theme “Realizing & Financing Africa’s Energy Revolution”.
  • UK aid to give clean energy boost to Kenya March 20, 2019 UK aid to give clean energy boost to KenyaThe UK Government, through InfraCo Africa, a Private Infrastructure Development Group (PIDG) company, is investing Ksh. 220 million (US$2.2m) in the development of two solar plants in rural Kenya.
  • Local Wind Turbine Manufacture Resumes in South Africa March 12, 2019 Local Wind Turbine Manufacture Resumes in South AfricaGRI Renewable Industries, a Spanish wind turbine tower maker has resumed operations at its GRI Towers South Africa factory on the west coast of South Africa.
  • MIGA Provides Financial Guarantee for Cameroon Hydropower Plant February 13, 2019 MIGA Provides Financial Guarantee for Cameroon Hydropower PlantMultilateral Investment Guarantee Agency (MIGA) a member of the World Bank Group has provided EUR 164.5 million in guarantees for the construction of the Nachtigal Hydropower Project in Cameroon.