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The Tanzania Railways Corporation plans to start testing the standard gauge railway electricity systems over three months, run by four sub-stations along the completed 300 kilometres stretch between Dar es Salaam and Morogoro. The four sub-stations…
The investment company SunFunder has just completed the financial mobilisation to feed its Solar Energy Transformation (SET) fund worth 70 million dollars. The multi-investor fund has been closed thanks to an investment by Oesterreichische…
The Nigerian Electricity Regulatory Commission (NERC) has listed project management failure and non-adherence to the terms of contracts as some of the reasons why past metering programmes in the country failed. Speaking during a virtual discussion…
As part of its strategic focus on energy access and clean energy for Nigerians, Chapel Hill Denham’s Nigeria Infrastructure Debt Fund (NIDF), the first listed infrastructure debt fund in Nigeria and Africa, has announced the successful financial…
North East Governors Forum has appealed to the Federal Government to fast-track work on the Mambila Hydroelectric Power Project. Making the appeal in a communique issued late Wednesday, and signed by its chairman, Gov. Babagan Zulum of Borno, after…
The African Development Bank’s Board of directors have approved $27.2 million in loan financing for the design, construction and operation of a 200MW photovoltaic (PV) solar power plant at Kom Ombo, in Upper Egypt on the river Nile.  The project is…
The 20MWAC Golomoti Solar project with a 5MW/10MWh lithium-ion battery energy storage system (BESS) in Malawi has secured finance from InfraCo Africa and its project partner JCM Power. Golomoti Solar will be the first commercial-scale solar…
Vice President Yemi Osinbajo yesterday appealed to the international community not to block adequate financing for gas projects in Nigeria and other developing countries. Osinbajo, at a meeting with a delegation of the European Union (EU)…
Ghana will invest $1 billion this year to refinance loans contracted by private power producers, as it seeks to cut costs and curb ballooning debt in its energy sector. The West African nation and some of the contractors agreed on the plan during…