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In an Africa Energy Indaba panel moderated by Standard Bank renewable energy head Rentia van Tonder, on March 1, she pointed out that a lack of financing remains a major prohibitor for power generation project development in Africa. She said…
The World Bank says it has not provided any financing or guarantees to the Independent Power Producers (IPPs) that signed Power Purchase Agreements with Ghana or the Electricity Company of Ghana during the energy crisis in 2014-2016. In a statement…
French energy company Engie has just acquired 40% of the 100 MW Xina Solar One concentrating solar power plant (CSP) located in South Africa. The facility, which supplies electricity to the Eskom grid, was built by the Spanish independent power…
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that two entities with significant financial commitments in Nigeria's power sector - the Central Bank of Nigeria (CBN) and World Bank - could invest more money to close existing…
Gender-specific data, especially detailed information on how women and men use financial resources, is needed to improve interventions geared to closing the gender gap in energy access. This was stressed by the African Development Bank during a…
Nigeria has recorded a peak grid electricity of 5,615 megawatts (MW); being the highest so far in its history. According to a statement on Monday by the Transmission Company of Nigeria (TCN), the new milestone was attained on Sunday night. TCN…
South Sudan is directing massive effort to develop the power sector to reduce a deficit of 170 megawatts by building several generation plants, implementing South Sudan Electricity Master Plan, and expanding distribution systems. South Sudan…
Rwanda and Burundi have already started mobilising funds for the Akanyaru Multipurpose Dam. The construction of all the facilities related to this project will require an investment of $190 million. The project to build the Akanyaru Multipurpose…
The National Energy Regulator of South Africa (Nersa) has approved the issuing of a generation licence to GFI Joint Venture Holdings and Gold Fields Operations (South Deep Joint Venture) to operate a 40MW solar photovoltaic (PV) plant. The…