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The independent power producer (IPP) ib vogt has just sold its shares in the 64.1 MWp "Infinity 50" photovoltaic solar power plant in the Benban complex in Egypt. Its shares were bought by the Emirati IPP Masdar, which wants to increase its assets…
A power purchase agreement (PPA) has just been signed between the Tunisian Electricity and Gas Company (Steg) and the consortium developing the 10 MWp Gabès photovoltaic solar project. It is formed by the French Independent Power Producer (IPP) Akuo…
The European Investment Bank (EIB) has approved $14,9billion of new financing for post-pandemic recovery projects around the world. The new financing includes more than $3.67 billion of COVID-19 related investment to strengthen public services,…
Rwanda’s quest to avail affordable energy to the population got a boost this week following, the approval by the World Bank Group of $150m (approximately Rwf142bn) to finance energy access for households, enterprises and public institutions in…
Solar home systems provider Lumos has just secured US$35 million from the US-based Development Finance Corporation (DFC) to accelerate the spread of its electrification solutions in Nigeria. This is the second funding Lumos has received in a few…
The 33MW Excelsior wind farm, in the Western Cape province, is now connected to the country’s national power grid, having successfully completed the commissioning of its 13 wind turbine generators. The developer BioTherm Energy noted that this is…
The country’s regulator has approved a government plan to tender for 11.81 GW of power generation capacity on top of the 2 GW tender opened last month. South Africa’s minister of mineral resources and energy, Gwede Mantashe, has announced the…
The government of Burkina Faso has just launched the construction of two 30 MWp photovoltaic (PV) solar power plants as part of its World Bank supported Power Sector Support Project (Pasel). The installations will be located in the cities of…
The federal government yesterday released a new set of guidelines for operators within the country's solar mini-grid system to ensure strict compliance to local and international standards as well as ensure safety in the sub-sector. The new rules…