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The Board of Directors of the African Development Bank approved on December 11, 2019, a loan of approximately €245 million to the Moroccan Electricity Authority. This financing is intended, among other things, to connect 16,000 households in 720…
A concession contract has recently been signed between the government of Ivory Coast and the consortium in charge of the project to build a biomass power plant in Ayebo in the south-east of the country. The plant, called Biovéa, will produce…
Mozambique’s national energy utility, Electricidade De Mocambique (EDM) has received a senior debt loan facility of $81.30 million from the Development Bank of Southern Africa (DBSA) for the rehabilitation and upgrading of energy supply network.…
The 11 electricity Distribution Companies (Discos) collected N121.32 billion revenue out of the total N186.08 billion bills they issued to consumers in the second quarter of 2019. According to the second quarter 2019 report of the Nigerian…
ZOLA Electric, the leading renewable energy brand in Africa has opened its first Experience Centre in Nigeria. The Experience centre, which is located at the Fezel Plaza, Alfred Rewane Road, Ikoyi, Lagos would serve as the retail footprint for ZOLA…
AMEA Power, a subsidiary of Al Nowais Investments (ANI), has signed a 25-year power purchase agreement (PPA) with The Egyptian Electricity Transmission Company (EETC) for a 200MW solar PV project and a 500MW wind power project in Egypt. Abyodos…
The South African Photovoltaic Industry Association (SAPVIA) is lobbying the government to remove regulatory hurdles slowing the deployment of 2GW of small scale generation that could help mitigate the country’s electricity crisis. South Africa is…
Zimbabwe and Zambia face an imminent power generation shut down at Kariba Hydroelectric Plant by January due to a drastic fall in water levels. Lake Kariba which is designed to operate between 475.50metre and 488.50metre levels for hydropower…
The Zimbabwe Energy Regulatory Authority (Zera) has recently issued an authorisation to Parvalue Energy for the construction of a solar photovoltaic power plant in Bulawayo, southwest of the capital Harare. It will have a capacity of 50 MWp.…