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The solar industry is to notch up another year of stellar installations by rolling out the largest annual volumes seen in history, Wood Mackenzie Power & Renewables has predicted. According to the consultancy’s latest update, worldwide PV…
Zimbabweans have no choice but to expect higher electricity tariffs if power utility Zesa is to continue to be able to supply the commodity, Finance Minister Professor Mthuli Ncube has said. Ncube told a Confederation of Zimbabwe Industries forum…
In July 2016 Nigeria signed power purchase agreements with 14 utility scale PV projects with a total generation capacity of 1,075 MW. None of the projects has reached financial close and pv magazine has learned the government wants to reduce the…
Fernandes Barasa, the director of the state-owned Kenya Electricity Transmission Company (KPLC), announced the completion of construction work on the transmission line between the Olkaria geothermal power plant and the counties of western Kenya by…
  The International Finance Corporation (IFC), Globeleq Africa, and Industrial Promotion Services (IPS) West Africa, have committed financing totalling €264 million ($294 million) for the expansion of the Azito thermal power plant (Azito Phase 4)…
The Germany Africa Business Forum e.V. ("GABF"), whose goal is to strengthen investment ties between Germany and Africa, announced it has, in collaboration with private partners from the energy industry, launched a multi-million Euro funding…
The Tanzanian government plans to start construction of the Stiegler's Gorge hydroelectric dam on Friday, July 26, 2019. The work will be carried out by the Egyptian companies Arab Contractor and Elsewedy Electric. President John Magufuli of…
The Multilateral Investment Guarantee Agency (MIGA) has issued $98.6 million in guarantees to Atlantica for the ownership and operation of the 100MW KaXu Solar One solar power plant in South Africa. The Agency is providing protection from Breach of…
The World Bank’s board of executive directors approved a $22.7 million financing to support Mali’s efforts to promote the deployment of renewable energy in rural areas. The financing package is composed of a $20 million equivalent credit from the…