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SUNEQ NAMIBIA AND ITS SHAREHOLDER NAMIBIA INFRASTRUCTURE FINANCE LIMITED (NIFCO) ACHIEVED FINANCIAL CLOSE FOR ONE OF THE LARGEST SOLAR PHOTOVOLTAIC (PV) POWER PLANTS WITH AN INDUSTRIAL OFFTAKER IN NAMIBIA AND AFRICA, WITH AN INSTALLED CAPACITY OF 6.5 MWDC

Windhoek: SunEQ Namibia has reached financial close with the Development Bank of Namibia (DBN) for a 5 MWAC solar project for Ohorongo Cement, the largest cement factory in Namibia. It is a major milestone for the sister company of German solar consulting company Suntrace on its way towards becoming an independent power producer. SunEQ has […]

Côte d’Ivoire: African Development Bank to help mobilize over CFAF 15 billion to finance pay-as-you-go solar home systems

100 000 rural households to get access by 2020 In very remote rural areas of some African countries, access to electricity for low-income people is still through traditional and outdated systems such as battery-powered flashlights or oil lamps that pollute and are extremely harmful to health. In response to this urgent need, the Board of […]

2.5 million citizens in Democratic Republic of Congo to gain electricity through pioneering deal

BBOXX, a next generation utility, has signed a pioneering deal with the Government of the Democratic Republic of Congo (DRC), which will bring reliable, renewable electricity to 2.5 million citizens in the DRC by 2020. The DRC Government’s “Energie pour Tous” initiative, which puts off-grid solar at the heart of solving the significant energy access […]

The African Development Bank and the Climate Investment Funds support their first private sector-led geothermal power plant in Kenya

The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds (CIF) Clean Technology Fund (CTF) to Quantum Power East Africa GT Menengai Ltd. The funding will support the development of a 35-MW geothermal power plant at […]

Mainstream Renewable Power Completes USD$520 Million Financial Close for Two Wind Farms in South Africa

DUBLIN: Global wind and solar developer Mainstream Renewable Power has completed financial close for the Kangnas and Perdekraal East Wind Farms in South Africa, which have a combined capacity of 250 megawatts (MW). A consortium led by Mainstream was awarded the contracts for the wind farms by the Department of Energy under the fourth round […]

Sun24 and Catholic Church Win the Prestigious Energy Globe National Award for Delivering Solar Lights to Over 160,000 Ugandans

Unique model empowers local dioceses to bring lighting to poor, remote communities, replacing dangerous, dirty kerosene. KAMPALA, Uganda: The partnership between Sun24, a Florida based non-profit, and the Catholic Church won the prestigious Energy Globe National Award on June 5, 2018 for their unique model to distribute solar lights to families without electricity in the […]

NTPC India’s Largest Power Generator Exhibits India Power Potential Highlighting its Expertise and International Business at 7th Power and Energy Africa 2018

NTPC, India’s largest power generating company with a commissioned capacity of 53,651 MW plans to become a 130 GW company by 2032, showcased India’s Green Power at the three day Exhibition and Conference on Power and Energy 2018 at KICC, Nairobi, Kenya from 29 – 31st May, 2018. Ranked among leading power majors globally, NTPC […]