AFRICA: Oslo offers €30 million guarantee to renewable energy suppliers

The Norwegian government has decided to offer a guarantee of NOK 300 million (30 million) per year to renewable energy suppliers to guarantee their investments in low-income countries. Many of these countries are in Africa, south of the Sahara. Good news for renewable energy suppliers based in Norway. Dag-Inge Ulstein, Norway’s Minister for International Development, […]

KENYA: EIB and FMO provide €106 million for two 80 MW solar projects

The European Investment Bank (EIB) and the Netherlands Development Finance Corporation (FMO) have allocated EUR 106 million to two solar projects developed by a consortium of independent power producers (IPPs) in Uasin Gishu County, western Kenya. Two solar projects have recently received $106 million in funding from the European Investment Bank (EIB) and the Netherlands […]
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