The Abu Dhabi Fund for Development (ADFD) has decided to allocate 15 million dollars for the construction of the future Blitta photovoltaic solar power plant in Togo. The project is being developed by the Emirati company Amea Power. The General Assembly of the International Renewable Energy Agency (Irena) took place on Sunday, January 12, 2020, […]
AFRICA: EIB and TDB lend $120 million to SMEs for renewable energy
The European Investment Bank (EIB) has recently partnered with the Eastern and Southern African Trade and Development Bank (TDB) to open a USD 120 million credit line. It is intended to finance renewable energy projects for small and medium-sized enterprises (SMEs). The 9th Summit of Heads of State and Government of African, Caribbean and Pacific […]
ZAMBIA: Univergy will invest $200 million to produce 200 MWp from solar energy
The Japanese company Univergy Solar will invest 200 million dollars in Zambia to carry out two solar photovoltaic projects. They will allow 200 MWp to be fed into the national grid in 2020. A new independent power producer (IPP) is interested in Zambia. It is the Japanese Univergy Solar, with an extensive programme of projects […]
SOUTH AFRICA: Eskom launches major tender for electricity storage
South African state-owned company Eskom is to initiate a call for tenders for a large-scale battery-powered electricity storage project. It will be implemented in two phases with an expected capacity of 1.4 GWh. South Africa is about to launch one of the largest electricity storage projects in the world. This involves the installation of batteries […]
AFRICA: 3 European countries provide $350 million for solar energy and energy storage
France, the Netherlands and the United Kingdom have committed $350 million to invest in solar energy in Africa and electricity storage. It is a strategic investment at a time when Africa is relying on renewable energy to provide access to electricity for its population. Countries in sub-Saharan Africa will benefit from new funds to improve […]