Home Tag "Renewable Energy"

AfDB develops financing instruments for engaging off-grid sector by invest in FEI

Energy stakeholders call for new financing mechanisms to support off-grid and mini-grid connectivity in Africa Energy industry stakeholders attending the 5th Energy Access Investment Forum have called for a restructuring of the financing mechanisms enabling the development of off-grid and mini-grid connectivity in Africa. “Meeting the universal electricity access objects within the next decade will […]

GE Sells 650MW of Renewable Energy Assets to Enel, Despite Plans to Grow Renewables Arm

GE’s joint venture projects don’t appear to be part of its renewable energy growth plan. General Electric has sold 650 megawatts of joint venture-owned renewable energy projects, less than two months after trumpeting an expansion of its renewables arm. The sale involved seven projects belonging to Enel Green Power North America Renewable Energy Partners (EGPNA […]

Tonga Power Ltd signs purchase agreement with Sunergise to built solar plant

ADB is supporting this transition to a cleaner and more sustainable energy mix through a $12.2 million grant to the Tonga Renewable Energy Project. The largest solar plant in the south Pacific will be built in Tonga through the country’s second commercially financed public-private partnership (PPP) after an agreement was signed in Nuku’alofa today. Tonga […]

AfDB President expected to pitch for promotion of renewable energies in OPS 2019

The Bank’s President will be actively involved in high-level conversations, sectoral deep dives and coalition building for climate and environmental action in Africa. The President of the African Development Bank Dr Akinwumi Adesina, will lead a delegation to the One Planet Summit (OPS 2019), which will take place in Nairobi, Kenya on 14 March 2019 […]

GE T&D wins Rs 150 cr order in Rajasthan

GE T&D India on Wednesday said it has bagged an order worth USD 21 million (Rs 150 crore) from Rajasthan Rajya Vidyut Prasaran Nigam Ltd (RRVPL) to modernise transmission grid network in Rajasthan. The grid modernisation project by RRVPL is part of a roadmap to implement grid initiatives and augment renewable energy in the state, […]