Year 1 | Edition 1 | 1 November 2021
 

Mainstream Renewable Power and partners awarded 1.27 GW of wind and solar projects in South Africa

Global wind and solar company Mainstream Renewable Power, announced 12 of its projects have won preferred bidder status in Round 5 of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).

The wind and solar projects, which have a total capacity of 1.27 GW, represent half of the total allocation in the Round, which was the most competitive to date, being almost four times oversubscribed. The win makes Mainstream the most successful company in the history of the South African...

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Standard Bank Group, Citi, Norfund and CDC Group invests $75 million in Greenlight Planet Kenya

Standard Bank Group, Citi, CDC Group and Norfund have partnered to provide a $75 million equivalent KES denominated Sustainable Finance Facility for Greenlight Planet Kenya, Africa’s player in off-grid solar home solutions.

The landmark facility is one of the first sustainability-linked deals in Kenya, and one of the largest syndicated sustainable finance deals in the region to be provided in local currency. The transaction will allow Greenlight Planet to expand access to off-grid solar solutions to off-grid communities throughout...

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[Interview] Sidney Zeeman, Sales and Business Development Manager, Independent Energy BV

Independent Energy BV is a company that designs, manufactures and install on- and off-grid solar and backup solutions worldwide from small house-size systems to large complete “plug and play” installations.

The company has invested in modern technologies and systems which ensure that performance of the solar solutions can be assessed real time and technical issues can be detected at an early stage. Sidney Zeeman, the Sales and Business Development Manager explains...

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Uganda receives grant support from the Swedish Government to conduct floating solar studies

Following the successful signing of the Memorandum of Understanding between the Government of Uganda, represented by the MEMD, and Swedish Government, represented by the Swedish Embassy in Kampala, a number of initiatives have been proposed to support the Ugandan energy sector.

One of the key initiatives mooted was to unlock the renewable energy potential of the country by venturing into the floating solar space. The Swedish support will enable Uganda to...

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Africa REN launches the construction of the largest solar plant in Burkina Faso

Africa REN, a pioneer in clean infrastructures in Africa, has launched the construction of the Kodeni Solar power plant, near Bobo-Dioulasso, in Burkina Faso.

With an installed capacity of 38MW, Kodeni Solar will be the largest solar power plant in the country as well as the first public-private partnership to reach financial close. The plant is scheduled to be commissioned in August 2022. Kodeni Solar has signed a 25-year power purchase agreement (PPA) with SONABEL, the electricity utility of Burkina Faso, as part of a...

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[Column] Africa’s green manufacturing crossroads: Choices for a low-carbon industrial future

Africa is at a crossroads. As one of the most vulnerable continents to climate change and climate variability, it has a strong incentive to join global efforts to reduce greenhouse gas (GHG) emissions and bolster its adaptive capacity.

At the same time, African governments are committed to industrializing their economies in order to meet the basic needs of growing populations and create jobs and wealth.  If the continent is to achieve both, it cannot afford to follow the same route to economic prosperity that developed nations...

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ITFC signs €100m Murabaha financing agreement with SENELEC to support Senegal’s energy Sector

The International Islamic Trade Finance Corporation (ITFC) approved a 100 million Murabaha financing to SENELEC (Senegal National Power Company), to enhance  the production, transmission, and distribution of electricity in Senegal.

The facility is purposed to cover almost 20% of SENELEC’s financing needs to purchase refined petroleum products, directly impacting the production, transmission, and distribution of electrical energy throughout the country. The...

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[Column] Nick Hurd: Governments must prioritize off-grid solar in Africa’s economic recovery

Bboxx, a next generation utility, and UCL’s Engineering for International Development Centre have published a new report Off-Grid Energy and Economic Prosperity. It uncovers the wealth of evidence on the relationship between access to off-grid electricity and economic prosperity in Sub-Saharan Africa.

It highlights the urgent need for governments and policymakers to prioritize off-grid solar in a bid to accelerate inclusive and sustainable economic development. Globally...

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Scatec and Fertiglobe to develop green hydrogen as feedstock for ammonia production in Egypt

Scatec has entered into an agreement with Fertiglobe plc, an ammonia producer jointly owned by OCI N.V. and Abu Dhabi National Oil Company (ADNOC), and The Sovereign Fund of Egypt (TSFE), to jointly develop a 50-100MW green hydrogen facility as feedstock for green ammonia production.

Scatec will build, operate and majority own the facility and a long-term off-take agreement will be entered into with Fertiglobe’s subsidiary EBIC. The facility will be located near EBIC in Ain Sokhna and is the first step towards developing...

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