Renewables

African renewable energy sources underused, says Kenyan power expert

African Renewable Energy Sources Underused Says Kenyan Power ExpertAfrican’s rich renewable sources are being underused even though the continent aims to connect 60mn new households to electricity grids by 2030

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Siemens Gamesa introduces wind farm project in Djibouti

SG KFW Onshore EGY 6399Spanish-headquartered Siemens Gamesa has signed a contract to build the first renewable energy installation in Djibouti

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Lekela inaugurates first wind farm in West Africa

Lekela atrLekela, renewable power generation company that delivers utility-scale projects across Africa, has celebrated the inauguration of its flagship Parc Eolien Taiba N’Diaye (PETN) project in Senegal and groundbreaking on the 250MW West Bakr Wind project in Egypt

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Africa Finance Corporation invests in Djibouti’s IPP and renewable project

Djibouti wind AFCAfrica Finance Corporation (AFC) has announced a US$63mn strategic investment to construct and operate a 60MW wind project in the Ghoubet area, near Lake Assal in Djibouti

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Standard Chartered to provide US$75bn for SDGs

SC SDGStandard Chartered is planning to provide US$40bn of project financing services for infrastructure to promote sustainable development and US$35bn of project financing services, M&A advisory and debt structuring services for renewables and cleantech projects by 2024

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