The World Bank has provided its first Partial Risk Guarantee (PRG) for US$145mn to support Nigerias gas sector and bring more electricity to Nigerian consumers
World Bank support for Nigeria power sector
Energy
Caterpillar and Altaaqa Global sign power deal
Caterpillar has entered into an international power projects (IPP) agreement with Saudi Arabia-based Zahid Group’s subsidiary company, Altaaqa Global, which will ensure an increase in electricity generation across the African continent within weeks
Masdar launches solar PV plant in Mauritania
With energy demand increasing by 12 per cent annually in Mauritania, the addition of solar power will help meet future electricity shortfalls. (Image source: steevithak/Flickr)
Masdar, the Abu Dhabi-based renewable energy company, has launched a US$32mn, utility-scale, 15MW solar photovoltaic (PV) power plant in Mauritania
Angola to 'increase power production five-fold by 2017'
Image source: Wikimedia Commons/USAID.
The Angolan government has announced plans to invest US$17.7mn (AKZ1.7bn) and quintuple the countrys power production capacity by 2017
Green Solar and Intratrek to launch solar power project in Zimbabwe
Green Solar Europa and Intratrek Zimbabwe have teamed up to build a 100MW solar power plant at a cost of US$350mn
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The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)
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