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Renewables

Fast growing economies and high population growth are increasing energy demand in Africa. (Image source: Siemens Gamesa)

Spanish-headquartered Siemens Gamesa has signed a contract to build the first renewable energy installation in Djibouti

PETN will provide power for more than two million people. (Image source: Pexels/Pixabay)

Lekela, 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

This wind project aims to be a major contribution to the electricity demand as the country aims to transition towards 100 per cent-renewable energy-based electricity production by 2030. (Image source: Steppinstars/Pixabay)

Africa 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

Investors and banks need to coordinate and connect capital to promote sustainable development. (Image source: everythingpossible/Adobe Stock)

Standard 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

Daystar Power has installed more than 170 solar systems for schools, hospitals, banks, factories and other facilities in West African countries. (Image source: succo/Pixabay)

The international jury of the non-governmental organisation Endeavor honoured the two German founders and managing directors of the Nigerian solar energy company Daystar Power as high impact entrepreneurs

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