The installation, built near the production plant, will produce solar energy using an offgrid operational configuration. (Image source: Free-Photos/Pixabay)
Eni Tunisia BV has inaugurated a new photovoltaic plant in partnership with the national company Entreprise Tunisienne d’Activités Pétrolières (ETAP)
ENGIE aims to develop its service activities and energy solutions for smart cities in Egypt. (Image source: ENGIE)
ENGIE Africa has announced that construction and commissioning of the 262.5MW Ras Ghareb wind farm in Egypt is complete 45 days ahead of schedule
The construction and development of new PV plants in Egypt bolsters the efforts of the Ministry of Electricity and Renewable Energy to increase the overall capacity of renewable energy to 20 per cent by 2020. (Image source: ACWA Power)
Saudi Arabia-based ACWA Power, an international developer and operator of power generation and water desalination facilities, has signed a power purchase agreement (PPA) with the Egyptian government to develop, finance, construct and operate the 200MW-Kom Ombo photovoltaic plant
ACWA Power and Ethiopia Electric Power (EEP), the state-owned electricity producer, and the Ministry of Finance signed a letter of intent. (Image source: ACWA Power)
ACWA Power, an International developer and operator of power generation and water desalination projects, was awarded two 125 MWac solar photovoltaic (PV) projects by the Public Private Partnership Directorate General (PPP-DG) of the Ethiopian Ministry of Finance
ACWA Power won the bid for the plants during the first round of Ethiopia’s solar programme organised under the new PPP law.
ACWA Power and Ethiopia Electric Power (EEP), the state-owned electricity producer, and the Ministry of Finance signed a letter of intent. The entities will proceed to sign a long-term power purchase agreement for the projects at US$2.52 cents/kWh over a time span of 20 years before the end of 2019.
With a combined capacity of 250MWac, the projects will contribute in addressing the current energy shortfall as well as diversifying the energy mix in Ethiopia, where the government is currently working to increase the electricity generation capacity of the country from 4,300MW today to 17,300MW by 2020. The new plants will be located in Dicheto of the Afar region, and in Gad of the Somali region.
“We welcome the opportunity to help the country realise its incredible renewable resource potential and deliver significant economic, social and environmental value,” said Paddy Padmanathan, CEO of ACWA Power.
“Our entrance into Ethiopia is yet another attestation of our impressive track record to win bids at low tariffs, and transform the energy sectors of growing economies. We thank the PPP-DG and the government for their transparent tendering process and professional approach under the framework of the new PPP law,” said Rajit Nanda, chief investment officer.
This growth in wind and solar energy is rapidly transforming power systems worldwide. (Image source: Myriam Zilles/Pixabay)
Global efforts to bring down emissions are top of the agenda at the UN Climate Action Summit, which takes place in New York
The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)
GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)
The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)
The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)
ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)
The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)
The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)
Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)
WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)
IVECO is renewing its entire product range, all at once. (Image source: IVECO)
Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)
The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)
There has been a focus on the sugar industry. (Image source: Adobe Stock)
Ghana’s President, Nana Addo Dankwa Akufo-Addo, speaking at the launch. (Image source: Office of the President, Republic of Ghana)
Dietmar Siersdorfer speaking at Africa Energy Forum in Barcelona. (Image source: Siemens Energy)
The generator set fitted with a Perkins 1103 is providing vital backup power at the St Patrick School in Uganda. (Image source: Perkins)
5G technology deployment will take place later this year. (Image source: Adobe Stock)
Spiro will draw from its experience in Kenya, Benin, Togo, Rwanda and Nigeria as it launched in Uganda. (Image source: Spiro)
According to IRENA, concrete policy actions and massive mobilisation of finance at full speed is required in order to meet the 2030 target. (Image source: Adobe Stock)
The distributor will hold specialised training and empowerment sessions to enable its channel network to effectively deliver Vertiv’s portfolio, as well as managing inventory to serve the market. (Image source: Vertiv)
The HQ is expected to be completed and handed over by February 2025. (Image source: ECOWAS)
Africa’s share of global manufacturing only sits at around 2% today. (Image source: Adobe Stock)
There are numerous but not insurmountable challenges facing Africa's aviation sector, according to IATA. (Image source: Adobe Stock)
Africa Energy Forum 2024 was held in the Fira de Montjuïc in Barcelona. (Image source: ACP)
The quality design and manufacture of SEW-EURODRIVE South Africa’s panels and enclosures can be suited to any customer requirement wall mounts. (Image source: SEW-EURODRIVE)
African countries will require over US$45bn in the coming eight years to plug the gap in its transmission systems. (Image source: Synergy Consulting)
BII commits US$75mn to second Green Basket Bond with Symbiotics Investments to finance small-scale green projects in Africa, South, and South-East Asia. (Image source:
Transforming Africa's digital economy: Data Centres powering growth, innovation, and sustainability in the digital era. (Image source: Adobe Stock)
