The managing director of Dubai-based energy rental firm SES Smart Energy Solutions has predicted that the company’s annual turnover will top US$100mn by 2019
Energy
Africa’s ‘amazing’ renewable energy potential

Dr Carlos Lopes says Africa is in a unique position to become a world leader in renewable energy. (Image source: International Labour Organisation/ Flickr)
The executive secretary of the UN Economic Commission for Africa (UNECA), Dr Carlos Lopes, has spoken of the continent’s “amazing” potential to become a world leader in renewable energy
Rwanda’s 28MW hydroelectric plant to reduce need for fossil fuel

-based Exim Bank provided a US$80mn loan towards the project and Rwanda funded the remaining costs. (Image source: grendelkhan/Flickr)
Rwanda has commissioned the Nyabarongo hydropower plant power to reduce the government’s monthly expenditures on diesel fuel from approximately US$12.9mn to US$7.4mn
Actis and Mainstream Renewable Energy launch US$1.9bn clean energy initiative for Africa

Lekela Power is the eighth clean energy initiative being spearheaded by Actis. (Image source: ArtemyoLagalag/Flickr)
UK-based private equity firm Actis and global solar and wind energy company Mainstream Renewable Power have launched a pan-African renewable energy generation platform Lekela Power for US$1.9bn
Batoka Gorge hydropower plant capacity to increase to 2,400MW

The Batoka Gorge leads to the Victoria Falls, where the proposed dam is being planned. (Image source: AndreasKollegg/Flickr)
The power generating capacity of the Batoka Gorge hydropower plant is expected to increase to 2,400MW from the originally-expected capacity of 1,600MW