Leroy-Somer has launched AREP+, an improvement of its auxiliary winding technology for the TAL alternator range
Energy
Africa and Middle East hold 19.2 per cent share in T&D project contract
![Europe held the top position with 11 contracts and a share of 42.3 per cent during December 2019. (Image source: Foundry/Pixabay)](/images/TD_project.jpg)
Europe held the top position with 11 contracts and a share of 42.3 per cent during December 2019. (Image source: Foundry/Pixabay)
Comparing contracts activity in T&D project segment in different regions of the globe, the Middle East and Africa held five contracts and a 19.2 per cent share during December 2019, according to GlobalData’s power industry contracts database
AfDB approves US$8.91mn grant for Ruzizi IV Hydro Power Project
![When completed, Ruzizi IV is projected to produce 287MW of electricity and exploit the Ruzizi River’s full hydropower potential. (Image source: Ronald Vriesema/Flickr)](/images/Ruzizi_hydro.jpg)
When completed, Ruzizi IV is projected to produce 287MW of electricity and exploit the Ruzizi River’s full hydropower potential. (Image source: Ronald Vriesema/Flickr)
The African Development Bank (AfDB) has approved a US$8.91mn grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support Ruzizi IV Hydropower Project, to be situated on the Ruzizi River between Rwanda and Congo
AfDB-sponsored off-grid energy access fund reaches final equity close
![Wale Shonibare, AfDB’s acting vice-president for power, energy, climate change and green growth, emphasised the strategic importance of FEI in delivering the AfDB’s renewable energy strategy for Africa. (Image source: seagull/Pixabay)](/images/renewable_sustainable.jpg)
Wale Shonibare, AfDB’s acting vice-president for power, energy, climate change and green growth, emphasised the strategic importance of FEI in delivering the AfDB’s renewable energy strategy for Africa. (Image source: seagull/Pixabay)
The Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) has reached final equity close with US$59mn in committed equity capital and US$36mn debt facilities, to support innovative, off-grid energy access companies
AfDB’s US$20mn investment in Metier Fund for renewable energy programme
The African Development Bank (AfDB) has approved a US$20mn investment in the Metier Sustainable Capital International Fund II, which channels funds to renewable energy and resource-efficient infrastructure projects across sub-Saharan Africa