Luanda — Angola’s capacity grew to 1,108 MW in 2017, from 400 MW in 2016, becoming one of the five largest powers in the continent in this sector. The local Laúca and Cambambe dams put the country on the list of the five nations that most increased hydroelectric capacity in 2017. Despite the work to…
Menengai geothermal project receives US $49m funding
The African Development Bank (AfDB) has approved a senior loan of US $29.5m and a concessional loan of US $20m from the Climate Investment Funds (CIF) Clean Technology Fund (CTF) to Quantum Power East Africa GT Menengai. The funding will be towards the development of a 35MW geothermal power plant at the Menengai geothermal field…
Egypt: Ministry to announce revised tariff structure
Egypt’s Minister of Electricity and Renewable Energy Mohamed Shaker will announce new electricity tariff categories, ministry spokesman Ayman Hamza said on Monday. State news agency MENA reported that the proposed tariffs will come into effect in July. The decision to lift subsidies forms part of Egypt’s economic reform programme, which started in 2014 and included…
World Bank provides funding for Morocco’s Noor-Midelt complex
The World Bank has approved $125 million in additional support for Morocco’s adoption of innovative solar technology, as part of the national goal of developing the country’s world-class solar and wind energy resources. The additional financing, which includes $25 million from the Clean Technology Fund, will support the development and construction of the Noor-Midelt I and…
G20 countries set to invest over $1.6tn in ‘fossil gas,’ jeopardising Paris climate goals
New analysis finds G20 countries are investing heavily in fossil gas in direct contradiction with Paris Agreement goals they have agreed to, according to a report titled ‘Debunked: The G20 Clean Gas Myth’. The report finds that G20 countries, in the absence of new policies, are set to see investment of over $1.6 trillion in new gas…
Amid Trump’s Solar Scorn, U.S. Backs $1 Billion Africa Deal
With financial backing from the U.S. government, solar developer Gigawatt Global Cooperatief UA signed a deal with the 15-nation Economic Community of West African States to build $1 billion of renewable energy projects in the region. The U.S. is supporting the project through its Power Africa initiative set up in 2013 under President Barack Obama’s administration, a…
Kibo Mining partners with Mozambique energy company
The multi-asset Africa-focused energy and resource company, Kibo Mining has signed a Joint Venture Agreement (the Benga Power JV) with Mozambique energy company Termoeléctrica de Benga S.A. (Termoeléctrica) to construct and operate a 150-300MW coal-fired power station. The JV will participate in the further assessment and potential development of the Benga Independent Power Project (BIPP).…
Ethiopia to double number of roads network by 2020
Africa’s second most populous country Ethiopia, has set an ambitious target to double the length of its roads network by 2020 from its extent in 2015.This is according to the government’s road authority . In 2015, at the end of GTP-I, the road network had reached 100,000km. Now the network stands at 121,171km, according to…
Kenya to sign Power Purchase Agreement in local currency
enya wants electricity producers to sign Power Purchase Agreements, PPA in local currency in bid to shield consumers from sudden spikes in prices when the shilling depreciates against major global currencies. A study commissioned by the Ministry of Energy suggests that all power producers setting up new plants with a capacity of 10MW to sign…
Kenya tops Africa and ninth globally in geothermal rankings
Kenya has been ranked 9th globally in geothermal power generating capacity and leads in Africa with a generating capacity of 700MW according to the Renewable Global Status 2018 beating the famous technological heavyweight Japan who took position ten in the rankings with an output of 500MW. The status report highlights growing investments in Kenya’s renewable…