Floating offshore wind: Five countries that could boost growth
The Global Wind Energy Council (GWEC) has today published Floating Offshore Wind- a Global Opportunity, a report setting out the clear opportunity floating offshore wind presents for countries across the globe.
The report sets out...
South Africa’s Checkers Sitari runs entirely on renewable energy
Checkers Sitari, as well as and the entire Sitari Village Mall located close to Somerset West, Cape Town, have become South Africa's first premium supermarket and shopping centre to run entirely off renewable energy...
Utility evolution in Africa to reshape global electricity demand
Sub-Saharan Africa offers an alternative vision of how the energy transition will change power generation, according to research released today by global energy consultancy Wood Mackenzie, a Verisk business (Nasdaq: VRSK).
Benjamin Attia, a principal...
Norfund, CDC Group boost renewable power in South Africa
Norfund, the Norwegian investment fund for developing countries, and CDC Group, the UK’s development finance institution (DFI), have announced a commitment to invest ZAR 600 million in H1 Capital (Norfund 360 million and CDC...
Nigeria on the path to construct major nuclear power plants
Nigeria will in the coming years be home to at least 3 units of nuclear power plants after the Federal Government on Tuesday said it had opened bids for project that is expected to...
Construction to start on Nkosi smart city
The Mpumalanga government is developing its first post-apartheid smart city and which will generate about 15 000 employment opportunities.
Known as Nkosi City, the development will be situated on the western border of the Kruger...
South Africa’s Redstone CSP achieves first debt draw down
South African Redstone concentrated solar power (CSP) project has achieved its first debt drawdown on the largest renewable energy investment in South Africa to date.
The African Development Bank acted as the Mandated Lead Arranger...
NORAD bolsters renewable projects in Africa
The Norwegian Agency for Development Cooperation (NORAD) has committed to provide grant funding to the African Trade Insurance Agency (ATI), valued at NOK 500m (USD 56m), allocated over an initial period of 5 years....
Oikocredit invests in solar to boost SMEs in Africa
Social impact investor Oikocredit is providing a loan of € 5 million to Ecoligo, a provider of “solar-as-a-service” solutions for commercial and industrial businesses in emerging markets.
With Oikocredit's support, Ecoligo will be able to...
EAIF backs 40MW Kesses solar project in Kenya
The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG), confirmed its leading position as a provider of debt funding to Africa’s alternative energy generation sector.
EAIF has...
