africa

The German Development Bank (KfW) and the African Trade Insurance Agency (ATI) have set up a new credit facility instrument built to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale renewable energy projects (up to 50MW).

Italian oil and gas company Eni is planning to develop a 20MW PV project in the area of Tamale in the northern region of Ghana.

German company BayWa r.e. has commissioned a PV plant with a battery system in Zambia.

Enerray, though the company EB Solaire, is developing a 30MW PV project in Cameroon, with Enerray set to serve as EPC provider for the plant.

Solar finance company PEG Africa has raised US$13.5 million for household solar systems in Ghana and the Ivory Coast, which is expected to reach up to 500,000 people.

A report on the off-grid solar market has revealed that there has been a 7% drop in off-grid solar and home system product sales worldwide yet the market remains “buoyant”.

A consortium including Enel Green Power, a subsidiary of Italian power giant Enel, and Ethiopian infrastructure company Orchid Business Group has won a 100MW solar tender floated by the utility Ethiopian Electric Power (EEP).

ENGIE and Fenix have announced a transaction in which Engie will acquire 100% of Fenix International, an energy generation company offering Solar Home Systems (SHS) in Africa.

Uganda-based off-grid and home PV firm SolarNow has received a US$6 million syndicated off-grid solar financing facility.

Senegal’s Electricity Regulatory Commission (CRSE) has issued Request for Proposals (RFPs) for 100MW of solar projects to be built in three regions.