A panel of development finance institutions and project developers at the annual Africa Energy Forum on Friday discussed how they are shaping the continent’s emerging energy sector; in taking on the risk that commercial capital typically will not.
Italian renewable energy firm TerniEnergia continues to strengthen its position in the African PV market with its latest 34MW EPC and O&M contract in Zambia.
The World Bank will finance various energy, water and infrastructure projects in northern Kenya under its US$1.1 billion North-eastern Kenya Development Initiative, according to reports.
German storage manufacturer Tesvolt has been awarded a project to power water pumps in Rwanda with 2.68MWh of battery storage linked to a utility-scale solar system.
Zambia set a new benchmark for low-cost solar power in Africa on Monday with a competitive auction under the ‘Scaling Solar’ programme, which saw winning bids as low as 6.02 cents/kWh.
UK solar energy giant Solarcentury has teamed up with London Distillers to ensure that its building in Athi River, Kenya, will soon house the largest rooftop solar project in East Africa.
Three Saudi Arabian developers are thought to have put in the lowest bids for a public bid opening of the Moroccan Agency for Solar Energy's (MASEN) Noor PV I scheme – a tender to select an IPP to develop three PV plants with an aggregate capacity of 170MW.
US environmental EPC contractor Tetra Tech has received US$84 million in additional contract funds from the US Agency for International Development (USAID) to expand the US government-led Power Africa programme.
