Abu Dhabi-based renewables company Masdar is continuing its international expansion with new plans to develop 500MW of solar in Ethiopia through a partnership with the country’s government.
ACWA Power has penned two long-term power purchase agreements (PPAs) with Ethiopia’s state-owned Ethiopian Electric Power for 250MWac of solar in the nation.
Saudi firm, one of five firms to submit proposals for two World Bank-backed projects, said to have produced Africa-wide milestone with tariff of US$25.26/MWh.
Ethiopia has issued Request for Proposals (RFP) as part of its 250MWac Scaling Solar tender, asking the 12 pre-qualified bidders to submit their final proposals before the end of June.
A number of international initiatives have helped large-scale solar gain a foothold in Africa. The question now is how the market for this segment will develop beyond these programmes and how much capacity grids will be able to support.
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).
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