Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar and Alain Ebobissé, Chief Executive Officer of Africa50 on the sidelines of Africa Climate Summit. They signed an agreement that will see both parties work collaboratively to catalyze sustainable development of the clean energy sector in Africa.

UAE finance initiative aims to unlock Africa’s clean energy potential


A landmark initiative that brings together public, private, and development capital from UAE institutions, is providing $4.5 billion in funding to boost Africa’s energy transition efforts as the continent looks to close an energy deficit that has left 600 million people without access to electricity. The UAE finance initiative is drawing its support from the […]

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JUWI South Africa reaches financial close of major wind project amid increasing push for renewables


South African subsidiary of leading renewable energy project developer JUWI has begun construction of the 84MW Wolf Wind project after reaching financial close, as an energy crisis pushes more demand for alternative sources of power in one of Africa’s biggest economies. The facility is projected to begin generating electricity for the South African grid by […]

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AMEA Power on an exponential growth trajectory in Africa


AMEA Power, a Dubai-based developer, owner and operator of green energy projects, has developed a strong appetite for Africa over recent years. The company already built West Africa’s biggest solar plant, a 50 MW PV facility in Blitta, Togo. Its commissioned and under-construction solar projects total some 130 MW, spread between Morocco, Burkina Faso, Togo, […]

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Cape Verde planning expansion of Cabeolica wind farms


Cabeólica S.A., owner of the four wind farms on the islands of Santiago, São Vicente, Sal and Boa Vista in Cape Verde, has signed an MoU for the expansion of its facilities. The MoU targets an expansion of the Santiago facility at Monte São Filipe by 13 MW, along with the installation of 2 x […]

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Lekela Power sold in “Africa’s biggest renewable energy deal”


Actis and Mainstream Renewable Power have sold Lekela Power to the Infinity Group of Egypt and the Africa Finance Corporation (AFC). With an installed wind power capacity of 1 GW, Lekela Power is Africa’s largest pure-play renewable energy independent power producer (IPP). The platform was until now owned at 60% by Actis and 40% by […]

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Savannah Energy plans 250 MW wind farm in Niger


Savannah Energy, operator of some of the most prolific oil blocks in Niger, is currently planning to construct and operate the country’s first wind farm in its Tahoua Region. The project was subject to the execution of an agreement yesterday between Savannah Energy and the Ministry of Petroleum, Energy and Renewable Energies of the Republic […]

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Africa’s largest copper-gold mine to run on renewable energy


First Quantum Minerals (FQM), the company that notably operates Africa’s biggest copper mine by production in Zambia, has entered into a new partnership with Chariot and Total Eren to develop 430 MW of solar and wind power for its mining operations in Zambia. Both Chariot and Total Eren had signed last year binding key terms […]

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Lekela is studying the expansion of West Africa’s biggest wind farm


Lekela has announced the signature of a grant agreement with the United States International Development Finance Corporation (DFC) to fund a feasibility study for an extension of its Parc Eolien Taiba N’Diaye (PETN). The 158.8 MW wind farm started commercial operations in December 2019 and is West Africa’s biggest wind energy facility. “The feasibility study, […]

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Chariot partners with Total Eren to offer clean energy solutions to mining companies in Africa


Chariot has signed binding key terms of a long-term joint-development partnership with Total Eren, the company said this morning. By working with Total Eren, Chariot intends to jointly originate and develop wind and solar projects for mining clients in Africa. The partnership will have an initial duration of three years and start on January 1st, […]

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Mainstream Renewable Power big winner in South Africa’s 2.5 GW renewable energy bid round


South Africa’s Minister of Mineral Resources and Energy (DMRE), Mr. Gwede Mantashe, has announced yesterday the preferred bidders for the Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) Bid Window 5. The round resulted in the selection of five consortium as preferred bidders for 25 projects totalling 2,583 MW of renewable energy. The bidders will […]

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Kenya’s Kipeto wind farm has secured a $10m loan agreement to fund biodiversity


Earlier this month, the shareholders of Kipeto Energy Plc arranged a $10m pioneering loan agreement with The Nature Conservancy (TNC) to finance human-wildlife initiatives around Kenya’s second biggest wind farm. The 100 MW Kipeto wind energy facility started commercial operations earlier this year and is developed by BTE Renewables, an Actis company, along with its […]

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Namibia is poised to become the renewable energy hub of Africa


by Hage G. Geingob, President of Namibia, Office of the President of Namibia for the World Economic Forum Namibia launched its Second Harambee Prosperity Plan (HPPII) in March 2021. The country is on course to develop a green and blue economy as articulated under the economic advancement pillar of the plan. By electrifying key parts […]

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A.P. Moller Capital has acquired 44% of Cabeólica from the Africa Finance Corporation


Through the Africa Infrastructure Fund, A.P. Moller Capital has just acquired a 44% stake in Cabeólica S.A., which runs four wind farms on the islands of Santiago (9.35MW), São Vicente (5.95MW), Sal (7.65 MW) and Boa Vista (2.55 MW) in Cabo Verde. The stake was acquired from the Africa Finance Corporation (AFC), who has been […]

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Globeleq completes ZAR 5.2bn refinancing for 238 MW in South Africa


Globeleq has announced the completion of a ZAR 5.2 billion debt financing package for three of its renewable energy facilities in South Africa: the 138 MW Jeffreys Bay Wind Farm, and the 50 MW De Aar Solar and 50 MW Droogfontein Solar plants. The transaction falls under the Department of Mineral Resources and Energy’s (DMRE) […]

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Kenya’s second biggest wind farm starts commercial operations


The 100 MW Kipeto wind farm has officially achieved commercial operations date as of Monday, July 5th. Majority-owned by Actis (88%) via BTE Renewables, Kipeto Energy is Kenya’s second largest wind energy facility after the Lake Turkana one. Kipeto Energy was originally conceived by Kenyan company Craftskills Wind Energy International (CWEIL) with support from General […]

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The U.S. commits $550m to boost Senegal’s electricity sector


On September 9, the U.S. Government’s Millennium Challenge Corporation (MCC) officially launched the $550 million MCC–Senegal Power Compact in Dakar. The five-year partnership had been signed since 2018 and will be completed by an additional $50 million commitment from the Government of Senegal. Investments will be made specifically in the strengthening of electricity networks in […]

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First wind turbine installed at Djibouti’s Goubet wind energy facility


In early August, Siemens Gamesa completed the installation of Djibouti’s first wind turbine at the Goubet wind farm in Djibouti. The 59 MW facility has been under construction since October 2020 and will be Djibouti’s first utility-scale wind project and the country’s first independent power producer (IPP). It is the result of a strong involvement […]

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Why Africa’s energy transition is only happening in South Africa


In more ways than one, the concept of energy transition makes no sense for African countries. The energy transition model by which fossil fuels were going to be replaced with renewable energy emerged out of developed countries, where low population growth and few incremental energy needs have paved the way for new planning strategies to […]

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