Renewables | African Energy

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Issue 374 - 26 July 2018

Globeleq acquires six operating renewable plants

UK-based power developer Globeleq announced on 18 July that the company has reached a definitive agreement with an affiliate of New York Stock Exchange-listed Brookfield Asset Management to acquire majority stakes in six renewable energy projects with combined capacity of 178MW...

Issue 374 - 26 July 2018

South Africa

Issue 374 - 26 July 2018

Cameroon: WBG approves investment package for Nachtigal

Cameroon’s plans to harness the hydropower potential of the Sanaga River took a step forward in mid-July with the approval by the World Bank Group of a $794.5m investment package for the 420MW Nachtigal hydropower project. The run-of-river project, which will cost an estimated $...

Issue 374 - 26 July 2018

Cameroon

Issue 374 - 26 July 2018

Zambia: AfDB approves $50m for Get FiT projects

The board of the African Development Bank (AfDB) has approved a $50m framework financing for projects with combined capacity of around 100MW selected through the Global Energy Transfer Feed-in Tariff (Get FiT) programme. The financing will mainly target solar projects, which...

Issue 374 - 26 July 2018

Zambia

Issue 374 - 26 July 2018

Kenya: CDC, Globeleq announce debt package for Malindi solar

UK-based developer Globeleq and CDC Group, which is wholly owned by the UK’s Department for International Development and owns 70% of Globeleq, announced on 11 July a $66m debt package for the 40MW Malindi solar project. Globeleq told African Energy that the focus was now on...

Issue 374 - 26 July 2018

Kenya

Issue 374 - 26 July 2018

Angola: Isabel dos Santos companies excluded from Caculo Cabaça

President João Lourenço has issued a decree modifying the contract for the construction of the 2,172MW Caculo Cabaça dam with the removal of companies associated with controversial businesswoman Isabel dos Santos. Decree 79/18, dated July 12 and signed by Lourenço, states that...

Issue 374 - 26 July 2018

Angola

Issue 374 - 26 July 2018

Gambia: EoIs sought for GMG enabling framework

The Ministry of Petroleum and Energy has invited expressions of interest by 8 August from eligible consultants to prepare policy, regulations and an enabling framework to promote market-driven green mini-grids. The contract is to be financed from the Sustainable Energy Fund for...

Issue 374 - 26 July 2018

Gambia

Issue 374 - 26 July 2018

Uganda: Wind assessment services tender

The Ministry of Energy and Mineral Development is set to launch bidding in August for consulting services for its Wind Resource Map and Pilot Wind Power Development Programme. The programme, to be financed with a project preparation grant from the Strategic Climate Fund, through...

Issue 374 - 26 July 2018

Uganda

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