First Independent Mena Newspaper
The World Bank’s Board of Directors has approved $200 million in funding for the establishment of a Renewable Energy Guarantees Program (REGREP) in Ethiopia. These funds, to be disbursed by the International Development Association (IDA), will help the authorities in Addis Ababa to reform their regulatory framework and gear it up for private investment and […]
Algeria’s Minister of Energy Mohamed Arkab has announced that the final version of a new hydrocarbon law has been drafted and will be submitted to authorities for approval. OPEC member Algeria relies heavily on oil and gas, which account for 60 percent of the budget and 94 percent of its export revenue, despite promises to […]
In Senegal, renewable power generation company, Lekela, has announced that the first turbine has been delivered for the construction of a 158,7MW wind farm. The project dubbed Parc Eolien Taiba N’Diaye (PETN) will be made up of 46 turbines. According to Lekela’s Managing Director, Massaer Cissé, it won’t be long until PETN will […]
The consortium that won the bid to build Noor Midelt 1, a 800 MW solar plant, has signed with Spain’s TSK to start works in late 2019. The consortium composed of French EDF Renewables, UAE’s Masdar and Morocco’s Green of Africa said that the plant will be operational by 2022. Noor Midelt 1, worth $780 […]
Mozambique has offered to export power to Zimbabwe and Zambia, which are currently facing an energy deficit. The move of the southern African nation is in exchange for further reduced generation at Lake Kariba. The offer will provide huge relief for the two countries that have already whittled electricity generation. Zimbabwe and Zambia generate power […]
Botswana’s state-owned utility has cancelled a tender in which it was seeking private investor partners to build a 100 MW solar power plant in the Southern African nation. According to the Botswana Power Corporation (BPC), the project, which was initially structured as a joint venture between BPC and private producers, will now be implemented through […]
Morocco is strengthening its regional leadership in renewable energy with the launch of works to build Noor Midelt 1, a giant 800 MW solar plant in Central Morocco, the Moroccan agency for sustainable energy said. The Plant will be built by a consortium of French EDF Renewables, UAE’s Masdar and Morocco’s Green of Africa, MASEN […]
Sound Energy, the Moroccan focused upstream gas company, said a sale of the East Morocco operations would be a preferred option ahead of the final investment decision for the well TE-5 production area. The East Morocco operation comprises three areas – Tendrara, Greater Tendrara and the Anoual Permit. In August 2018, Sound Energy signed an […]
Nigeria’s Federal Executive Council (FEC) has approved $1 billion Chinese loan from Chinese EXIM Bank for the development of the Gurara II hydroelectric project in Kaduna State in the north of the country. The Gurara II hydroelectric dam will produce 360 MW. The Gurara River is already serving to generate 30 MW of electricity and […]
It’s official! The renewable energy has reached a capacity of 6,000 MW in Egypt, according to Mohamed el-Khayat, Executive Chairman of the New & Renewable Energy Authority (NREA). The North African nation reached the target, a year before the government deadline to add 20% renewable energy in the country’s electricity mix. Of the 6,000 MW […]