First Independent Mena Newspaper
Algerian Electricity and Gas Regulatory Commission (CREG) has revealed that fraud on energy installations, unlawful connections to the power grid in particular, caused the loss of 11 billion Algerian dinars ($92,500,731) to the Electricity and Gas Distribution Company (SDC) in 2018. According to the commission’s figures, 2,430.5 MWh of electricity were trafficked over the past […]
Lekela Power, a pan-African renewable energy generation company, has sealed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Co (EETC) for its 250-MW wind farm in the Gulf of Suez. The wind farm will be installed near Ras Ghareb and is slated for commissioning in 2021, reports indicated on Wednesday. Once operational, the […]
Enel Green Power RSA has begun construction of a 140 MW wind farm, in the Amatole District in South Africa’s Eastern Cape province. In a statement released on Tuesday, the company said the project will require an overall investment of $226 million and is expected to generate over 460 GWh annually once fully operational. The […]
French investment firm Meridiam has launched a research and training program focused on renewable energy development in Dakar. The training program is managed by the International Centre for Training and Research in solar energy (CIFRES), a unit of the Higher Polytechnic School of Dakar (ESP). About 200 technicians and electricians are expected to receive training […]
East-based Libyan National Army (LNA) opposed to the UN-backed Government of National Accord (GNA) headquartered in Tripoli, has confirmed its full control of the Sharara oilfield, the country’s largest. Spokesman of the LNA Monday on Twitter said the Sharara oilfield in the southern Libyan desert, which produces a third of Libya’s 1 million barrel per […]
The Africa Finance Corporation (AFC) has approved a bridge loan facility of $170 million for the construction of the 44 MW Singrobo-Ahouaty hydropower projects in Côte d’Ivoire. The deal was concluded in mid-December, when a first disbursement was made for the project, in which the AFC has also invested equity. “As our first equity investment […]
Africa and the Middle East installed 962 MW of new onshore wind capacity in 2018, up by more than 300 MW from a year earlier, the Global Wind Energy Council (GWEC) said Monday. The three countries that led the growth were Egypt with 380 MW, Kenya with 310 MW and Morocco with 120 MW. The […]
The 80 MW-capacity facility is planned to serve three countries, namely Rwanda, Burundi and Tanzania. It should be completed in 2020, the authorities of the three countries affirm. “We want to assure the public that the deadline will be respected,” said Claver Gatete, Rwandan Minister of Energy. Once completed, the infrastructure will provide each country […]
South African state power utility Eskom said on Monday that it would implement controlled power cuts for a second day in a row because of a shortage of generating capacity in the southern African nation. The state power utility said it would cut 2,000 megawatts from the national grid from 07:00 GMT, likely until 20:00 […]
Crossboundary Energy Access (CBEA), Africa’s first project financing facilities for mini-grids, is planning to unlock more than $11 billion from investors to bring electricity to at least 100 million people on the continent. The new financing facility attracted $16 million in its first close – enough to fund mini-grids that could connect 170,000 people, according […]