World Bank Floats EoI for Off-Grid Solar Energy Access Report
The World Bank has issued expression of interest (EoI) documents seeking consultants for an assignment to chart out an investment roadmap for sub-Saharan African countries to help them achieve universal ...
African Development Bank Pledges $50 Million to Help Energy Access Companies Tackle COVID-19
The African Development Bank's (AfDB) board of directors (BoD) has approved a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) to establish the COVID-19 off-grid recovery ...
Daily News Wrap-Up: UK Adds 14.3 MW of Solar Capacity in October
Here are some noteworthy cleantech announcements of the day from around the world: The United Kingdom added 14.3 MW of solar capacity in October 2020, according to the latest data ...
BHEL Floats Tender for the Supply of Modules for a 32 MW Solar Project in Africa
Bharat Heavy Electricals Limited (BHEL) has floated a tender for the manufacture and supply of about 32 MW of crystalline photovoltaic (PV) solar modules. The modules would be exported to ...
Tunisia Invites Bids for 70 MW of Solar Projects
Tunisia's ministry of energy, mines, and renewable energy has issued its fourth tender to develop 70 MW solar projects in the African nation. The deadline for submitting bids is February ...
Off-Grid Solar Solutions Provider Greenlight Secures $90 Million in Funding
Greenlight Planet, a solar Pay-As-You-Go (PAYG) off-grid solar solutions provider in sub-Saharan Africa and South Asia, secured $90 million in funding. The investment would fuel the expansion of the company’s ...
Africa-Based REDAVIA Gets $1.73 Million Loan to Expand its Solar Power Leasing Model
African solar developer REDAVIA announced that it received €1.5 million ($1.73 million) as its first catalyst loan from Energy and Environment Partnership Trust Fund (EEP Africa). REVADIA develops solar projects ...
Engineering Services Tender Announced for a 32 MW Solar Project in Africa’s Chad
The Private Infrastructure Development Group (PIDG) has floated a request for proposal (RfP) for the selection of owner’s engineer contract for a 32 MW solar power project in the African ...
Building Energy and Inspired Evolution Launch JV for Renewables in Africa and the Middle East
Building Energy, an Italian renewable company, in partnership with Inspired Evolution, has successfully closed the buy-out of its African and Middle East business and launched Red Rocket, an independent power producer ...
Nigeria Seeks EPC Contractors to Set Up 10 MW of Solar Projects
The Nigeria Sovereign Investment Authority (NSIA) has sought expressions of interest (EoI) from engineering, procurement, and construction (EPC) firms to set up a 10 MW grid-connected solar photovoltaic (PV) power ...
Mozambique Seeks Consultants for Feasibility Study of 11 Solar Mini-Grid Projects
The Fundo de Energia (FUNAE), a public institution to promote the conservation, rational and sustainable management of power resources in Mozambique, has issued a request for expression of interest (EoI) ...
AfDB-Managed SEFA Grants $760,000 to Set Up Renewable Projects in Africa
The Sustainable Energy Fund for Africa (SEFA), which is managed by the African Development Bank (AfDB), has approved a grant of $760,000 (₹57.61 million) to Empower New Energy As (EmNEW) ...
AfDB Approves $830,000 to Set Up Green Mini-Grids in the Republic of Guinea
The African Development Bank (AfDB) announced that it had approved a grant of $830,000 (~₹62.95 million) to the Guinean Agency for Rural Electrification (AGER) to help it set up green ...
AfDB Extends €12.46 Million for Expansion of Renewables in an African Island
The African Development Bank (AfDB) announced that it would donate €12.46 million (~₹1.05 billion) to finance the Energy Transition and Institutional Support Program (ETISP) in the Democratic Republic of São ...
AfDB and Others Pledge $160 Million for Improving Energy Access in Africa
To improve energy access in Africa by using small scale renewable projects and mini-grid projects, the African Development Bank (AfDB), the European Commission, KfW, the Clean Technology Fund, Norfund, and ...
AfDB and Nigeria Launch National Electrification Project to Boost Energy Access
The African Development Bank (AfDB) and the Government of Nigeria announced the launch of their National Electrification Project (NEP), which aims to help improve access to energy by promoting private ...
Sweden’s Azelio Installs Round-the-Clock Energy Storage System in Morocco
Azelio, a Swedish renewable energy storage company, has completed installing a renewable energy storage system with round-the-clock clean power production at the Noor Quarzazate solar complex in Morocco. According to ...
IFC to Help Burkina Faso Assess Economic Benefits of Solar Energy Storage Systems
The International Finance Corporation (IFC), the financial wing of the World Bank Group, has signed an agreement with Burkina Faso’s Ministry of Energy to assess the economic benefits of private ...
Africa and Middle East Wind Capacity Additions Down 7% in 2019
Africa and the Middle East have added 894 MW of wind power capacity in 2019, down by 7% from the previous year, according to data released by the Global Wind ...
CDC Group has Allocated $10 Million to Boost Solar Power in South Africa and Namibia
CDC Group, a U.K. government-owned financial development institution, has announced that it plans to invest £2 billion (~₹184.41 billion) in African businesses over the next two years to double the ...
AfDB Sponsored Off-Grid Energy Access Fund Successfully Raises $59 Million
The African Development Bank (AfDB) recently announced that the Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) reached its final equity close target of $59 million (~₹4.17 billion) ...
African Development Bank Approves $21.7 Million for Solar Pumps in Sudan
The African Development Bank (AfDB) has approved a $21.78 million (~₹1.54 billion) grant to the government of Sudan to promote the adoption of solar-powered irrigation pumps in the country. The ...
AfDB Extends $153.5 Million for Developing Tunisia’s Power Transmission Network
In a major boost to the Tunisian renewable energy sector, African Development Board (AfDB) has sanctioned €138 million (~$153.5 million) for the Tunisian Company of Energy and Gas (STEG) to ...
Engie Set to Acquire Solar Solutions Provider Mobisol to Expand its Footprint in Africa
The French multinational energy conglomerate Engie has decided to expand its operations in Africa through the acquisition of Mobisol, an off-grid solar solutions company. With the acquisition of Mobisol, Engie ...
Off-Grid Solar Solutions Provider BBOXX Raises $50 Million Funding Led by Mitsubishi
BBOXX, an off-grid solar solutions provider, has raised $50 million (~₹3.58 billion) in a Series D round of funding. Mitsubishi Corporation led the round by investing a significant amount. According ...
