AfDB Approves ZAR 3Bn for 100MW Solar Project in SA Updated On Mon, Dec 3rd, 2018 by Saurenergy The solar power project, which is located in the Humansrus Solar Park, Northern Cape Province of SA, is expected to generate 466 GWh/year. African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Project, which is expected to boost South Africa’s (SA’s) energy mix and hasten transition to renewable energy. […] Read more
AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya Updated On Mon, Dec 3rd, 2018 by Saurenergy Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […] Read more
AfDB Okays $1.5 Mn Grant for Nigeria’s On-Grid IPP Solar Procurement Program Updated On Fri, May 11th, 2018 by Saurenergy This program will assist the Nigerian government to achieve its national goal of reaching 75 percent electricity access by 2020 and electrifying unserved and underserved areas. The African Development Bank (AfDB) board has approved the USD 1.5 million grant to support the Nigerian Government’s implementation of phase 1 of the Jigawa 1-GW Independent Power Producer (IPP) solar […] Read more
AFDB Signs Deal With ISA to Propel Solar Development in Africa Updated On Wed, Mar 14th, 2018 by Saurenergy African Development Bank and International Solar Alliance will jointly support technical assistance and knowledge transfer for solar development and deployment in sun-shine rich African countries. In a major boost for its Light up and power Africa initiative, the African Development Bank has entered into partnership with the International Solar Alliance (ISA) to scale up solar […] Read more
African Development Bank Plans to Bring Solar Power to Millions Updated On Sat, Feb 3rd, 2018 by Saurenergy African Development Bank is investing heavily in ways to help the estimated 640 million Africans who lack access to energy as well as protecting them against climate risks. In a significant development, the African Development Bank is unveiling its plan to help connect 29.3 million people in the continent with electricity by 2020. The bank […] Read more
