Masdar Targets 5 GW of Renewables in Three African Countries Updated On Mon, Jan 23rd, 2023 by Saurenergy UAE flagship renewable energy company Masdar has revealed that it has signed agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 GW. Deals were done under ‘Etihad 7’ initiative, a UAE-led initiative that aims […] Read more
AREMI, Renewable Manufacturing Initiative for Africa Launched Updated On Fri, Jan 20th, 2023 by Saurenergy Sustainable Energy for All (SEforALL), the African Climate Foundation, Bloomberg Philanthropies, ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) have together launched the Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE, with an objective step up investment and action for renewable energy development in African countries to scale up […] Read more
African Development Bank to Fund 100 MW Tunisian Solar Project Updated On Tue, Jan 3rd, 2023 by Saurenergy The African Development Bank is playing a critical role in the development of renewable sources of energy in Africa to ensure that the resource-starved region can have access to power while sustaining the natural environment. In a recent development, the African Development Bank Group has approved a $27 million and €10 million loan package to […] Read more
Africa Has EUR 1 Trillion Green Hydrogen Potential: New Study Updated On Mon, Dec 26th, 2022 by Saurenergy A new report has said that harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, enhance global competitiveness and transform access to clean water and sustainable energy. The analysis is commissioned by the European Investment Bank, the […] Read more
World Bank Approves $311 Million for Renewable Energy in West Africa Updated On Fri, Dec 23rd, 2022 by Saurenergy The World Bank has cleared the Regional Emergency Solar Power Intervention Project (RESPITE) for the West African region with an approval of $311 million that will be financed through its agency – International Development Association (IDA). The new project is expected to benefit the existing and prospective power consumers in the participating countries of Chad, […] Read more
South Africa Secures 975 MW of Solar Energy PPAs in 5th Tender Updated On Tue, Dec 13th, 2022 by Saurenergy South Africa seems to be gaining speed on renewables. The country has authorized power purchase agreements (PPAs) for a capacity of 975 MW of renewable energy projects under the ongoing Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The official statement of the government read, “Bid Window 6 asked for new generation capacity of 4,200 […] Read more
Abu Dhabi Exports Office to Finance Solar Facility in West Africa Updated On Mon, Dec 12th, 2022 by Saurenergy Set up by Abu Dhabi Fund for Development for financial purposes, the Abu Dhabi Exports Office (ADEX), will provide loan worth AED92 million ($25 million) to augment the capacity of a solar facility in Togo, West Africa. Towards this goal, ADEX has entered into an agreement with the Ministry of Economy and Finance in Togu […] Read more
IPP Globeleq Signs PPAs for 450 MW Solar Power in South Africa Updated On Fri, Dec 9th, 2022 by Saurenergy Globeleq, the key partner in the Ikamva Consortium, has said that it has reached legal close on six solar energy projects under South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The solar projects total to 450 MW in capacity. Globeleq, the Africa-focused independent power producer (IPP) – is majority partner in the Ikamva […] Read more
