Category: Alternative & Renewable Energy

Nigeria is set to receive US $21m from the United Kingdom and Africa Enterprise Challenge Fund (AECF) to support the deployment of solar generated electricity small businesses in the country. The funds will provide a mix of interest free loans and repayable grants and technical assistance to private sector operators in the solar business. It…

An investment fund focused on the development of renewable energy projects in sub-Saharan Africa, Frontier Energy II, has achieved final close at $227 million. The capital raised so far has been mainly invested in East Africa, but the fund is expected to increase its investments into other countries in sub-Saharan Africa in the medium term….

Rwanda has announced plans to establish a Centre for Nuclear Science and Technology (CNST) within the next five years. Robert Nyamvumba, the Energy Division Manager at the Ministry, revealed the reports and said the government is in talks with Russia’s State Atomic Energy Corporation (ROSATOM) on the development process. Construction Review has reported. “Rwanda envisions…

By Irina Slav There are strong indications that the foremost electric vehicle maker, Tesla, will cut the prices of its solar panels by as much as 38 percent below the national average in a bid to regain ground in the solar market, the New York Times reported today, noting the official announcement will be made…

An American company, Labacorp Power Company America, has expressed interest in developing a 900MW solar project in Zimbabwe. The US-based corporate has applied to the Government, through their local partners Craft Properties (Pvt) Ltd, for the implementation of the gigantic and game-changing project. Construction Review has reported. Craft Properties (Pvt) Ltd founder chief executive, Mr…

Nigeria has launched its first organic waste power-generating plant in the University of Nigeria, the first indigenous university in the country, located South East of the country with the aim of cubing power outages which are frequent and random in the country. The project, which was initiated by the former vice chancellor of the institution,…

South Africa is set to receive the US $300 boost from the Development Bank of Southern Africa (DBSA) and New Development Bank (NDB) after they the signed a loan agreement to facilitate the Greenhouse Gas Emissions Reduction in the Energy Sector Development project in the country. The agreement was reached at the fourth yearly meeting…

While China may be the world’s largest market for electric vehicle sales, Chinese car buyers have a new love affair: pickup trucks. As in the U.S., pickups are ideal for construction, farm, and maintenance companies — but consumers find them very appealing for the horsepower and cargo capacity. Chinese vehicle maker Great Wall Motor Co….

By Tsvetana Paraskova Amid growing global concern about the overuse of plastic, Austria’s oil and gas group OMV and Austrian Airlines have partnered to turn the plastic cups the airline’s passengers have used into synthetic crude that could be later processed into fuels or other plastic products. OMV said on Friday that it had started…

By Vanand Meliksetian The electrification of most industrialized societies has taken off in a big way. In the EU and China government support such as regulations and subsidies are pushing automakers towards alternative technologies which don’t utilize fossil fuels as a source of energy. Also, in North America, despite Trump’s support for the fossil fuel…