Alternative & Renewable Energy – Page 6

Senegal’s emblematic 130 MW Malicounda power project now fully operational

Energy Worth2 years ago2 years ago04 mins

The Malicounda power plant comprises seven 18V50 engines and a steam turbine, combining the advantages of a simple-cycle operation with the high efficiency of a combined cycle plant.

EDFI ElectriFI lends $4.5m to Okra Solar to deploy cutting-edge distributed solar networks in Nigeria

Energy Worth2 years ago2 years ago04 mins

The company is now focusing on the highly strategic Nigerian market. The ambition is to deploy multiple pilot projects and energize more than 30 000+ households in Nigeria in the next 2 to three years.

AMEA Power completes US$1.1 billion deal to deploy 1GW of wind and solar energy in Egypt

Energy Worth2 years ago2 years ago06 mins

The landmark 500MW wind and 500MW solar projects, represent US$1.1 billion of investment into the Egyptian economy and takes the Company’s clean energy portfolio to 2GW in the country.

AMEA Power signs agreement with the Government of Egypt to deploy 1,000MW Green Hydrogen Project

Energy Worth2 years ago2 years ago07 mins

Announced on the sidelines of the 2022 United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, the project will support the long term vision of Egypt to become a hub for green hydrogen production.

AfDB approves $20m for renewable energy in Nigeria

Energy Worth2 years ago2 years ago05 mins

The $20 million cash in Evolution Fund III is a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across the continent over a 10-year period and is expected to contribute to an additional 2,162 megawatt (Mw) of installed renewable power generation capacity.

InfraCredit opens domestic investments to support clean energy

Energy Worth2 years ago2 years ago05 mins

The financing arrangement is an initial transaction under InfraCredit’s Clean Energy Funding Programme.

Africa’s first green hydrogen plant begins trial operations in Egypt

Energy Worth3 years ago3 years ago03 mins

The project partners—which also include green energy firm Scatec, construction firm Orascom and Egypt’s sovereign wealth fund—are testing the electrolyser ahead of an expected FID in 2023.

World Bank to electrify Sub-Saharan Africa with Distributed Renewable Energy

Energy Worth3 years ago3 years ago08 mins

The World Bank with the Multilateral Investment Guarantee Agency (MIGA), the International Finance Corporation (IFC), and other development agencies will promote private investment in distributed renewable energy (DRE) systems to electrify targeted areas quickly and efficiently.

Nigerian Breweries signs $10 million solar deal with CrossBoundary Energy

Energy Worth3 years ago3 years ago04 mins

“We are delighted to be a pioneer in the adoption of solar energy in Nigeria. These additional solar plants will provide a significant portion of our electricity needs and put us well on our way to carbon neutrality.”