Serengeti Energy proudly announces a significant step forward in its commitment to sustainable power generation. With the signing of a Power Purchase Agreement (PPA) with Growthpoint Properties, Serengeti Energy joins South Africa’s first wind-hydro-solar wheeling renewable energy collaboration as the… Read More »Boston hydro in South Africa reaches financial close and commences construction
Fortis Green Renewables, a renewable energy investment firm currently investing out of its Green Fund I, acquired a significant minority stake in Rwaza Hydropower Ltd, a 2.6MW operational run-of-river hydropower plant located in Musanze, Rwanda. Fortis Green Renewables and the… Read More »Fortis Green Renewables acquires 40% stake in Rwaza hydroplant in Rwanda
Kenya Electricity Generating Company (KenGen), Kenya’s state power producer, has launched an international tender for consulting services for the implementation of the 8.6 MW Gogo hydropower redevelopment project. Prequalification bids are invited by 14 February 2024. The consulting services are… Read More »Consulting services sought for upgrading of Gogo hydropower plant in Kenya from 2 to 8.6 MW
In the remote village of Bondo, Malawi, a remarkable economic transformation is underway, driven by the innovative use of Bitcoin mining. This once impoverished community is now witnessing a surge in prosperity and quality of life, a stark contrast to its… Read More »Bitcoin mining at Bondo hydroplant in rural Malawi
Zanaga Iron Ore Company Limited recently announced that a memorandum of understanding has been signed with China Machinery Engineering Corporation (“CMEC”) relating to hydroelectric power solutions for the Zanaga Iron Ore Project in the Republic of Congo and associated funding… Read More »MoU signed for hydropower solutions at Zanaga Iron Mine in Congo
To boost access to clean and reliable energy across Africa, IFC today signed a financing package for the Facility for Energy Inclusion (FEI), a pan-African fund that supports small-scale decentralized renewable energy (DRE) projects, bringing power to Africa’s commercial and… Read More »IFC partners with FEI Fund to boost access to clean and reliable energy in Africa
Technology group Voith is set to supply equipment for the large-scale hydropower plant Caculo Cabaça in Angola, West Africa. The order comprises all electrical and mechanical equipment, including the installation of four Francis turbines with an output of 530 MW… Read More »Voith to supply 4 turbines for Caculo Cabaça in Angola
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $9.72 million grant to scale up the Africa Hydropower Modernisation Programme (AHMP), a one-stop shop that overhauls African hydropower systems to enhance their reliability and flexibility. With this… Read More »AfDB’s SEFA to provide $9.72m to modernise African hydropower fleet
The consortium of EDF (40%), TotalEnergies (30%) and Sumitomo Corporation (30%) announces that it has been selected as strategic partner by the Government of Mozambique and entered into a joint development agreement for the development of the Mphanda Nkuwa hydropower… Read More »Consortium selected for development of Mphanda Nkuwa in Mozambique
In Gabon, the Kinguélé Aval hydroelectric project has received its first disbursement of 81 billion CFA francs. The funding has been raised by four lenders to the project, which is being developed under a public-private partnership (PPP). The financing of… Read More »Four banks disburse €123m for the Kinguélé Aval hydro project in Gabon