TheSustainable Energy Fund for Africa (SEFA)has approved a reimbursable grant of $1 million toNewAfrica Impact Ltdto prepare two bioenergy plants in Sierra Leone and Ghana that will each output 5 megawatts of electricity and 11 megawatts of heat.
The reimbursable grant will strengthen the project’s...
The French Development Agency (AFD) and the German Development Agency (KfW) are providing 600 million euros in loans and grants for the energy transition in South Africa. This funding is part of a €8.3 billion package pledged at COP26 in Scotland in 2021.
UAE energy company Amea Power will invest in Egypt's nascent green hydrogen and derivatives industry. The company announced a project at the Energy Day on 15 November 2022 at the 27th UN Conference of the Parties on Climate Change (COP27) in Sharm el-Sheikh, Egypt.
The EBRD is increasing its equity stake in Infinity, Egypt’s leading renewable energy developer, through an additional US$ 41.5 million commitment. The EBRD is a current shareholder in the company, having invested US$ 60 million in 2020.
Alongside the remaining original amount, the US$ 41.5 million...
Egypt boasts a fast growing renewable energy industry. And, with significant potential to develop the sector even more, the country can add even more value to its economy and accelerate its green transition.
The European Bank for Reconstruction and Development (EBRD) has been and will...
Renewables are the backbone of the energy transition and a viable climate solution. Yet out of the 183 parties to the Paris Agreement with renewable energy components in their Nationally Determined Commitments (NDCs), only 143 have quantified targets with the vast majority focusing on...
GE Gas Power andShellGlobal Solutions, a pioneer in liquefied natural gas (LNG) for more than 50 years, announced today they have signed a development agreement to pursue potential pathways aiming to reduce the carbon intensity of Shell’s LNG supply projects around the world. With...
Equinor has signed an agreement to buy BeGreen, a leading solar project developer in North-West Europe. The acquisition strengthens Equinor’s capabilities and portfolio within solar PV.
“BeGreen represents an important building block to our industrial renewables position in Europe, in line with our ambition to...
Shell Deutschland GmbH, a wholly owned subsidiary of Shell, has completed its 100% acquisition of SBRS GmbH, a wholly owned subsidiary of Schaltbau Holding AG, a leading provider of charging infrastructure solutions for commercial electric vehicles.
The acquisitionannounced in Augusthas now received all necessary regulatory...
Chariot Limited, the Africa focused transitional energy company and Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, is planned launch feasibility studies in order to co-develop the “Nour Project”, a large-scale green hydrogen project to be located in Mauritania.
The construction of the 58 MW Stępień solar plant in Poland is completed, and the plant is ready for operation. Stępień was developed and will be operated by Wento, Equinor’s 100% subsidiary.
In 2021, Equinor bought the Polish solar developer Wento and its pipeline of...
Independent Power Producer (IPP) EDF Renewables, a subsidiary of the Electricité de France (EDF) group, has signed power purchase agreements (PPAs) for three wind farms in South Africa. These installations will inject 420 MW into the grid of the state-owned Eskom company.
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