AfDB to co-finance 50 MW of solar in Burkina Faso
The African financial institution plans to help Burkina Faso electrify Northern Dorsal Africa through solar power plants alongside with smaller projects such as solar pumps and lamps in rural areas.
World Bank finances Niger’s off-grid solar initiative with $50 million
The funds, provided by the International Development Association (IDA), will finance a project aimed at increasing access to electricity in rural and semi-urban areas of the Republic of Niger.
Lesotho secures grant from AfDB to launch 20 MW solar project
If built, the solar facility would be the country’s first large-scale PV power plant and would contribute to 13% of its maximum system demand.
World Banks provides $150 million for off-grid solar in Kenya
The funds will be used to bring solar power solutions to the country’s under served northeastern counties.
Chad’s first large-scale PV project receives financial support from AfDB
The 32 MW Starsol Solar PV plant will be the first independent power producer project to be connected to the national grid.
Zambia receives $34.8 Million from German KfW
The funding is to be used to implement a Renewable Energy Feed-in Tariff (REFiT)-Strategy. Zambia aims to attract investors to overcome the energy crisis and to generate power sustainably.
Kenya’s newly signed 160 MW of solar PPAs: expensive?
Kenya signed this month PPAs for 160 MW of new solar PV plants at a price of US$0.12 per kWh. The price has sparked controversy.
IFC finances Mozambique’s first solar plant with $55 million
The 40 MW project, which is being developed by Norwegian developer Scatec along with investment fund KLP Norfund Investments, is the country’s first large-scale solar facility.
Israel’s Energiya Global to build Liberia’s first 10 MW plant; invest $1 billion to African PV
Liberia’s president has inked a deal with Israel’s Energiya Global that will see the Israeli company developing the African country’s first ever solar plant, a 10 MW PV facility. However, Energiya Global has even greater plans in Africa.
Botswana’s power utility seeks partner to build 100 MW solar park
The Botswana Power Corporation has issued an Expression of Interest to select a partner for the creation of an IPP joint venture company. Cooperation proposals must be submitted by June 14.
