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Total Results : 326

Standard Bank withdraws funding of new coal-fired IPP projects in South Africa

  • 2019-04-18 05:22:02.073173
  • David Flin

Standard Bank has announced that it will not provide funding for two new independent coal-fired power stations in South Africa.

GE to improve energy access in West Africa

  • 2019-04-09 06:52:54.296999
  • David Flin

GE Renewable Energy’s Grid Solutions’ business has announced that it has signed two deals to build energy systems in Benin and upgrade three substations in Cote d’Ivoire.

SinoHydro to invest $214 million in Rwandan hydropower plant

  • 2019-04-04 05:20:19
  • David Flin

SinoHydro of China has announced that it will invest $214 million into the Nyabarongo II Hydropower Plant in Rwanda, boosting the country’s effort to achieve universal access to electricity by 2024.

ZRA reduces water for power generation

  • 2019-03-25 06:12:56.695273
  • David Flin

The Zambezi River Authority (ZRA) has reduced water allocated for power generation at Kariba Hydropower Station due to falling water levels in the lake shared by Zimbabwe and Zambia.

World Bank and AfDB commit $47 billion to finance African climate control projects

  • 2019-03-15 05:45:27.950055
  • David Flin

The World Bank and the African Development Bank (AfDB) have announced that they will commit over $47 billion by 2025 to help African countries tackle the effects of climate change.

GE Renewable Energy awarded $87 million hydropower contract in Cameroon

  • 2019-02-27 04:35:20.023874
  • David Flin

GE Renewable Energy has been awarded a $87 million contract by Nachtigal Hydro Power Company (NHPC) to provide seven 60 MW Francis turbines for the new Nachtigal hydropower plant in Cameroon.

South African Government provides $4.9 billion bailout for Eskom

  • 2019-02-21 04:55:33.314512
  • David Flin

The South African Government has announced that it will give a 69 billion rand ($4.9 billion) cash injection to Eskom over the next three years.

Eranove signs agreement for power plant in Côte d’Ivoire

  • 2018-12-21 04:39:23.910733
  • David Flin

An agreement for the financing, design, construction, operation, and maintenance of the Atinkou power plant near Abidjan, Côte d’Ivoire, has been signed by the Government of Côte d’Ivoire and the Eranove Group.

Tanzania to sign $3 billion power plant deal

  • 2018-12-14 05:46:07.658235
  • David Flin

Tanzania’s President John Magufuli has announced that his Government will sign a deal for the construction of a $3 billion hydroelectric power plant.

Zimbabwe seeks funds to improve power infrastructure

  • 2018-12-03 04:33:40.508836
  • David Flin

A report from the African Development Bank (AfDB) states that Zimbabwe requires $1.2 billion to finance new power projects and repair ageing infrastructure.

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