The African Development Bank (AfDB) said it has achieved a 100 per cent investment in renewable energy in 2017, and recorded a total of 1400 MW of power generation projects from exclusively renewable sources in 2017.
Egbin Power has stated its commitment to fast-track its planned investments into additional gas pipelines, the proposed Floating Storage and Regasification Unit (FSRU) project, and 1800 MW of power generation capacity, along with the deployment of additional renewable energy sources to boost the plant’s productivity.
Siemens has announced that it has signed contracts with the state-owned utility General Electricity Company of Libya (GECOL) to expand Libya’s power generation capacity by around 1.3 GW.
Israel has signed an agreement to join the US-led Power Africa Initiative in Jerusalem on 4 December.
Siemens has signed a Memorandum of Understanding with the Republic of Madagascar to cooperate and identify measures to fast track power generation in the country and work towards increasing capacity by an additional 300 MW by 2019.
Siemens Gamesa Renewable Energy (SGRE) has inaugurated its new wind turbine rotor blade factory in Tangier, Morocco, the first blade plant of a wind turbine manufacturer in Africa and the Middle East.
Symbion Energy and Highland Group Holdings Ltd (HGHL) have signed an agreement under which HGHL will invest $100 million towards the extraction of methane from Lake Kivu, on the border between Rwanda and the Democratic Republic of Congo.
Karpowership Ghana Company Limited has announced the arrival of what it claims is the world’s largest ship-mounted power generation facility, the 470 MW Karadeniz Powership Osman Khan, in Ghana.
The Transmission Company of Nigeria (TCN) has secured $2 billion to rehabilitate national grid infrastructure, and expand its transmission capacities up to 20,000 MW within the next three years.
Mateus Magala, Chairman of Electricidade de Moçambique (EdM), Mozambique’s state-owned electricity company, said that EdM intends to supply power to the whole country by 2030, in a project expected to cost over $16 billion.