Energy & Power

Leroy-Somer’s AREP+ to improve electrical performance of equipped machines

TAL 044 200kVALeroy-Somer has launched AREP+, an improvement of its auxiliary winding technology for the TAL alternator range

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Africa and Middle East hold 19.2 per cent share in T&D project contract

TD projectComparing contracts activity in T&D project segment in different regions of the globe, the Middle East and Africa held five contracts and a 19.2 per cent share during December 2019, according to GlobalData’s power industry contracts database

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AfDB approves US$8.91mn grant for Ruzizi IV Hydro Power Project

Ruzizi hydroThe African Development Bank (AfDB) has approved a US$8.91mn grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support Ruzizi IV Hydropower Project, to be situated on the Ruzizi River between Rwanda and Congo

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AfDB-sponsored off-grid energy access fund reaches final equity close

renewable sustainableThe Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) has reached final equity close with US$59mn in committed equity capital and US$36mn debt facilities, to support innovative, off-grid energy access companies

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AfDB’s US$20mn investment in Metier Fund for renewable energy programme

AfDB MetierThe African Development Bank (AfDB) has approved a US$20mn investment in the Metier Sustainable Capital International Fund II, which channels funds to renewable energy and resource-efficient infrastructure projects across sub-Saharan Africa

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