Renewables

Aggreko acquires Younicos for green energy future

AggercoScottish temporary power firm Aggreko announced the takeover of German-US based Younicos, a move that is aimed at reducing the energy cost to Aggreko’s customers and bringing about a reliable and green power to the international market

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USTDA supports geothermal project development in Zambia

maxpixel.freegreatpicture.com Geothermal Energy Chile Geyser Andes Water Vapor 970440The US Trade and Development Agency (USTDA) has signed a US$1.5mn grant with Kalahari GeoEnergy Limited, a Zambian geothermal development company, for a feasibility study supporting the development of a 10-20 MW geothermal power plant

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AfDB grants US$23.25mn for Liberia’s renewable energy sector

LiberiaThe AfDB has granted Liberia US$23.25mn through the Climate Investment Funds (CIF) for the construction of a 9.8MW hydropower plant at Gbedin Falls on the Mano River, with an aim to transform the renewable energy sector in the country

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“MEA to have 40GW of wind-power capacity by 2026”

MAKE ConMAKE consulting has recently reported that the wind-power capacity in the Middle East and Africa (MEA) region amounted to 676MW in 2016, compared to 682MW in 2015, and has forecasted the region’s capacity to install nearly 40GW of new wind-power capacity from 2017 to 2026

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ENGIE and eleQtra sign an agreement for the development of a wind project in Ghana

Lake Turkana Wind Power Project The largest wind farm project in AfricaThe project is expected to require an investment of approximately US$120mn and to start operations early 2019

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