Renewables

Acwa Power reaches financial close for three solar PV projects in Egypt

ACWA EgyACWA Power has reached financial close of the three solar PV projects worth US$190mn under Round 2 of Egypt Feed-in-Tariff program II, with an aggregate capacity of 165.5MWp

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AfDB achieves 100 per cent investment in green energy projects in 2017

AfDB GEThe African Development Bank (AfDB) has achieved a 100 per cent investment in renewable energy in 2017, a major achievement in its commitment to clean energy and efficiency

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The President of Sierra Leone inaugurates solar park in Freetown

FreetownDr Enest Bai Koroma, President of Sierra Leone, has inaugurated six megawatt solar park project in Freetown, aiming to provide a substantial access to clean renewable and sustainable electricity to both urban and western rural districts around the capital city

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Sonatrach and Eni join hands to strengthen solar energy production in Algeria

solar1 NREL flickrThe chairman and general director of Sonatrach Abdelmoumen Ould Kaddour and Eni CEO Claudio Descalzi have signed a Memorandum of Understanding (MoU) in Algiers for the development of a partnership in the renewable energy sector


TheMoU aims at identifying, in Sonatrach’s productive sites, areas in which to build solar power production units, performing the feasibility studies in the selected sites, and elaborating the business model for the projects to be developed.

The meeting was also the occasion to assess the ongoing partnership between Sonatrach and Eni, marked by a long-term cooperation in the hydrocarbon sector in Algeria.

Ould Kaddour said, “Sonatrach wants to strengthen its partnership with Eni also in the Upstream, petrochemicals, R&D and marketing sectors, and we are open to all collaboration proposals.”

Descalzi also stated, “Today we confirm our engagement in promoting a sustainable development in Algeria, as an integral part of our energy transition strategy aimed at increasing the use of energy from renewable sources. We also want to intensify our partnership with Sonatrach with new projects, in Algeria as well as abroad”.

Eni has been present in Algeria since 1981 and is credited as the first foreign partner on 38 mining permits. Equity production in the country yields approximately 100,000bpd.

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Khobab and Loeriesfontein wind farms power 240000 homes in South Africa

KhobabSouth Africa’s Loeriesfontein and Khobab wind farms have announced the commencement of their 20-year commercial operations, with a generation capacity of 140MW each

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