Egypt is advancing its renewable energy goals by launching the construction of a massive $10 billion wind farm in March 2026. This project, set to be one of the world’s largest, aims to generate 10 gigawatts of power by 2032. The wind farm, a collaborative venture between Egyptian firm Infinity and Abu Dhabi’s Masdar, faced initial delays due to land acquisition challenges in the Upper Egyptian region of West Sohag. However, as reported by Bloomberg,
British International Investment Plc (BII), the UK’s development-finance arm, is embarking on its first renewable energy project in Tanzania. According to Nick O’Donohoe, CEO of BII, the firm has agreed to initially lend $15 million to Meridiam SAS’s Rift Valley Energy for the development of 7.6 megawatts of wind and small-scale hydro projects. This investment could potentially increase to $25 million. “These new installations will provide electricity to 170,000 consumers, many of whom were previously
The United States is supporting Angola’s transition from an oil-dependent economy to a hub for critical minerals processing and clean power exportation, according to a senior US official. “Angola and the United States are aligned on all the major points related to energy access, energy security, decarbonization, and critical minerals,” stated US Assistant Secretary of State for Energy Resources Geoffrey Pyatt during an online media briefing on Tuesday. Angola, a leading crude oil producer in
Ghana has initiated a major solar energy project which would utilize solar and hydro resources. The project stands as one of a kind in the sub-region of West Africa and is intended to supply at least 10% of the country’s power once fully actualized. Despite its promise to lessen the usage of fossil fuels, the project has caused controversy and sparked worries about potential environmental effects. Ghana has launched West Africa’s largest floating solar PV
German cooperation and the European Union, through the KFW program, have pledged to disburse €68 million (about $74 million) to Mozambique to promote electrification projects in off-grid areas using renewable energy. The announcement was made by German Ambassador Ronald Münch during the reveal of upcoming renewable energy auctions for private operators. Münch stated, “German cooperation and the European Union are providing a grant of €68 million for the implementation of renewable energy programs. This initiative
Hisham Ezz Al-Arab, Chairperson of the Commercial International Bank of Egypt (CIB), announced that the bank has been actively financing various new and renewable energy projects in Egypt. The bank aims to help achieve the target of 30% renewable energy by 2030, focusing on electricity generation from solar and wind sources. Ezz Al-Arab also mentioned that other countries, like Kenya and Tanzania, are incorporating geothermal e nergy into their energy mix. The total financing volume
Nigeria’s Rural Electrification Agency is partnering with Husk Power Systems for interconnected minigrids and isolated minigrids, rooftop commercial and industrial (C&I) solar, productive use of energy (PUE) initiatives, appliance sales, and financing. The Rural Electrification Agency (REA) of Nigeria and Husk Power Systems have agreed on a strategic partnership to deploy up to 250 MW of decentralized renewable energy (DRE) projects in support of the government’s energy access, energy transition, and energy security targets. The
TE H2, a joint venture between TotalEnergies and EREN Groupe, along with Austrian electric company VERBUND, have signed a memorandum of understanding (MoU) with Tunisia to explore the development of a substantial green hydrogen project named H2 Notos. The H2 Notos project aims to produce green hydrogen using electrolysers powered by large onshore wind and solar projects, utilizing desalinated seawater. The green hydrogen produced will be exported to Central Europe. Initially, the project is expected
The municipality of Luena in Moxico province has launched a 25.3 megawatt Solar Photovoltaic Park, now operational and capable of serving more than 171,000 consumers. This new installation, costing over 36 million euros, features 43,680 solar panels. It is expected to save the province approximately 19.5 million liters of fuel annually and prevent the emission of more than 68 tons of carbon dioxide each year. With the new park, Moxico gains an additional source of
The Luena Solar-Photovoltaic Energy Park in Moxico, with an installed capacity of 25.3 megawatts peak (MWp) and the potential to supply electricity to 59,463 customers, was officially activated on Friday last week. This project is part of the Angola 2025 Plan, a government initiative aimed at diversifying the country’s energy mix and ensuring that 82 percent of the rural population has access to electricity. According to a statement from the Ministry of Energy and Water,
