Inspired Evolution partners Schneider Electric for energy related solutions in Africa

  AFRICA – Inspired Evolution and Schneider Electric have agreed to collaborate on various energy-related solutions for the African region. The partnership will explore these opportunities across identified priority countries, industries, and market segments, through a combination of Schneider Electric’s technical expertise and EaaS solutions with offices across Africa, and Inspired Evolution’s deep networks, business model and financing expertise. The…

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KenGen to add 400MW of geothermal power to the national grid

KENYA – The Kenya Electricity Generating Company (KenGen) has announced a plan to add 400 megawatts (MW) of geothermal power to the national grid in the next five years. The State agency says the output would completely phase out thermal power. Under the project, KenGen will rehabilitate some of its geothermal power plants and upgrade others as it continues with…

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AfDB approves US$180m loan for extension of electricity in rural areas

RWANDA – The African Development Bank (AfDB) has approved two loans amounting to US$180 million to co-finance a major energy project that will extend electricity access to rural areas and reduce greenhouse gas emissions in Rwanda. This follows earlier approval for US$84.2 million from the resources of the African Development Fund (ADF), the concessional window of the Bank Group, for…

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