IPP EDF signs power purchase agreements for South Africa’s three wind farms

SOUTH AFRICA – Independent Power Producer (IPP) EDF Renewables, a subsidiary of the Electricité de France (EDF) group, has signed power purchase agreements (PPAs) for Koruson 1 projects, a set of three wind farms in South Africa. As a result, EDF Renewables has signed power purchase agreements with the South African Department of Energy and Mineral Resources in Pretoria. The…

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Saudi Arabia’s ACWA Power invests US$15bn for wind project in Egypt

EGYPT – ACWA Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, has inked a project agreement to develop a 1.1GW wind project in Egypt, at an investment value of US$1.5 billion. The ACWA Power-led consortium, comprising Hassan Allam Holding, will work together during the development phase to complete the site…

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Government of South Africa launches tender for acquisition of solar and wind power

SOUTH AFRICA – The South African government is launching a new tender for the acquisition of 2,600 MW of solar and wind power. The call for expressions of interest is part of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The sixth phase of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) is launched. South Africa’s Department of…

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Rio Tinto breaks grounds on solar-wind hybrid project in Madagascar

MADAGASCAR – Multinational mining giant, Rio Tinto Plc has announced that construction of its 8MW hybrid wind-solar project in Madagascar has begun. The facility will consist of an 8 MW solar generation capacity, 12 MW of wind, and 8.25MW of battery storage and will supply power to Rio Tinto’s QIT Madagascar Minerals (QMM) ilmenite mine in Fort Dauphin, southern Madagascar.…

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Norfund and UKCI fund BEE investments into 700 MW wind portfolio in South Africa

SOUTH AFRICA – Norwegian development finance institution, Norfund, and the UK Climate Investments (UKCI) have announced that they will jointly finance the 40% equity participation of H1 Holdings and Pele Green Energy into a 700 MW portfolio of onshore wind farms in South Africa.  A joint venture of H1 Holdings and Pele Green Energy will invest in wind energy projects…

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Revego Africa Energy invests in 360-MW South African wind portfolio

SOUTH AFRICA – Revego Africa Energy Ltd, a fund manager specializing in the acquisition of operational assets in the renewable energy sector has acquired stakes in three wind farms in the Northern Cape province with a combined capacity of 360 MW from investment fund manager Metier. The transaction includes the Loeriesfontein 2 and Khobab wind farms, each of 140 MW,…

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IPP Lekela Power set to connect its wind farm to Egypt’s national grid

EGYPT – Lekela Power, an Independent Power Producer (IPP), has announced that it is connecting the first part of its West Bakr wind farm to Egypt’s national grid and will eventually have a capacity of 250 MW. This joint venture between the British investment fund Actis and Mainstream Renewable Power is connecting 20 wind turbines from its West Bakr wind…

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Rio Tinto signs renewable energy power purchase agreement in Madagascar

MADAGASCAR – Rio Tinto, Anglo-Australian metals and mining corporation, has signed a power purchasing agreement for a new renewable energy plant to power the operations of its QMM ilmenite mine in Fort Dauphin, Southern Madagascar. The project, which uses solar and wind energy, will significantly contribute towards Rio Tinto’s operations in Madagascar achieving its carbon neutral objective by 2023. The…

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100MW Kipeto wind power commences commercial operations

KENYA – Pan-African developer BTE Renewables and Kenyan-owned renewable developer Craftskills, has announced that Kipeto Energy Plc has completed the Kipeto wind farm, located in Kajiado County South of Nairobi. All of the project’s 60 wind turbines are now producing power to the national grid, making Kipeto Kenya’s second-largest wind power project providing power to the equivalent of approximately 250,000…

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USTDA gives US$1m grant to fund large-scale battery storage feasibility studies in Mozambique and Senegal

MOZAMBIQUE – US Trade and Development Agency (USTDA) has allocated a grant of just under US$1 million to fund feasibility studies for large-scale battery storage projects in Mozambique and Senegal. The large-scale battery storage projects are co-located with wind power in Senegal, West Africa and Mozambique, in southeastern Africa. A grant of just under US1 million was made by USTDA lin…

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