Solar projects stretching across the Sahel region are expected to connect 250m people with electricity by tapping into the region’s abundant solar resource. The details of the “Desert to Power Initiative” have been outlined as part of the Paris Agreement climate change talks at COP24 in Katowice, Poland this week. [...]
The African Development Bank (AfDB) has approved a senior loan of ZAR3bn ($221m) to the 100MW Redstone Concentrated Solar Power (CSP) Project, which is expected to improve South Africa’s energy mix and accelerate the transition to renewable energy. The solar power project, located in the Humansrus Solar Park, Northern [...]
The African Development Bank (AfDB) has approved $324-million in loan support to two renewable energy projects in Morocco and Côte d’Ivoire that are expected to significantly increase power supplies and boost economic growth in those countries. The loan support is in line with the AfDB’s New Deal on Energy [...]
The German government has provided a €654 million ($800 million) loan for two concentrated solar power (CSP) parks under construction in Morocco’s Ouarzazate region that will have a combined capacity of 350 MW.
Morocco has raised more than $2 billion (1.7 billion euros) for the next phase of a huge Concentrated Solar Power (CSP) project.
Support for the Noor 2 Concentrated Solar Power (CSP) and the Eolien Wind Energy (to be confirmed) programmes, worth 40 and 15 million euros respectively.
In the solar sector, the 160 MW Nour 1 concentrated solar power (CSP) plant in Quarzazate is a prime example of the type of project that will attract investment.
The African Development Bank Group (AfDB) has approved two loans, totaling €176 million (US$216 million) for the second phase of the Ouarzazate Concentrated Solar Power (CSP) project in Morocco.
South Africa's Northern Cape province has one of the highest solar irradiation levels in the world and continues to attract a growing pipeline of concentrated solar power projects.
XiNa is a 100 MW Concentrated Solar Power (CSP) plant using parabolic trough technology and a superheated steam cycle with a storage capacity of 1,650 MWh.
The plan will receive US $660 million from the CIF's Clean Technology Fund (CTF) and is expected to leverage nearly US $5 billion from other donors and private financing.
During the first half of 2012, the African Development Bank (AfDB) approved US$800 million in loans to encourage private investment in Morocco’s growing wind and solar markets.
African Development Bank (AfDB) projects to develop concentrated solar power in Morocco and geothermal energy in Kenya are two of some 20 renewable energy initiatives being covered by Africa Express.
