The grouping, which includes UAE-based Masdar and Moroccan independent power producer Green of Africa, is planning to begin construction this year. The project is among those realized by the Moroccan Agency for Sustainable Energy, as part of the Noor Solar Plan to develop a minimum 2 GW of capacity by next year.
The African property developer has completed a 1 MW rooftop PV array at an industrial park in Nairobi. The installation is its first solar project in Kenya and part of a planned 30 MW rollout at Tatu City, its new mixed-use development in the capital.
The board of the multilateral development finance institution has approved a $20 million facility to back the deployment of renewables-based minigrid projects in the Democratic Republic of Congo.
At the African Development Bank’s annual meeting, held in Busan, Korea, the bank’s president Akinwumi Adesina announced that, alongside the Green Climate Fund and the Africa 50 investment fund, it plans to support the development of up to 10 GW of solar across the Sahel region.
The Green Climate Fund (GCF) has approved over US$50 million in funding for the development of up to 100 MW of renewable energy projects, primarily solar, in Zambia.
The African Development Bank has committed US$265 million to the development of two solar power plants in Morocco with a total capacity of 800 MW.
Bloomberg’s New Energy Finance’s (BNEF) Autumn 2016 Summit kicked off in London yesterday with African renewable energy development on the agenda. What are the opportunities and obstacles to developing clean power in Africa?
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