Renewables: AfDB approves US$1 million grant for renewable energy in Angola

Renewables: AfDB approves US$1 million grant for renewable energy in Angola

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (AfDB) has approved a US$1 million grant to Independent Power Producers (IPP) in Angola to encourage private investment in renewable energy. These funds will be used to establish a one-stop shop unit known as the Energy Project Implementation Support Unit (EPISU) that will work as an enabling environment for IPP/Public-Private Partnership (PPP) projects to improve bankability of projects. Additionally, it will also…

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Africa Energy: Total Eren targets Africa’s power-starved mining sector

(Reuters) – Renewable energy company Total Eren said on Monday it had opened the world’s largest solar-thermal hybrid plant in Burkina Faso, the first of what it hopes will be many projects supplying the African mining industry’s growing need for power.

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Africa Renewables: South Africa Continues to Expand Wind Energy

Two more wind farms have started commercial operation in South Africa this month. With a total capacity of 280 megawatts, the two neighbouring wind farms of Loeriesfontein and Khobab together form the largest single area of wind power plants in the country.

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Global Energy Industry: Renewable Energy Benefits Environment, Economies

Renewable energy, if properly adopted, could create better-paying jobs, improve international trade balances, and promote industrial development around the world, according to a new report from the International Renewable Energy Agency (IRENA) called “econValue – The Socio-economic Benefits of Solar and Wind Energy.”

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