Italian independent power producer (IPP) Building Energy has signed an MoU with the New & Renewable Energy Authority (NREA) for two 50MW PV plants in Benban, Upper Egypt, making it the company’s first project in the North African nation
Energy
Abu Dhabi to fund waste-to-energy project in Maldives
The government of Maldives has secured financing of a US$6mn from the Abu Dhabi Fund for Development (ADFD) for a project that will generate energy from waste
Ethiopia Electric Power signs US$120mn power project deal
The Ethiopia Electric Power has signed a US$120mn contract with China Electric Power & Equipment Technology Company (CET) for the construction of the Ethiopia-Kenya Transmission line
World Bank approves US$60mn credit facility for Liberia
The World Bank has approved International Development Association (IDA)’s US$60mn credit that would help Liberia extend affordable electricity services to businesses and households
Eranove to develop Kenié hydroelectric dam in Mali
Eranove has signed a 30-year concession agreement with the government of Mali to finance, develop, build and operate the Kenié hydroelectric dam