The Africa Renewable Energy Fund II has achieved its first close at US$154.93mn, following a joint investment of US$20.86mn from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank (AfDB)
Energy
Wärtsilä and Schneider Electric develop power system reference design
Technology group Wärtsilä and Schneider Electric have developed an end-to-end power system reference design that aims specifically at lithium mine operations where there is no access to a grid supply of electricity
Morocco, IRENA partner to boost renewables and green hydrogen development
The International Renewable Energy Agency (IRENA) and Morocco’s Ministry of Energy, Mines and Environment (MEME) have signed a strategic partnership to boost renewables and green hydrogen development
African Development Bank approves loan of US$99mn for Egypt's electricity sector
The board of directors of the African Development Bank have approved a US$99mn loan to finance the second phase of Egypt’s Electricity and Green Growth Support Programme
Enlit Africa: G3-PLC, a communication technology for the African smart grid
The G3-PLC provides the ability for high-speed and long-range communications across existing powerline grids to ensure they are truly smart