The Government of Niger has signed a Memorandum of Agreement (MoA) with Savannah Energy for the development of two solar photovoltaic (PV) projects with a combined capacity of 200 MW.
The solar PV facilities will be constructed within 20 km of the cities of Maradi and Zinder, southern Niger. Each plant will have a generating capacity between 50 MW to 100 MW and is anticipated to avoid an estimated 260,000 tonnes of annual carbon emissions.
The projects are targeted for commercial operation between 2025 and 2026 once the feasibility studies of the planned solar farms are completed. Once operational the solar farms will increase the power generation in the country by 20%.
Multinational renewables developer Gigawatt Global Cooperatief has signed a Memorandum of Understanding with the Economic Community of West African States (ECOWAS) to invest US$1 billion in renewable energy projects in the region.
Read moreInspired Evolution, has successfully exited a number of its renewable energy investments held in its Evolution One Fund portfolio.
Read moreThe Board of Directors of the African Development Bank has approved a financing package of US$100 million, comprising US$80 million loan and US$20 million equity for the rehabilitation of the Kainji and Jebba hydro plants to increase available capacity from the current available capacity of 917 MW to installed capacity of 1,338.4 MW.
Read moreAfrica50, the infrastructure fund for Africa, has signed a joint development agreement for an 80 MW AC solar photovoltaic independent power project in Nigeria
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