Chandigarh: The Punjab Government on Monday decided to build a 7 megawatt (MW) waste to energy plant at Simgauli village in Mohali district, an official statement said. Chief Minister Amarinder Singh gave the go-ahead for the project of building the plant in over 50 acre area under the Build Own Operate (BOO) model, it said. […]
Burkina Faso: African Development Bank approves €48,82 million for Desert to Power Yeleen programme to increase solar generation
The Board of Directors of the Bank has approved a €48,82 million loan to the Government of Burkina Faso for the Yeleen solar plant, intended to boost national power supply. Yeleen, which is to be implemented under the Bank’s Desert to Power ( DTP) Initiative, and which will span a period of five years from […]
South Africa: African Development Bank approves a ZAR 3 billion loan to bolster renewable energy in South Africa
The Board of Directors of the African Development Bank has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Power Project, which is expected to boost South Africa’s energy mix and hasten transition to renewable energy. Located in the Humansrus Solar Park, Northern Cape Province of South Africa, the […]
Kenya: African Development Bank Group approves US$18.17 million for the Kopere Solar Project in Kenya
The African Development Bank Group has approved a US$ 18.17 million senior loan to the 40 MWac (50MWp) Kopere Solar Power Project owned by Voltalia, an international player in the renewable energy sector listed on the Paris stock exchange. The Bank is also in the process of securing a US$ 11.6 million concessional loan from the […]