AfrElec - Africa Power Monitor
Nigeria’s TCN needs new grid investment
The Transmission Company of Nigeria has said Nigeria requires nothing less than NGN1 trillion to effectively wheel electricity through the national grid.
AfDB to lend $120mn to build Malagarasi HPP in Tanzania
The African Development Bank have approved a $120mn loan to fund the construction of a 50 MW hydropower plant in Western Tanzania that will provide reliable energy the Kigoma Region.
African utility-scale renewables set for 300% growth
Africa’s renewable energy capacity is set to rise by 300% between 2019 and 2025 as the industry posts six consecutive years of growth.
Enel to invest €70bn in renewables
Enel has announced plans to invest €70bn in renewables until 2030 in a bid to extends its green capacity to 120 GW.
EAIF lends $31mn to Tema regasification scheme
Local content to account for at least 55% of work on NLNG’s Train 7
Nigeria LNG (NLNG) intends to rely on local providers for at least 55% of the work that will be done on the Train 7 expansion project, according to Tony Attah, the managing director and CEO of the consortium.
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