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Sun King’s $130mln securitisation deal to fund Kenya’s off-grid solar sector – EQ Mag

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The deal will allow the company to sell its solar products on affordable terms Sun King, a provider of solar energy products for off-grid homes in Africa and Asia, has closed the first Kenyan-Shilling-denominated securitisation deal, injecting $130 million into the East African nation’s off-grid solar energy sector. The four-year deal is issued under Sun […]

Tunisia Can Export Green Hydrogen to Europe by 2020 – EQ Mag

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Tunisia is able to export 6 million tons of green hydrogen to Europe by 2050, said Director General of the Electricity and Energy Transition at the Ministry of Industry, Mines and Energy Belhassen Chiboub. This quantity would represent Tunisia’s share in Europe’s planned imports from the region (Tunisia, Algeria and Libya), a total of 11 […]

Solar Is Cheapest Energy Source Says IEA – EQ Mag

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IEA: new solar projects are the cheapest source of power on a LCOE basis. Substantial cost related to renewables that gets overlooked on a regular basis is the need for storage capacity to offset the intermittency problem. The IEA calculates that on a value-adjusted basis—and with cost assumptions in place—solar comes in at $60 per […]

Largest solar power plant in offing – EQ Mag

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THE Tanzania Electric Supply Company Limited (TANESCO) is tomorrow expected to sign an agreement with Total Energies for construction of the largest solar power plant in the country in Kishapu, Shinyanga Region. Records indicate that completion of the project will make the Kishapu plant among the largest solar power plants in East Africa. Speaking on […]

Africa’s race for transmission investment – EQ Mag

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Efforts to harness wind and solar resources will stall without improved transmission infrastructure. Can Africa turn the corner before it is too late? Solar panels and wind turbines are becoming an increasingly common sight across Africa, as the continent’s green energy revolution gathers pace. But to reap the benefits of an energy system in which […]

Algeria and Uganda to partner in energy sector – EQ Mag

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It is reported that President Yoweri Museveni of Uganda has expressed his willingness to collaborate with the government of Algeria to develop the energy sector in Uganda. A delegation from Algeria, led by their Minister of Energy and Mines, Mr. Mohamed Arkab, visited President Museveni at State House Entebbe to follow up on a memorandum […]