FONSIS, Meridiam and ENGIE to commission two 60 MW photovoltaic power plants

SENEGAL – Sovereign Strategic Investment Fund (FONSIS), Meridiam and ENGIE have announced the commissioning of two photovoltaic power plants in Senegal with a total production capacity of 60 MW. Kahone Solaire SA (35MW) and Kaél Solaire SA (25MW) are located respectively in the regions of Kaolack and Diourbel, in the centre of the country. These plants are part of the Scaling Solar initiative in Senegal, jointly led by the Senegalese authorities and the International Finance Corporation (IFC), which aims to promote investment in solar energy. These are the first electricity…

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ENGIE to carry out the feasibility study on South Africa’s hydrogen valley

SOUTH AFRICA – ENGIE, electric utility company has announced  the signing of an agreement together with South Africa’s Department of Science and Innovation, South African National Energy Development Institute,  Anglo American, one of the world’s leading producers of platinum group metals, and Bambili Energy, the clean energy solutions provider, to carry out a feasibility study to create an “Hydrogen Valley” located on the Bushveld Complex and more broadly around Johannesburg, Mogalakwena and Kwazulu Natal. The first step of the feasibility study, which is carried out by ENGIE Impact, is to…

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ENGIE acquires 40% stake in 100MW Xina Solar One in South Africa

SOUTH AFRICA –  French multinational electric utility company ENGIE has reached an agreement to acquire from Abengoa a 40% equity stake in Xina Solar One, a 100 MW Concentrated Solar plant, as well as 46% of the Operations & Maintenance Company. The plant is equipped with parabolic trough technology and a molten salt storage system that allows for 5.5 hours of energy storage to provide reliable electricity during peak demand. Power is contracted through a 20 years Power Purchase Agreement with state utility Eskom.  Xina Solar One is supplying clean…

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ENGIE mergers its Africa portfolio with MESCAT business unit

AFRICA – French multinational electric utility company ENGIE, has merged its Africa portfolio with the MESCAT Business Unit under the leadership of Sébastien Arbola, Chief Executive Officer of ENGIE MESCATA (Middle East, South and Central Asia, Turkey, and Africa). Sébastien Arbola has also been appointed executive vice-president in charge of Thermal Generation and Energy Supply activities at ENGIE Group level, with effect from February 1, 2021. The expanded business unit MESCATA, with headquarters in Dubai, the UAE, and regional offices throughout the region, will draw onENGIE’s long term presence and experience in the region…

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Competition watchdog approves Greenstreet’s acquisition of Solar Capital De Aar 3

SOUTH AFRICA – Competition Tribunal of South Africa has approved, without conditions, the transaction whereby Greenstreet, through its Stanlib Fund II SPV, will acquire shareholding in Solar Capital De Aar 3 (SCDA 3) from existing shareholders Post-merger, said the regulator, Stanlib Fund II SPV will exercise joint control over SCDA 3. Stanlib Fund II SPV is a private equity investment fund established to acquire a portfolio of infrastructure assets and is ultimately controlled and owned by Stanlib Asset Management, which is, in turn, wholly-owned and controlled by Stanlib, it added. The tribunal…

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Engie, OffGridBox partner to provide green energy, water and wi-fi in Kigali

RWANDA – Engie Energy Access, a subsidiary of French energy company Engie, has signed an agreement with the decentralised clean energy solutions provider OffGridBox to supply electricity, drinking water and wi-fi to households in Kigali, Rwanda. The agreement was initiated by Engie Energy Access, the new flagship of French energy company Engie which now includes Engie Mobisol, Fénix International and Engie PowerCorner. The company which specialises in decentralised renewable energy solutions has agreed to work with OffGridBox, a supplier of containerised systems for drinking water and solar energy. The objective…

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French company, Engie to construct two solar power plants in Burkina Faso

BURKINA FASO – French electricity company, Engie has won a contract to construct two solar power plants with a total capacity of 30MWp in Burkina Faso. The two projects which are located in the Burkina Faaso towns of Koudougou and Kaya will be constructed at a cost of US$73.89 million. The town of Koudougou, in the province of Boulkiemdé will have solar power stations of 20-Megawatt peak (MWp) while Kaya, in the province of Sanmatenga will have solar power stations of 10MWp. According to a report by Afrik21 the projects…

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ENGIE partners with EIB to provide cheap electricity to entrepreneurs

UGANDA – ENGIE, a French multinational electric utility company, is set to provide reliable and cheap electricity to small holders and entrepreneurs in remote villages across Uganda for the first time under a new off-grid solar scheme. ENGIE will do this through its Solar Home System company Fenix International and will partner with the European Investment Bank (EIB), one of the world’s largest financiers of renewable energy. EIB has agreed to provide a US$12.5 million loan to support the deployment of 240,000 high-quality solar home systems in Uganda. “Access to…

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ENGIE achieves milestone with 4 million off-grid connections across Africa

AFRICA – ENGIE Africa has announced that it has successfully accelerated the Access to Energy (A2E) strategy that it launched in 2018. ENGIE has achieved this through the development of its three A2E off-grid energy solution companies: Fenix International, ENGIE Mobisol, and ENGIE PowerCorner. With these three entities, ENGIE Africa underlined that it is bringing decentralised electricity to more than four million people in nine countries; Uganda, Zambia, Kenya, Tanzania, Rwanda, Nigeria, Benin, Côte d’Ivoire, and Mozambique. This growth is in line with the Group’s ambition to reach millions of…

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Kenya’s Superfluid Labs wins ENGIE Challenge at Africa Tech Summit Kigali

KENYA – Superfluid Labs, a data analytics startup, has been named winner of the ENGIE Challenge at Africa Tech Summit Kigali, earning the chance to secure a testing phase with the French utility company. French multinational energy utility company, ENGIE, was confirmed as Gold Sponsor of Africa Tech Summit Kigali, which took place for the third time. The partnership between ENGIE and Africa Tech Summit Kigali offered credit scoring startups with the potential to provide innovative solutions to both existing and future ENGIE customers the chance to pitch on the…

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