Case studies

Multiple wind turbines set against a sunset sky
Case studies

BII, AfDB and EBRD support pioneering solar and battery storage project in Egypt with US$ 479 million loan to Obelisk Solar Power  

British International Investment (BII), the UK’s development finance institution and impact investor, the African Development Bank (AfDB) and European Bank for Reconstruction and Development (EBRD) are providing a total of US$ 479.1 million to Obelisk Solar Power SAE, a special-purpose vehicle incorporated in Egypt and owned by Scatec ASA. This financing will support the development of a 1.1 GW solar photovoltaic (PV) power plant […]
Case studies

South Africa’s Overberg: turbo-charging wind power

South Africa’s Overberg project is set to become the continent’s biggest wind farm. As the final contracts are signed, we look at a potential model for the future of clean, low-cost power in Africa In early June this year, the story of renewables in Africa changed. The finalisation of the second stage of the Overberg […]
Case studies

ZEMA Okays Solar Project

ZAMBIA Environmental Management Agency (ZEMA) has given approval to Margam Valley Solar (MVS) Energy Corporation Limited to proceed with the development of its 400 megawatts (MW) of solar power plants in Kalulushi district that will cost over US$650 million. It is estimated that the project will initially start with 200MW and will be fully constructed […]
Case studies

How is GE Vernova incorporating AI in engineering?

A Library of Power Grids: How a Team of Power System Experts Curates Intelligence on Global Electricity Systems Foundational repositories like the ArcGIS Living Atlas of the World and the NOAA’s World Weather Records serve as libraries rich with the critical data used to analyze trends and forecast possible futures by multiple industries across the […]
Case studies

African Development Bank Group and Private Infrastructure Development Group team up to scale-up domestic capital mobilization across Africa

The African Development Bank Group and the Private Infrastructure Development Group have agreed to work together to unlock long-term local currency capital for energy, infrastructure, industrialization, housing and other productive sectors across Africa. The agreement was signed on 14 May at the Bank’s headquarters in Abidjan by Solomon Quaynor, African Development Bank Vice-President for Private […]
Case studies

Decarbonising Africa’s Grid Electricity Generation

The world faces a climate emergency. The emissions from power plants already operating or commissioned have exhausted the carbon budget compatible with keeping warming to 1.5 degrees. Meanwhile, Africa faces a poverty emergency. The proportion of Africans living in extreme poverty (measured by purchasing power parity of $1.90 per day) is falling but population growth […]

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