Browsing: Power

The formula for developing and financing power projects in Africa has been much the same for many years. A utility procured new generation capacity, a developer built the project, a long-term power purchase agreement created revenue certainty, and some form of sovereign support helped mitigate risk. For this formula to work, reliability, cost and bankability…

British power developer Gridworks recently signed two landmark agreements with the Government of Uganda to begin construction on the Amari Project, widely regarded as Africa’s first independent transmission project to reach this phase. It is a milestone that speaks to the growing momentum behind private-sector participation in grid infrastructure and electricity generation on the continent

Household electricity access improves family welfare. It lights up homes, connects people to information, and makes cooking safer and easier. For communities, electricity keeps hospital lights on and medicine cold. It connects students to the internet and training programs. It powers irrigation systems, commercial farming, and processing plants. It builds digital networks and fuels the…