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11 - 14 JUNE 2019 • LISBON
PROJECT ANNOUNCEMENTS BOOKLET
africa-energy-forum.com PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
Dear Friends,
For the very first time, this year’s Africa Energy Forum (aef) is delighted to provide a platform to recognise power projects which reached Financial Close or Commercial Operation in the last 18 months.
The initiative celebrates over 90 projects within the aef community and celebrates more than 200 project leaders and partners. We would like to say a massive congratulations to the aef community on their project successes and a massive thank you to everyone who contributed to sharing their project information for the booklet.
Such a response demonstrates the continued momentum of Africa’s energy sector, with many additional projects not even listed. We commend your ongoing dedication to ensuing a brighter future for Africa.
Kind regards,
EDITED BY FIONA GLEESON MARKETING MANAGER: AFRICA PORTFOLIO ENERGYNET
Investec Bank - Kathu Solar Park
Energy. 2 In One Place. africa-energy-forum.com africa-energy-forum.com 3 PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET Contents Africa’s Year AFRICA’S YEAR OF LIGHT...... 5 STATISTICS FROM THE LAST 18 MONTHS...... 6 of Light CONGRATULATIONS TO ALL PROJECT LEADERS AND PARTNERS...... 8 PROJECT DIRECTORY...... 14 West Africa...... 14 Southern Africa...... 28 East Africa...... 45 North Africa...... 64 Central Africa...... 69
NORTHERN AFRICA OVER 7400MW
SOUTHERN AFRICA OVER 3200MW
WEST AFRICA CEB Green Energy - Henrietta 2MWp Solar Farm OVER 2000MW
EAST AFRICA OVER 1600MW
CENTRAL AFRICA OVER 1500MW
Energy. 4 In One Place. africa-energy-forum.com africa-energy-forum.com 5 PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
Fuel type capacity: Statistics from the last 18 months 46% 20% 15% 14% 2% 2% 1% Solar Wind Hydro Oil & Gas Biomass Coal Nuclear
PROJECT MILESTONES Largest project Project Breakdown: 33 investment: FROM POWER AFRICA Southern Africa...... 39% PARTNERS SAFI POWER PLANT East Africa...... 32% MOROCCO West Africa...... 18% $2,400,000,000 Project Partners: Northern Africa...... 7% ENGIE, Nareva, Central Africa...... 4% Mitsui
43% of the projects have reached commercial operations
IFC - Bangweulu Solar PV (Scaling Solar Zambia)
Energy. 6 In One Place. africa-energy-forum.com africa-energy-forum.com 7 PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
CONGRATULATIONS TO ALL PROJECT LEADERS AND PARTNERS CONGRATULATIONS TO ALL PROJECT LEADERS AND PARTNERS
• A&O • Alcazar Energy Partners • BBOXX Capital Limited • CMEC • ABB • Aldwych International • Benzel & Partners Investments (Pty) Ltd • Coca Cola Beverages South Africa (Pty) • ABSA • Alfa Laval • Biotherm Energy Ltd • Acciona Energia • Allweiler • Bluemoon Incubator Program • Consolidated Power Projects (CONCO) • Actis • Alston • BNDA • Corexsolar • AFC • Altaaqa Global Energy Services • BNP Paribas • Covington & Burling LLP • AfDB • Alten Africa • BOAD • Craftskills Wind Energy International • Africa50 • Alten Renewable Energy • BPE Partners • DEG • African Development Bank • Amaya Capital • BTSA Netherlands Coöperatie U.A • Denham Capital • African Infrastructure Investment Fund • Anglo Belgian Corporation (ABC) • Buffalo Energy Ltd • Desert Technologies • African Infrastructure Investment • Arab Bank • Building Energy • EAIF Managers (AIIM) • ARC Power Ltd • Burmeister & Wain Scandinavian • East Africa Development Bank • AFXBG GROUP • ARIF Contractor • EBM CIE • Aga Khan Fund Group • ARM • Camco Clean Energy • Efoyta Biomass Pellet • Agence Française de Développement • Asian Infrastructure Investment Bank • Canadian Solar • Eiffage • Airports Company of South Africa • ASN • CDC Group • EKF • AKFED • ATI • CEB (GREEN ENERGY) CO LTD • Ekurhuleni Metropolitan Municpality • Akuo Energy • Attijariwafa • Central Electricity Board • Electricidade de Mocambique (“EdM”) • Al Bilal Group • Banque Atlantique • China Machinery Engineering Corporation • ElectriFI • Al Tawakol Group • Banque Ouest Africaine de Development • Chint Electric • Emerging Power Uganda Limited (EPU) • Albatros Energy Mali (West African Development Bank) • CIGENCO SA • Endeavor Energy
Actis - Kipeto CEB Green Energy - Henrietta 2MWp Solar Farm
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CONGRATULATIONS TO ALL PROJECT LEADERS AND PARTNERS CONGRATULATIONS TO ALL PROJECT LEADERS AND PARTNERS
• Enel Green Power • Genser • Jabil Energy • MicroGen Renewables • Energy Boys Uganda Ltd • GEPF Renewables • JCM Power • Millennium Challenge Corporation • ENGIE • GoldWind • Jinko Solar • Ministério da energia • ENI Tunisia • Greenam Electricity (Pty) Ltd. • Jubilee Holdings • Ministry of Water and Energy of Ethiopia • Enviromental Protection Agency • GuarantCo. • JUNKO Solar • Mitsui • ET Solutions 1 South Africa • H1 Holdings • Karpowership • Mulilo Energy Partners • Europe Arab Bank • Hassan Allam • Kathu LCT Trust • Multiconsult • Fasken • Hogan Lovells • KFW IPEX BANK • Multiconsult UK Ltd • Fieldstone Africa • Honeywell • Khana • NamPower • Finance in Motion/Green for Growth Fund • Ib Voght • KMRI LLC • Nareva • Finnfund • ICCF • Kolektor Turboinštitut (EMEC Works) • National Water and Electricity Company • FIRST CITY MONUMENT BANK LIMITED • ICF DEBT POOL • KP&P Africa B.V Ltd. (NAWEC) • First Place Investments • IDC Zambia • Lereko Metier REIPPP Fund trust • Nedbank • First Rand Bank • IFU • Local Community Trust • Neo Themis • First Solar • Industrial and Commercial Bank of China • MAN Energy • Neoen • FMO • Industrial Promotion Services (Kenya) Ltd • Mangrove • Nile Capital • G7 Renewable Energies (Pty) Ltd • Infinity Solar • Mariner Investment Group • Norfund • GDF Suez Energy International Global • Infraco Africa • Matswani Capital • Norton Rose Fulbright Developments • International Finance Corporation • MelecPowerGen (MPG) • Oesterreichische Entwicklungsbank • GE Capital • Investec Bank Limited • Metier Sustainable Capital • OFID • General Electric • IPS Kenya • METKA • OKA Investments (Pty) Ltd
Greenam - Kokerboom Solar PV Plant Multiconsult - Mount Coffee Hydropower Project
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CONGRATULATIONS TO ALL PROJECT LEADERS AND PARTNERS CONGRATULATIONS TO ALL PROJECT LEADERS AND PARTNERS
• Old Mutual • Sage • Solar Turbines • The Islamic Development Bank for the • OPEC Fund for International • Sandpiper • Solareff Development of the Private Sector Development • Sasol of South Africa • Standard Bank • The Mergence Namibia Infrastructure • OPIC • Scatec Solar ASA • Standard Chartered Bank Trust • PAS Solar Limited • Schneider • Sterling and Wilson • Thebe Renewable Energy Holdings • PGE • SECI-Enerray • STOA • Thirdway Investment Partners • Phoenix Energy • Shapoorji Pallonji Group • Sumitomo Corp • Total Ventures • PIDG • Shearman & Sterling LLP • SWEDFUND • Trade and Development Bank • Power Africa • Siemens • Swicorp • Transnet Retirement Fund • PSW Consulting Engineers • Sinohydro Corporation • Symbiotics • TRYBA ENERGY • Public Investment Corporation (PIC) • Sishen Iron Ore Company Community • Talyeni Investments • Uganda Electricity Transmission Company • Redox Power Solutions Development Trust (SIOC CDT) • TAQA Arabia Limited (UETCL) • Reneswys Solar • Sithe Global Power • TBEA SunOasis • Union investment company • Renewable Energy Performance Platform • SMA inverter • Tech PD • Vantage Capital (managed by Camco Clean Energy) • SN Power • The Biodiversity Consultancy • Vergnet • Request Renewables • Societe Commerciale de Banque • The Emerging Africa Infrastructure Fund • Vestas • Romano Solar Cameroon • The European Investment Bank (EIB) • Vestas Wind Systems • Rural Electrification Agency of Nigeria • Société Générale • The French Agence Française de • Worley Parsons (REA) • Société Nationale d’Électricité and Développement (AFD) • ZESCO Ltd • Rural Electrification Agency Uganda Glencore • The Infrastructure Fund for Africa • ZRW Mechanika
Scatec Solar ASA - Mocuba The Emerging Africa Infrastructure Fund - Akuo Kita Solar
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WEST AFRICA WEST AFRICA
PROJECT NAME: AKUO KITA SOLAR of its 17.6 million people have access to electricity, with this level falling to 15% in rural areas. Project submitted by: The Emerging Africa Infrastructure Fund and FMO This significant thermal power project has added at least 25% to the base-load potential of Country: Mali Mali, created enough power for an estimated 780,000 households and has broken ground Capacity: 50MW for other foreign investments to follow after Mali’s difficult political period. Albatros adopted Fuel type: Solar a proactive approach to social impact, prior to construction, engaging Hawa Dembaya local Total project cost: €78 million community (10,000 people) via a representative forum chaired by the mayor, to understand Project partners: Akuo Energy PIDG companies, The Emerging Africa Infrastructure Fund community needs and required initiatives. Albatros strives to improve living standards and and GuarantCo. Banque Ouest Africaine de Development (West African Development Bank) create opportunities in an underserved region. Albatros’ four CSR pillars are: Healthcare, FMO, Banque Nationale de Development Agricole *EAIF and Banque Ouest Africaine de Water & Sanitation, Education & Training, and Economic Development. Projects include Development were co-arrangers upgrading a local dispensary, creating a maternity facility, provision of a 4x4 ambulance, Financial close date: 17 October 2018 creating a water master plan, installing new boreholes and rehabilitating old boreholes, Commercial operations date: Expected mid-2019 water testing and training. Notables: Akuo Kita is PIDG’s second project in Mali. EAIF arranged a total debt package of €54 million. EAIF itself provided an €18 million senior loan over 15 years and an additional €8 million mezzanine debt element. GuarantCo supplied a €2.3 million Debt Service Reserve Account guarantee. Akuo Kita is one of the largest solar projects in West Africa. It will provide power to the equivalent of 91,000 homes, delivering real progress in a fragile country where 36% live below the poverty line.
PROJECT NAME: ALBATROS ENERGY MALI Project submitted by: African Infrastructure Investment Managers and Albatros Energy Mali Country: Mali Capacity: 90MW Fuel type: Heavy Fuel Oil Total project cost: $140 Million Project partners: African Infrastructure Investment Managers, Redox Power Solutions, African Infrastructure Investment Fund 3, Burmeister & Wain Scandinavian Contractor, Investment Fund for Developing Countries (Denmark), West African Development Bank, The Islamic Development Bank, The Islamic Corporation for the Development of the Private Sector, OPEC Fund for International Development, GuarantCo and Emerging Africa Infrastructure Fund Financial close date: 12 June 2018 Commercial operations date: 1 November 2019 Notables: Albatros power station is a 90 megawatt (MW) heavy fuel oil (HFO) thermal power African Infrastructure Investment Managers (AIIM) - BBOXX station located in western Mali (Kayes), and is Mali’s first independent power producer (IPP’s) to feed into the national grid. Mali is among the world’s 25 poorest countries and only 25.6%
Energy. 14 In One Place. africa-energy-forum.com africa-energy-forum.com 15 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
WEST AFRICA WEST AFRICA
PROJECT NAME: AZURA POWER WEST-AFRICA Project submitted by: FMO Capacity: 459MW Fuel type: Gas Total project cost: $877 million Project partners: FMO, Amaya Capital, Aldwych, AIIM, ARM, CDC, DEG, ICF DEBT POOL. IFC, FMO, Proparco, SWEDFUND, OPIC, EAIF, Firstrand Bank Limited, Siemens Bank, Standard Bank, Standard Chartered Bank,, KFW IPEX Bank, First City Monument Bank Limited. Commercial operations date: 1 May 2018
PROJECT NAME: BRIDGE POWER LPG PROJECT Project submitted by: METKA Country: Ghana Capacity: 200MW Fuel type: LPG/Natural Gas/Diesel Total project cost: $953 Million METKA - Bridge Power LPG Project Project partners: METKA, Early Power Limited Consortium (Endeavor Energy, Sage & General Electric) Financial close date: 13 December 2018 Notables: The scope of the project includes the engineering, procurement, construction and PROJECT NAME: CENPOWER commissioning of a 200 MW power project in combined cycle (CCGT) configuration, located in Tema, Project submitted by: FMO 16 miles east of Accra. The plant will be capable of being fueled by LPG or Natural Gas or Diesel. Country: Ghana The scope also includes extensive infrastructure works for LPG transportation from the Capacity: 325MW nearby Tema refinery and the Tema port as well as LPG storage facilities of 13.600m3. Fuel type: Gas ”We are delighted to have worked with Endeavor to realise the first stage of the 400MW Total project cost: $1.06 billion multi-fuel combined cycle Bridge Power project in Ghana and to implement an innovative Project partners: AFC, FMO, Sumitomo Corp. AIIM, Local shareholders. First Rand Bank, structure of supplier credits to enable full construction of the Project while the sponsors finalize Nedbank, Standard Bank, FMO, DEG, IDC, OFID, EAIF, DBSA. arrangements for permanent financing. This is the third project in Ghana for METKA, the EPC Commercial operations date: Expected early June 2019. Business Unit of MYTILINEOS and demonstrates our continued commitment to deliver to all citizens a future with energy autonomy, always based on the latest technological developments and international best practice. We are proud that we are able to provide sustainable energy solutions worldwide and especially in Sub-Saharan Africa where the needs are so great. (Panagiotis Gardelinos, General Manager of METKA, Business Unit of MYTILINEOS S.A.).
Energy. 16 In One Place. africa-energy-forum.com africa-energy-forum.com 17 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
WEST AFRICA WEST AFRICA
PROJECT NAME: ENERGIZING EDUCATION PROGRAMME Project submitted by: METKA Country: Nigeria Capacity: 9MWp-13MWh-7,5MW Fuel type: Hybrid Total project cost: $38.7 million Project partners: METKA (MYTILINEOS S.A.), Rural Electrification Agency of Nigeria (REA) Financial close date: November 2017 Commercial operations date: expected end 2019 Notables: The Energizing Education Programme (EEP) is a rural electrification initiative by the Federal Government of Nigeria for the development of IPPs for the generation and provision of uninterrupted power supply to 37 universities and 7 teaching hospitals in the country. Phase I is under execution, and METKA Power West Africa is the EPC contractor for 4 universities across the country. More than 9.3 MWp of solar panels & 5,760 battery cells will be installed, making the universities 100% autonomous from the grid (off-grid). The systems will utilize solar PV Panels and battery storage as the primary power sources, with DG used for back-up purposes. Apart from the power generation scope, the provision of street lighting within the campuses for safe, secure and productive learning environments and a training center for the students of each university will be part of the project’s scope. According to the Rural Electrification Agency (REA) of Nigeria, the projected impact of the project in various socio-economic areas will be huge. More specifically: More than 120,000 students & 28,000 staff will have access to uninterrupted power and 156 access roads and 2,850 street lights will be illuminated.
PROJECT NAME: GENSER POWER Project submitted by: Solar Turbines Country: Ghana Capacity: 25MW Fuel type: Natural gas Total project cost: $12 million Project partners: Solar Turbines Financial close date: February 2018 METKA - Energizing Education Programme Commercial operations date: 1 February 2018
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WEST AFRICA WEST AFRICA
PROJECT NAME: PEG AFRICA Notables: A solar home system company that provides rural communities with credit to purchase Project submitted by: Camco Clean Energy solar systems is looking to double its reach after securing an additional US$25m funding. PEG Country: Ghana, Cote d’Ivoire, Senegal Africa’s innovative financing arrangement has so far reached 60,000 homes and businesses in Capacity: 4.3MW Ghana, Cote d’Ivoire and Senegal. Now the Ghana-based company is on track to install a further Fuel type: Solar 60,000 systems, and open a fourth market following a successful Series C funding round. During Total project cost: $25 million the round, the Renewable Energy Performance Platform (REPP) - which is managed by Camco Project partners: Camco Clean Energy, PEG Africa Ltd, Renewable Energy Performance Clean Energy - provided US$1.1m in equity financing. This was matched by Total Ventures, the Platform (managed by Camco Clean Energy), Total Ventures and others venture capital arm of the global integrated energy company , with further commitments from Financial close date: 9 October 2018 existing shareholders. The remaining US$20 million has been provided in the form of debt. Commercial operations date: 9 November 2018 Scaling up PEG’s operations is expected to provide a raft of economic, environmental and health benefits for the region’s rural communities, where off-grid households currently spend up to US$20 per month on kerosene, candles, batteries and phone charging. Through the asset- based financing scheme, PEG’s customers – who lack formal banking services – make small incremental repayments via their mobile phones to acquire, use and finally own the solar device.
PROJECT NAME: POWERING GAMBIA Project submitted by: Karpowership Country: The Gambia Capacity: 36 MW Fuel type: HFO Total project cost: amend to Approximately $60 million Project partners: Karpowership, Government Partner: National Water and Electricity Company Ltd., (NAWEC), MAN, Siemens, ABB, Schneider, Honeywell, Alfa Laval, Allweiler Financial close date: 24 May 2018 Commercial operations date: 2 May 2018 Notables: Most reliable generation source in the country with 95% Availability. Dual Fuel engines that can operate with NG/LNG/HFO. Most competitive all-in cost of electricity providing 60% of electricity of The Gambia Powership has black start and island mode capability.
Camco Clean Energy - PEG Africa
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WEST AFRICA WEST AFRICA
PROJECT NAME: SHS BBOXX NIGERIA PROJECT NAME: SINGROBO HYDROPOWER PROJECT Project submitted by: Camco Clean Energy Project submitted by: Neo Themis, Denham Capital and Hogan Lovells Country: Nigeria Country: Singrobo, Cote d’Ivoire Capacity: 1.75MW Capacity: 44MW Fuel type: Solar Fuel type: Hydro Total project cost: $14.3 million Total project cost: $225 million Project partners: Camco Clean Energy, PAS Solar Limited Renewable Energy Performance Project partners: Hogan Lovells, Themis, AFC, IHE Holding Platform (managed by Camco Clean Energy) ElectriFI Financial close date: March 2019 Financial close date: 4 April 2019 (for the syndicated loan facility) Notables: Hogan Lovells has been advising Themis Advisory with regards to the Notables: PAS Solar Limited, through its subsidiary, PAS BBOXX, is an ongoing solar home construction and the operation of a 44MW hydro power plant in Côte d’Ivoire from the systems (SHS) venture delivering clean energy to isolated communities in northern Nigeria. To development to the financial closing including the negotiation of the project documents. date, developer PAS Solar has installed over 3,500 SHS for households and microenterprises, The project is based at Singrobo-Ahouaty on the Bandama River near the villages of with early-stage funding assistance from the Renewable Energy Performance Platform (REPP), Singrobo and Ahouaty in Côte d’Ivoire. The plant will consist of two main turbines (both managed by Camco Clean Energy. Using technology developed by BBOXX the units are using 22MW vertical Kaplan turbines) and they are expected to create 213GWh/yr. The providing LED lighting and clean power to an estimated 17,500 people. Now, thanks to a $10m project is owned by the AFC, developer Themis and developer IHE Holding. French civil syndicated loan facility co-financed by REPP and ElectriFI, the company is looking to increase engineering construction company Eiffage will build the project. The project made use of the number of installations to at least 35,000. This will bring the total number of people with a bridging loan (supplied by the AFC) to help to speed up development of the project. first-time access to clean electricity through the project to over 150,000. The $10m, 5-year This concept has been devised to fast track construction while final credit approvals are syndicated loan facility was approved in April 2019 and will enable PAS Solar’s expansion plans secured by long term lenders. It is thought that the use of this technique could reduce by crowding-in additional senior lenders. It was designed by REPP and implemented through the time required for the development/construction phase. Hogan Lovells continued Camco Clean Energy, as arranger. So far, REPP has committed $2.2m to the syndication, and support on this project will enable much needed capacity to be supplied into the power a further $3m has been committed by ElectriFI. The remaining $4.8m of the syndication is system in Côte d’Ivoire. available to lenders as an accordion facility.
Neo Themis and Denham Capital - Camco Clean Energy - SHS BBOXX Nigeria Singrobo-Ahouaty Hydropower Project
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WEST AFRICA WEST AFRICA
PROJECT NAME: TAIBA N’DIAYE WIND FARM PROJECT NAME: TOBENE PHASE II Project submitted by: Power Africa Project submitted by: IFC Country: Senegal Country: Senegal Capacity: 158.7MW Capacity: 45MW Fuel type: wind Fuel type: HFO Total project cost: $377 million Total project cost: $35 million Project partners: Power Africa, Vestas, Lekela Power, Actis (UK), Mainstream Renewable Project partners: MelecPowerGen (MPG), IFC, FMO, Emerging Africa Infrastructure Fund Power (Ireland), OPIC, US Africa Clean Energy Financing Facility and World Bank. Financial close date: August 2017 Financial close date: 30 July 2018 Commercial operations date: January 2017 Commercial operations date: 31 July 2019 Notables: Tobene Phase II is the expansion of an existing plant close to Dakar, Senegal. Notables: Power Africa supported the Taiba N’diaye transaction, which is the first wind Following the success of its first phase, the parties agreed to increase the contractual project in Senegal, for three years with assistance on financing, insurance, negotiation, guaranteed capacity under the PPA from 70MW to 105 MW during most of the year and to and land rights issues to the developer. Taiba N’Diaye, will consist of 46 Vestas wind 115 MW at peak hours/peak season. The expansion was completed on time and within budget. turbines, each able to produce 3.45 MW under a full Engineering Procurement and The expansion was made available at a crucial time when delays on other projects had forced Construction contract. Lekela Power and Actis (UK) and a consortium led by Mainstream Senegal to rent emergency diesel at an exorbitant cost. The plant allowed substantial savings Renewable Power (Ireland), acquired co-development rights and sole invest rights in the and demonstrates the importance of supporting thermal plants in countries without base project. Overseas Private Investment Corporation provided both financing and insurance load alternatives. The expansion’s firm power will be key to balance the intermittency of to the project, as well as a grant through the US Africa Clean Energy Financing Facility. renewable projects. Furthermore, its ability to run on gas, combined with the large offshore The World Bank’s Multilateral Investment Guarantee Agency provided political gas discoveries, will help Senegal transition to a low carbon energy mix. risk insurance.
PROJECT NAME: TE POWER Project submitted by: Denham Capital, Endeavor Energy, CDC Group and Power Africa Country: Guinea Capacity: 52MW Fuel type: HFO Total project cost: $121 million Project partners: Endeavour Energy, CDC and OPIC Financial close date: 27 March 2018 Notables: CDC invested USD 39m senior debt to fund the construction of Te Power, a 52MW HFO Plant in Conakry, Guinea. The project sponsor is Endeavour Energy. OPIC is the lender alongside CDC. Te Power is the first DFI-financed IPP in Guinea. As such, it will provide much needed baseload power, reducing power cuts whilst large hydropower plants are being built, IFC - Tobene Phase II and have a demonstration effect for the sector/country.
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SOUTHERN AFRICA SOUTHERN AFRICA
PROJECT NAME: AGGENEYS SOLAR the financing of the project, most of which has been provided by South Africa’s Standard Project submitted by: Power Africa and Denham Capital Bank and PROPARCO. The plant is located in the region of Hardap, in the municipality of Country: South Africa Mariental in the south of the country, 230 km from the capital city, Windhoek. Capacity: 40MW Fuel type: Solar Project partners: Power Africa, Biotherm Energy, South Africa Independent Power Producer Office, ET Solutions 1 South Africa (Pty) Ltd, Canadian Solar, BTSA Netherlands Coöperatie U.A, Thebe Renewable Energy Holdings, Local Community Trust, Nedbank Limited, Vantage Capital and Thirdway Investment Partners Total project cost: $76 million Financial close date: 30 June 2018 Commercial operations date: 30 June 2019 Notables: Biotherm Energy, a Power Africa Partner developed this 40 MW solar PV power plant. Power Africa provided financial and legal advisory support to the South Africa Independent Power Producer Office related to the project guarantee as well as potential funding options. Cumulatively, the latest round of Renewable Energy Independent Power Producer Program Alten Renewable Energy - Alten Solar Power Hardap projects represent generation capacity of over 2,300 MW, a total value of $5 billion in investment that will create 61,000 jobs in South Africa. The site receives an annual GHI of approximately 2328 kWh/m2/year. The project shall utilise Canadian Solar 325W modules and single axis tracking technology. The project will have a contracted capacity of 40 MW PROJECT NAME: BOKAMOSO SOLAR PARK and connect to the Eskom. Project submitted by: Power Africa Country: South Africa Capacity: 67.9MW PROJECT NAME: ALTEN SOLAR POWER HARDAP Fuel type: Solar Project submitted by: Alten Renewable Energy Project partners: Power Africa, Nedbank and South Africa Independent Power Producer Country: Namibia Office Capacity: 45.45MW Financial close date: 31 July 2018 Fuel type: Solar Energy Commercial operations date: 30 November 2020 Total project cost: $69 million Notables: This 67.9MW project was financed partly by Nedbank, a Power Africa partner. Project partners: Alten Africa, NamPower, Mangrove, Talyeni Investments, First Place Power Africa provided financial and legal advisory support to the South Africa Independent Investments, Standard Bank and Proparco. Power Producer Office related to the project guarantee as well as potential funding options. Financial close date: March 2018 Cumulatively, the latest round of Renewable Energy Independent Power Producer Program Commercial operations date: 15 November 2018 projects represent generation capacity of over 2,300 MW, a total value of $5 billion in Notables: The project was awarded to Alten after a long tender process, and as the awarded investment that will create 61,000 jobs in South Africa. bidder, Alten’s role as an IPP has been to manage the development, construction and operation of the 45.45 MW photovoltaic power plant with a surface area of 100 Ha, as well as to secure
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SOUTHERN AFRICA SOUTHERN AFRICA
PROJECT NAME: COPPERTON WIND FARM PROJECT NAME: DROOGFONTEIN 2 SOLAR PARK Project submitted by: Power Africa Project submitted by: Power Africa Country: South Africa Country: South Africa Capacity: 102MW Capacity: 75MW Fuel type: Wind Fuel type: Solar Project partners: Power Africa, Standard Bank and South Africa Independent Power Project partners: Power Africa, NedBank, Barclays Bank and South Africa Independent Producer Office Power Producer Office Financial close date: 20 August 2018 Financial close date: 2 June 2018 Commercial operations date: 30 June 2020 Commercial operations date: 31 June 2020 Notables: This 102MW project was financed partly by Standard Bank, a Power Africa partner. Notables: This 75MW project was financed partly by Nedbank and Barclays Bank, both Power Africa provided financial and legal advisory support to the South Africa Independent Power Africa partners. Power Africa provided financial and legal advisory support to Power Producer Office related to the project guarantee as well as potential funding options. the South Africa Independent Power Producer Office related to the project guarantee Cumulatively, the latest round of Renewable Energy Independent Power Producer Program as well as potential funding options. Cumulatively, the latest round of Renewable projects represent generation capacity of over 2,300 MW, a total value of $5 billion in Energy Independent Power Producer Program projects represent generation capacity of over investment that will create 61,000 jobs in South Africa. Turbines for the project will be provided 2,300 MW, a total value of $5 billion in investment that will create 61,000 jobs in South Africa. by Power Africa partner Vestas.
PROJECT NAME: DYASON’S KLIP 1 PROJECT NAME: DE WILDT SOLAR PARK Project submitted by: Power Africa Project submitted by: Power Africa Country: South Africa Country: South Africa Capacity: 75MW Capacity: 50MW Fuel type: Solar Fuel type: Solar Project partners: Power Africa, Scatec Solar, Norfund, Standard Bank and South Africa Project partners: Power Africa, NedBank, Barclays Bank and South Africa Independent Independent Power Producer Office Power Producer Office Financial close date: 4 November 2018 Financial close date: 31 July 2018 Commercial operations date: 30 June 2020 Commercial operations date: 20 November 2020 Notables: This 75MW project was developed by Scatec Solar, with financing support by Notables: This 50MW project was financed partly by Nedbank and Barclays Bank, both Norfund and Standard Bank, all three of which are Power Africa partners. Power Africa provided Power Africa partners. Power Africa provided financial and legal advisory support to the financial and legal advisory support to the South Africa Independent Power Producer Office South Africa Independent Power Producer Office related to the project guarantee as well as related to the project guarantee as well as potential funding options. Cumulatively, the potential funding options. Cumulatively, the latest round of Renewable Energy Independent latest round of Renewable Energy Independent Power Producer Program projects represent Power Producer Program projects represent generation capacity of over 2,300 MW, a total generation capacity of over 2,300 MW, a total value of $5 billion in investment that will create value of $5 billion in investment that will create 61,000 jobs in South Africa. 61,000 jobs in South Africa.
Energy. 28 In One Place. africa-energy-forum.com africa-energy-forum.com 29 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
SOUTHERN AFRICA SOUTHERN AFRICA
PROJECT NAME: DYASON’S KLIP 2 PROJECT NAME: ENEL PORTFOLIO Project submitted by: Power Africa Project submitted by: Enel Green Power Country: South Africa Country: South Africa Capacity: 75MW Capacity: 700MW Fuel type: Solar Fuel type: Wind Project partners: Power Africa, Scatec Solar, Norfund, Standard Bank and South Africa Total project cost: $1.2 billion Independent Power Producer Office Project partners: Enel Green Power, Nedbank, ABSA, Norton Rose Fulbright, Fasken, Financial close date: 11 May 2018 Request Renewables, Khana and PGE. Commercial operations date: 30 June 2021 Financial close date: 31 July 2018 Notables: This 75MW project was developed by Scatec Solar, with financing support by Notables: First Portfolio with single borrower financing ever closed in the African renewable Norfund and Standard Bank, all three of which are Power Africa partners. Power Africa provided energy market. Size: 700 MW for 1 billion USD total project financing, multi-tranches, including financial and legal advisory support to the South Africa Independent Power Producer Office Mezzanine, Jibar and CPI linked facilities (among the largest deal in Africa) Largest single related to the project guarantee as well as potential funding options. Cumulatively, the borrower transaction since inception of SA REIPPPP Different shareholding structure in each latest round of Renewable Energy Independent Power Producer Program projects represent project company and multi contract approach. generation capacity of over 2,300 MW, a total value of $5 billion in investment that will create 61,000 jobs in South Africa. PROJECT NAME: EXCELSIOR WIND Project submitted by: Power Africa and Biotherm Energy PROJECT NAME: EJUVA ONE AND TWO SOLAR ENERGY Country: South Africa Project submitted by: Investec Bank Capacity: 31.9MW Country: Namibia Fuel type: Wind Capacity: 2 x 5MW Total project cost in: $69 million Fuel type: Solar PV Project partners: Power Africa, Biotherm Energy and South Africa Independent Power Total project cost: $17.4 million Producer Office Project partners: Investec Bank, CIGENCO SA, a wholly owned subsidiary of the JSE listed Financial close date: 23 July 2018 Consolidated Infrastructure Group (CIG), Benzel & Partners Investments (Pty) Ltd (Ejuva One), Commercial operations date: 30 June 2020 OKA Investments (Pty) Ltd (Ejuva Two) and The Mergence Namibia Infrastructure Trust. Notables: Biotherm Energy, a Power Africa Partner developed this 31.9 MW wind plant. Financial close date: April 2018 Power Africa provided financial and legal advisory support to the South Africa Independent Commercial operations date: October 2017 Power Producer Office related to the project guarantee as well as potential funding options. Notables: Investec provided a bridging loan during construction, guaranteed by the major Cumulatively, the latest round of Renewable Energy Independent Power Producer Program shareholder. Post COD, the loan was converted to a limited recourse loan and the guarantees projects represent generation capacity of over 2,300 MW, a total value of $5 billion in investment were released. This reduced the time and costs of implementing the financing, and will allow that will create 61,000 jobs in South Africa. The site receives an annual average wind speed of Investec to fund the other small power projects in Namibia on a similar basis. Investec was 7.8 m/s. The project shall utilise 13 x GW121 2.5MW Goldwind horizontal axis turbines. Turbines able to bank the transactions through adequate risk allocation and mitigation - Investec will have a rotor diameter of 121m and have a hub height of 90m. The project will connect to secured MIGA cover for political risks and breach of contract by Nampower. Eskom’s Vryheid substation at 132 kV and will have a contracted capacity of 31.9 MW.
Energy. 30 In One Place. africa-energy-forum.com africa-energy-forum.com 31 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
SOUTHERN AFRICA SOUTHERN AFRICA
PROJECT NAME: GAROB WIND FARM Project submitted by: Power Africa Country: South Africa Capacity: 135.93MW Fuel type: Wind Project partners: Power Africa, Nedbank and South Africa Independent Power Producer Office ZRW Mechanika - Kamalluddien Parker Financial close date: 31 June 2018 Commercial operations date: 31 June 2018 PROJECT NAME: KAMALLUDDIEN PARKER Notables: This 135.9 MW project was financed partly by Nedbank, a Power Africa partner. Project submitted by: ZRW Mechanika Power Africa provided financial and legal advisory support to the South Africa Independent Country: South Africa Power Producer Office related to the project guarantee as well as potential funding options. Capacity: 500kWp Cumulatively, the latest round of Renewable Energy Independent Power Producer Program Fuel type: Solar projects represent generation capacity of over 2,300 MW, a total value of $5 billion in Total project cost: $1.5 million investment that will create 61,000 jobs in South Africa. Project partners: ZRW Mechanika, Ekurhuleni Metropolitan Municpality Financial close date: 15 June 2021 Commercial operations date: 15 June 2018 PROJECT NAME: GOLDEN VALLEY WIND Notables: Design supply and installation of 5000 units of solar powered 20W 4 led light solar Project submitted by: Power Africa and Biotherm Energy DC kits into informal and peri0urban dwellings and settlements as part of social development Country: South Africa program 18 youth jobs created. Capacity: 117.72MW Fuel type: Wind Total project cost: $223 million PROJECT NAME: KANGNAS WIND FARM Project partners: Power Africa, Biotherm Energy and South Africa Independent Power Project submitted by: Power Africa Producer Office Country: South Africa Financial close date: 1 July 2018 Capacity: 136.7MW Commercial operations date: 30 June 2019 Fuel type: Wind Notables: Biotherm Energy, a Power Africa Partner developed this 117.2 MW wind plant. Power Project partners: Power Africa and South Africa Independent Power Producer Office Africa provided financial and legal advisory support to the South Africa Independent Power Financial close date: 5 June 2018 Producer Office related to the project guarantee as well as potential funding options. Cumulatively, Commercial operations date: 30 June 2020 the latest round of Renewable Energy Independent Power Producer Program projects represent Notables: Power Africa provided financial and legal advisory support to the South Africa generation capacity of over 2,300 MW, a total value of $5 billion in investment that will create Independent Power Producer Office related to the project guarantee as well as potential funding 61,000 jobs in South Africa. The site receives an annual average wind speed of between 7.2- 7.6 options for this 136.7MW wind farm. Cumulatively, the latest round of Renewable Energy m/s. The project shall utilise 48 x GW121 2.5MW Goldwind horizontal axis turbines. Turbines will Independent Power Producer Program (REIPPP) projects represent generation capacity of over have a rotor diameter of 121m and have a hub height of 90m. The project will connect to Eskom’s 2,300 MW, a total value of $5 billion in investment that will create 61,000 jobs in South Africa. Kopleegte substation at 132 kV and will have a contracted capacity of 118 MW.
Energy. 32 In One Place. africa-energy-forum.com africa-energy-forum.com 33 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
SOUTHERN AFRICA SOUTHERN AFRICA
PROJECT NAME: KARUSA WIND FARM PROJECT NAME: KOKERBOOM SOLAR PV PLANT Project submitted by: Power Africa Project submitted by: Greenam Electricity (Pty) Ltd. Country: South Africa Country: Namibia Capacity: 139.8MW Capacity: 10 MW ac Fuel type: Wind Fuel type: Solar PV generation Project partners: Power Africa, Nedbank and South Africa Independent Power Producer Total project cost: $16 million Office Project partners: Greenam Electricity (Pty) Ltd., Jabil Energy (EPC) Financial close date: 31 July 2018 Financial close date: 18 September 2017 Commercial operations date: 30 June 2020 Commercial operations date: 16 December 2018 Notables: This 139.8 MW wind project was financed partly by Nedbank, a Power Africa Notables: Jabil Energy was contracted by Greenam Electricity to provide full wrap Engineering, partner. Power Africa provided financial and legal advisory support to the South Africa Procurement & Construction (EPC) & 5 year Operations & Maintenance (O&M) services for the Independent Power Producer Office related to the project guarantee as well as potential build, operation and maintenance of a 10 MW ac solar PV plant in Keetmanshoop, Namibia. As funding options. Cumulatively, the latest round of Renewable Energy Independent Power licensed Independent Power Producer (IPP), Greenam Electricity will feed the power produced Producer Program projects represent generation capacity of over 2,300 MW, a total value into the Namibian grid according to a 25 year Power Purchase Agreement with NamPower. of $5 billion in investment that will create 61,000 jobs in South Africa.
PROJECT NAME: KONKOONSIES II SOLAR PROJECT NAME: KATHU SOLAR PARK Project submitted by: Power Africa and Biotherm Energy Project submitted by: Investec Bank and ENGIE Country: South Africa Country: South Africa Capacity: 75MW Capacity: 100MW Fuel type: Solar Fuel type: Concentrated solar power Total project cost: $141 million Total project cost: $ 871 million Project partners: Power Africa, Biotherm Energy. Nedbank and South Africa Independent Project partners: ENGIE, Public Investment Corporation, SIOC Community Development Power Producer Office, ET Solutions 1 South Africa (Pty) Ltd & Canadian Solar, BTSA Trust, Lereko Metier, REIPPP Fund trust, Investec Bank Limited, Kathu LCT Trust. Netherlands Coöperatie U.A., Thebe Renewable Energy Holdings, Local Community Trust, Financial close date: 25 May 2016 Nedbank Limited, Vantage Capital and Thirdway Investment Partners Commercial operations date: 21 January 2019 Financial close date: 23 July 2018 Notables: Kathu Solar Park is a 100 MW greenfield Concentrated Solar Power project situated Commercial operations date: 30 June 2019 in the Northern Cape Province, 600 km South West of the Capital city Pretoria. This large CSP Notables: Biotherm Energy, a Power Africa Partner developed this 75MW solar plant. The project project has parabolic trough technology and is equipped with molten salt storage system was partly financed by Power Africa Partner, Nedbank. Power Africa provided financial and legal that allows 4.5 hours of thermal energy storage and thus limits the intermittent nature of advisory support to the South Africa Independent Power Producer Office related to the project solar energy. guarantee as well as potential funding options. Cumulatively, the latest round of Renewable Energy Independent Power Producer Program projects represent generation capacity of over 2,300 MW, a total value of $5 billion in investment that will create 61,000 jobs in South Africa. The site receives an annual GHI of approximately 2313 kWh/m2/year. The project shall utilise Canadian Solar 325W modules and single axis tracking technology.
Energy. 34 In One Place. africa-energy-forum.com africa-energy-forum.com 35 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
SOUTHERN AFRICA SOUTHERN AFRICA
PROJECT NAME: KRUISVALLEI HYDRO PROJECT NAME: MULILO COCA COLA BEVERAGES ROOFTOP SOLAR PV Project submitted by: Power Africa PORTFOLIO Country: South Africa Project submitted by: Investec Bank Ltd Capacity: 4.7MW Country: South Africa Fuel type: Hyrdro Capacity: 10.4MW Project partners: Power Africa, H1 Holdings and South Africa Independent Power Fuel type: Solar PV Producer Office Total project cost: R140million Financial close date: 31 July 2018 Project partners: Investec Bank Ltd, Mulilo Energy Partners, Coca Cola Beverages South Commercial operations date: 30 April 2021 Africa (Pty) Ltd, Romano Solar and Jinko Solar/Canadian Solar (PV Module Supplier). Notables: This 4.7MW hydro project was developed by H1 holdings and funded through Financial close date: 22 March 2019 equity. Power Africa provided financial and legal advisory support to the South Africa Commercial operations date: April 2019 Independent Power Producer Office related to the project guarantee as well as potential Notables: Coca-Cola Beverages South Africa (“CCBSA”), Coca-Cola’s bottling partner in funding options. Cumulatively, the latest round of Renewable Energy Independent Power South Africa, is aiming to have 25% of its electricity powered by renewable sources by 2025. Producer Program projects represent generation capacity of over 2,300 MW, a total value The Project represents the first 10% of this renewable energy target and will be rolled out of $5 billion in investment that will create 61,000 jobs in South Africa. nationwide through rooftop solar photovoltaic units at 11 of its sites totalling 10.4MW. It will produce roughly 18 million kWh per year and will save about 1.32 litres/kWh in water consumption from power that would have been procured from the grid. In addition the PROJECT NAME: MARIENTAL SOLAR PV PLANT Project will realise substantial savings in electricity drawn from the grid, while cutting carbon Project submitted by: Greenam Electricity (Pty) Ltd. emissions by 18,313 tonnes per year. Approximately 40 jobs were created during construction Country: Namibia at any given time and approximately 6 will be created during operations. The Project secures Capacity: 10MW ac electricity supply for Coca Cola mitigating against load shedding risk in South Africa. It also Fuel type: Solar PV generation limits transmission losses (being consumed at the point of generation) and hence increases Total project cost: $16m the energy efficiency of the bottling facility. The transaction is the biggest rooftop solar PV Project partners: Greenam Electricity (Pty) Ltd, Jabil Energy (EPC) portfolio of its kind funded on a limited recourse basis in South Africa by Investec. Financial close date: 18 September 2017 Commercial operations date: 2 December 2018 Notables: Jabil Energy was contracted by Greenam Electricity to provide full wrap Engineering, Procurement & Construction (EPC) & 5 year Operations & Maintenance (O&M) services for the build, operation and maintenance of a 10 MW ac solar PV plant in Mariental, Namibia. As licensed Independent Power Producer (IPP), Greenam Electricity will feed the power produced into the Namibian grid according to a 25 year Power Purchase Agreement with NamPower.
Investec Bank - Ejuva One and Two Solar Energy
Energy. 36 In One Place. africa-energy-forum.com africa-energy-forum.com 37 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
SOUTHERN AFRICA SOUTHERN AFRICA
PROJECT NAME: NGODWANA ENERGY PROJECT PROJECT NAME: OYSTER BAY WIND FARM Project submitted by: Power Africa Project submitted by: Power Africa Country: South Africa Country: South Africa Capacity: 25MW Capacity: 140MW Fuel type: Biomass Fuel type: Wind Project partners: Power Africa, Nedbank, IDC and South Africa Independent Power Project partners: Power Africa, Enel Green Power, Nedbank and South Africa Producer Office Independent Power Producer Office Financial close date: 12 April 2018 Financial close date: 31 July 2018 Commercial operations date: 30 June 2020 Commercial operations date: 30 June 2021 Notables: This 25 MW biomass project was financed partly by Nedbank, a Power Africa Notables: This 140 MW wind project developed by Enel Green Power was financed partly by partner, with the community shareholding being financed by another Power Africa partner, Nedbank, a Power Africa partner. Power Africa provided financial and legal advisory support the IDC. Power Africa provided financial and legal advisory support to the South Africa to the South Africa Independent Power Producer Office related to the project guarantee Independent Power Producer Office related to the project guarantee as well as potential as well as potential funding options. Cumulatively, the latest round of Renewable Energy funding options. Cumulatively, the latest round of Renewable Energy Independent Power Independent Power Producer Program projects represent generation capacity of over 2,300 Producer Program projects represent generation capacity of over 2,300 MW, a total value MW, a total value of $5 billion in investment that will create 61,000 jobs in South Africa. of $5 billion in investment that will create 61,000 jobs in South Africa.
PROJECT NAME: PERDEKRAAL EAST WIND FARM PROJECT NAME: NXUBA WIND FARM Project submitted by: Power Africa Project submitted by: Power Africa Country: South Africa Country: South Africa Capacity: 107.76MW Capacity: 138.9MW Fuel type: Wind Fuel type: Wind Project partners: Power Africa, IFC and South Africa Independent Power Producer Office Project partners: Power Africa, Pele Green Energy and South Africa Independent Power Financial close date: 6 May 2018 Producer Office Commercial operations date: 30 June 2020 Financial close date: 31 July 2018 Notables: This 107.76 MW wind project was financed partly by the IFC, a Power Africa Commercial operations date: 30 June 2020 partner. Power Africa provided financial and legal advisory support to the South Africa Notables: Pele Green Energy, a Power Africa Partner, co-developed this wind project with Independent Power Producer Office related to the project guarantee as well as potential Enel and holds a 30% stake in the project. Power Africa provided financial and legal advisory funding options. Cumulatively, the latest round of Renewable Energy Independent Power support to the South Africa Independent Power Producer Office related to the project Producer Program projects represent generation capacity of over 2,300 MW, a total value guarantee as well as potential funding options. Cumulatively, the latest round of Renewable of $5 billion in investment that will create 61,000 jobs in South Africa. Energy Independent Power Producer Program projects represent generation capacity of over 2,300 MW, a total value of $5 billion in investment that will create 61,000 jobs in South Africa.
Energy. 38 In One Place. africa-energy-forum.com africa-energy-forum.com 39 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
SOUTHERN AFRICA SOUTHERN AFRICA
PROJECT NAME: ROGGEVELD WIND FARM PROJECT NAME: SIRIUS SOLAR PV PROJECT ONE Project submitted by: Power Africa, Covington & Burling LLP and Building Energy Project submitted by: Power Africa Country: South Africa Country: South Africa Capacity: 147 Capacity: 75MW Fuel type: Wind Fuel type: Solar Total project cost: $315 million Project partners: Power Africa, Scatec Solar, Norfund, Nedbank, Standard Bank and Project partners: G7 Renewable Energies (Pty) Ltd, Building Energy, H1 Holdings, PIC, South Africa Independent Power Producer Office Old Mutual Financial close date: 11 April 2018 Financial close date: April 2018 Commercial operations date: 30 June 2020 Commercial operations date: April 2021 Notables: This 75MW solar project was developed by Scatec Solar, with financing support Notables: Roggeveld achieved Financial Close with the lowest electricity tariff to ever close by Norfund, Nedbank, and Standard Bank, all three of which are Power Africa partners. in South Africa for a renewable energy project. Its PPA with Eskom closed at around R0.66/ Power Africa provided financial and legal advisory support to the South Africa Independent kWh ($0.047/kWh or €0.042/kWh at 11 Apr 2019 exchange rates). This was made possible Power Producer Office related to the project guarantee as well as potential funding options. by G7’s optimisation of the site choice and technical layouts to maximise the project’s yield, Cumulatively, the latest round of Renewable Energy Independent Power Producer Program resulting in a net capacity factor in excess of 97% projects represent generation capacity of over 2,300 MW, a total value of $5 billion in investment that will create 61,000 jobs in South Africa.
PROJECT NAME: SEBENZA SUBSTATION Project submitted by: ABB PROJECT NAME: SOETWATER WIND FARM Country: South Africa Project submitted by: Power Africa Capacity: 132 kV Country: South Africa Fuel type: Coal Capacity: 139.4MW Total project cost: $10 million Fuel type: Wind Project partners: ABB, Consolidated Power Projects (CONCO) and PSW Consulting Project partners: Power Africa, Pele Green Energy, Enel Green Power, Vestas and South Engineers Africa Independent Power Producer Office Financial close date: 14 December 2018 Financial close date: 31 July 2018 Commercial operations date: 14 December 2018 Commercial operations date: 31 December 2021 Notables: The Sebenza substation features 38 bays of 132 kilovolt (kV) gas-insulated Notables: This 139.4 MW wind project was co-developed by Pele Green Energy and Enel switchgear (GIS) from ABB, making it the largest installation of GIS at this voltage level to Green Power (among others), both of which are Power Africa partners. Turbines for the be commissioned in Africa. ABB also supplied 132 kV, 275 kV and 400 kV circuit breakers, project will be provided by Power Africa partner Vestas. Power Africa provided financial and surge arresters and point-on-wave controllers that remove electrical transients in the network. legal advisory support to the South Africa Independent Power Producer Office related to the project guarantee as well as potential funding options. Cumulatively, the latest round of Renewable Energy Independent Power Producer Program projects represent generation capacity of over 2,300 MW, a total value of $5 billion in investment that will create 61,000 jobs in South Africa.
Energy. 40 In One Place. africa-energy-forum.com africa-energy-forum.com 41 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
SOUTHERN AFRICA SOUTHERN AFRICA
PROJECT NAME: SOLAR HYBRID PV PLANT FOR BLEOMFOINTEIN INTERNAITONAL PROJECT NAME: WATERLOO SOLAR PARK AIRPORT Project submitted by: Power Africa Project submitted by: Power Africa Country: South Africa Country: South Africa Capacity: 75MW Capacity: 750kWp Fuel type: Solar Fuel type: Solar Project partners: Power Africa, Nedbank, Barclays Bank and South Africa Independent Total project cost: $1 million Power Producer Office Project partners: ZRW Mechanika, SMA inverter, Jinko Solar, Airports Company of Financial close date: 31 July 2018 South Africa Commercial operations date: 20 November 2020 Financial close date: 20 December 2018 Notables: This 75MW solar project was financed partly by Nedbank and Barclays Bank, both Commercial operations date: 20 Decemeber 2018 Power Africa partners. Power Africa provided financial and legal advisory support to the Notables: Microgrid Solution with Fuel Saver control for national keypoint permitting South Africa Independent Power Producer Office related to the project guarantee as well as savings from Solar power with redundancy working with the Generator as well as the grid to potential funding options. Cumulatively, the latest round of Renewable Energy Independent maximise the ROQ. Technologically very good and completed 6 months ahead of schedule Power Producer Program projects represent generation capacity of over 2,300 MW, a total and in budget. value of $5 billion in investment that will create 61,000 jobs in South Africa.
PROJECT NAME: UPINGTON PROJECT NAME: WESLEY-CISKEI WIND PROJECT Project submitted by: Scatec Solar ASA Project submitted by: Power Africa Country: South Africa Country: South Africa Capacity: 258MW Capacity: 32.7MW Fuel type: Solar Fuel type: Wind Total project cost: 328 million Project partners: Power Africa, Standard Bank, Vestas and South Africa Independent Project partners: Scatec Solar, Norfund, the surrounding Community of Upington, and H1 Power Producer Office Holdings Financial close date: 5 April 2018 Financial close date: 10 April 2018 Commercial operations date: 30 June 2020 Commercial operations date: 2019 Notables: This 32.7 MW wind project was financed partly by Standard Bank, a Power Africa Notables: The three projects are situated on adjacent plots, 25 km outside of Upington in the partner. Turbines for the project will be provided by Power Africa partner Vestas. Power Africa Northern Cape. Scatec Solar was awarded preferred bidder status for the Upington project provided financial and legal advisory support to the South Africa Independent Power Producer in the fourth bidding round under REIPPP in in 2015. Commercial operation is expected by Office related to the project guarantee as well as potential funding options. Cumulatively, the the end of 2019. latest round of Renewable Energy Independent Power Producer Program projects represent generation capacity of over 2,300 MW, a total value of $5 billion in investment that will create 61,000 jobs in South Africa.
Energy. 42 In One Place. africa-energy-forum.com africa-energy-forum.com 43 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
SOUTHERN AFRICA EAST AFRICA
PROJECT NAME: ZEERUST SOLAR PARK PROJECT NAME: 2MWP SOLAR FARM HENRIETTA Project submitted by: Power Africa Project submitted by: CEB (GREEN ENERGY) CO LTD Country: South Africa Country: Mauritius Capacity: 75MW Capacity: 2MW Fuel type: Solar Fuel type: Photovoltaic Energy Project partners: Power Africa, Nedbank, Barclays Bank and South Africa Independent Total project cost: $2.1 million Power Producer Office Project partners: CEB (Green Energy) Co Ltd, Corexsolar, Solareff, Central Electricity Board Financial close date: 31 July 2018 Financial close date: 9 October 2017 Commercial operations date: 31 December 2020 Commercial operations date: 4 April 2019 Notables: This 75MW project was financed partly by Nedbank and Barclays Bank, both Notables: The 2MWp Solar Farm is located at Henrietta, Tamarind Falls on an extent of land Power Africa partners. Power Africa provided financial and legal advisory support to the of 19,807 square metres. It is made up of 5900 ground-mounted, monocrystalline photovoltaic South Africa Independent Power Producer Office related to the project guarantee as well as panels of 340Wp each which are connected to 17 multi-string inverters of 415V,103.75 kWac potential funding options. Cumulatively, the latest round of Renewable Energy Independent each. The Solar Farm is expected to export an annual of 3 GWh of green energy to the Power Producer Program projects represent generation capacity of over 2,300 MW, a total National grid at a medium voltage of 22 kV. The project also has a weather monitoring station value of $5 billion in investment that will create 61,000 jobs in South Africa. and a SCADA system to ease the operation and maintenance of the Solar Farm. Real-time weather and energy production as well as detailed parameters at each level of the system are acquired and displayed by the monitoring platform which can be accessed locally or remotely. This allows for the monitoring of the performance of the system as well as the easy localization of any underperforming/faulty section in the system. The 2MWp Solar Farm is the first phase of the project with the second phase being the construction of an 8MWac Solar Farm at Henrietta, Tamarind Falls. The commercial operations date for the second phase is expected to be in the first quadrant of financial year 2020/2021. Power Africa currently is tracking over 900 projects that have the potential to add more than 85,000 MW of power if we can help them get across the finish line.
Andrew Herscowitz, Coordinator, Power Africa
CEB Green Energy - Henrietta 2MWp Solar Farm
Energy. 44 In One Place. africa-energy-forum.com africa-energy-forum.com 45 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
EAST AFRICA EAST AFRICA
PROJECT NAME: ARC POWER RWANDA PROJECT NAME: BANGWEULU SOLAR PV (SCALING SOLAR ZAMBIA) Project submitted by: Camco Clean Energy Project submitted by: Power Africa and IFC Country: Rwanda Country: Zambia Capacity: 3.5MW Capacity: 54MW Fuel type: Solar Fuel type: Solar PV Total project cost: $13 million Total project cost: $60 million Project partners: Camco Clean Energy, ARC Power Ltd, Renewable Energy Performance Project partners: Neoen, First Solar, IDC Zambia, Sterling and Wilson, Shapoorji Pallonji, Platform (managed by Camco Clean Energy) IFC and OPIC Financial close date: 18 February 2019 Financial close date: October 2017 Notables: The first phase of an ambitious scheme to erect a large portfolio of mini-grids Commercial operations date: April 2019 in Rwanda is under way thanks to a £600,000 convertible loan from the Renewable Energy Notables: First utility scale Solar PV project to be commissioned in SSA (excluding SA). First Performance Platform (REPP). The early-stage funding from REPP - which is managed by Solar PV project to reach financial close and COD in Zambia. Lowest cost of Solar PV in the Camco Clean Energy - is critical to enabling developer ARC Power Ltd to progress with its region (USc6 flat for 25 years) when awarded. first four installations. If the initial roll-out is a success, REPP intends to follow on with a larger construction loan to complete the second and wider rollout of the project. Energy from the mini-grids will be offered on a pre-pay, pay-as-you-go basis to off-grid communities currently PROJECT NAME: BATTERY ENERGY STORAGE SYSTEM with no access to clean energy, and who mostly rely on more expensive and polluting sources Project submitted by: Ministry of Energy and Public Utilities (Mauritius) of energy such as kerosene for lighting. The portable and modular mini-grids were developed Country: Mauritius by ARC Power and can each connect between 1000 and 600 households or businesses Capacity: 2.24MW in a village, providing power for lighting and mobile charging, as well as TVs, radios and Fuel type: Electricity other appliances as additional options. The full project is forecast to create 200 jobs during Total project cost: $2.5 million construction and 40 during operation, and will provide clean electricity to nearly 150,000 Project partners: Central Electricity Board (CEB), UNDP and GCF people living off-grid in Rwanda. Financial close date: December 2017 Commercial operations date: September 2018 Notables: Mauritius has an ambitious target of increasing the share of renewable energy in its electricity mix from the current level of 20% to 35% by 2025. Solar PV and wind are contributing to a great extent in achieving this target. However, given the intermittency of supply from these two sources, the grid has to be reinforced so that frequency fluctuations in electricity supply are kept within strict tolerable limits for ensuring good quality of power supply. In that regard, the CEB has already installed 2MW battery energy storage system (BESS) each at two sites, one in the north and one in the central region. The CEB will install another 14MW BESS this year. Coupled with other technical dispositions, 185MW of intermittent power can be injected in the grid which has a peak of about 490MW. Camco Clean Energy - ARC Power Rwanda
Energy. 46 In One Place. africa-energy-forum.com africa-energy-forum.com 47 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
EAST AFRICA EAST AFRICA
PROJECT NAME: BBOXX problems head on and prevail. so this is us three friends facing the problems we see head Project submitted by: African Infrastructure Investment Managers (AIIM) on. Our company Efoyta pellet manufacturing S.C. is tackling problems that affects us now Country: Kenya, Rwanda and DRC and for decades to come. Energy generation from waste materials is a formula that can cure Capacity: Off-grid solar home system the cancers of our society. We wholeheartedly believe that we can actually make a difference. Fuel type: Solar PV so we are writing to you today so that you can be part of the difference. Total project cost: $31 million Project partners: African Infrastructure Investment Managers (AIIM), BBOXX Capital Limited PROJECT NAME: BUFFALO ENERGY ZAMBIA Financial close date: 18 December 2018 Project submitted by: Camco Clean Energy Commercial operations date: 18 December 2018 Country: Zambia Notables: BBOXX in Kenya, Rwanda and the DRC sells solar home system kits and accessories Capacity: 100MW to rural and peri-urban households, utilizing mobile money as the key money collection tool. Fuel type: Solar, biomass, wind Customers purchase access to the solar home system, on a daily, weekly or monthly basis, Total project cost: $50 million using mobile money. The accessories are paid off over a 3 year period, whereafter customers Project partners: Camco Clean Energy, Buffalo Energy Ltd, Renewable Energy pay an energy service fee to BBOXX for ongoing access to the solar home system and backup/ Performance Platform (managed by Camco Clean Energy) maintenance services. BBOXX has connected over 100,000 householders in Kenya, Rwanda Financial close date: 23 October 2018 and the DRC, with expansion plans currently being implemented. AIIM, through it’s African Notables: Buffalo Energy Zambia is a diverse portfolio of renewable energy projects with Infrastructure Investment Fund 3, has invested USD31 million in the 3 countries to catalyse the a combined generating capacity of up to 100MW. Developers Buffalo Energy Ltd was set expansion of the existing BBOXX businesses. up in 2016 to develop small-scale projects to provide low-cost electricity to the southern African country’s rural communities, most of which currently lack reliable access to modern clean energy. The company initially raised seed capital to originate several opportunities and PROJECT NAME: BIOMASS PELLET TECHNOLOGY FOR EAST AFRICA initiate development on the six-project portfolio, which includes grid-connected, captive and Project submitted by: Efoyta Biomass Pellet off-grid schemes employing utility-scale solar PV, biomass, wind and minigrid technologies. In Country: Ethiopia October 2018, they then received a convertible note from the Renewable Energy Performance Capacity: 445MW Platform, managed by Camco Clean Energy. With this investment, the company can now Fuel type: Biomass Fuel fund a further 24 months of operations, and cover the project development expenses to Total project cost: $998,531.46 bring projects to financial close. Once built, the six projects will contribute significantly to Project partners: Efoyta Biomass Pellet, Bluemoon Incubator Program, Enviromental both Zambia’s energy diversification strategy, and its target of 51% energy access in rural Protection Agency, Ministry of Water and Energy of Ethiopia areas by 2030 – which as of 2016 reportedly had an electrification rate of just 3%. Financial close date: 1 November 2019 Commercial operations date: 11 May 2021 Notables: For as long as we could remember things have being going bad; deforestation,population growth, energy shortage, drought, famine, global warming and so on. It’s safe to say our generation has been dealt some bad cards, luckily we’ve been also dealt technological advancements, loads of information and people that want to face the
Energy. 48 In One Place. africa-energy-forum.com africa-energy-forum.com 49 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
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PROJECT NAME: BUFULUBI PROJECT NAME: CEDATE LIMITED Project submitted by: METKA Project submitted by: FMO Country: Uganda Country: Kenya Capacity: 10MWp Capacity: 40MW Fuel type: Solar Fuel type: Solar Total project cost: 11,000,000 Total project cost: $72.1 million Project partners: Emerging Power Uganda Limited (EPU), a Power Purchase Agreement Project partners: FMO, EIB, ICCF and ASN. (PPA) with the Uganda Electricity Transmission Company Limited (UETCL) Financial close date: 22 March 2019 Commercial operations date: Q2 2019 Notables: The 10MWp solar PV project in Bufulubi, Uganda, is owned by Emerging Power Uganda, part of the Tryba Energy Group. This complex project includes design and PROJECT NAME: CENTRAL TÉRMICA DE RESSANO GARCIA S.A. (CTRG) JOINT implementation of a grid connected, Single Axis solar tracking PV plant with associated VENTURE PROJECT Overhead Line (OHL) infrastructure in order to inject produced power directly into the local Project submitted by: Shearman & Sterling LLP and IFC Grid. More specifically, our affiliate METKA EGN offered turn-key services, including design/ Country: Mozambique engineering, construction, transport, civil engineering, assembly, commissioning and start- Capacity: 175MW up of a 10.020 MW DC PV solar project in Bufulubi, Uganda. The project will be connected Fuel type: Gas fired power station to the existing 33KV grid via a new 7KM overhead line. Construction started in Q3 2018. Total project cost: $250 million Project partners: Shearman & Sterling LLP, John Inglis, IFC Financial close date: 2 January 2018 PROJECT NAME: BUJAGALI ENERGY LIMITED Commercial operations date: 27 February 2015 Country: Uganda Notables: Sasol Limited and Electricidade de Moçambique (EDM), on all aspects of the Project submitted by: FMO, IFC, CDC Group and Covington & Burling LLP development and financing of the Central Térmica de Ressano Garcia S.A. (CTRG) joint venture Capacity: 250MW project. The CTRG project is a 175MW gas-fired IPP comprising 18 Wartsila gas engines. EDM Fuel type: Hydro holds a 51% stake in the project, with Sasol holding the remaining 49%. The CTRG project is Total project cost: $306.5 million the first joint venture for the sponsors and Sasol’s first international IPP. The transaction was Project partners: FMO, IFC, FO (as IFC-B Lender), IFC MCPP, AfDB, DEG, Proparco, negotiated during Mozambique’s worst economic crisis since the civil war, underpinned by Covington & Burling LLP and CDC Group. deep currency depreciation, high inflation, severe foreign currency rationing and the discovery Notables: Bujagali Energy Limited (BEL) is the key source of electricity and plays a significant role of US$1.4bn debt which led to the suspension of IMF/donor funding and the downgrade of in the power sector, contributing c.45% of country’s electricity. Leveraging on its deep sector the country’s foreign currency rating to Selective Default. Additionally, CTRG has a massive knowledge and strong relationships, IFC worked with GOU and BEL to devise an innovative development impact for Mozambique’s power sector. The current electricity access rate is approach to refinance BEL’s existing debt to help the country avoid a significant increase in end only 25%. Over 70% of the country’s electricity comes from a single hydropower plant. The user electricity tariffs. CDC invested USD 44m for the refinancing of the Bujagali 250 MW run- plant utilizes domestic gas and solar resources and will diversify the country’s generation mix of-river hydropower project in Jinja, Uganda. The refinancing (together with the tax exemption reducing reliance on hydropower and associated vulnerabilities to climate change. provided as a condition of the refinancing) will result in a 16% decrease in the end-user tariff. This in turn should lead to a 1.3% increase in firms’ economic output and the creation of 30,000 jobs.
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PROJECT NAME: DANGOTE CEMENT TANZANIA PROJECT NAME: JCM SALIMA Project submitted by: Solar Turbines Project submitted by: FMO Country: Tanzania Country: Malawi Capacity: 45MW Capacity: 60MW Fuel type: Natural Gas Fuel type: Solar Total project cost: $25 million Total project cost: $76 million Project partners: Solar Turbines and Aqua Power Project partners: JCM Power, Infraco Africa and FMO Commercial operations date: Q4 2018 Notables: Benefits to Dangote is that it provides baseload reliable dedicated power and 100% capacity utilisation 24 hours per day. It also provides quality of power without frequency/ PROJECT NAME: KIKAGATI voltage fluctuations. There will be affordable power reducing power costs by half and working Project submitted by: FMO capital reduction with payment after 30 days. Benefits to TPDC / Upstream Gas Players is that Country: Uganda there will be a 100% increase in gas use (for power plant and kiln). There will also be stable Capacity: 16MW take or pay contract with annuity revenue and investment in Pressure Reduction Skids (PRS) Fuel type: Hydro from 90 Bar to 30 bar by the off-taker and 4km gas pipeline to be handed over to TPDC. In Total project cost: $84 million addition, there will be improved ROI for upstream gas investments. Benefits to the Community/ Project partners: FMO (MLA), EAIF. Government is that there will be 500+ jobs created per day during construction. Investment in completing construction of local school, USD 50 million investment in new Mtwara, Increase in local council income and conversion of farmland to industrial zone. PROJECT NAME: KIPETO Project submitted by: IFC, Actis and Power Africa Country: Kenya PROJECT NAME: EMERGING POWER UGANDA Capacity: 102MW Project submitted by: TRYBA ENERGY Fuel type: Wind Country: Uganda Total project cost: $335 million Capacity: 10MW Project partners: IFC, Actis, African Infrastructure Investment Managers, Africa Trade Fuel type: Solar PV Insurance Agency, Craftskills Wind Energy International, China Machinery Engineering Total project cost: $10 million Corporation General Electric, Overseas Private Investment Corporation Project partners: TRYBA Energy, Local authorities and Metka EGN Financial close date: December 2018 Financial close date: December 2017 Commercial operations date: December 2020 Commercial operations date: February 2019 Notables: The Kipeto project will be the second largest wind power project in Kenya and Notables: PV plant on a tracker system structure. will supply 100MW of clean energy to the national grid. IFC was an early investor and co- developer in the project and played a critical role in negotiating the PPA, government support and financial documents to build a bankable project. Kipeto has established a community TRYBA ENERGY - Emerging Power Uganda development trust, through which 5% of the wind farm’s dividends will be invested in health, education and other social projects to benefit Kajiado country residents.
Energy. 52 In One Place. africa-energy-forum.com africa-energy-forum.com 53 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
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PROJECT NAME: LAKE TURKANA WIND POWER (LTWP) PROJECT NAME: LUPONDE HYDRO POWER AND RURAL ELECTRIFICATION Project submitted by: Vestas Wind Systems and Power Africa PROJECT Country: Kenya Project submitted by: Power Africa Capacity: 310MW Country: Tanzania Fuel type: Wind Capacity: 2.9MW Total project cost: $680 million Fuel type: Hyrdro Project partners: Aldwych International, KP&P Africa B.V, Norfund, Finnfund, IFU, Sandpiper Total project cost: $5.9 million and Vestas, European Investment Bank, African Development Bank, The Trade and Development Project partners: Power Africa, Rural Energy Agency’s (REA), SIDA and DFID. Banks, East Africa Development Bank, EKF, Standard Bank of South Africa, Nedbank of South Financial close date: April 2018 Africa, Proparco , DEG KFW Bankengruppe, Dutch development bank FMO and EU Africa Commercial operations date: April 2019 Infrastructure Fund. Notables: The Luponde Hydropower project developed two adjacent hydro sites, linked together Financial close date: November 2014 to feed a common point of interconnection with Tanzania’s public utility company (TANESCO). Commercial operations date: September 2018 Power Africa provided advisory assistance through all stages of development on this project, Notables: Faced with energy deficiencies and increasing energy demands to power its which is part of the Rural Energy Agency’s (REA) Mini and micro-grid Results Based Financing growing economy, Kenya is taking a giant leap forward with the Lake Turkana Wind Power (RBF) Program. This project received a $840,000 grant application from REA’s Mini and micro- (LTWP) project, which provides around 15 percent of the country’s electricity capacity when grid Results Based Finance program funded by Swedish International Development Agency and fully operational and up to 30% at night. Located in Loiyangalani District, the wind farm is the United Kingdom’s Department for International Development. The project will be located the largest of its kind in Africa and is the largest single private sector investment in Kenya’s in Njombe district in Njombe Region in Southern Highlands Zone. The project will connect history. Lake Turkana Wind Power not only provides Kenya with much needed green energy, nine villages; five villages are in Luponde Ward and four are in Lungilo Ward. It is expected to but also saves the country more than EUR100 million a year in imported fuel costs and drive result in 1,400 direct connections, and reduce GHG emissions by 6,183,409 tonnes per year. down overall electricity prices for Kenyan consumers and businesses, powering sustainable growth in Kenya. LTWP is owned by Aldwych International, KP&P Africa B.V, Norfund, Finnfund, IFU, Sandpiper and Vestas. LTWP is financed by a consortium of senior and subordinated PROJECT NAME: LUPONDE HYDROPOWER PROJECT lenders specifically: European Investment Bank, African Development Bank, The Trade and Project submitted by: Power Africa Development Banks, East Africa Development Bank, EKF, Standard Bank of South Africa, Country: Tanzania Nedbank of South Africa, Proparco, DEG KFW Bankengruppe, Dutch development bank Capacity: 2.9MW FMO and EU Africa Infrastructure Fund. Fuel type: Hydro Total project cost: $5.9 million Project partners: Power Africa, Rural Energy Agency’s (REA), SIDA and DFID. Financial close date: April 2018 Commercial operations date: 31 May 2019 Notables: Luponde Hydro project will comprise two adjacent hydro sites which were developed simultaneously and have a capacity of 2,900 kW and connect 1,400 customers in Lake Turkana nine Villages. Power Africa provided advisory assistance through all stages of development on this project, which is part of REA’s Mini and Micro grid Results based Financing (RBF) Program funded by SIDA and DFID.
Energy. 54 In One Place. africa-energy-forum.com africa-energy-forum.com 55 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
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PROJECT NAME: MALINDI Notables: The 40 MW plant is located close to the city of Mocuba in the Zambézia Province. Project submitted by: CDC Group The Mocuba project is the first large scale solar plant to be built in the country and represents Country: Kenya an important step in realising Mozambique’s ambition to increase renewable power generation Capacity: 40MW in its energy mix. Commercial operation is expected by the end of 2019. Fuel type: Solar PV Total project cost: $66 million Project partners: Globeleq and CDC Group PROJECT NAME: MUSONDA FALLS Financial close date: 6 May 2019 Project submitted by: Multiconsult Notables: CDC committed USD 32m as Mandated Lead Arranger (MLA) for the construction of the Country: Zambia Malindi 40MW solar PV power plant in South-East Kenya. The sponsor is Globeleq, 70% owned by CDC. Capacity: 10MW The addition of 40MW of solar power to the Kenyan generation capacity supports SDG 7 which Fuel type: Hydropower turbine-generators aims to ensure access to affordable, reliable, sustainable and modern energy for all. Kenya’s Total project cost: $42 million power consumption (166 kWh per capita) is well below the Sub-Saharan average (483 kWh). Project partners: ZESCO Ltd, Multiconsult UK Ltd, Sinohydro Corporation and ZESCO Ltd. Commercial operations date: 28 November 2018 Notables: Musonda Falls is an existing hydropower scheme owned by ZESCO Ltd. The scheme PROJECT NAME: MCC-MALAWI PACKAGE 2B – 132/66KV & 132/33KV is located on the Luongo River approximately 56 km north of the town of Mansa in Luapula SUBSTATIONS (PA/MCA-MW/IDB/WKS/022/2015) PROJECT Province. The scheme was originally conceived as part of Zambia’s rural electrification programme Project submitted by: CHINT Electric Co., Ltd to provide power to the township of Mansa and other small settlements in the area. The scheme Country: Malawi was constructed in stages, the initial stage being commissioned in 1960 with an installed capacity Capacity: 132/66kV & 132/33kV Substations of 2 x 1.0 MW turbine generator units. The scheme was then extended in 1971 with an additional Fuel type: Electricity 1 x 1.0 MW turbine generator unit, together with the construction of a large storage reservoir Total project cost: $16,218,859.68 some 9 km upstream. A further 2 x 1.0 MW turbine generator units were added in 1974 and Project partners: Millennium Challenge Corporation (MCC) 1985 respectively, to give a total installed capacity of 5.0 MW. With an aging power station and Financial close date: September 2018 growing demand, ZESCO commissioned studies on upgrading and rehabilitating this station, Commercial operations date: 20 September 2018 amongst others, which resulted in an EPC contract to expand the station.
PROJECT NAME: MOCUBA Project submitted by: Scatec Solar ASA and IFC Country: Mozambique Capacity: 40MW Fuel type: Solar Total project cost: $76 million Project partners: Scatec Solar, KLP Norfund Investments and Electricidade de Multiconsult - Musonda Falls Mozambique (EDM) Financial close date: 6 March 2018 Commercial operations date: 2019
Energy. 56 In One Place. africa-energy-forum.com africa-energy-forum.com 57 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
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PROJECT NAME: NGONYE - SCALING SOLAR ZAMBIA ROUND 1 PROJECT NAME: PA TECHNICAL Project submitted by: Power Africa Project submitted by: Trade and Development Bank Country: Zambia Country: Uganda Capacity: 28MW Capacity: 9.6MW Fuel type: Solar Fuel type: Hydro Total project cost: $49 million Total project cost: $19.5 million Project partners: Power Africa, Rural Energy Agency’s (REA), SIDA and DFID. Project partners: Trade and Development Bank, Flow Power and KfW Financial close date: 31 December 2018 Financial close date: 2017 Commercial operations date: 18 August 2019 Commercial operations date: 18 June 2018 Notables: Power Africa partner the International Finance Corporation launched the Scaling Notables: The project was implemented on time and within budget. It has huge developmental Solar Program in Zambia, which will be the country’s first grid-connected solar PV plants. impact through job creation, technology transfer and adding power generation in the county. Power Africa Partner Enel Green Power was one of two winning bidders with an astounding $0.0784/kWh bid to develop 28 MW of solar power. Power Africa support included assisting ZESCO Limited, the state owned electricity utility with Power Purchase Agreement negotiations and contributing $2 million to Scaling Solar-Zambia
PROJECT NAME: OFF-GRID ELECTRIC TANZANIA Project submitted by: FMO Country: Tanzania Fuel type: Off-Grid Solar Total project cost: $32.5 million Project partners: FMO – MLA, and Symbiotics. Financial close date: 1 December 2018
International Finance Corporation launched the Scaling Solar Program in Zambia, which will be the country’s first grid-connected solar PV plants. Trade and Development Bank - PA Technical IFC
Energy. 58 In One Place. africa-energy-forum.com africa-energy-forum.com 59 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
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PROJECT NAME: SALIMA SOLAR PROJECT NAME: SINDILA SMALL HYDRO POWER PROJECT Project submitted by: JCM Power Project submitted by: Metier Sustainable Capital Country: Malawi Country: Uganda Capacity: 60MWac / 75MWdc Capacity: 5.25MW Fuel type: Solar PV Fuel type: Hydro Total project cost: $75 million Total project cost: $19.4 million Project partners: InfraCo Africa, FMO, Matswani Capital, JCM Power Project partners: Lereko Metier Sustainable Capital Fund Trust (LMSC), KMRI LLC, Financial close date: Q1 2019 (to discuss) Fieldstone Africa Investment Resources, WK Power,OPIC, KfW (GET FiT programme), Commercial operations date: Q4 2019 (to discuss) Kolektor Turboinštitut (EMEC Works), Metier Fund Investors: Transnet Retirement Fund, IFC Notables: Co-developed by InfraCo Africa, part of the Private Infrastructure Development (International Finance Corporation), PIC (Public Investment Corporation), FMO (Nederlandse Group (PIDG), JCM Power (JCM) and Matswani Capital, the 60MWac Salima Solar project Financierings-Maatschappij voor Ontwikkelingslanden), DEG (Deutsche Investitions- und will be Malawi’s first Independent Power Producer (IPP). The additional equity funding Entwicklungsgesellschaft). required to build the project has been provided by InfraCo Africa, JCM Power and FMO. Financial close date: 30 January 2017 As one of the country’s first commercial-scale solar plants, Salima Solar has considerable Commercial operations date: 18 April 2019 potential for replication; promoting further development of Malawi’s solar resource. By Notables: The development and construction of the Sindila project was challenging for also demonstrating the effectiveness of government regulatory frameworks, the project is multiple reasons, including: expected to increase investor confidence and so facilitate future private and DFI investment (1) the remote location near Bundibugyo in Western Uganda; into Malawi’s energy sector. Construction is now underway on site and the plant is expected (2) the proximity to a national park (the weir is less than 1km from the boundary of the to begin delivering power to Malawi’s national grid in 2019. Rwenzori Mountains National Park); (3) challenging terrain (the penstock descends over 400m in less than 2km, and most of the headrace and the entire weir was constructed with access through a single track path PROJECT NAME: SELENKEI INVESTMENTS LIMITED only); Project submitted by: FMO (4) very strict environmental, social and safety requirements and oversight – with the fund’s Country: Kenya investments premised on IFC Performance Standard and with OPIC as lender and GET Capacity: 40MW FiT programme oversight; and Fuel type: Solar (5) complex land ownership and social aspects. Total project cost: $75.66 million Despite the challenges, the project was ready to synchronise to the grid within the timeliness Project partners: FMO (MLA), EIB, ICCF and ASN. provided in the PPA, achieved the commercial operations date without the need for additional Financial close date: 22 March 2019 equity funding and maintained excellent environmental, social and safety records, including only 2 minor lost time injuries during the entire construction period, and the maintenance of a number of community livelihood projects.
Energy. 60 In One Place. africa-energy-forum.com africa-energy-forum.com 61 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
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PROJECT NAME: SM HYDRO LIMITED PROJECT NAME: SOLAR PV FARM AT SOLITUDE Project submitted by: Power Africa Project submitted by: Ministry of Energy and Public Utilities (Mauritius) Country: Uganda Country: Mauritius Capacity: 6.9MW Capacity: 16MW Fuel type: Hyrdro Fuel type: Solar Energy Total project cost: $15.7 million Total project cost: $20 million Project partners: Power Africa, USAID, Standard Chartered Bank and TDB. Project partners: Voltas Eco Biotech Ltd Financial close date: 31 July 2018 Financial close date: January 2018 Commercial operations date: 2021 Commercial operations date: December 2018 Notables: The SM Hydro Limited project is developing a 6.9 MW run-of-river mini hydropower Notables: In 2017 the Central Electricity Board, the sole power utility in Mauritius, signed plant on the Muyembe River in eastern Uganda under a build, own, operate agreement. The an energy supply and purchase agreement with a private company, Voltas Yellow Ltd, for electricity generated will be transferred to the national grid and sold to Uganda Electricity the purchase of 26GWh electricity annually. The plant capacity is 16MW and is located in the Transmission Company Limited under a 20-year PPA. Power Africa and USAID are providing a northern part of the island which has a very high solar insolation. The project has a unique loan guarantee from Standard Chartered, a Power Africa Partner, to East and Southern Africa feature in that it is helping the sugar cane farmers to have a guaranteed annual income from Trade Bank (TDB, formerly known as “PTA Bank”), which provided an $11 million facility loan their lands over a period of 20 years. These lands were previously under sugarcane cultivation, to SM Hydro Ltd. for this project. The SM Hydro project reached financial close in July 2018 but with the falling price of sugar the farmers were facing numerous challenges to continue and is expected to be commissioned in 2021. with sugarcane cultivation.
Metier Sustainable Capital - Sindila Small Hydro Power Project Solar PV Farm at Solitude
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PROJECT NAME: ADAM PROJECT NAME: BENBAN Project submitted by: METKA Project submitted by: Scatec Solar ASA and Africa50 Country: Tunisia Country: Egypt Capacity: 5.5 MWp - 1.5 MWh - 2.2 MW Capacity: 400MW Fuel type: Hybrid: Solar, Bateries Fuel type: Solar PV Total project cost: $26 million Total project cost: $450 million Project partners: METKA, ENI Tunisia Project partners: Africa50, Scatec Solar and Norfund Financial close date: 12 February 2019 Financial close date: October 2019 Commercial operations date: 9 November 2019 First tranche (65MW) started operation on 18 April 2019 Notables: ADAM hybrid project, involves the installation of a hybrid power plant, consistinf Commercial operations date: End of 2019 of PV, battery system and Energy Management System. The project is located close to Adam Notables: The project entails the construction and operation of six photovoltaic power existing ENI Tunisia facility, fully integrated with it in order for Adam facility to have gas saving plants, developed under the second round of the Egyptian Feed-in Tariff Programme (FiT). by using energy coming from renewable sources. The project’s target is to reduce fuel gas They are amongst the first utility scale projects using bifacial modules which allow to produce consumption up to 50% of the generator thanks to Energy from the ADAM hybrid power electricity from both sides of the panels. They are also the largest contributor to the wider plant. The scope of METKA EGN includes the interconnection to the existing facilities of Benban programme, which is the largest solar park in the world , consisting of 30 plants with ENI Tunisia. Since PV plant installation shall not introduce risks of loss of production of oil & a combined capacity of around 1.5 GW. The partners have entered into a 25-year Power gas for the facility, the energy storage system will be installed to cover power fluctuations Purchase Agreements with the state-owned Egyptian Electricity Transmission Company for of the PV system due to weather variability and avoid sudden load variation on gas turbine. delivery of electricity produced by the plants. The estimated annual 870 GWh of electricity
produced from the plants will avoid about 350,000 tons of CO2 emissions per year and provide energy for more than 420,000 households.
The estimated annual 870 GWh of electricity produced from the plants will avoid about 350,000
tons of CO2 emissions per year and provide energy for more than 420,000 households.
Africa50 - Benban
Scatec Solar ASA - Benban
Energy. 64 In One Place. africa-energy-forum.com africa-energy-forum.com 65 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
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PROJECT NAME: EGYPT NUCLEAR PROGRAM PROJECT NAME: EGYPT SOLAR FIT - NUBIAN SUNS PROGRAM Project submitted by: Shearman & Sterling LLP Project submitted by: IFC Country: Egypt Country: Egypt Capacity: 4800MW Capacity: 750MW Fuel type: Nuclear Fuel type: Solar Total project cost: Not disclosed – multi-billion Total project cost: $820 million Project partners: Shearman & Sterling LLP, George Borovas, Nicholas Buckworth, Iain Elder, Project partners: IFC, Asian Infrastructure Investment Bank, African Development Bank, CDC, Marwan Elaraby, Etienne Gelencser, Mohamed Shelbaya, Patrick Clancy Finnfund, Oesterreichische Entwicklungsbank, Industrial and Commercial Bank of China, Europe Financial close date: 11 December 2017 Arab Bank, Arab Bank and Finance in Motion/Green for Growth Fund , Acciona Energia (Spain), Commercial operations date: Construction is just starting so no operations yet Swicorp (KSA-Bahrain), TBEA SunOasis (China), Alcazar Energy Partners (UAE), Nile Capital Notables: The Egyptian government on the development of the El Dabaa nuclear power (Egypt), SECI-Enerray (Maccaferri Group, Italy), Desert Technologies (KSA), Al Bilal Group (Iraq), plant consisting of four reactor units, with a total capacity of 4800MW. Shearman & Sterling Al Tawakol Group (Egypt), Tech PD (UAE), Phoenix Energy (Lebanon), Infinity Solar (Egypt), Ib advised on all aspects of the program, including supporting the negotiations relating to the Voght (Germany), BPE Partners (Egypt), Shapoorji Pallonji Group (India), TAQA Arabia (Egypt), financing arrangements as well as the contracts for the construction, nuclear fuel, operations Hassan Allam (Egypt). and management, and spent nuclear fuel storage, each of which have unique aspects and Financial close date: 29 October 2017 are nuclear industry firsts.This project is the first ever nuclear power project in Egypt and Commercial operations date: 26 March 2019 represents the largest transaction in the history of the nuclear industry. Notables: IFC spearheaded the financing package for the Nubian Suns program, financing 750 MW of solar PV projects in the Benban Solar Park which has an aggregate capacity of 1,650 MW, making it the largest solar installation in the world. The World Bank supported reforms to Egypt’s electricity sector and provided the country with a $3 billion loan. MIGA is providing $210 million worth of political risk insurance to private lenders and investors involved in the solar park.
PROJECT NAME: HYBRID POWER PLANT IN KIFFA Project submitted by: Anglo Belgian Corporation (ABC) Country: Mauritania Capacity: 6.3MW Fuel type: HFO / PV Total project cost: $16 million Project partners: AfD, UE and the Mauritanian State, ABC and Vergnet. Financial close date: 15 May 2018 Commercial operations date: 6 April 2018 Notables: Hybrid Power Plant in Kiffa (second largest city in Mauritania).Turnkey Project of IFC - Egypt Solar FiT - Nubian Suns Program 6,3MW: - 5MW HFO (with four ABC engines)- 1,3MWp (4320 solar panels). Stable energy, less CO2 and now more and more residents have access to more reliable energy, which changes their everyday lives!
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PROJECT NAME: KHALLADI WINDFARM PROJECT NAME: 30 MW LOGBABA NATURAL GAS POWER PLANT - EXTENSION Project submitted by: VESTAS Wind Power Systems Project submitted by: Altaaqa Global Energy Services Country: Morocco (Tangiers) Country: Cameroon Capacity: 120MW Capacity: 30MW Fuel type: Wind Fuel type: Natural Gas Total project cost: $170 million Total project cost: Confidential Project partners: VESTAS Wind Power Systems, ACWA Power and ARIF, European Bank Project partners: Altaaqa Global Energy Services for Reconstruction and Development (EBRD), Clean Technology Fund (CTF) and Moroccan Financial close date: December 2018 BMCE Bank of Africa (BMCE). Commercial operations date: December 2018 Commercial operations date: 1 July 2018 Notables: We provided 30 MW of power to the residents of Douala, Cameroon in time for Notables: The wind farm, developed by ACWA Power in collaboration with ARIF investment Christmas 2018. We were able to swiftly commission and start operating the plant within only fund, and located at Jbel Sendouq, 30 km from Tangiers. The 370 GWh of energy that the 1 week from when we received the request from Cameroon’s energy ministry. Our power plant will produce and supply annually to industrial companies is equivalent to a yearly average plant in Logbaba, running on natural gas, contributes to Cameroon’s initiatives of harnessing consumption of a city of 400,000 people and will contribute to the reduction of more than and employing more environmentally friendly sources of energy. Our power plant conforms
144,000 tons of CO2 emissions per year. With renewable energy playing an important role to global environmental guidelines, and have been certified energy efficient according to in the overall development of countries in Africa, including Morocco, the Khalladi project ISO standards. Through our power plant, we offer training and career opportunities to local contributes for Morocco to achieve the 2020 target of increasing renewables energy Cameroonian technicians and professionals. We provide them classroom and hands-on component of the energy mix to 42% and as part of this ambition to develop 2,000 MW of formation and hire them to operate our plant in collaboration with our in-house engineers and wind capacity all by 2020. technicians. We give them access to continuous specialized education on safety, operation and service of power plants. We also provide business to local companies within the community as we hire them to provide supporting services. PROJECT NAME: SAFI Project submitted by: ENGIE Africa Country: Morocco Capacity: 1386MW Fuel type: Coal Total project cost: $2.4 billion Project partners: ENGIE, Nareva, Mitsui Financial close date: 30 September 2014 Commercial operations date: 8 December 2018 Notables: Equipped with 2 units totalling 1386 MW of installed capacity, the Safi plant will meet up to 25% of the national electricity demand and represents 15% of the installed capacity in Morocco.For Africa it is the first USC (Ultra-super-critical) plant, meaning “clean coal”. This signifies that steam temperature and pressure are higher than in older power Altaaqa - 30 MW Logbaba Natural Gas Power Plant - Extension plants and allows for a higher conversion efficiency between coal and electricity. This is an important upside for the economics of the project and for its environmental footprint which is much lower, particularly in terms of CO2 emissions.
Energy. 68 In One Place. africa-energy-forum.com africa-energy-forum.com 69 PROJECT DIRECTORY PROJECT DIRECTORY PROJECT ANNOUNCEMENTS BOOKLET PROJECT ANNOUNCEMENTS BOOKLET
CENTRAL AFRICA CENTRAL AFRICA
PROJECT NAME: DRC FRIPT PROJECT Project submitted by: ABB Country: Democratic Republic of Congo Capacity: 1000MW Fuel type: Hydro Total project cost: $31.2 million Project partners: ABB, Société Nationale d’Électricité and Glencore Camco Clean Energy - Virunga Corporate Financial close date: 29 December 2018 Commercial operations date: 10 January 2019 Notables: ABB was able to provide a 36-month equipment warranty from delivery or a PROJECT NAME: VIRUNGA CORPORATE 24-month in operation warranty, whichever comes first. With a warranty bond of 5% during Project submitted by: Camco Clean Energy the warranty period. Country: Burundi, Kenya, Tanzania, Zambia. Capacity: 100MW Fuel type: Run-of-river hydroelectric power PROJECT NAME: NACHTIGAL Total project cost: $340 million Project submitted by: FMO, IFC, Africa50, Power Africa, CDC Group and STOA Project partners: Camco Clean Energy, Virunga Power Renewable Energy Performance Country: Cameroon Platform (managed by Camco Clean Energy) ElectriFI Capacity: 420MW Financial close date: 13 December 2018 Total project cost: €1.2 billion Notables: Ambitious plans to develop a portfolio of hydroelectric power and rural distribution Project partners: Africa50, Government of Cameroon, IFC, EDF and STOA. projects in East and Southern Africa - which will provide improved energy access for nearly Financial close date: December 2019 3 million people when fully completed - have been given a helping hand in the form of a Commercial operations date: 2023 US$2.5m convertible loan from REPP. Virunga Power had been raising investment to fund Notables: The project entails the construction and operation of a 420 MW hydropower corporate expansion and project development expenses after building up an advanced pipeline plant on the Sanaga river near Nachtigal Falls, 65 kilometers from Yaoundé, as well as a of run-of-river projects in Burundi, Kenya, Tanzania and Zambia. The company employs a 50 kilometer transmission line to Nyom. It will be operated under a 35-year concession. unique “grid-as-anchor” approach to rural electrification by combining MW-scale, contracted Considered as a national priority, Nachtigal is part of Cameroon’s development plan to generation with thousands of new household connections to surrounding communities enhance both the reliability of the energy sector and access to power. The plant will produce through grid-connected mini-grids. REPP committed the loan during the company’s US$5m an average of close to 3,000 GWh per annum, covering 30% of the country’s energy needs. Series A corporate financing round in December 2018, with the EC-supported Electrification The power produced will be sold to the national utility company at a competitive price, Financing Initiative (ElectriFI) providing the other $2.5m. The funds will enable Virunga Power thereby benefitting the Cameroonian consumers and boosting the economic and industrial to deliver on its project pipeline and pay for a number of new hires with specialised expertise development of the country. The project will have a substantial development impact, creating in building and managing small hydro and rural utility projects. This is not the first time REPP up to 1,500 direct jobs during construction (65% locally sourced), and many permanent jobs has supported Virunga Power. In June 2017 REPP committed US$751,000 in development upon completion in 2023. capital for a pair of run-of-river hydropower plants in Kenya.
Energy. 70 In One Place. africa-energy-forum.com africa-energy-forum.com 71 Partner success as Power Africa help advance energy access in sub-Saharan Africa
“Power Africa has helped 120 electricity projects reach financial close over the past five years. These projects are worth more than $20 billion and represent over 10,000 MW of new power generation on the continent. Power Africa is the largest public private partnership in development history.
Our success demonstrates the power and the ability of 12 U.S. Government agencies, 153 private sector partners, and 18 bilateral and multilateral development partners to advance energy access in sub-Saharan Africa. This partnership is focused on linking public and private sector goals and resources with investors and entrepreneurs to expand business opportunities in the African energy markets.
We provide technical experts and tools to help the private sector and African government partners advance and “unstick” energy sector deals. Power Africa currently is tracking over 900 projects that have the potential to add more than 85,000 MW of power if we can help them get across the finish line. Power Africa will continue to work with its partners to remove barriers for investment and to strengthen financial and regulatory frameworks that support power delivery in sub-Saharan Africa.”
Andrew Herscowitz, Coordinator, Power Africa
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