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- February 14, 2025
February 14, 2025
LMI Holdings to install 1,000 MW of solar in Ghana by 2032
Ghanaian firm LMI Holdings has partnered with the International Finance Corporation (IFC) to develop a 150 MW solar plant for the Tema and Dawa Special Industrial Zones. IFC will provide a $100 million loan facility to Solar for Industries Limited (SFI), a newly formed subsidiary of LMI Holdings Ltd to support the Group’s plan. |
The project will be done in two phases. The first 100 MW phase is scheduled for completion by October 2026, with an additional 50 MW to be completed by June 2027. LMI Holdings plans to reach 1,000 MW installed solar capacity by 2032.
Once completed, the SFI project will power 100 businesses across various industries. It will reduce carbon emissions by about 120,000 metric tonnes annually and help reduce energy costs.
Our take: Solving the financing gap for renewables will accelerate its adoption… Read more (2 min)
Energy America, a US-based solar manufacturer, has partnered with Enamax, a renewable energy company in Kenya, to advance solar solutions in Kenya & Africa. Their target market will be utility-scale solar projects, commercial & industrial installations, & rural electrification programmes where demand is growing fast. |
Their market entry comes at a time when China has scaled up operations in Africa. In 2024, it exported 11,360 MW of solar panels, up 43% from 2023 exports.
The partnership will leverage project financing opportunities through the Export-Import Bank of the United States (Exim Bank), to ensure its scalability and long-term sustainability.
Our take: The entrance of Energy America is expected to bring US-China rivalry that will benefit consumers with low prices… Read more (2 min)
Africa’s green job market isn’t growing, it’s igniting. With renewables hurtling toward a $1.9T valuation by 2030, professionals are racing to lead solar, wind, and hydropower’s boom. This week: Who’s hiring? What skills pay? Where’s the action? We map the surge behind Africa’s biggest economic shift since mobile money. |
Our compounded data offers insights into hiring trends on the continent. For example, 89% of jobs posted are full-time signalling sector maturity. 38% of roles demand more than 7 years’ experience, particularly in Southern Africa.
Solar remains the star, but diversification into hydropower, bioenergy, and rural electrification is unlocking new avenues. For professionals: upskill in hybrid tech-energy competencies. For employers: tap Kenya’s innovation and Nigeria’s solar surge.
Our take: See our job board for the open roles… Read more (2 min)
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Institution of Civil Engineers (ICE) International during a visit to the Junction Mall Solar Power Project in Nairobi, Kenya
Events
📅 Addis Ababa hosts 5th Solar Africa 2025 (Feb 18)
📅 Cape Town hosts Africa Green Economy Summit (Feb 19)
📅 Cape Town hosts IPP and PPA Conference 2025 (Mar 6)
Various
🔋 LG Electronics donates solar-powered water facility to the Kano community in Nigeria
🔋 Rosa Luxemburg Stiftung invites tenders on the impact of renewable energy on food sovereignty in Morocco
🔋 AmpereHour Energy announces the completion of a 2 MW / 9.79 MWh BESS in Gabon
Seen on LinkedIn
Kelly Mataiyan, Digital Infrastructure Technical Advisor at GIZ, says, “Ultimately, investing in AI infrastructure in Africa is not a standalone decision— it requires parallel investments in energy. Both sectors find themselves in a Mexican standoff, each waiting for the other to move first.”
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