A consortium led by Norwegian green energy developer and operator Scatec has signed a commercial agreement to finance, construct, operate and maintain a greenfield hydroelectric power plant with peak capacity of 350 MW in the southern African country of Malawi.

The power plant is expected to cost approximately $30 billion.

The project will add a total of 199MW of battery-storage capacity at carefully selected sites across the country to improve reliability of public power utility Eskom's transmission grid.

Construction of a new deepwater port project worth approximately $1B broke ground on Jan. 4 in Dakar, Senegal with the developer planning to implement the project in two phases. 

Ethiopia has begun generating electricity at its new 5,000-MW roller-compacted concrete gravity-type dam on the Nile River. The first 375 MW went to the national grid on Feb. 20. 

Yapi Merkezi will build 368 km of an electrified standard gauge line.

German-Egyptian consortium will build 660 kilometers.