Africa

Africa's Renewable Energy Potential: Powering the Continent's Future
Unlocking Africa's renewable energy potential: A joint study reveals the continent's ability to achieve 80% renewable energy by 2040, but calls for increased investment and a shift away from coal and gas-fired power plants.
Jan 17, 2024 // Plants, Africa
Scatec Sells Mozambique Solar Plant to Globeleq, Boosts Portfolio
Scatec ASA sells majority stake in Mocuba solar power plant to Globeleq, generating a net gain of $4m. The plant has a 25-year power purchase agreement and produces 75 GWh annually.
Jan 11, 2024 // Plants, Large-Scale, Commercial, Scatec, Africa, Mozambique, PV Power Plant, Globeleq
EDF, CIP Secure 257MW in South African Storage Tender
EDF Renewables & CIP-owned Mulilo Energy have been awarded preferred bidder status for 257MW of grid storage capacity in South Africa. As part of a ZAR7bn (€343m) total cost, the consortium will deliver three battery energy storage projects, providing sustainable electricity for 61 million people. A significant milestone for Mulilo, they are outperforming their business plans.
Jan 4, 2024 // Storage, tender, Africa, South Africa, EDF Renewables, CIP
China Electric Power to Power 10-GW Solar in Egypt
Egypt and China have signed an MoU to develop a massive 10GW solar project, promising 29,784GWh of clean energy and a transformative USD1bn savings in natural gas expenses. This will support Egypt's Green Corridor Initiative, helping it reach 42% renewables by 2030.
Dec 28, 2023 // Plants, China, Asia, Africa, Egypt, PV Power Plant, China Electric Power
Mozambique: Globeleq Invests in Solar, EDM Retains Stake
Globeleq acquires majority stake in Mozambique's Mocuba solar PV power farm, part of a 400MW African portfolio. Temane gas-to-power & Namaacha wind projects to reach financial close & commercial operations in 2024.
Dec 28, 2023 // Plants, Africa, Mozambique, PV Power Plant, Globeleq
Solving Water Scarcity: Solar-Powered Boreholes
Onyedikachi Erete is revolutionizing rural Nigeria by installing solar-powered boreholes – providing clean drinking water and reducing waterborne diseases. USAID is partnering with Tanzania to fight water scarcity, while Morrow County's $1.7 million EPA grant is tackling the drinking water crisis. Together, these efforts are making a big impact in alleviating water scarcity.
Dec 26, 2023 // Technology, Africa, Nigeria, Onyedikachi Erete, Solar-Powered Boreholes
Scatec Secures Financing for 60 MW Solar in Botswana
Scatec ASA hits financial close on groundbreaking 60-MW Botswana solar park, providing power to 20,000 homes and paving the way for a greener future.
Dec 18, 2023 // Plants, Large-Scale, Commercial, Scatec, Africa, Botswana, PV Power Plant
Kenhardt: 540MW Solar+Battery Illuminating South Africa
Scatec switches on 540-MW solar & battery project in South Africa -- a groundbreaking milestone in energy production, providing 150 MW of dispatchable power each day.
Dec 12, 2023 // Storage, Scatec, Africa, South Africa
Greenco Seals 25MW Solar Project in Zambia
Africa Greenco Group secures 25-MW solar PPA in Zambia: US$37m investment to bring clean energy to Sesheke district in 2025.
Dec 8, 2023 // Plants, Africa, zambia, PV Power Plant, Greenco
Masdar Powers Angola with 150MW Solar
Masdar joins forces with the Angolan government to create 600 jobs and power 90,000 homes--a major step towards 10 GW of clean energy capacity in Africa by 2030.
Dec 4, 2023 // Plants, Large-Scale, Commercial, Masdar, Africa, Angola, PV Power Plant
Malawi Boosts Solar Energy with 10-MW Plant
Egenco begins construction of 10-MW solar power plant in Nanjoka, Malawi. Attendees included Energy Minister Ibrahim Matola. The USD 14 million project is the first phase of a 20-MW solar plant with 2.5 MWh battery storage system. Chint Electrical Co is the contractor and has acquired land for up to 50MW. This project is part of the Malawian government's wider plans to expand rural access to electricity.
Nov 27, 2023 // Plants, Large-Scale, Commercial, Africa, PV Power Plant, Malawi, Egenco
Husk Power Raises $103M for World's Biggest Mini-Grid Expansion
Husk Power Systems raises $103 million to expand their award-winning mini-grids to India, Nigeria, DRC, and other African countries. Solar and battery mini-grids will bring affordable, reliable power to households and small businesses. STOA Infra & Energy SAS leads investment round.
Oct 26, 2023 // Markets & Finance News, Grids, India, Asia, Africa, mini-grids, Husk Power
Solar-Powered SUV Drives Morocco: From Mountain Peaks to Desert Dunes
Experience the future of driving: the world's first off-road solar-powered SUV designed by a team of Eindhoven University of Technology students, tested in Morocco. 710km range with a top speed of 145km/h, light-weight and ultra-efficient. Don't miss out!
Oct 17, 2023 // Transport, Africa, Morocco, Eindhoven University of Technology
ABO Sells Final 100MW of Solar Cluster in South Africa
ABO Wind AG, a German renewables developer, sells the remaining 100 MW of a 300 MW solar project in South Africa's North-West Province. 450 acres of private land, private power purchase agreement and 4.6 GW of renewable energy projects in the pipeline. Helping Tronox Mineral Sands to use sustainable energy.
Oct 12, 2023 // Markets & Finance News, Africa, South Africa, ABO Wind AG
OCP Group Secures IFC Debt for 400 MWp Solar
Discover how OCP Group, a Moroccan producer of phosphates and fertilisers, has secured funding from the IFC and is taking the lead on North Africa's largest solar-plus-storage project. With 200MWp of solar parks and 100MW of energy storage, OCP is aiming for carbon neutrality by 2027.
Oct 11, 2023 // Markets & Finance News, Africa, Morocco, OCP Group