German Firm PNE Sells 240-MW Solar Project in S. Africa
PNE AG sells 240-MW solar project in South Africa to NOA Group Ltd, aiming to provide clean energy to mining and agricultural sectors.
Apr 10, 2024 // Plants, Large-Scale, Commercial, Germany, Europe, Africa, South Africa, PV Power Plant
Angola's Solar Revolution: Govt Officials Unveil 26-MW Park
Angola's Saurimo solar park shines bright, powering progress towards clean energy goals for a brighter, sustainable future.
Apr 4, 2024 // Plants, Large-Scale, Commercial, Africa, Angola, PV Power Plant
Teraco's Green Power Plan: Data Centers Go Renewable
Teraco Data Environments Ltd. leads the way in sustainable energy with a new power plant in South Africa, reducing reliance on Eskom and boosting renewables.
Feb 28, 2024 // Plants, Africa, South Africa, PV Power Plant, Teraco Data Environments
Gauteng Province's 800-MW Solar Project to Tackle Energy Crisis
South Africa's Gauteng province tackles energy crisis with 800 MW solar farm cluster and 14 micro-grid plants, ensuring power stability for communities and healthcare facilities.
Feb 27, 2024 // Plants, Africa, South Africa, PV Power Plant
IFC and SIMA Invest $150M in Solar Green Bonds for African Projects
IFC and SIMA Funds join forces to finance solar projects in Africa, supporting small businesses and promoting sustainable energy solutions. A game-changer for the continent's solar sector.
Feb 8, 2024 // Plants, Markets & Finance News, ifc, Africa, Solar Project, SIMA
Energy Vault's Gravity Storage to Revolutionize Southern Africa's Energy Landscape
Gravity Energy Storage Solutions partners with Energy Vault to revolutionize energy storage in Southern Africa, addressing power shortages and accelerating the transition to clean, sustainable energy.
Feb 2, 2024 // Storage, Africa, South Africa, Energy Vault
AMEA Power and Hidropower Partner for 125-MWp Solar Project in Mozambique
AMEA Power and Hidropower join forces to develop a 125 MWp solar project in Mozambique, bringing clean energy to over 150,000 homes and reducing CO2 emissions by 232,900 tonnes annually.
Jan 23, 2024 // Plants, Commercial, Africa, amea power, Mozambique, PV Power Plant, Hidropower
Globeleq's Debt Restructuring Boosts South African Solar Power
Globeleq's debt restructuring for its solar plants in South Africa aims to reduce costs, lower electricity prices, and benefit local communities and shareholders.
Jan 19, 2024 // Plants, Commercial, Markets & Finance News, Africa, South Africa, PV Power Plant, Globeleq
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