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ADB approves loan for Eritrean solar-storage project
$ 50m finance package will certainly enable construction of clean power facility 40km eastern of the capital Asmara
Apr 7, 2023 // Markets & Finance News, Storage, ADB, Africa, Eritrea
South Africa Releases Its Largest Renewable Energy Tender of 3,740 MW Capacity
The tender has actually been presented for take the pressure off the nation power grid run by Eskom. Presently, Africa is mired in the dire challenge of electrcity and water supply. Power outages have actually become a common phenomenon right here.
Apr 28, 2023 // Markets & Finance News, tender, Africa, eskom
Kenya: Offering Green Solutions at COP28, Not Aid
African President William Ruto is pushing for African nations to use sun, wind, and green mineral sources to combat global warming. He urges reform to fund climate efforts & low-carbon development. Other African nations struggle with fossil fuel dependence, looking for climate friendly industrialization supported by Europe & the rest of the world. Africa hopes to decarbonize the global economy.
Sep 6, 2023 // Markets & Finance News, Kenya, Africa, William Ruto
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
AIIM in Talks to Sell Renewables Stake to BlackRock
AIIM seeks investors like BlackRock to expand its renewable energy business in Africa, offering a lucrative opportunity in a growing industry.
Jun 19, 2024 // Markets & Finance News, BlackRock, aiim
Scatec Launches 60-MW Solar Farm in Botswana
Scatec ASA powers up Botswana with the launch of its 60-MW solar phase, boosting Africa's renewable energy landscape.
Mar 13, 2025 // Plants, Large-Scale, Commercial, Africa, Botswana, PV Power Plant, Scatec ASA
New South Wales receives 40GW of applications for brand-new renewable energy zone, representing a US$ 72bn investment
The Australian state of New South Wales (NSW) has received applications for nearly 40GW of renewable generation and also storage space projects for its scheduled Hunter-Central Coast Renewable Energy Zone (REZ) amid huge passion in clean energy sources in the state.
Feb 16, 2022 // Markets & Finance News, Australia, tender, Oceania, new south wales, nsw, rez, renewable energy zone
Trungnam Group launches the largest solar farm in Vietnam in the middle of renewables drive
Trungnam Group officially ushered in the 500KV transformer station as well as 220/500KV Grid line, as well as the 450 MW Trung Nam Thuan Nam solar power plant on October 12th, 2020 in Phuoc Minh commune, Thuan Nam area of the south-central Ninh Thuan Province. It's a spectacular occasion as well as vital project in celebration of the 14th Ninh Thuan provincial Party's Congress, 2021-2025 terms.
Oct 13, 2020 // Plants, Large-Scale, Commercial, Grids, Asia, Vietnam, PV Power Plant, Trungnam Group
MPC Energy acquires 15.8-MWp solar plant in Mexico
MPC Energy Solutions NV (OSE: MPCES) announced on Tuesday that it has actually developed an existence in the Mexican renewables market with a set up procurement of Los Santos Solar I (LSSI), a 15.8-MWp functional solar photovoltaic (PV) plant situated in the north state of Chihuahua.
Nov 9, 2021 // Plants, Markets & Finance News, Mexico, North America, PV Power Plant, MPC Energy Solutions NV
Blue Elephant Energy terminates prepared IPO after US$ 89m cash injection
German renewables possession operator Blue Elephant Energy has shelved prepare for an initial public offering (IPO) after it secured a EUR75 million (US$ 88.8 million) cash money injection.
Jul 12, 2021 // Markets & Finance News, Germany, IPO, Europe, Athos, Blue Elephant Energy, Felix Goedhart, Thomas Maier
Ampyr, Shell Energy Collaborate for 1,000 MWh BESS
The target capacity of the Wellington BESS is 500 MW/1,000 MWh that makes it among the biggest battery storage projects in the Australian state.
The BESS project will certainly enhance neighboring existing renewable energy generation assets as well as the proposed extra generation to be delivered as part of the Central West Orana REZ.
Oct 17, 2022 // Storage, new south wales, Renewable Energy, national electricity market, Greg Joiner, AMPYR, Ampyr Australia Pty Ltd, Shell Energy Australia, the Wellington BESS, TransGrid Wellington
Mali spares solar from VAT, import responsibilities
The step stands for a progression in the application of the National Action Plan for Renewable Energy (Paner), whereby the West African country intends to mount 1.42 GW of renewable resource by 2030.
Apr 7, 2020 // Manufacturing News, Markets & Finance News, Inverters, Africa, Mali, tax
Ncondezi Energy explores prospective for 300MW solar-storage hybrid in Mozambique
African power business Ncondezi Energy has actually launched an expediency research for a hybrid solar-storage project set aside for Mozambique.
Jul 19, 2022 // Plants, Large-Scale, Commercial, Storage, ENERGY STORAGE, Solar, Solar Energy, BESS, Africa, Mozambique, Battery Energy Storage, africa solar, ncondezi energy
Angola eyeing 600MW solar market within three years
Angola is expecting to kickstart its dormant solar sector by deploying several hundred megawatts worth of projects within three years, a top government official has said.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Africa, subsaharan africa, Angola, luanda, policy, bsw, Baptista Borges, Intersolar
IPP Globeleq Signs PPAs for 450 MW Solar Power in South Africa
The close happened for 6 projects under South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
Globeleq, the Africa-focused independent power producer (IPP)-- is majority partner in the Ikamva Consortium, that was awarded preferred bidder by the DMRE.
Dec 9, 2022 // Markets & Finance News, Africa, South Africa, mainstream renewable power, dmre, solar energy projects, Globeleq, Department of Mineral Resources and Energy, REIPPPP, Ikamva Consortium, Renewable Energy Independent Power Producer Procurement Programme