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Globeleq's Debt Restructuring Boosts South African Solar Power
restructuring worth $37 million for its Aries and Konkoonsies solar plants in South Africa. The restructuring, led by Standard Bank, aims to reduce the cost of debt for
Jan 19, 2024 // Plants, Commercial, Markets & Finance News, Africa, South Africa, PV Power Plant, Globeleq
German Firm PNE Sells 240-MW Solar Project in S. Africa
renewables developer PNE AG has sold a 240-MW solar photovoltaic project in South Africa to NOA Group Ltd. The Khauta solar project, located in the Free State
Apr 10, 2024 // Plants, Large-Scale, Commercial, Germany, Europe, Africa, South Africa, PV Power Plant
Scatec Reaches Financial Close on 273MW South African Solar
its three Grootfontein solar projects, with a combined capacity of 273MW, in South Africa. The projects were awarded after the fifth bidding round of the Renewable
Jun 30, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Scatec, Africa, South Africa, PV Power Plant
South Africa's Eskom Program $7.2 B Investment in Wind & Solar
would entail the addition of 5.6 GW in PV capacity and also 8.2 GW of wind.
South African power utility Eskom Holdings SOC Ltd. is planning to spend 106 billion rand,
Aug 31, 2021 // Markets & Finance News, Africa, South Africa, Gwede Mantashe, Eskom Holdings SOC Ltd, Cyril Ramaphosa, Andre de Ruyter
South African chemicals manufacturer looks for bids for 20 MW of PV
South Africa-based chemicals manufacturer Sasol has kicked off an ask for proposals (RFP) procedure to seek independent power producers for 2 PV plants that will power its procedures in Secunda, Mpumalanga district, as well as Sasolburg, Free State province.
Interested independent power manufacturers have till Oct. 2 to submit their propositions.
"We are delighted to introduce the RFP, which develops part of our more comprehensive greenhouse gas (GHG) exhaust reduction ambition and relocates us onward on our journey to accomplishing our target of a 10% GHG emission reduction by 2030," stated the firm's principal sustainability officer, Hermann Wenhold.
The winning IPPs will certainly possess as well as operate the plants. They will sell power to Sasol under long-term PPAs.
In May, Sasol began to seek companions to potentially deploy renewable energy projects by starting a request for info (RFI) process to protect power products for its residential operations from 600 MW of renewables. The team stated that the projects would each need to go beyond 20 MW of capacity. It will certainly create them either as wheeled choices from suitable places across South Africa, or as ingrained choices near Sasol's centers in Sasolburg and also Secunda.
South African organisations are relying on solar and also renewables to reduce their dependence on struggling energy Eskom.
In mid-July, ArcelorMittal South Africa, a system of Luxembourg-based ArcelorMittal Holdings, welcomed independent power manufacturers to submit project proposals for solar arrays at 6 sites in South Africa, with a minimal project dimension of 10 MW each.
Aug 4, 2020 // Plants, Large-Scale, Commercial, Africa, South Africa, Sasol, Hermann Wenhold
Solarcentury Africa boards 100-MW solar project in Mozambique
Renewables programmer Solarcentury Africa has actually joined Mozambique-based special purpose vehicle SunMoz to add to the development of an as much as 100-MW (AC) solar power project in main Mozambique.
Jul 6, 2022 // Plants, Large-Scale, Commercial, Africa, solarcentury, Mozambique, Solar Project
The Renewable Energy Transition in Africa
sector in 5 Africa countries: Ghana, Ivory Coast, Morocco, Rwanda as well as South Africa. Particularly established by IRENA, country study show the real-life
Mar 23, 2021 // Market Research, Africa
South Africa opens 6th bidding window of REIPPPP
last week South Africa's Department for Mineral Resource as well as Energy (DMRE) officially opened up the window around six months after winning quotes in the tender
Apr 12, 2022 // Plants, Storage, UTILITY-SCALE SOLAR, auctions, Africa, South Africa, tenders, mena, REIPPPP
Sonnedix offers South African solar operations to BTE Renewables
the procurement "fully enhances" its existing nuclear power plant located in South Africa and also Kenya.
The continuing to be 40% stake in the project is split in
Jun 10, 2022 // Markets & Finance News, Sonnedix, Africa, South Africa, acquisition, bte renewables
South African Mining Company Strategies to Set up a 10 MW Solar Project
operate, and preserve a 10 MW solar project at its platinum mine in Limpopo, South Africa. It additionally requires analyses, suggestions to the mine's management, and
Oct 7, 2020 // Plants, Large-Scale, Commercial, Africa, South Africa, Solar Project, Marula Platinum Mine
Juwi to take functional monitoring of 85-MW solar park in S Africa
Africa (EMEA) region. The particular plant participated in Bid Window One of South Africa's Renewable Energy Independent Power Producers Procurement Programme
Sep 8, 2022 // Plants, Large-Scale, Commercial, Africa, South Africa, Solar Park, Juwi Renewable Energies
Envision Powers South Africa’s Largest Battery Storage Project
to supply batteries for the 257-MW/1,028-MWh Oasis 1 energy storage cluster in South Africa. This project includes the installation of AC and DC energy storage systems
Dec 16, 2024 // Storage, Africa, South Africa, Envision Energy
Norfund, CDC spend US$ 39m in 2.4 GW of South African renewables
million) available.
Norfund stated the investment would certainly support South Africa's clean energy objectives as well as make it possible for H1 Capital to fund
Mar 8, 2022 // Markets & Finance News, Africa, South Africa, norfund, cdc, H1 Capital, just energy transition
Solarise Africa raises $10 million to spearhead its tidy power development in Africa
business, established in 2017, is presently active in Kenya, Rwanda and also South Africa, so all upcoming work will mostly be focused on these three regions.
However,
Sep 23, 2020 // Markets & Finance News, Africa, Jan Albert Valk
South African Prepaid Startup WiSolar Plans Preliminary Fund Raise
a South African startup that offers solar power on a prepaid basis, intends to elevate 45 million rand ($ 2.9 million) this quarter in its initial financing round
Jan 12, 2022 // Markets & Finance News, Africa, South Africa, WiSolar