AfrElec - Africa Power Monitor

14 March 2023

Nigeria's national grid achieves stable power generation above 4,000 MW since the start of the year

13 March 2023

Thanks to the deployment of new transformers, substations and other accessories to boost supply, the national grid's electricity generation has significantly improved and has stayed above the 4,000-MW mark for several months.

Daewoo E&C secures $790mn deal to construct power plants in Libya

13 March 2023

South Korea's Daewoo Engineering & Construction (E&C) has secured a $790mn deal from Libya’s General Electricity Company (GECOL) to construct gas-fired power generation plants in Misurata and Mellitah and install the emergency power supply.

South Africa experience solar panel sales boom as power outages bite

11 March 2023

South Africa, which is experiencing crippling power shortages, has seen a sharp increase in solar power uptake, while new tax incentives for businesses and households are fuelling a surge in demand for solar PV.

Red Sea Wind Energy partners secure $501mn loan to build 500-MW wind farm on Gulf of Suez

8 March 2023

Red Sea Wind Energy, a JV of Japan’s Toyota Tsusho and its subsidiary Eurus Energy, France’s Engie and Egypt’s Orascom Construction, obtained a $501mn loan from a multinational banking consortium to build a 500-MW wind farm on the Gulf of Suez.