AfrElec - Africa Power Monitor

Global solar power surges as costs plummet, poised to overtake coal in 2024

The cost of electricity generated from solar photovoltaic (PV) panels has plummeted in recent decades, driven by supportive government policies and technological advances, and the energy source is expected to overtake coal in 2025.

Eskom, Sasol sign MoU on exploring LNG potential to mitigate looming gas shortage in South Africa

AfrElec: NBET seeks five-year licence renewal from Nigeria’s NERC

Congo, China Overseas sign MoU for major $9.4bn hydroelectric project

Zambia's electricity shortage stalls procurement, supply of food amid historic drought

World Bank, AfDB launch first phase of Mission 300 programme to electrify Africa

Kenya signs historic pact with US to advance its nuclear power plans

Lotus Resources says planned uranium project in Botswana to have a 15-year-plus mine life

South African renewable energy company Phelan to install 1.5GWh of storage for its global clients using UAE's Enercap technology

Kenya's Ketraco opens competitive bidding for major power transmission projects

South Africa attracts green hydrogen projects valued at $46bn

Ghana’s energy reforms ignite nationwide opposition

Tunisia signs €79mn deals with Scatec, Aelous to build two solar plants

Egypt halts power load shedding owing to sufficient fuel supply

Arkle Resources to begin search for lithium in Zimbabwe

Morocco plans to establish first offshore wind farm

Job market changing globally because of green transition

Jobs in green sectors are rapidly increasing, with the International Renewable Energy Agency (IRENA) reporting 13.7mn direct and indirect renewable energy jobs globally in 2022. Solar energy has led the way, making up over one-third of the total.

Kenya denies awarding $1.3bn power concession to Adani, Africa50, says talks continue