AfrElec - Africa Power Monitor

26 November 2024

EDF-led battery storage projects in South Africa secure financial close

22 November 2024

Three South African battery energy storage system (BESS) projects championed by French company, EDF Group (EDF), have reached financial close with expectations they would be commissioned in 2026.

Oslo-based Scatec reduces stakes in three solar farms in South Africa

22 November 2024

Scatec ASA (Scatec), a Norwegian renewable energy provider, has closed the second and final phase of a sale of parts of its stakes in three solar power plants in South Africa.

British International Investment commits $16mn to Africa Go Green Fund

21 November 2024

UK’s development finance institution British International Investment (BII) has announced a $16mn commitment to the Africa Go Green Fund (AGGF), managed by Cygnum Capital Asset Management

Zimbabwe races to add 3,000 MW as power shortages trigger blackouts

21 November 2024

Zimbabwean companies are developing energy projects to generate a total of 3,000 megawatts (MW) as the national power authority struggles to produce enough to meet growing demand.

JBIC invests in Moroccan energy transition

21 November 2024

Japan Bank for International Cooperation (JBIC) has signed a Memorandum of Understanding (MoU) with Morocco, bolstering cooperation between the two countries and aiding Morocco in its transition towards carbon neutrality.