AfrElec - Africa Power Monitor

6 March 2025

Scatec ASA sells stake in African hydropower plants to TotalEnergies

3 March 2025

Norwegian renewable energy investor, Scatec ASA, (Scatec) has concluded the sale of its 51% stake in its hydropower assets in Africa to French giant TotalEnergies for $167mn.

South African-Swedish JV plans to build $2.9bn floating wind farm off KwaZulu-Natal coast

3 March 2025

GenesisHexicon, a South African-Swedish joint venture (JV), is planning to build a huge floating wind farm off the coast of Richards Bay, in KwaZulu-Natal province of South Africa.

South Africa: City of Cape Town to receive $157mn loan for power grid upgrade

28 February 2025

Cape Town, South Africa’s second largest city, has won a €150mn ($157mn) loan for its power grid upgrade from German government-owned financial institution KfW, one of the world’s largest development banks.

SolarAfrica reaches financial close on first 114 MW of utility-scale solar PV project in South Africa

26 February 2025

South African independent power producer (IPP) SolarAfrica has advanced the development of its flagship ZAR1.8bn ($97.7mn) utility-scale solar project, SunCentral, in the Northern Cape province of South Africa.

Two South African IPPs start work on 140MW wind energy project

26 February 2025

South African renewable energy developers, African Clean Energy Developments (ACED) and the Energy Infrastructure Management Services (EIMS Africa), have reached financial close on a 140MW wind energy project.

Gold Fields plans to expand renewable energy use at South Deep Mine in South Africa

25 February 2025

Mining giant Gold Fields has said it will continue with renewable energy trials at its South African asset, South Deep, with a long-term objective of expanding usage at the mine