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AfrElec’s covers coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the political and investment decisions needed to improve access to electricity for Africa’s expanding population.
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Wind power generation projects bring improved energy security, create job opportunities in Africa
Wind energy generation is becoming increasingly popular in many parts of Africa owing to the continent's abundant wind resources and the need to diversify energy sources to reduce dependence on fossil fuels.
South Africa-based Africa Data Centres to run on solar energy after clinching 12MW deal
EBRD is providing $80mn equity bridge loan to Egypt Green Hydrogen to build 100-MW electrolyser facility
The European Bank for Reconstruction and Development (EBRD) is providing up to $80mn for an equity bridge loan to Egypt Green Hydrogen, the developer and operator of Egypt’s first green hydrogen production facility.
S&P puts South Africa's power utility ESKOM on CreditWatch positive on expected $14bn government debt relief
A commitment by South Africa’s government to take on $14bn of power utility ESKOM’s $23bn debt has encouraged ratings agency, S&P, to give the company positive ratings.
China drives global wind turbine orders to new record in 2022
Global wind turbine order intake hit new highs in 2022, with 44 GW procured in the fourth quarter and 134.6 GW for the year. Both of these order intakes were records, says a new analysis by Wood Mackenzie.
Danish firm Vestas secures order to supply wind turbines to South African IPP, Red Rocket
A South African independent power producer, Red Rocket, has ordered wind turbines with the capacity to generate 373 MW from Danish manufacturer Vestas for three projects it plans to build in the country.
Gesto Energy completes assessment of geothermal potential of southern Morocco
Portugal’s renewable energy-focused firm Gesto Energy announced it completed the evaluation process of the geothermal potential of Morocco’s southern region to generate power and presented its assessment to Morocco’s ONHYM.
China International Energy plans to invest $5.1bn in green hydrogen project in Egypt
The company plans to invest $5.1bn in the project, which is expected to be implemented in two phases consisting of a solar park and a wind farm, along with a facility for electrolysing water and synthesising ammonia.
World Bank provides $20mn to support off-grid solar systems in energy-deficient Malawi
Nigeria's national grid achieves stable power generation above 4,000 MW since the start of the year
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.
Construction of Kenyan industrial park targeting foreign investors to start in 2025, utility KenGen says
Daewoo E&C secures $790mn deal to construct power plants in Libya
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
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.
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