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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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UK's Kibo Energy acquires 100MW solar farm in Zimbabwe
InfraCo Africa invests $3.8mn in Kenya’s Globology to expand Waterbus passenger transport operations on Lake Victoria
InfraCo Africa has signed with Globology Ltd a shareholders’ agreement for investing $3.8mn to expand Waterbus passenger transport operations on Lake Victoria in East Africa.
AfDB announces $2.8bn investment in South Africa, including for renewable energy transition
The African Development Bank President, Akinwumi Adesina, has pledged the banks support for SouthAfrica by announcing a $2.8 billion package over a period of 5 years.
Mitsui invests €575mn to take 27% stake in Mainstream
Japan’s Mitsui & Co is to invest €575mn in Aker-owned Mainstream Renewable Power in a bid to finance the global green developers drive to expand its footprint in the Americas, Africa, Asia-Pacific and Europe.
Africa faces challenges for energy transition
The International Energy Agency has highlighted that Africa faces both major challenges and huge opportunities as it transitions towards clean energy, allowing the continent to bypass traditional fuels and infrastructure.
Solar Tyme USA seeks to raise $1.75mn for solar microgrids in Sierra Leone
Georgia-based Solar Tyme USA aims to raise $1.75mn to build a 200-kW solar microgrid power plant in Kumala and a 50-kW solar system power plant in Liro, Sierra Leone.
Tronox signs 200-MW solar PPA with South Africa's SOLA Group
Tronox Holdings has signed a long-term power purchase agreement with South African independent power producer SOLA Group to provide 200 MW of solar power to Tronox's mines and smelters in South Africa.
TotalEnergies opens first solar-powered service station in Tanzania
TotalEnergies has launched its first solar powered station in Tanzania, as part of the French company’s transition towards greener energy sources.
AfrElec: Anglo American, EDF Renewables to develop renewable energy in South Africa
Anglo American has signed a memorandum of understanding with EDF Renewables to co-operate in developing a regional renewable energy ecosystem in South Africa.
Endesa to use second-hand Nissan batteries to improve grid stability
Spain’s Endesa (part of Italy’s Enel) will use second-hand Nissan batteries to improve grid stability in Melilla.
Anglo American, EDF Renewables to develop renewable energy in South Africa
Anglo American has signed a memorandum of understanding with EDF Renewables to co-operate in developing a regional renewable energy ecosystem (RREE) in South Africa.
South African Breweries (SAB) signs up for 7,000 cow biogas deal amid solar pledge
South African Breweries (SAB) is looking into growing its renewable energy adoption, sustainable energy reports.
Bui Power chief calls for partnerships to help Ghana achieve its net zero targets
Investment would help the installation of Solar PVs and hybridisation to diversify the country’s energy mix in order to augment the country’s power generation.
IFC launches work to scale up delivery of clean electricity in DR Congo
International Finance Corporation (IFC) has begun work to install solar photovoltaic (PV) systems to scale up availability of clean electricity in Democratic Republic of Congo (DRC)
Scramble to replace Russian gas endangers climate change targets
Russia’s invasion of Ukraine has pushed the questions of decarbonisation and energy security up to the top of the political agenda as governments scramble to find alternatives to Russian oil and gas.
Uganda Electricity - Board division and ‘mismanagement fusion’ behind corruption claims
Uganda’s Parliament has issued a press release on the investigation of alleged mismanagement and corruption in the Uganda Electricity Transmission Company Limited (UETCL).
Mozambique: RES4Africa, AMER agree to expand cooperation in developing renewable energies
New report identifies floating offshore wind’s “enormous potential” in energy transition
The Global Wind Energy Council (GWEC) has published a new report, Floating Offshore Wind – a Global Opportunity, setting out the “enormous role” that opportunity floating offshore wind presents globally.
BP warns oil is yet to peak despite progress on renewables
BP’s 2022 Energy Outlook has warned that oil production has yet to peak worldwide, and that more gas will be needed to meet a doubling of power demand by 2050.
Nigeria needs $100bn to meet power needs – think tank
Nigeria will need $100bn over the next 20 years in order to solve its electricity supply problems and meet rising demand, a new report by Nigerian think tank Financial Derivatives Company (FDC) said.
World Bank approves $750mn to support Kenya's economy recover from pandemic
The World Bank has approved $750mn to boost the economic transformation of Kenya, steeling reeling from the impact of COVID-19
Petrofac wins new energies project in Egypt
Service provider Petrofac is to carry out a feasibility study for a green hydrogen to ammonia facility in Egypt being developed by Mediterranean Energy Partners (MEP).
Green Exchange launches green bonds in Ghana at 4-6%
The Green Exchange plans to drive up Africa’s share by encouraging the continent’s companies to issue green bonds.
AfricaGoGreen Fund’s capital reaches $30mn
The AfricaGoGreen Fund has received $20mn to promote private investments in energy-efficient technologies in Africa in a bid to decarbonise the continent’s economy and push forward the energy transition.
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