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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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Namibia's DBN approves solar park funding
The Development Bank of Namibia (DBN) has approved funding for the construction of the Rosh Pinah Solar Park (RPSP) in the country’s southern region of Karas.
Standard Bank pulls funding for coal & oil power plants
Standard Bank, South Africa’s biggest lender in assets, says that it will stop financing all new coal- and oil-fired plants as it plans to reduce fossil fuel exposure as part of a plan to reach net-zero by 2050.
Tlou, Zismo partner on transmission line construction for Botswana’s Lesedi project
Tlou Energy, a Botswana-based clean energy company, has signed a contract for the construction of a transmission line for the Lesedi power project with Zismo Engineering, a local electrical engineering contractor.
AfrElec: Tlou, Zismo partner on transmission line construction for Botswana’s Lesedi project
Tlou Energy, a Botswana-based clean energy company, has signed a contract for the construction of a transmission line for the Lesedi power project with Zismo Engineering, a local electrical engineering contractor.
US Millennium Challenge Corporation delegation visit to Sierra Leone focuses on energy sector
South African president eyes gas projects in Mozambique
South African President Cyril Ramaphosa said on Friday (March 11) that his country hoped to invest in the development of natural gas reserves in neighbouring Mozambique.
Zimbabwe: Invictus, Exalo sign binding drilling contract for Muzarabani-1 well
Invictus has executed a binding drilling rig contract with European onshore drilling contractor Exalo Drilling to drill the Muzarabani-1 exploration well
Nigerian rights group questions government spending on refineries
A Nigerian rights group, SERAP, has threatened to sue the government for the alleged mismanagement of funds approved for the rehabilitation, operation and maintenance of the country’s oil refineries.
Vandalised Kenya Power equipment recovered In Juja raid
Police detectives on Thursday March 10 arrested three suspects in an operation that recovered vandalidised equipment of state owned Kenya Power and Lighting Company (KPLC).
Royal Bafokeng Platinum: 30 MW solar power study almost complete
South Africa’s only rural community-owned mining company, Royal Bafokeng Platinum (RBPlat), which delivered record dividend-yielding earnings and production in 2021, is close to completing its renewable energy study
Kinetiko starts gas flow test at Korhaan-4 well in South Africa
Perth-based exploration company Kinetiko Energy has announced the start of gas flow testing at the Korhaan-4 well in Amersfoort, South Africa. This is the first of three flow tests from a recently completed three-well drilling programme.
China, India drive rebound in global CO2 emissions
Global energy-related carbon dioxide emissions rose by 6% in 2021 to a record high of 36.3bn tonnes, as coal dominated the world economy’s rebound from the COVID-19 pandemic.
USAID to support renewable energy in Cape Town
The United States Agency for International Development (USAID) is to provide technical assistance to the City of Cape Town to facilitate renewable energy projects and energy efficiency measures in the city.
Siemens-backed Capton Energy aims to develop 1,000 MW of solar
Capton Energy, a new joint venture between Siemens Financial Services (SFS) and Saudi Arabia-based Desert Technologies, has said it aims to acquire a 1,000-MW portfolio of 20-100-MW solar project across Africa, the Middle East and Asia.
Huawei to provide solar, storage tech to Ghana
China’s Huawei Digital Power has signed a strategic cooperation agreement with African PV developer Meinergy to provide a smart PV & energy storage system (ESS) solution for a 1-GW utility-scale PV plant and 500 MWh ESS project in Ghana.
UN, African Energy Chamber aim to boost private investment in African clean energy
The UN and the African Energy Chamber (AEC) have launched the Team-Energy Africa initiative in a bid to mobilise up to $500bn of private financing for the clean energy sector across the continent.
AfrElec: Europe eyes South Africa as coal supplier following Russia sanctions
European buyers of coal are beginning to turn to other global suppliers, looking as far as South Africa, in the wake of Russia’s invasion of Ukraine.
Buffalo Coal talks to Investec about loan restructuring
The Kwa-Zulu Natal (KZN) based Buffalo Coal Corporation is currently in talks with international banking, investments and wealth management services bank Investec about restructuring remaining outstanding loan amount.
Norway & UK: ZAR600mn towards South African renewable energy
Norway together with the United Kingdom have committed ZAR600mn worth of investment in the South African renewable energy industry.
Urgent pivot to adaption finance needed to contain global warming
The IPCC has warned in its latest climate report that the effects of global warming are already widespread, and that some are now irreversible.
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