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Hydropower

A hydropower plant
Afreximbank signs private sector DRC hydropower project agreement
19th December 2024 By: Schalk Burger

Trade and development finance institution the African Export-Import Bank (Afreximbank) has signed a project preparation facility financing agreement for an up to 200 MW private-sector,... 


The Kariba dam
Zimbabwe power users raise $250m for solar plan
10th December 2024 By: Bloomberg

Zimbabwe’s industrial power users have secured $250-million from the African Export-Import Bank to build floating solar panels at the world’s largest man-made lake. The Intensive Energy User Group,... 


Citi says deals from Gulf into Africa are keeping bankers busy
5th December 2024 By: Bloomberg

Rich investors from the Middle East are scouring Africa for deals in agricultural projects, critical minerals and renewable power, according to Citigroup. They’re looking at countries such as Kenya... 


The Kariba dam
Zambia, Zimbabwe face wake-up call after Kariba dam water levels plunge, Minister says
19th November 2024 By: Bloomberg

A plunge in water levels at the world’s largest man-made reservoir, which has left Zambia and Zimbabwe without power for hours, shows why they need to diversify their energy sources, according to a... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
As Eskom confirms 2 GW renewables plan, role of tariffs in funding roll-out comes into focus
14th October 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has expressed confidence that tariff and non-tariff solutions can be found to ensure that Eskom is able to meet the obligations set by the... 


Wärtsilä renews operations and maintenance agreement with Zambian energy company
26th September 2024 By: Darren Parker

Technology group Wärtsilä has signed a renewal of its operations and maintenance (O&M) agreement covering the 105 MW power plant owned by independent power producer Ndola Energy Company in Zambia.... 


A mine in Zambia owned by First Quantum Minerals
Zambian copper mines desperate for power find an unlikely saviour
13th September 2024 By: Bloomberg

Zambia’s biggest mines are turning to a surprising power source as the copper-producing nation battles an unprecedented energy crisis: South African electricity company Eskom Holdings, which until... 


President Cyril Ramaphosa
President transfers legislation as part of steps to split mineral resources, energy portfolios
28th August 2024 By: Creamer Media Reporter

President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity... 


Jindal, Zimbabwe in talks for $800m revamp of Hwange power plant
28th August 2024 By: Bloomberg

Zimbabwe’s State-owned power utility is in talks with Jindal Steel & Power over an $800-million upgrade of six units at its Hwange facility as it seeks to reduce blackouts. The plant is the... 


Interruptions, natural disasters, fire and blackouts the main renewable energy sector risks
27th August 2024 By: Schalk Burger

The main risk facing companies in the renewable-energy sector in Africa and the Middle East is business interruption, which remains the foremost risk, with 63% of respondents to financial services... 


There is growing interest from renewables developers to connect projects to the grid
Interest from IPPs aiming to connect renewables to grid surges to 133 GW
19th August 2024 By: Terence Creamer

The latest edition of the South African Renewable Energy Grid Survey points to there being massive and growing interest from developers of solar PV, wind, battery and hybrid plants to connect to... 


Zambia warns it may shut operation at its biggest dam by October
2nd August 2024 By: Bloomberg

Zambia’s State-owned power utility warned it may cease generating electricity at the Kariba dam by October because the nation’s worst drought yet is depleting water levels at the world’s largest... 


Solar PV panels installed at a mining operation in South Africa
Gaia to raise $200m for Africa in Luxembourg climate fund
31st July 2024 By: Bloomberg

Gaia Fund Managers is raising $200-million for investment in African renewable energy plants and power grids with the assistance of Apex Group. The money will be raised through the Gaia Africa... 


Rows of solar PV panels at a South African project
Africa offers $193bn renewables opportunity, study shows
25th July 2024 By: Bloomberg

Sub-Saharan Africa offers a $193-billion opportunity to invest in renewable energy and transmission by 2031, with returns a multiple of those in Europe and the US, according to a new study.... 


An image of coal
Stable coal consumption expected through to 2025 as electricity demand surpasses renewables supply
24th July 2024 By: Tasneem Bulbulia

Despite the rapid expansion of renewable-energy generation capacity, the considerable growth of electricity demand in key economies indicates the world’s consumption of coal will stay largely... 


The existing Inga hydropower project in the DRC
Development banks seek to revive world’s biggest power project
16th July 2024 By: Bloomberg

Five development finance institutions have banded together to find a way to develop the world’s biggest electricity-generation project, the planned Grand Inga hydropower complex in the Democratic... 


South African power auction model may be rolled out across Africa
16th July 2024 By: Bloomberg

The Development Bank of Southern Africa (DBSA) said it’s seeking to roll out a tendering model across the continent for the supply of power from renewable energy that’s attracted more than... 


A hydropower plant in Angola
ProMarks, Trafigura sign MoU with Angola govt to develop PPP model for power transmission
5th July 2024 By: Schalk Burger

Electrical engineering company ProMarks and industrial conglomerate Trafigura have signed a memorandum of understanding (MoU) with the government of Angola to conduct a technical and economic... 


Africa50 pledges $100m to accelerate renewable-energy projects, infrastructure
26th June 2024 By: Schalk Burger

Infrastructure investment and asset management company Africa50 has pledged up to $100-million to fund and co-finance renewables-based energy transition projects and infrastructure across Africa... 


A solar park in South Africa
WEF Energy Transition Index at its highest ever, but global progress slowing
19th June 2024 By: Schalk Burger

The global energy transition to a more equitable, secure and sustainable energy system is still progressing, but has lost momentum in the face of increasing uncertainty worldwide, international... 


New hydropower capacity by region in 2023
Africa added 2 GW of hydropower last year, but IHA says 90% of on-river potential untapped
12th June 2024 By: Terence Creamer

Africa added over 2 GW of hydropower capacity in 2023 but 90% of the continent’s on-river hydropower potential remains untapped, a new report states. Published by the International Hydropower... 


A wind turbine and a fossil fuel-powered plant
Investment in clean energy to reach $2tr this year, outpacing investment in fossil fuels
6th June 2024 By: Bloomberg

Investment in clean energy technologies will climb to $2-trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency (IEA). Two-thirds of the... 


The Tororo solar plant in Uganda
Red Rocket of South Africa hires Goldman to explore sale option
24th April 2024 By: Bloomberg

Red Rocket, a South African independent power provider, hired Goldman Sachs Group to advise on the next steps for the closely held business – including a possible sale. Shareholders of the Cape... 


Raw copper produced in Zambia
Zambia seeks power imports for key mining sector
23rd April 2024 By: Reuters

Zambia's State-owned electricity utility Zesco said on Monday it is seeking to import power to avert an energy deficit that could affect output in Africa's second-largest copper producer. The... 


AfDB president calls for political will to kick-start Inga 3 project
19th April 2024

Development finance institution African Development Bank (AfDB) group president Dr Akinwumi Adesina has called for a major political commitment to kick-start construction work on the Democratic... 


Installing solar panels
Record yet uneven renewables growth recorded in 2023, Irena report shows
27th March 2024 By: Terence Creamer

Despite record renewable-energy installations of 473 GW last year, the International Renewable Energy Agency (Irena) says the pace of deployment remains well below that needed to match the global... 


Map showing the location of the Batoka Gorge project
Zambia, Zimbabwe to retender $5bn Batoka hydropower plant
25th March 2024 By: Bloomberg

Zambia and Zimbabwe are retendering a $5-billion project to build a hydropower plant they previously awarded to General Electric Co. and Power Construction Corp. of China, and expect to select new... 


Energy-related emissions increased in 2023, but grew by less than 2022, IEA reports
1st March 2024 By: Schalk Burger

Global energy-related carbon dioxide (CO2) emissions rose less strongly in 2023 than the year before, even as total energy demand growth accelerated, with continued expansion of solar photovoltaic... 


TotalEnergies CEO Patrick Pouyanne
TotalEnergies CEO says IMF debt rules hobbling African green energy projects
15th February 2024 By: Reuters

Renewable energy investments in Africa are being hobbled by insufficient government loan guarantees, as the International Monetary Fund keeps a tight leash on country indebtedness, TotalEnergies... 


A hydropower plant and related infrastructure
Mozambique’s $80bn energy overhaul to tap Zambezi’s power
8th February 2024 By: Bloomberg

Mozambique is seeking to become one of Africa’s biggest hydropower producers and launch a green hydrogen industry. The government plans to add 14 000 MW of hydropower capacity, with the bulk of... 


The Cahora Bassa hydropower plant
Mozambique seeks to end 50-year hydropower pact with South Africa
2nd February 2024 By: Bloomberg

Mozambique plans to end half a century of hydropower supply to South Africa’s State-owned electricity utility, raising risks for the continent’s most industrialized economy and threatening the... 


Growthpoint Properties South Africa CEO Estienne de Klerk
Growthpoint enters 195 GWh/y renewable energy PPA with Etana Energy
30th January 2024 By: Schalk Burger

JSE-listed real estate investment trust Growthpoint Properties has entered into a power purchase agreement (PPA) with electricity trader Etana Energy for 195 GWh/y of renewable energy, which... 


Voith equips 2 GW Angolan hydropower plant
Voith equips 2 GW Angolan hydropower plant
20th December 2023 By: Donna Slater

Technology group Voith reports that it has received an order to supply equipment for the large-scale hydropower plant Caculo Cabaça in Angola. The order comprises all electrical and mechanical... 


Egypt says talks over Grand Ethiopian Renaissance Dam have failed -statement
20th December 2023 By: Reuters

Egypt said on Tuesday that the latest talks over the Grand Ethiopian Renaissance Dam (GERD) have failed, but it will closely monitor the process of filling and operating the dam and reserve the... 


Hydropower plants, like Kinguélé Aval in Gabon, can, with refurbishment, play a key role in Africa's energy transition by reducing reliance on fossil fuel-derived electricity
AfDB approves $9.72m grant to modernise African hydropower
19th December 2023 By: Donna Slater

The African Development Bank- (AfDB)-managed Sustainable Energy Fund for Africa (SEFA), on November 21, approved a $9.72-million grant to scale up the Africa Hydropower Modernisation Programme... 


The Zambezi river
Consortium appointed to develop Mozambique hydropower project
13th December 2023 By: Schalk Burger

A consortium comprising of energy companies EDF, TotalEnergies and Sumitomo Corporation, has been selected as the strategic partner by the government of Mozambique and has entered into a joint... 


Eskom Komati power station
Eskom acknowledges difficult trade-offs ahead as it pursues energy transition
7th December 2023 By: Darren Parker

State-owned utility Eskom is expecting to have to make “difficult trade-offs” in its pursuit of a just energy transition (JET) strategy, as it grapples with ongoing short-term operational struggles... 


Mozambique approves $80bn energy transition strategy
27th November 2023 By: Bloomberg

Mozambique’s government approved a strategy to reduce the nation’s dependence on fossil fuels that it estimates will cost $80-billion to implement by 2050, a step aimed at winning finance to... 


A hydropower plant
Chinese firms showcase value of digital twinning in hydropower plants, metal factories
11th October 2023 By: Marleny Arnoldi

As infrastructure engineering software company Bentley Systems gears up to host its 2023 Going Digital Awards in Infrastructure, on October 12, three Chinese finalists in the process and power... 


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Magazine round up | 13 December 2024
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