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Eskom Holdings’s risk premium is dwindling as a turnaround at South Africa’s State-owned electricity company gathers momentum. The extra yield investors demand to take on the risk of holding the...
South Africa's total solar PV capacity surged to 8.97 GW this year, which includes 2.8 GW from public procurement and 6.1 GW from private-sector contributions, 11.9% higher than in 2023. A further...
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,...
South Africa is "still in the foothills of economic recovery" and, while external influences must still be skillfully navigated, the country's future economic performance will hinge mainly on...
Growth in South Africa cannot occur without underlying structural reforms and, to accelerate the implementation of structural reforms, effective collaboration between business, labour and...
With Mpumalanga having been selected to host the Group of 20 (G20) energy session in September next year, diversified energy company Seriti Green says the event will propel the province onto the...
State-owned power utility Eskom has sparked debate with its latest tariff proposal, resulting in uncertainties for solar power users. Solar energy company GoSolr co-founder Patrick Narbel points...
The selection of Pele Green Energy (PGE) to supply renewable energy to the South African ferrochrome smelters operated by the Glencore Merafe Venture represents an important milestone in the steady...
JSE- and ASX-listed Renergen has provided an update on ongoing actions involving its majority-owned subsidiary, Tetra4, which produces helium, and a proposed solar plant being planned by another...
Telecommunications group MTN South Africa is sponsoring a microgrid initiative in Orange Farm to bring renewable energy, Internet connectivity and new economic opportunities to the area. MTN’s...
A newly released report by technology and lifecycle solutions provider Wärtsilä shows that an area the size of Europe will need to be covered with renewable power to reach a clean energy future...
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,...
While South Africa is starting to see the fruits of energy sector reforms, it still has a long way to go to fix the water, and transport and logistics sectors despite recent progress, says business...
Sweden-based development financier SwedFund has partnered with Danish Investment Fund for Developing Countries (IFU) to accelerate renewable energy development in Southern Africa. As a starting...
South African independent power producer (IPP) Sturdee Energy has partnered with Namibian-owned entity Frans Indongo Group, to raise a project finance facility of N$500-million from RMB Namibia as...
Engineering News editor Terence Creamer discusses the key themes that emerged during a briefing by Eskom and the National Transmission Company South Africa to lawmakers this week. The briefing...
The Daures Green Hydrogen Village (DGHV) project, in the Erongo region of Namibia, has the potential to produce 5.6 GW of renewable energy comprising 5.1 GW solar and 427 MW wind power. Of this...
Volkswagen Group Africa (VWA) has added a further 3 MW of solar power to its local grid, bringing the total output of renewable energy to 5.9 MW. This is enough energy to power at least 2 000...
Namibia is undergoing a transformative period in energy development, with significant developments in the traditional and renewable-energy sectors. Recent oil and gas discoveries in the Orange...
The International Solar Alliance (ISA) and Africa50 have signed a landmark term sheet laying out the key terms on which Africa50, the pan-African infrastructure investor and asset manager, will...
Renewable-energy company SOLA Group has produced one-billion kilowatt-hours of renewable energy, reaching this goal one month earlier than planned. The company produced the majority of this amount...
As it marks a decade in the region, renewable energy company Enel Green Power Southern Africa is looking to bolster its footprint here, with a keen focus on skills development and capitalising on...
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...
Eskom Group CEO Dan Marokane has outlined an “aspirational” and largely unfunded new generation project pipeline to progressively replace its aged and polluting coal fleet. Having previously...
Independent power producer Mulilo has reached financial close on the Ukuqala Solar Project, in the Northern Cape. This is the sixth project that Mulilo has closed this year, adding 75 MW to...
Power utility Eskom has appointed Alfred Seema as group executive for strategic delivery. He joins the utility from Sasol, where he most recently held the role of VP for gas sourcing and business...
Germany has committed further funding of €276.5-million (about R5.2-billion) to South Africa for the period to 2026 to support several initiatives, including skills development and South Africa’s...
Dr Beyers Naude local municipality (DBNLM) in the Eastern Cape has, to date, achieved all of the goals of the municipality’s electricity programme. This was noted during a visit by Electricity and...
Mauritius-headquartered CrossBoundary Energy, which provides financed renewable-led power solutions to African enterprises, has secured a $140-million senior debt commitment from Standard Bank of...
A recent report by the International Energy Agency (IEA) states that the growth in demand for electricity in 2024 and 2025 is forecast to be among the highest levels in the past two decades. They...
While the new climate finance goal of $300-billion a year from developed nations to support developing nations' energy transition by 2035, and the aim to mobilise an additional $1.3-trillion a year...
Engineering News editor Terence Creamer discusses the intense set of consultations on an updated Integrated Resource Plan (IRP) for electricity held by the Department of Mineral Resources and...
National industry support programme The National Cleaner Production Centre South Africa (NCPC-SA) emphasises that more concerted efforts must be taken to help industries become more...
Africa’s energy transition presents one of the most significant investment opportunities globally as the continent strives to improve electricity access while prioritising decarbonisation....
Global consultancy SRK Consulting lauds the significant efforts aimed at reducing the environmental hurdles for lower sensitivity renewable-energy projects. In a move to support the development of...
Independent power producer Pele Green Energy (PGE) has reached financial close of the 100 MW Sonvanger solar PV power plant that will provide clean, reliable and sustainable for the Glencore Merafe...
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