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Renewable Energy

An Eskom power station and transmission infrastructure
Eskom risk premium falls as turnaround wins over bond investors
20th December 2024 By: Bloomberg

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... 


SAPVIA CEO Dr Rethabile Melamu
South Africa PV capacity increases 12% in 2024
20th December 2024 By: Schalk Burger

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... 


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,... 


Power pylons on farmland
South Africa still in ‘foothills of economic recovery’ as fourth-quarter policy uncertainty rises to 65.7
19th December 2024 By: Schalk Burger

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... 


Structural reforms needed for growth in South Africa, collaboration crucial – BLSA
17th December 2024 By: Schalk Burger

Growth in South Africa cannot occur without underlying structural reforms and, to accelerate the implementation of structural reforms, effective collaboration between business, labour and... 


A Seriti Green wind farm
Seriti Green says G20 will put Mpumalanga on the map for JET discussions
13th December 2024 By: Marleny Arnoldi

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... 


Rooftop solar panels
GoSolr expresses concern about Eskom targeting solar users with higher tariffs
12th December 2024 By: Marleny Arnoldi

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... 


Pele Green Energy CEO Gqi Raoleka
100 MW Free State solar project represents IPP empowerment landmark
12th December 2024 By: Terence Creamer

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... 


Renergen concerned about its mineral rights amid solar plant construction
11th December 2024 By: Tasneem Bulbulia

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... 


MTN sponsors microgrid initiative delivering renewable energy, connectivity to Orange Farm
11th December 2024 By: Natasha Odendaal

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... 


renewable energy and city at night
Renewables covering area the size of Europe needed for clean energy future, report shows
10th December 2024 By: Darren Parker

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... 


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,... 


BLSA CEO Busi Mavuso
Fixing logistics, water sectors still long way off in South Africa - BLSA
9th December 2024 By: Schalk Burger

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... 


Sturdee Energy solar farm
Swedish, Danish funders invest in Southern African IPP
9th December 2024 By: Marleny Arnoldi

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... 


An image of the signing ceremony between Sturdee Energy and Frans Indongo Group, held in collaboration with RMB
Sturdee Energy, Frans Indongo Group, RMB Namibia collaborate on solar projects
9th December 2024 By: Tasneem Bulbulia

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... 


Eskom, NTCSA brief lawmakers
Eskom, NTCSA brief lawmakers
6th December 2024 By: Creamer Media Reporter

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... 


An image of the Daures Green Hydrogen Village
Green hydrogen project aims to advance sustainability goals
6th December 2024 By: Nadine Ramdass

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... 


Kariega plant solar array expanded to over 12 000 panels
6th December 2024 By: Irma Venter

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... 


An image of Workforce Staffing Namibia country manager Julien Karambua
Growth drives job creation, skills development
6th December 2024 By: Nadine Ramdass

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... 


Signing ceremony on the sidelines of Africa Investment Forum Market Days
Africa50 signs agreement to manage International Solar Alliance’s Africa Solar Facility
5th December 2024 By: Sabrina Jardim

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... 


Rooftop solar panels
SOLA has produced 1bn kilowatt-hours of clean electricity
5th December 2024 By: Schalk Burger

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... 


An image of Enel Green Power Southern Africa country manager Manuele Battisti
Enel Green Power looks to augment its South African footprint
5th December 2024 By: Tasneem Bulbulia

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... 


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... 


Eskom Group CEO Dan Marokane
Eskom outlines ‘aspirational’ generation vision in meeting with lawmakers
4th December 2024 By: Terence Creamer

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... 


Ukaqala Solar 3D rendering
Mulilo reaches financial close on 75 MW solar plant
4th December 2024 By: Sabrina Jardim

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... 


Eskom appoints group executive for strategic delivery
3rd December 2024 By: Creamer Media Reporter

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... 


South Africa’s launched its King Protea G20 Presidency logo on December 3
Germany commits R5.2bn to South Africa and promises to deepen cooperation ahead of Joburg G20
3rd December 2024 By: Terence Creamer

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 progresses electricity programme
3rd December 2024 By: Tasneem Bulbulia

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... 


An image of Standard Bank Energy and Infrastructure, Corporate and Investment Banking senior VP Jeanne-Marie Fatti
CrossBoundary Energy secures $140m to scale African renewable-energy portfolio
2nd December 2024 By: Tasneem Bulbulia

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... 


SAPVIA expects bright year ahead for solar energy
29th November 2024 By: Sabrina Jardim

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... 


Fossil fuel and renewable energy infrastructure
Energy transition is accelerating, but fossil fuel emissions to overshoot targets by 50%
29th November 2024 By: Schalk Burger

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... 


Photo of Terence Creamer
DMRE consults on updated IRP for electricity
29th November 2024 By: Creamer Media Reporter

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... 


A generic image of a coal-fired power station
National programme endorses adoption of sustainable practices
29th November 2024 By: Lumkile Nkomfe

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 poised for transition-based investment opportunities
29th November 2024

Africa’s energy transition presents one of the most significant investment opportunities globally as the continent strives to improve electricity access while prioritising decarbonisation.... 


An image of Sam Leyde
Firm lauds government’s reducing hurdles for less sensitive projects
29th November 2024

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... 


A solar PV plant built by Pele Green Energy
PGE reaches financial close of 100 MW solar plant for Glencore Merafe's ferrochrome smelters
28th November 2024 By: Creamer Media Reporter

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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Magazine round up | 13 December 2024
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