Motoni Olodun

Oil prices rise slightly on robust US GDP growth, but concerns over Asia’s economic outlook limit gains. The market balances optimism with caution amid uncertainties.

Africa’s renewable energy sector, valued at $193 billion, presents vast opportunities in solar, wind, and hydro power, driving sustainable growth and energy access.

Cape Town’s first solar facade skyscraper, completed by Energy Partners and Fairvest, integrates cutting-edge solar technology, marking a significant step in sustainable urban development.

Balancell expands its production facility tenfold and seeks government backing to support South Africa’s energy storage industry and address the nation’s energy challenges.

Oil prices surge as investors anticipate potential US interest rate cuts, sparking optimism about economic growth and increased demand for oil.

Seriti Resources progresses its Mpumalanga wind energy project, underscoring its commitment to renewable energy and transformation into a diversified energy company.

Eskom objects to new trading licenses in South Africa, citing grid stability concerns. This has sparked a debate about competition and efficiency in the energy market.

Cape Town nets R36 million from a successful carbon credit auction, bolstering its sustainability initiatives and climate change mitigation efforts.

South Africa celebrates the official commissioning of its largest wheeling project, promising cleaner and more efficient energy distribution across the country.

:** South Africa’s successful power auction model, designed to boost renewable energy investments, may be adopted across Africa to address power challenges.