A $289.5 million financing package from the African Development Bank and the Green Climate Fund will support two major projects that aim to develop solar power generation, transnational electricity interconnection …
Energy Transition
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Energy TransitionIn the News
USTDA Facilitates US-South Africa Collaboration on Green Hydrogen Development
The US Trade and Development Agency is set to host a South African delegation to promote collaboration in the burgeoning green hydrogen sector.
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Energy Vault, a leader in sustainable, grid-scale energy storage solutions, has announced a new licensing and royalty agreement that will expand its global footprint in the Southern African Development Community …
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Energy TransitionIn the News
Nigeria Activates $1.3 Billion Chinese-Backed Power Plant, Boosting Energy Capacity
Mainstream Energy has started operating a new 700 MW hydroelectric plant in Zungeru, Nigeria, financed with a $1.3 billion loan from China.
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Energy TransitionIn the News
South Africa Plans Independent Transmission Project Office to Boost Grid Capacity
The government of South Africa aims to establish an independent transmission project office to procure new grid capacity using a build, operate, and transfer (BOT) model to address ongoing electricity …
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Residents of Coral Beach Residential Estate in the Eastern Cape are enjoying uninterrupted power supply thanks to a state-of-the-art solar photovoltaic (PV) and battery energy storage system (BESS) installed by …
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Energy TransitionIn the NewsMarkets
Dangote Refinery Enhances Product Distribution with Key Partnerships
Dangote Refinery embarks on a major initiative, registering key associations for efficient nationwide distribution of refined petroleum products, reshaping Nigeria’s oil sector.
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Energy Transition
Global Leaders Launch Initiative to Boost Clean Energy Investment in Emerging Economies
The World Economic Forum (WEF) 2024 Annual Meetings in Davos witnessed the launch of a new alliance of ministers and CEOs to unlock the funding needed for the Global South’s …
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Energean, a prominent independent gas producer, has released impressive results, maintaining its trajectory towards achieving a daily production goal of 200,000 barrels of oil equivalent (boepd) despite geopolitical tensions. CEO …
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Nigeria sets a new course in its oil industry, approving Shell’s landmark asset sale to local firms, signaling a shift towards empowering domestic players.