Login
Zambia has signed an agreement to start exporting an additional 80MW to Namibia, having agreed to a 100MW deal in 2020. Under the ten-year power supply agreement, state utility Zesco will earn $500m.
Wärtsilä has signed a ten-year service agreement with Malicounda Power for the service and maintenance of its 130MW power plant located in Mbour.
The European Union-funded Electrification Finance Initiative (EDFI ElectriFI) has extended a $3.1m loan to German C&I solar power provider Redavia to enable it to expand its business in Ghana and Kenya.
Media reports that off-grid solar company Bboxx has acquired PEG Africa are inaccurate, African Energy understands, but discussions over a possible continue
In a trading and operations update issued just ahead of its 12 May annual general meeting, London-listed Genel Energy said that, beyond its focus of two decades on the Kurdistan Region of Iraq, it was planning work in two African jurisdictions.
UK-listed junior Wildcat Petroleum has won a non-exclusive licence to evaluate 20 offshore oil and gas blocks in Sierra Leone.
Sub-Saharan African countries flared 12.15bcm of natural gas in 2021, according to newly-released data from the World Bank Group’s Global Gas Flaring Reduction Partnership (GGFR), the equivalent of 32.4m tonnes of CO2 and $1.4bn worth of gas sales.
Sun King – the rebranded Greenlight Planet – has raised $260m in a funding round. The series D round attracted major private institutional investors. The fundraising was seen by some observers as a vote of confidence in the solar home system industry, which has suffered negative press in recent months over alleged sharp business practices and continues to face questions about the sustainability of business models.
Trident Energy has secured an extension to its production sharing contract in Block G, in the Rio Muni Basin of Equatorial Guinea to 31 December 2040. The block currently produces around 35,000 b/d of oil.
Ngodwana Mill’s biomass energy plant in Mpumalanga province came on stream in March, with capacity to burn up to 35 t/hr of biomass to generate steam and drive a turbine to generate electricity which is fed into the national grid, shareholder Sappi Southern Africa spokesperson Zelda Schwalbach told African Energy.
The World Bank Group (WBG) has launched a tender for consultants to conduct feasibility studies on four solar photovoltaic plants to be developed near Bissau, Gabu, Cacheu and Bafata. Expression of interests are due to be submitted by 25 May.
Eswatini Electricity Company is inviting proposals to supply gas for a planned large combined cycle power plant, despite issues surrounding feedstock imports. Submissions are due by 27 May.
The World Bank on 15 September approved a $150m International Development Association (IDA) grant to provide a rapid response to the financial crisis faced by the Ivoirian government. It will also support essential reforms to improve governance,
Solar and wind independent power producers (IPPs) spoken to by African Energy are optimistic about the progress of power purchase agreement (PPA) negotiations which got under way with the Tanzania Electric Supply Company (Tanesco) in April.
Ghana's Bui Power Authority (BPA) is due to bring 154MW of solar generating capacity online in late-2022 or early-2023, as part of ambitions to expand its renewable energy generating capacity.
