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Renewable Energy
2024-09-14
EIB, Firstrand Bank Invest €400M in South African Renewable Energy Projects
The EIB believes that South Africa has lacked investment opportunities to reach its renewable energy potential. Credit: Dancing_Man via Shutterstock.Several solar and wind projects in South Africa have received €400m (R7.9bn) from a joint initiat
LNG
2024-09-14
Egypt Fully Awards Tender for 20 Winter LNG Cargoes, Sources Say
Egypt has bought 20 cargoes of liquefied natural gas (LNG) via the first tender issued to cover its winter demand since 2018, securing full volumes it was seeking at smaller than expected premiums, trading sources told Reuters on Friday.The most populous
Oil & Gas Trade
2024-09-14
Nigerian Communities Seek $310 Million From Shell, Want Asset Sale Stopped
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsNigerian communities are claimi
Solar Power Plant
2024-09-13
Egypt Set for Giant Solar-Plus-Battery Storage Project
Norway’s Scatec has signed a 25-year PPA with Egyptian Electricity Transmission Co. (EETC) for a 1 GW solar and 100 MW/200 MWh battery storage hybrid project in Egypt.This will be the first hybrid solar and battery project in Egypt, said Scatec
Hydropower Plant
2024-09-13
Water Utilities Corporation Invites Bids for Floating Solar on Dams in Botswana
Letsigobo DamBotswana’s Water Utilities Corporation (WUC) has issued a tender for the provision of an assessment and technical feasibility study for the implementation of a floating solar PV plant at its dams. The project will involve an open in
Solar Power Plant
2024-09-12
Singapore’s Elite Solar to Build 8GW Solar Manufacturing Hub in Egypt
The new facility will focus on the production of high-efficiency solar cells. Credit: Quality Stock Arts / Shutterstock.Singapore-based integrated solar manufacturing solutions provider EliTe Solar has announced plans to build an 8GW solar manufacturing h
Renewable Energy
2024-09-12
European, Southern African Development Banks to Lend Extra $220 Mln to Clean Energy Projects
Wind turbines produce renewable energy outside Caledon, South Africa, May 20, 2020. Picture taken May 20, 2020. REUTERS/Mike Hutchings/File Photo Purchase Licensing RightsThe European Investment Bank (EIB) and Development Bank of Southern Africa (DBSA) sa
Offshore Wind Power
2024-09-11
Morocco Eyes Development of Its First Offshore Wind Project off Atlantic Coast
The European Investment Bank (EIB) has issued a tender notice for technical assistance to conduct a feasibility study in an area off Morocco’s Atlantic coast for the country’s first offshore wind project.According to the Moroccan Agenc
Solar Power Plant
2024-09-11
Algeria’s PV Capacity Tops 436.8 MW
The Algerian Commission for Renewable Energy and Energy Efficiency (CEREFE) has released the latest statistics for Algeria's renewable energy sector.By the end of 2023, Algeria's total renewable energy capacity had reached 600.9 MW, which
Solar Power Plant
2024-09-11
Namibia Partners With Chinese Companies to Build Solar Power Plant
The solar facility is set to bolster Namibia’s power generation capacity. Credit: BELL KA PANG / Shutterstock.Namibia’s state-owned power utility NamPower has partnered with two Chinese companies to commence the construction of the cou
Oil & Gas Trade
2024-09-10
Exxon Withdraws From Race to Buy Stake in Namibia Oil Block From Galp, Sources Say
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File photo Purchase Licensing RightsExxon Mobil (XOM.N), opens new tab has pulled out of the race to buy half of Galp Energia's (GALP.LS), opens n
Green Hydrogen
2024-09-10
EU Gives South Africa $35 Mln in Grants for Green Hydrogen Plans
European Energy Commissioner Kadri Simson speaks as she attends a joint press conference with Ukrainian Energy Minister German Galushchenko (not pictured), amid Russia's attack on Ukraine, in Kyiv, Ukraine, May 6, 2024. REUTERS/Maksym Muzychenko-K
LNG
2024-09-07
Nigeria Licenses First Floating LNG Plant for Export and Domestic Use
A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsNigeria's oil regulator on Friday granted UTM Offsho
Geothermal Power Project
2024-09-06
Underwriting Facility Established to De-risk Geothermal in Kenya
Kifaru II rig of GDC on site at Paka, Baringo-Silali geothermal project, Kenya (source: GDC)The Insurance Regulatory Authority (IRA) of Kenya has announced the establishment of the Geothermal Risk Underwriting Facility, a program that aims to leverage loc
Solar Power Plant
2024-09-05
Huawei and Rea Inaugurate Solar Photovoltaic (PV) Facility in Nigeria
Huawei has signed a partnership with Nigeria’s Rural Electrification Agency (REA) to develop a solar photovoltaic (PV) facility, aimed at expanding the country’s clean energy capacity.This collaboration was highlighted in a statement f
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