Browsing: Power

Eskom launches three programs to procure 1,000 MW for the national grid from Independent Power Producers.

Egypt is undertaking a range of measures to hit its renewable power targets by 2035 with the support of regional and international bodies.

Southern Africa has been highlighted as rich in oil and gas resources as South Africa aims to use gas in its move to a lower carbon footprint.

South Africa’s REIPPP is facing challenges as a result of the global energy crisis.

The Botswana Power Corporation has signed an agreement with Scatec to create a 50 MW solar power plant as part of the country’s shift to green power.

The SA Investment Conference has achieved 95% of its investment drive goals, according to South African President Cyril Ramaphosa.

ACWA Power signs deal worth up to USD 1.5 billion that will provide power to over 1 million households in partnership with Hassan Allam Holding.

Saudi Crown Prince Mohammed bin Salman is set to embark on a regional tour to bolster international co-operation.

According to a report by Apicorp, energy investments over the next five years are set to grow by 9% to each USD 879 billion as exporters boost spending on the back of higher oil revenues.

Masdar, Abu Dhabi’s sovereign investment company’s green energy producer, and Egypt’s Infinity Energy are set to buy a majority stake in South Africa’s Lekela Power. The deal would involve buying private equity firm Actis’ stake, in a deal valued near USD 1 billion.