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.
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 Rockefeller Foundation will work with e-GUIDE and Atlas AI to promote climate resilient infrastructure investment and economic development.
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.
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El-Molla, recently announced that the country expects to see investments of between USD 7 billion and USD 8 billion in the country’s energy sector in the current fiscal year.