The South African government has increased the wind energy allocation for Renewable Energy Independent Power Producer Procurement Programme bid window six to 3.2GW due to the urgent need for increased capacity …
RENEWABLE ENERGY
-
AfricaAFRICA NEWSEconomyEnergyNewsSouth AfricaSouthern Africa
-
AfricaAFRICA NEWSBusinessEconomyEnergyNewsNigeriaWestern Africa
World Bank, US commit $3bn to Nigeria’s energy transition plan
The World Bank and the US Export-Import Bank (EximBank) say they will commit over $3 billion to the implementation of Nigeria’s energy transition plan. The international organisations made the commitment …
-
BusinessEnergySouthern Africa
Shoprite secures R3.5bn in loans to invest in environmental and renewable energy.
Shoprite Holdings, Africa’s largest food retail group has secured R3.5 billion from the country’s largest banks to further invest in various environmental and renewable-energy linked projects. The JSE-listed group on …
-
AfricaAFRICA NEWSEconomyEgyptEnergyNewsNorth AfricaNorthern Africa
SCZONE, Toyota Tsusho signs MoU for renewable energy projects in Egypt
Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) signed a memorandum of understanding (MoU) with Toyota Tsusho Corporation, a member of the Japanese manufacturer Toyota Group, …
-
AfricaAFRICA NEWSBusinessEnergyNewsSouth AfricaSouthern Africa
Eskom coal supplier Seriti buys controlling stake in Windlab Africa
Major Eskom coal supplier Seriti Resources has acquired a controlling stake in renewable energy company Windlab Africa for R892 million. The deal gives Seriti a 51% stake in the wind …
-
Crossboundary, (CBEA) a Kenya-based Energy Access has raised $25 million to finance solar-powered minigrids across Africa. The funding was raised from ARCH Emerging Markets Partners limited, Bank of America, and Microsoft Climate …