Infinity Power, a joint venture between the Netherlands-based Infinity Group and the UAE’s Masdar, has announced a new milestone with the signing of a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC). The agreement covers a 200 MW onshore wind project located in Ras Ghareb, in the Gulf of Suez region. While specific timelines for construction and financial closure were not disclosed, Infinity Power projects that the wind farm will generate 810,000
The United States is supporting Angola’s transition from an oil-dependent economy to a hub for critical minerals processing and clean power exportation, according to a senior US official. “Angola and the United States are aligned on all the major points related to energy access, energy security, decarbonization, and critical minerals,” stated US Assistant Secretary of State for Energy Resources Geoffrey Pyatt during an online media briefing on Tuesday. Angola, a leading crude oil producer in
The municipality of Luena in Moxico province has launched a 25.3 megawatt Solar Photovoltaic Park, now operational and capable of serving more than 171,000 consumers. This new installation, costing over 36 million euros, features 43,680 solar panels. It is expected to save the province approximately 19.5 million liters of fuel annually and prevent the emission of more than 68 tons of carbon dioxide each year. With the new park, Moxico gains an additional source of
According to a document from Eletricidade de Moçambique (EDM), the Temane Thermal Power Plant (CTT), located in Inhassoro district, Inhambane province, will commence commercial operations in January 2025. Expected to be the largest gas-fired power station in Mozambique, the plant will generate 450 megawatts (MW) of electrical energy using natural gas reserves from Pande and Temane over a period of 25 years. This capacity increase is projected to raise the country’s installed electricity production capacity
The Luena Photovoltaic Plant in Moxico province is slated to become operational next month, following the completion of electrical grid interconnection work scheduled for May 30th. This project will significantly enhance the city’s electricity distribution capacity, contributing over 26 MW to the local grid. According to the Moxico provincial government’s Facebook page, the plant is currently in its experimental phase and has the capacity to meet the energy demand of approximately 20 MW. The final
Genesis Energy, an energy infrastructure development firm, and the US Agency for International Development (USAID) have entered into an agreement to mobilize $10 billion towards renewable energy, nature-based solutions, and climate mitigation measures in Africa. The collaboration aims to harness private sector investment to assist countries in fulfilling their Nationally Determined Contributions under the Paris Agreement. Implemented under USAID’s Comprehensive Action Against Climate Change Initiative, the agreement spans the next five years. Gillian Caldwell, USAID’s
Cuanza-Norte Province has emerged as a promising candidate to spearhead a pilot project for green energy production, following a recent business visit by Nigerian investors to Cambambe. The mission expressed keen interest in leveraging the province’s abundant resources for the production of green hydrogen, particularly emphasizing the viability of utilizing ammonia, a key component for fertilizer production, alongside established technologies in Nigeria’s industrial sector. Fifi Ejindu, President of the Angola-Nigeria Business Council, underscored the export
Namibia’s groundbreaking Hyphen green hydrogen project received a significant boost last week as the German government extended its support. Enertrag, a joint venture between Hyphen Hydrogen Energy and Nicholas Holdings, is at the forefront of this venture. The German government has designated the Hyphen project as a strategic foreign project, making it eligible for targeted support, indicative of its global strategic importance. This initiative marks a crucial step towards establishing a large-scale green hydrogen industry
Namibia’s dedicated green hydrogen blended finance vehicle, SDG Namibia One Fund, has entered into an agreement with Hyphen Hydrogen Energy to acquire a 24% stake in the latter’s $10-billion green hydrogen development. The Fund will contribute €23 million ($25.1 million) to support the development of Hyphen Energy’s Tsau – Khaeb Green Hydrogen project, the first large-scale green hydrogen facility in Namibia and the largest in sub-Saharan Africa. According to Benedict Libanda, CEO of the Environmental
The German Chancellor, Olaf Scholz, has announced that Germany will enter into future partnerships with Nigeria to invest in critical minerals and natural gas, with a focus on facilitating private investment and economic development. Announced during a joint briefing with Nigeria’s President, Bola Tinubu, in Abuja on October 29, Chancellor Scholz welcomed the West African country’s efforts to expand its liquefied natural gas capacity, while highlighting Germany’s readiness to invest in critical minerals. “There is
