Congolese firm Tinda Energy has finalized a financial agreement with the Chinese engineering company Complant to advance the Ignie 2021-2046 project, a 65 MW renewable energy initiative in the Republic of Congo (RoC). The project, located in the Ignie Special Economic Zone (SEZ), will produce 55 MW from a hybrid solar power plant and an additional 10 MW from a biomass facility. Spread over a 100-hectare area designated for renewable energy within the SEZ, the
Renewable energy firm GridAfrica and global tech giant Huawei have joined forces to install 72 MW of solar power infrastructure to support Zimbabwe’s mining sector. This collaboration aims to reduce reliance on the national grid and cut operational costs for local mining companies. “This initiative will not only optimize energy usage but also provide a sustainable power source that enhances the mining sector’s efficiency and financial stability,” stated Norman Moyo, CEO of GridAfrica. The solar
The African Development Bank Group (AfDB) has approved an $8 million concessional loan to support the 25 MW Ilute Solar Photovoltaic (PV) power plant in Zambia’s Sesheke District. This funding comes from the Sustainable Energy Fund for Africa (SEFA), a multi-donor Special Fund managed by AfDB, which aims to promote sustainable energy projects across the continent. Led by Serengeti Energy Ltd. and Western Solar Power Ltd., the Ilute Solar PV project will boost Zambia’s renewable
Sonangol, Angola’s state oil company, has signed a memorandum of understanding with the Chinese firm Qinghai Lihao Clean Energy to establish a partnership aimed at developing a photovoltaic solar energy industrial chain in Angola. The agreement focuses on the production of solar panels using locally sourced quartz ore as the primary raw material. According to a statement from Sonangol, the partnership will lead to the creation of a solar panel industry in Angola, integrating quartz
CAIRO, October 2024: Egypt has lowered its renewable energy target for 2040 from 58% to 40%, as announced by Petroleum Minister Karim Badawi. He emphasized that natural gas will remain a key part of Egypt’s energy strategy for the foreseeable future. Before hosting the COP27 climate summit in 2022, Egypt committed to increasing renewable energy to 42% of its energy mix by 2035, later advancing the goal to 2030. In June 2024, former Electricity Minister
State-owned utility Electricidade de Moçambique (EDM) is set to invest $110.6 million, in partnership with private companies, to build a 60 MW solar power plant near the Corumana Dam in Maputo province. The project, involving private partners from VBC and operated by Central Solar de Corumana, aligns with Mozambique’s strategic energy goals, according to the non-technical summary of the Environmental Impact Study (EIS), now under public consultation. “This renewable energy project will help the Government
DanAon Energy (Pty) Ltd., a Namibian-owned solar energy company, is advancing plans to build a 40 MW photovoltaic (PV) solar plant in Gibeon, located in Namibia’s Hardap Region. The project is pending approval from the Electricity Control Board of Namibia and an Environmental Clearance Certificate (ECC). The proposed solar park will span 40 hectares and is expected to significantly reduce Namibia’s dependence on traditional energy sources while boosting renewable energy production. The project will feature
Neosun Energy has secured a contract to design and build a 998 kWp grid-tied solar photovoltaic (PV) plant for Dayizenza Mall in Nelspruit, South Africa, furthering its commitment to sustainability and reducing carbon emissions. “The solar power plant is expected to achieve monthly electricity savings of over 50-60% throughout its operational life, delivering both environmental and financial benefits. With a lifespan of more than 40 years, the project highlights Dayizenza Mall’s dedication to minimizing its
In 2023, global employment in the renewable energy sector reached 16.2 million jobs, up from 13.7 million in 2022. This data comes from the report “Renewable Energy and Jobs: Annual Review 2024,” co-published on October 1, 2024, by the International Renewable Energy Agency (IRENA) and the International Labor Organization (ILO). The report notes that 2023 marked the strongest annual increase in job creation within the renewable energy sector. China led the way, accounting for 7.4
American multinational Sun Africa has secured $1.6 billion in financing from the Export-Import Bank of the United States (EXIM Bank) for solar energy projects in southern Angola. The announcement was made by Sun Africa representative Eguinilson da Silva during the Conference on the Coordination of Support for the Lobito Corridor, held in Lobito, Benguela province. “During the conference, we confirmed the approval of over $1 billion for projects in the south, which Sun Africa is
