Sturdee Energy and the Frans Indongo Group have partnered to develop two solar power projects in Namibia, located in Mariental and Kokerboom, each with a 10 MW capacity, for a combined total of 20 MW. The initiative is backed by a USD 27.98 million investment, with RMB Namibia serving as the lead financial arranger. These projects aim to harness the region’s abundant solar potential using Tier 1 solar equipment and long-term power purchase agreements (PPAs)
Angola is gearing up for a transformative year in 2025, marked by key developments in oil, natural gas, and renewable energy. With a strong focus on maintaining crude production above one million barrels per day (bpd) and diversifying its energy mix, the country is advancing projects in green hydrogen, solar energy, and natural gas. Angola’s next international oil and gas tender is slated for the first quarter of 2025. As part of the six-year licensing
Renewable energy firm Solarise Africa has partnered with Rubis Energy Kenya to launch a joint venture (JV) named Rubisol, aimed at delivering renewable energy solutions to commercial and industrial businesses in East Africa. The Rubisol JV seeks to address the region’s growing demand for decentralized power systems as businesses increasingly turn away from unreliable national grid supplies. By providing locally produced, reliable, and affordable energy, the partnership aims to support economic growth and energy sustainability
Masdar, Infinity Power, and Hassan Allam Utilities have partnered with the Egyptian Electricity Transmission Company (EETC) to accelerate Egypt’s renewable energy transformation. This collaboration includes two Power Purchase Agreements (PPAs) for solar energy projects with a combined capacity of 1.2 gigawatts (GW) and 720 megawatt-hours (MWh) of Battery Energy Storage Systems (BESS). The initiative includes a 900 MW solar power plant with BESS in Wahat and a 300 MW solar power plant with BESS in
Zimbabwe’s renewable energy ambitions have gained momentum with a $10 million investment from the Facility for Energy Inclusion (FEI), finalized on August 30. The funding supports Cicada Solar Limited, a leading solar solutions provider in the country. The long-term senior debt financing will enable Cicada Solar to expand its operations, addressing Zimbabwe’s persistent energy challenges while fostering economic growth through affordable energy solutions and vendor financing programs. Cicada currently manages four active solar projects, with
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
