Mozambique to Invest $110.6 Million in New Solar Power Plant Near Corumana Dam

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

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DanAon Energy to Develop 40 MW Solar Plant in Gibeon, Namibia

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

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Neosun Energy to Build 998 kWp Solar Plant for Dayizenza Mall in South Africa

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

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Renewable Energy Jobs Surge to 16.2 Million in 2023, Led by China

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

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Sun Africa Secures $1.6 Billion Financing for Solar Energy Projects in Southern Angola

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

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Sonangol Partners with Energy Firms for Barro da Dande Green Hydrogen Project

Angola’s national oil company, Sonangol, has signed an agreement with energy companies Conjuncta, CWP, and Gauff for the development of the Barro da Dande green hydrogen project. The agreement, finalized during the Angola Oil & Gas conference on Wednesday, encompasses the design, licensing, financing, engineering, and construction of the facility. Located in the municipality of Barro da Dande, the green hydrogen project aims to produce up to 1,200 tons of ammonia for export to the

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Egypt Sets Ambitious Renewable Energy Goals at BRICS Conference

At the BRICS Energy Ministers Conference, Minister of Electricity and Renewable Energy Mahmoud Esmat outlined Egypt’s ambitious objectives, aiming for renewable energy to constitute over 42% of the country’s energy mix and to capture 5-8% of the global green hydrogen market by 2040. In his opening remarks at the conference in Moscow, Esmat emphasized Egypt’s commitment to transitioning to sustainable energy sources, leveraging the country’s abundant solar and wind resources. He explained that Egypt’s strategy

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EU Partners with South Africa to Advance Green Hydrogen Initiatives

The European Union considers green hydrogen crucial for the global energy future and views its collaboration with South Africa as vital in decarbonizing heavy industries. The EU’s hydrogen strategy, outlined in 2020, aims to produce and import 10 million tonnes of hydrogen by 2030. Following a R628 million deal to support South Africa’s green hydrogen agenda, the EU expressed its commitment to investing in hydrogen markets both domestically and globally, underscoring initiatives like the EU

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Egypt to Add 3 GW of Solar and Wind Power to National Grid by 2025

The Egyptian Ministry of Electricity and Energy plans to integrate 3 gigawatts (GW) of solar and wind power into the national grid by the summer of 2025, as reported by a government official to Asharq Business. All projects will be executed by private sector companies under a build, own, operate (B.O.O.) model. This model allows investors to finance, construct, operate, and own the renewable energy projects, while the Egyptian Electricity Transmission Company (EETC) will commit

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Egypt to Add 3 GW of Solar and Wind Power by 2025 Through Private Investments

The Egyptian Ministry of Electricity and Energy plans to integrate 3 gigawatts (GW) of solar and wind power into the national grid by the summer of 2025, according to a government official who spoke to Asharq Business. The projects will be executed by private sector companies under a Build, Own, Operate (B.O.O.) model, meaning the investors will finance, construct, operate, and own the projects, while the Egyptian Electricity Transmission Company (EETC) will purchase all the

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