Category: Renewable Energy

Africa’s largest solar rooftop installation was recently launched in Ghana, announced by Herbert Krapah, the country’s Minister of State for Energy, on Thursday. According to the Russian newspaper Sputnik, the solar installation spans 95,745 square meters—equivalent to 20 football fields—and was inaugurated in the city of Tema, Ghana. Funded by the World Bank’s International Finance Corporation (IFC), this solar project aims to generate 24.7 GWh of clean energy annually. The project, costing $17 million, is

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Engie Energy Access has successfully connected over 220,000 families in Mozambique to solar energy through a project valued at more than €18.3 million, the company announced on Thursday. This initiative has provided solar power to over 1.2 million people across ten of Mozambique’s eleven provinces. The company, which started operations in 2019, is the sole renewable energy provider in Mozambique offering comprehensive off-grid solutions, including solar home systems and mini-grids. To strengthen its presence, Engie

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The US International Development Finance Corporation (DFC) has approved a loan of up to $99 million to finance Mozambique’s first utility-scale wind-power project. Alongside this loan, DFC will provide $80 million in political risk insurance to Globeleq Africa, the developer of the 120-megawatt project near Namaacha in southern Mozambique, according to a statement from the lender on Tuesday. The project will require approximately $268 million in total funding, as noted on the DFC’s website. Mozambique,

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The Federal Government of Nigeria has entered into a significant agreement with the Foundation for Sustainable Social Responsibility in Emerging Africa (FOSSREA) to advance hydrogen development initiatives. Mrs. Oluwakemi Ogunmakinwa, Deputy Director of Press and Public Relations in the Ministry of Petroleum Resources, emphasized in a statement that the agreement marks a pivotal moment in Nigeria’s commitment to hydrogen as the future fuel. She quoted Permanent Secretary Ambassador Nicholas Agbo Ella, who highlighted the strategic

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BP has partnered with Masdar, Hassan Allam Utilities, and Infinity Power to develop a multi-phase green hydrogen project in Egypt, formalized through a joint development agreement (JDA). Under the JDA, BP will serve as the main developer and operator on behalf of the consortium. The partners will merge their respective green hydrogen (gH2) initiatives in Egypt, exploring the potential for a large-scale, multi-phase project focused on developing gH2 and its derivatives for export. The consortium

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Civil construction activity remains robust, driven by renewable energy projects, particularly a notable shift from solar to wind energy. The FNB/BER Civil Confidence Index fell slightly from an eight-year high of 47 in Q1 2024 to 44 in Q2 2024. This decline indicates that over 55% of respondents are dissatisfied with current business conditions, reflecting a slight dip in business sentiment and a slowdown in activity. Despite this, the growth indicator remains well above its

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