Category Archives: Energy

Africa: Energy, Renewable Energy, Green Energy, Gas, Oil, Electricity

d.light closes USD$125M funding through a securitization facility to meet growing demand for off-grid solar products in Tanzania

 d.light, the global provider of transformational household products and affordable finance for low-income households, today announced a $30 million securitization facility has been successfully secured from the Eastern and Southern African Trade and Development Bank Group (TDB Group), with the capability to purchase up to $125 million of receivable assets.

Dawn’s Arrival and Africa’s Energy Dilemma: The Potential Impact of the Neutrino Power Cube on Rural Independence

In the heart of Africa, where the vast expanse of wilderness intertwines with rural simplicity, the first rays of the rising sun embroider intricate patterns of light and shadow. As the golden luminescence ripples through the dew-laden foliage, it awakens a world far removed from the frenetic pulse of urban cities.

Boosting Africa’s energy transition – initiatives, funding and investment

The growing focus on energy transition can benefit Africa in numerous ways, including that the continent is already in the process of harnessing its vast supply of renewable energy to generate power, and is also gearing up to increase trade in its large store of critical minerals, needed for the global energy transition.

Accelerating the deployment of renewable energy will save West African countries hundreds of millions of dollars by the end of decade, says Wärtsilä

A strategy shift in favour of renewables will bring significant economic advantages as power systems are expanded.

Nigeria’s industry is rising to the twin challenge of decarbonisation and energy security

Wale Yusuff, the Managing Director of Wärtsilä in Nigeria, explains how businesses operating in energy-intensive industries like cement or steel are investing in flexible engine technologies to secure reliable and efficient power while also setting the perfect stage to make good on their decarbonisation objectives. Nigeria is a major industrial hub. It is home to […]

Gaia launches first specialist REIT investing in on-site solar power solutions for businesses

Gaia Fund Managers announces the launch of South Africa’s first specialist real estate investment trust (REIT) investing in on-site private electricity generation for commercial and industrial clients. In a first round of fundraising, Gaia Renewables REIT – as the fund is called – aims to attract R500 million from institutional investors, high-net-worth individuals, and family offices. The fund will allow […]

Unlocking the potential of Africa: The Neutrino Energy Group’s Pursuit of Strategic Partnerships

The Neutrino Energy Group is revolutionizing energy production with groundbreaking technologies and strategic partnerships In recent years, there has been a surge in the demand for sustainable energy solutions as the world grapples with growing environmental challenges and an increasing global population. Neutrino energy has emerged as a potentially limitless source of clean, renewable power, […]

Wärtsilä’s power engines successfully runs on 25 vol% hydrogen blend, a world first

They ability of engine power plants to run on green hydrogen fuel rather than gas or heavy fuel oil will be a key enabler of Africa’s renewable energy ambitions. The technology group Wärtsilä and WEC Energy Group have successfully tested the capabilities of a Wärtsilä engine running on 25 vol% hydrogen-blended fuel. The tests, which […]

Flexible power technologies will make Africa’s energy leapfrogging a reality

by Marc Thiriet, Director, Africa, Wärtsilä Energy Africa’s ability to leapfrog traditional power systems and adopt renewables on a massive scale is not a fantasy. In-depth studies from Wärtsilä have demonstrated that with the adequate support of flexible power technologies, ambitious renewable energy objectives in Africa are not only achievable, they also represent the soundest and cheapest […]

South Africa: Two birds with one sunbeam – ESG windfall with the expanded renewable energy tax incentive

ENGIE starts operations of Kathu, a 100 MW Concentrated Solar Plant and one of South Africa’s largest renewable energy projects

By Tsanga Mukumba, Associate, and Jordan Moonsamy, Candidate Attorney, and overseen by Kieran Whyte, Partner, Head of Projects, and Virusha Subban, Partner, Head of Tax, Johannesburg. The introduction of an augmented and accelerated capital expenditure deduction for the cost of constructing renewable energy infrastructure in South Africa is a boon for companies that have not yet reached their […]

PAM Africa Launches First Ever Net Zero Village in Africa

Leading Cleantech company becomes Africa’s first solar company to provide quality energy access for Africans. PAM Africa, a renewable energy company that provides quality energy access through Solar PV, Grids, Batteries, and Innovation, has today announced the launch of their Net-Zero Villages – a groundbreaking approach that consists of a community that is designed with […]

Locally manufactured energy saving product

By Nonhlanhla Ntuli  Eskom recently announced the implementation of stage six loadshedding and the National Energy Regulator of SA approved an 18.65% tariff hike by Eskom for the 2023/24 financial year. This as government has pleaded with consumers to reduce their electricity consumption.  According to the EskomSePush app, the struggling power utility implemented 3 776 hours […]

Nigeria’s SAIPEC event serves Sub-Saharan Africa

The seventh edition of the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) will run from 13-17 February at the Eko Convention Center in Lagos. The event will offer a host of B2B networking and partnership opportunities to drive regional collaborations through a week-long programme of activities. The conference will be hosted by the Petroleum […]

Energy to shape the economic future of Africa’s automation and manufacturing industries

SA’s leading trade conference looks for real answers to hard questions from industry experts The importance of energy security in shaping South Africa’s economic future is a key focus at the Africa Automation and Technology Fair (AATF), the continent’s most comprehensive and focused automation platform. Taking place between 9-11 May 2023 at the Johannesburg Expo Centre […]

Evaluating the Continued Need for Liquidity Instruments for IPPs as ATI Closes Phase 1 of its Regional Liquidity Support Facility (RLSF)

By Obbie Banda – Underwriter | Acting RLSF Coordinator, African Trade Insurance Agency (ATI) The African Trade Insurance Agency (ATI) issued the fifth policy under its Regional Liquidity Support Facility (RLSF) in support of the 7.8 MW Nyamwamba II Run-of-the-River hydropower plant in Uganda on 19 May 2022; closing Phase 1 of RLSF, a liquidity instrument jointly founded […]

A new year’s resolution for SA’s energy crisis – and why international organisations hold the key to an accelerated Just Energy Transition

By Alana Kruger, Knowledge Transfer Manager for South Africa at Innovate UK KTN Global Alliance Africa. According to leading lifestyle magazines and spiritual gurus, 2023 is a year for self-reflection, intuition and analytical enlightenment. It also marks 16 years since South Africans first experienced loadshedding – an unwelcome and common occurrence that continues to this […]