Eskom lost another senior figure on 10 January as chairman Jabu Mabuza resigned, ostensibly because Eskom failed to live up to a promise made by President Cyril Ramaphosa on 11 December that there would be no load-shedding between 17 December and...
The Shanghai-based New Development Bank, formerly known as the BRICS Development Bank, has approved a loan of ZAR6bn ($400m) to Eskom Holdings for the establishment of a battery energy storage system comprising 360MW of distributed battery...
Woodside Energy and its partners announced a final investment decision (FID) for the Sangomar field development at a signing ceremony in Dakar on 14 January. The FID comes after the government granted a 25-year exploitation authorisation on 8...
EDP Renováveis, the renewable energy arm of Portugal’s state power utility, announced on 23 December that it would invest $3m in decentralised solar system supplier Rensource Energy to support its expansion in Nigeria. The investment, which was...
Nigeria’s Lekoil has admitted it was scammed by intermediaries purporting to offer a $184m loan from the Qatar Investment Authority (QIA) for appraisal and development of the Ogo field in OPL 310. AIM-listed Lekoil said it had met individuals...
Eni and its partners in Nigeria LNG announced a final investment decision (FID) on 27 December for the long-mooted Train 7 expansion of the plant. The development will increase NLNG’s production capacity to more than 30m t/yr from the current 22....
Independent power producer Diaz Wind Power, a subsidiary of United Africa Group (UAG), has secured the land for a 44MW wind farm at Lüderitz in Namibia’s south-western Karas region. A land lease agreement was signed with the Ministry of...
France’s Neoen announced on 19 December that it had reached financial close on its 41MWp Metoro solar PV project. Portugal’s Efacec has started to build the plant, which will be the second utility-scale solar project supplying Mozambique’s...
The European Bank for Reconstruction and Development (EBRD) is seeking expressions of interest from consultants by 24 January for an environmental and social impact assessment of a proposed 300MW pumped storage power plant in El Menzel, northern...
UAE-based Phanes Group announced on 20 December that the $67m Nkhotakota solar PV project had reached financial close. Initial site works have begun for the 46MW project, and partner responsAbility Renewable Energy Holding told African Energy...
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