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Finance

Media Release: Red Rocket Reaches Financial Close for South Africa’s Largest Wind Farm

CAPE TOWN, 13 March 2025 – Red Rocket, a leading renewable energy independent power producer, has reached financial close on the first phase of the Overberg Wind Farm, marking a major milestone in South Africa’s clean energy transition. Adding to Red Rocket’s impressive portfolio of wind farms, Overberg Wind Farm will be the latest in […]
Energy access

U.S. Secretary of Energy Chris Wright Outlines Trump Administration Approach to Energy Development in Africa

Washington, March 7, 2025:  The United States will embrace energy from a diversity of sources – from coal to natural gas to nuclear power to solar energy – to increase access across Africa, said U.S. Secretary of Energy Chris Wright on Friday. Speaking at the Powering Africa Summit in Washington, D.C., Wright said the new U.S. administration would partner with African governments and businesses, allowing them to drive their own energy agenda to increase economic growth and prosperity around the continent.
Finance

ARM-Harith: Mobilising Capital at Scale for Africa

With a new fund accelerate Africa’s transition to sustainable energy, EnergyNet spoke to Rachel Moré-Oshodi, CEO of ARM-Harith Infrastructure Investment, about de-risking investments, identifying opportunities, and catalyzing local capital at an unprecedented scale.   Congratulations on the anchor investment from AfDB into your Fund for Sustainable Infrastructure announced in December! How did this come about […]
Finance

Newmarket Capital – Catalyzing Infrastructure Investment for Africa

Newmarket is a Philadelphia-based alternative asset manager investing in innovative real asset solutions at scale and specializing in the risk transfer market.  EnergyNet spoke with Shaz Langha, Vice President and speaker at PAS 25, about the company’s work in Africa, blended finance solutions, and the challenge of scaling development finance from ‘billions to trillions’. Tell […]
Energy access

Sun Africa – Speed, Scale and Doing Things Differently

With tens of billions of dollar’s worth of projects under its belt, Sun Africa is at the center of Africa’s push to meet growing energy needs sustainably. We spoke to CEO Adam Cortese about projects in Nigeria and Angola,  the company’s unique development model, and how it has already been championing an America First approach. […]
East Africa

PRESS RELEASE: How the East African Community (EAC) is set to Catalyse Digital Infrastructure and Regional Energy Integration

With data centres set to account for 20% of global energy use by 2050, is East Africa on the precipice of a global gold rush as it showcases a wealth of bankable businesses and unparalleled new energy potential? In 2024, following EnergyNet’s Powering Africa Summit in Washington DC, USA, Mara Holdings signalled their intent to […]
East Africa

“Technology on its Own Isn’t Enough” – François Xavier Dubois, Siemens Energy, on Regional Collaboration, Cross-Border Energy Partnerships, and the Need for Speed

Siemens Energy is involved in transformational projects across East Africa.  François Xavier Dubois, Head of Business Development for the region, spoke to EnergyNet about the progress being made, the barriers to transition, the significance of gas to power, green hydrogen, and the exciting potential for collaboration in the region's energy future.
Energy access

West Africa: AfDB’s Sustainable Energy Fund Africa to provide $10 million anchor investment in Arm-Harith Investment Fund for Sustainable Infrastructure

WEST AFRICA: 16-Dec-2024: The Board of Directors of the African Development Bank Group has approved a $10 million concessional equity investment in the ARM-Harith Successor Infrastructure Equity Fund to increase access to reliable electricity and modern transportation infrastructure as well as energy-efficient technologies in Nigeria and the wider West Africa region. The catalytic investment, to be sourced from the Bank-managed […]
Coal

Dr Snowy Khoza: A Passionate Advocate for Energy Access

On the brink of the Zimbabwe-Zambia Energy Projects Summit, Dr Snowy Khoza, the internationally acclaimed pioneer, business leader, and human rights activist, spoke to EnergyNet.
Hydrogen

African Countries’ Key Takeaways From The Indian Power Sector

Africa added more than 26 GW of renewable energy capacity and had an average of USD 5 BN in investments between  2010-2020 (while USD 0.5 BN average investment was made from 2000-2009), according to a study by International Renewable Energy Agency (IRENA)1. Despite this growth, only 2% of global investments in renewable energy over the […]
Finance

Pele Energy Group – Inspired By A Vision For Structural Change

South Africa’s Pele Green Energy (PGE) was one of 28 inaugural IPPs to be granted a power generation license in 2011.  With a narrative of entrepreneurship, innovation and tangible impact, Gqi Raoleka, MD of Pele Green Energy, spoke to EnergyNet about the journey.  Pele is 15 years old this year, tell us about your journey as an IPP […]
Finance

Deg – Patient, Long-Term Investors For Africa

Andreas Cremer, Director of Infrastructure and Energy at DEG, leads the debt financing of renewable energy, green hydrogen and infrastructure projects in Africa and Latin America, with a loan portfolio of over US$ 1 billion. He spoke to EnergyNet about challenges, de-risking, innovations in financing and moving towards a self-sustainable energy sector for Africa. What […]

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