Tech & Power Generation

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Tech & Power Generation

Copperbelt Energy financed 136MW at Itimpi on its own bond, without a state guarantee

Itimpi II went into service at Kitwe in May at a cost of $125.8 million, funded entirely from Copperbelt Energy Corporation's $200 million green bond. It is the largest operational solar plant in Zambia, and it was built without a sovereign guarantee standing behind the paper.
Gas

Europe closes its Russian gas contracts by 2027 and African suppliers are the nearest replacement

Long-term LNG contracts with Russian suppliers become prohibited across the European Union from January 2027, with long-term pipeline contracts ending later that year. African gas production sits closer to European ports than any alternative, and roughly 93 million tonnes a year of new global capacity is arriving at the same time.
Solar

SolarAfrica completes financial close on 342MW SunCentral first phase

SolarAfrica broke ground at SunCentral in June 2024 and has now closed financing on all three facilities in a 342MW first phase between Hanover and De Aar. The R1.35 billion transmission substation built alongside them is what allows a single site to sell to many buyers rather than one.
Tech & Power Generation

EXCLUSIVE: Endowment alone is not a guarantee, says AMDC’s Tunde Muritala Arisekola

Namibia, the DRC, Nigeria, Ghana, Zambia, South Africa, Mali and Burkina Faso have all banned the export of unprocessed minerals. Tunde Muritala Arisekola advises 54 African Union member states on minerals policy, and his argument is that the ban is the easy part.
Tech & Power Generation

Two wind farms outweigh 122 solar projects in South Africa’s latest registrations

NERSA registered 124 generation facilities between April and June, carrying 804MW and R20.18 billion of investment. Two wind facilities account for 568MW of that. The remaining 122 are solar and produce 236MW between them, most of them small and spread across municipal networks.
Tech & Power Generation

Eskom coal decommissioning decision on five stations due by end of September

Camden, Grootvlei, Hendrina, Arnot and Kriel hold emissions exemptions to 31 March 2030. Eskom will say by the end of September whether they shut, repower or run on, and chief executive Dan Marokane has said the answer turns on new capacity being contractually secured. The Energy Council of South Africa leads the work on what follows 2030.
Wind

Infinity Power signs a 25-year PPA for 1GW of wind in the Gulf of Suez

Ras Shokeir will cover around 143 square kilometres of Egypt's Red Sea Governorate, and the power purchase agreement with the Egyptian Electricity Transmission Company runs for twenty-five years. It is the third agreement between EETC and the Infinity Power and Hassan Allam Utilities consortium since November 2025.
Renewable Energy

Two of three Angolan solar sites remain uncontracted under Masdar’s 500MW southern programme

The 150MW Quipungo project in Huila province was the first site signed under Project Royal Sable, in an agreement with the state transmission company in January. The remaining two sites have no offtake in place. Completed, the programme would reach around 300,000 homes. Masdar has contracted one of the three sites in Project Royal Sable, […]
News

Africa’s largest solar and storage agreement awaits financial close before the year ends

Scatec signed a 25-year dollar-denominated agreement with Egypt's transmission company in January covering 1.95GW of solar and 3.9GWh of batteries. Capital expenditure, engineering scope and financing structure are still undisclosed. The company expects to close in the second half of this year.
Tech & Power Generation

ZIZABONA western corridor turns eighteen with 422km still unbuilt across four countries

The line was designed to relieve a central corridor running through Zimbabwe that carries most of Southern Africa's traded power. Initiated in 2008 and targeting an initial 300MW transfer, it remains at consultancy stage while the congestion it was meant to solve has grown.
Tech & Power Generation

Zambia Tanzania interconnector nears completion as two African power pools prepare to trade

A US$292 million grant is funding the Zambian section of the line that joins the Southern African Power Pool to its East African counterpart. Work on the Tanzanian side was due to finish this year. Once live, Zambia can import in a dry year and export in a wet one.
Solar

Kariba floating solar targets October financial close on a US$400 million package

Green Hybrid Power, a vehicle established by Zimbabwe's Intensive Energy Users Group, has taken preparatory work as far as a US$4.4 million Afreximbank facility allows. Energy minister July Moyo has said he hopes to close the financing by October, with panels floating on the reservoir alongside the hydro station rather than replacing it.

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