Tech & Power Generation

Multiple wind turbines set against a sunset sky
Gas

10Gw Wind Farm In Egypt Takes Major Step Towards Construction

Cairo, Egypt, May 15, 2024: Infinity Power, the largest African renewable energy developer, along with Hassan Allam Utilities, a sustainable infrastructure focused development and investment platform, and the UAE’s flagship renewable energy company, Masdar, one of the world’s leading clean energy companies, have today signed a Land Access Agreement with the Egyptian Government for the consortium’s 10GW […]
Finance

Dfc, Sierra Leone Promote Access To Reliable Energy With Up To $412 Million In Additional Financing And Political Risk Insurance

DALLAS, TEXAS – The U.S. International Development Finance Corporation’s (DFC) Deputy Chief Executive Officer (DCEO) Nisha Biswal and Chief Minister of Sierra Leone David Moinina Sengeh today announced up to $412 million in financing and political risk insurance in support of the country’s plans to address rolling blackouts and expand its power system through renewable […]
Gas

South Africa’s Fast Growing Numbers Of Virtual Power Plants To Be Optimised With Ai

Increasingly in use in South Africa, Virtual Power Plants (VPPs) are a network of different power sources such as wind, solar and battery energy storage systems working together, sometimes at different locations. Currently, South Africa has at least five utility-scale VPPs either under construction or in operation but their numbers are expected to increase due […]
Battery Storage

Globeleq – A Change Of Chief Executive Officer

LONDON: 29 April 2024: The Board of Globeleq, the leading independent power company in Africa, and its shareholders announce that Jonathan Hoffman, currently Chief Development Officer, has been appointed interim Chief Executive Officer (CEO) of Globeleq. Jonathan replaces Mike Scholey who will be stepping down from Globeleq at the end of June 2024. Mike is […]
Battery Storage

Globeleq to Build Africa’s Largest Standalone Battery Energy Storage System in South Africa

This new reliable energy infrastructure will help tackle load-shedding – and keep the lights on. Globeleq, the leading independent power company in Africa, announced on Friday 5 April that its Red Sands project in the Northern Cape has been awarded Preferred Bidder status in South Africa’s Energy Storage Capacity Independent Power Producer Procurement Programme (ESIPPPP). […]
Gas

Akinwole Omoboriowo, Chairman & CEO, Genesis Energy, Talks About Future Plans & “Weaponizing” the $10billion MOU Signed With USAID in 2023

Known as one of most influential figures in the African power sector, Akinwole Omoboriowo heads up Genesis Energy Group, a multi-award winning energy infrastructure development, climate impact investment and asset management group of companies. EnergyNet caught up with him after he spoke at the Powering Africa Summit, 5-6 March, Washington DC.    What was your […]
Gas

Chairman & Ceo, Genesis Energy, Talks About Future Plans

Known as one of most influential figures in the African power sector, Akinwole Omoboriowo heads up Genesis Energy Group, a multi-award winning energy infrastructure development, climate impact investment and asset management group of companies. EnergyNet caught up with him after he spoke at the Powering Africa Summit, 5-6 March, Washington DC.      What was […]
Coal

Bitcoin Mining – The Answer to Monetizing Stranded Energy?

Cryptocurrency has been around since 2009, when Bitcoin software was first made available to the public. It continues to be one of the most hotly debated global financial topics. But could it be the answer to monetizing stranded energy? And provide a technology solution for Africa’s energy infrastructure?      This is exactly what Marathon Digital Holdings addressed […]
Coal

Bitcoin Mining – The Answer Monetizing Stranded Energy?

Cryptocurrency has been around since 2009, when Bitcoin software was first made available to the public. It continues to be one of the most hotly debated global financial topics. But could it be the answer to monetizing stranded energy? And provide a technology solution for Africa’s energy infrastructure?      This is exactly what Marathon Digital […]
Gas

Milele Energy Expands with Internationally Experienced Infrastructure Team in Nairobi

Milele Energy, Founded by Former GE Africa Executives, Increases Capacity to Expedite Deals in Africa NAIROBI, KENYA, February 21, 2024/ EINPresswire.com — Milele Energy, a leading player in the African energy infrastructure sector, proudly announces the expansion of its infrastructure team in Nairobi, Kenya. This strategic move marks a significant milestone for Milele Energy and positions […]
East Africa

Meridiam and Rift Valley Energy – transforming the Tanzanian power mix

In July 2023, Meridiam announced its acquisition of Rift Valley Energy (RVE), in a move set to grow its renewable energy portfolio and support rural electrification in southern Tanzania. With both companies speaking at the 5th Tanzania Energy Cooperation Summit (TECS24), EnergyNet caught up with Michael Gratwicke, CEO of RVE, and Matthieu Odoux, Senior Associate at Meridiam. […]
Energy access

Tanzania and EAC at the centre of regional transmission expansion: Tanzania Energy Cooperation Summit 2024

Confirmed as one of the most stable and important investment destinations on the continent, Tanzania prepares to host the fifth annual Tanzania Energy Cooperation Summit (TECS) from 31 January to 1 February 2024 in Arusha, home of the East African Community (EAC). Investors from across industry, finance and government are convening to showcase Tanzania’s potential. […]

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