Tech & Power Generation

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Grids

Power Pools: A Possible Solution To Africa’s Power Conundrum

In the realm of energy infrastructure, Africa stands at a pivotal juncture. The continent, with its ever-expanding population and growing economy, faces a pressing need for reliable and sustainable energy sources. To give a deeper understanding of the present condition of utilities in Africa, as of 2022, an estimated 600 million people, or about 43% […]
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 […]
Finance

European Investors In Readiness As Energy, Minerals, And Mining Ministers From Across Africa Prepare For Barcelona

More than 33 ministers and 100 high-level public sector officials from across Africa will travel to Spain for the 26th edition of the Africa Energy Forum (aef), 25-28 June, at the Fira de Montjuïc, Barcelona.   With Spain’s commitment of $2.3 billion in funding to South Africa and its recently announced support for green hydrogen […]
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 […]

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