Tag: Renewable energy

Abu Dhabi’s HEA Energy acquires two jackup crane vessels from Denmark
BusinessGlobal News

Abu Dhabi’s HEA Energy acquires two jackup crane vessels from Denmark

Abu Dhabi’s HEA Energy acquires two jackup crane vessels from Denmark as it expands its offshore wind presence across Europe.

Oluwatosin Alao Oluwatosin Alao
Renewable Energy
BusinessHot News

South Africa secures Chinese backing for $122 billion energy expansion

South Africa Energy Expansion wins Chinese backing for a $122 billion power, renewable energy and grid investment through 2039.

Timilehin Adejumobi Timilehin Adejumobi
AFDB
BusinessHot News

AfDB backs Egypt’s Dandara solar project with $66 million financing

Dandara solar project receives $66 million AfDB funding to boost Egypt’s renewable energy, storage capacity and green industry growth.

Timilehin Adejumobi Timilehin Adejumobi
Thwake Dam
BusinessHot News

Kenya’s Thwake Dam enters new phase after $82 million funding approval

Kenya’s Thwake Dam project secures $82M funding to boost water security, irrigation, clean energy and economic growth.

Timilehin Adejumobi Timilehin Adejumobi
Hyprop Investment Limited
BusinessHot News

South Africa’s Hyprop Investments raises $45 million as investors back growth plans

Hyprop Investments raises $45 million to fund retail expansion, renewable energy projects and property growth across Africa and Europe.

Timilehin Adejumobi Timilehin Adejumobi
WeLight solar mini-grids
BusinessHot News

Africa’s largest solar mini-grid firm WeLight plans $650 million expansion   

WeLight solar mini-grid expansion targets $650 million to scale rural power access across Africa’s off-grid communities.

Timilehin Adejumobi Timilehin Adejumobi
York Timber signs 10-year renewable energy deal with Discovery Green
BusinessHot News

South Africa’s York Timber signs 10-year green energy deal with Discovery Green

York Timber signs 10-year renewable energy deal with Discovery Green to cut costs, emissions, and boost sustainability in South Africa.

Oluwatosin Alao Oluwatosin Alao
Mainstream Renewable Power
BusinessHot News

A.P. Moller Capital agrees to acquire Mainstream South Africa unit

A.P. Moller acquires Mainstream South Africa unit to expand renewable energy investments across solar, wind and storage markets.

Timilehin Adejumobi Timilehin Adejumobi
AfDB
BusinessHot News

Zambia shifts debt burden into energy investment with AfDB support

Zambia is using AfDB-backed debt relief to fund grid upgrades and strengthen long-term energy security.

Oluwatosin Alao Oluwatosin Alao
Nedbank regional office, Cape Town
BusinessHot News

Nedbank backs Anthem Group’s $353 million green energy expansion

Nedbank backs Anthem Group with $353m green energy funding, boosting South Africa’s renewable power and IPP expansion drive.

Timilehin Adejumobi Timilehin Adejumobi
South Africa’s Eskom commits $73 million to hybrid renewable rollout across coal fleet
BusinessTechnology

South Africa’s Eskom commits $73 million to hybrid renewable rollout across coal fleet

South Africa’s state-owned power utility Eskom is moving ahead with a $73 million investment aimed at blending renewable energy into its existing coal-fired power network. The plan reflects a gradual shift in how the utility is trying to balance electricity reliability with cleaner generation.  The programme comes as South Africa continues to face frequent power disruptions, driven by ageing coal…

Oluwatosin Alao Oluwatosin Alao
Tiger Brands electricity wheeling agreement
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South Africa’s Tiger Brands taps Apollo Africa in electricity deal

Tiger Brands signs renewable electricity deal with Apollo Africa to power Gauteng factories and cut emissions.

Timilehin Adejumobi Timilehin Adejumobi