Tag: solar power

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
EBRD backs $65 million Egypt solar, storage project at Benban Solar Park
BusinessTechnology

EBRD lends $65 million to HAU Energy for solar and storage project in Egypt

The European Bank for Reconstruction and Development is expanding its support for Egypt’s clean energy push with a $65 million loan to finance a new solar and battery storage project.  The funding targets a key gap in Egypt’s power system as demand rises and the country leans more on renewable energy. Officials say combining solar generation with storage will help…

Oluwatosin Alao Oluwatosin Alao