Tag: South Africa energy

Envision Energy
BusinessHot News

Envision Energy expands Africa footprint with South Africa office launch

Envision Energy Africa Expansion accelerates as the green technology leader opens a Cape Town office to support renewable energy growth.

Timilehin Adejumobi Timilehin Adejumobi
Eskom
BusinessHot News

South Africa’s Eskom advances 3,000-MW gas project with LNG agreement

Eskom LNG Agreement 3000MW Gas Project marks South Africa’s shift to LNG power via Richards Bay deal supporting 25-year fuel security.

Timilehin Adejumobi Timilehin Adejumobi
Transnet
BusinessHot News

South Africa’s Transnet signs $1.3 billion LNG terminal deal at Ngqura

Transnet signs a $1.3 billion LNG terminal deal at Ngqura as South Africa accelerates its transition to gas energy.

Timilehin Adejumobi Timilehin Adejumobi
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
Growthpoint’s 36 Hans Strijdom Foreshore building in Cape Town, occupied by Ninenty One.
BusinessHot News

Growthpoint, Etana Energy launch first pooled green power wheeling in South Africa

Growthpoint and Etana Energy launch South Africa’s first pooled renewable energy wheeling system across Cape Town commercial properties.

Timilehin Adejumobi Timilehin Adejumobi
Sanlam backs African clean energy trader GreenCo with $10 million
BusinessTechnology

Sanlam backs African clean energy trader GreenCo with $10 million

Africa’s clean energy sector is moving beyond the construction of solar and wind projects. Attention is increasingly turning to the systems that allow electricity to be traded more efficiently across borders and delivered to businesses that need reliable power.  That change is attracting investors looking for opportunities in Africa’s growing electricity market. Governments across the region continue to face pressure…

Oluwatosin Alao Oluwatosin Alao
South Africa’s Eskom, Swiss Firm launch next-generation battery project
BusinessTechnology

South Africa’s Eskom, Swiss Firm launch next-generation battery project

South Africa is stepping up efforts to overhaul its power sector as state-owned utility Eskom joins forces with Swiss energy storage company Energy Vault to develop a large-scale gravity battery project aimed at cutting the country’s dependence on coal.  The project will be built at Eskom’s Hendrina Power Station in Mpumalanga, a coal-fired plant that has supplied electricity to South…

Oluwatosin Alao Oluwatosin Alao
Trafigura
BusinessHot News

Trafigura targets stake in South Africa’s Natref refinery

Trafigura, a leading independent global commodities trader, is among a trio of global commodities traders competing for a 36.36% stake in South Africa’s Natref refinery, underscoring renewed international interest in strategic African energy infrastructure. The Singapore-based commodities giant is facing competition from industry rivals Vitol and Glencore as bidding advances for the minority holding in the 108,500-barrel-per-day refinery. The stake…

Timilehin Adejumobi Timilehin Adejumobi
South Africa power dispute deepens as Eskom faces pressure over grid control shift
BusinessTechnology

Eskom urged to shift grid control to NTCSA amid South Africa power strain

South Africa’s power sector is under fresh strain as tensions rise between Eskom and independent power producers, sharpening concerns about grid access, energy security and the pace of renewable energy investment.  A recent court ruling has brought the issue into sharper focus, raising questions about how scarce grid capacity is shared in one of Africa’s tightest electricity markets. Demand for…

Oluwatosin Alao Oluwatosin Alao
Vivo Energy
BusinessHot News

Vivo Energy to invest $130 million in Durban to expand South Africa storage

Vivo Energy’s $130 million Durban project expands fuel storage, enhancing South Africa’s resilience against global supply disruptions.

Timilehin Adejumobi Timilehin Adejumobi
Koeberg Nuclear Power Station
BusinessHot News

Eskom’s Koeberg unit hits 99.4% output after yearlong run   

Eskom’s Koeberg Nuclear Power Unit 2 ran 365 days uninterrupted, delivering 946 MW to Cape Town and boosting South Africa’s grid stability.

Timilehin Adejumobi Timilehin Adejumobi
Kulani Energy, a wholly Black women-owned engineering and energy infrastructure firm
BusinessTechnology

Kulani Energy expands grid reach with Optipower deal

Kulani Energy has acquired key assets from Optipower, a business that previously operated under Murray & Roberts Limited, now in business rescue. The transaction was completed through Kulani Energy’s subsidiary, OptiProjects, which focuses on power transmission, distribution and renewable energy infrastructure.  The deal strengthens Kulani Energy’s role in engineering, procurement and construction at a time when South Africa is working…

Oluwatosin Alao Oluwatosin Alao