Southern Africa is popularly associated with sunshine. Does that make the region exceptionally suited to solar energy generation? With electricity shortages plaguing all parts of the sub-continent, a plentiful energy source that is becoming increasingly affordable to tap into seems like an ideal solution. Yet the rollout of solar power generating facilities has been very […]
Ncondezi, Nesa Plan to Launch Solar, Storage JV in Southern Africa
African power development company Ncondezi Energy Ltd (LON:NCCL) this week announced that its renewables subsidiary signed a term sheet with Johannesburg-based investor Nesa to negotiate setting up a solar and storage-focused joint venture (JV) in the southern Africa’s commercial and industrial (C&I) sector. Through 100%-owned Ncondezi Green Power (NGP), the company signed a pact with […]
AFRICA: AREP’s investment will enable the expansion of energy company Sola
African Rainbow Energy and Power (AREP) acquires 40% of Sola Group, a solar energy provider based in Cape Town, South Africa. Through this investment by AREP, Sola Group will expand its activities in Southern Africa. African Rainbow Energy and Power (AREP) is now the majority shareholder in Sola Group, a solar energy provider that focuses […]
SOUTH AFRICA: Eskom launches major tender for electricity storage
South African state-owned company Eskom is to initiate a call for tenders for a large-scale battery-powered electricity storage project. It will be implemented in two phases with an expected capacity of 1.4 GWh. South Africa is about to launch one of the largest electricity storage projects in the world. This involves the installation of batteries […]