TotalEnergies plans to invest $6 billion, focusing on offshore oil projects and boosting gas production. According…
Category: Energy Storage
BlackRock Invests $400m in Positive Zero for Gulf Countries’ Energy Transition
Positive Zero, a Dubai-based decarbonisation firm, secured a significant investment of up to $400 million from…
NamPower Signs Contract with SDEE, Narada Power for BESS Project
Namibia Power Corporation (NamPower) has signed major Engineering, Procurement and Construction contracts with Shandong Electrical, Engineering &…
South Africa Opens Bids for 5GW Renewable Power Generation
South Africa has launched bidding rounds for 5,000 megawatts (MW) of new power generation capacity from…
COP28: Nigeria, Other African Countries to Join BESS Consortium
Nigeria and several African countries have expressed interest in joining the Battery Energy Storage Systems (BESS)…
AfDB: Africa’s Hydropower Plant Set for Upgrades
Bank officials of the African Development Bank (AfDB) have announced that the bank is drawing up…
World Bank Funds KenGen’s Battery Storage Project
The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…
Oikocredit Funds Solar-Powered Expansion in Zambia
Dutch investor Oikocredit injects $2 million into RDG Collective to aid solar photovoltaic system distribution in…
Standard Bank Injects $20m Into CrossBoundary Energy
Standard Bank, based in Johannesburg, South Africa, provides a $20 million credit facility to CrossBoundary Energy…
Senegal Signs 20-year 40MW Battery Energy Storage Pact
Senegal’s national electricity company, Senelec, has signed a 20-year Capacity Change Agreement with a private company…