Revego Africa Energy Fund has raised R1 billion ($62 million) in new capital to expand its…
Tag: South Africa
Lyra Energy Signs PPAs for Solar Plant in South Africa
Lyra Energy has secured power purchase agreements with commercial and industrial customers for a major solar…
Eskom Court Challenge Threatens Delay to Power Market Reforms
Concerns are mounting within South Africa’s energy sector that Eskom’s decision to continue with a High…
Energea Acquires Residential Solar-Plus-Battery Microgrid Project in South Africa
Energea, a global renewable energy developer and operator, has acquired the YO Residence Solar Project, a…
South Africa Relaxes Anti-Trust Rules to Help Energy-Intensive Firms Cut Power Costs
South Africa has softened its anti-trust regulations to allow firms battling high power costs to jointly…
Eskom Restructuring Enters Decisive Phase with Approval of ERAA Implementation
South Africa’s electricity sector is entering a decisive phase of restructuring, with Eskom and the National…
Shell Buys South Africa Basin Stake as Court Order Halts Work on Another Block
Anglo-Dutch energy major Shell has acquired a stake in South Africa’s portion of the Orange Basin,…
South African Miner Exxaro Acquires Over $100M in Solar and Wind Assets
South African mining group Exxaro has announced that it has acquired majority stakes in a 138-megawatt…
Oil Slips as Weak US Demand Weighs on Markets
Oil prices appear poised to decline for the week. Weak demand signals in the United States,…
South Africa’s Renewable Energy Programme Fails Local Industry
South Africa’s renewable energy programme should support local factories and workers. Instead, foreign companies exploit state…