Energy & Power

Montfort makes acquisition to enter South African energy market

AdobeStock 135414703Montfort Group has acquired 49% of New Age Energy, a broad-based black empowerment (B-BBEE) company that focuses on the reliable import, export, and distribution of safe and high-quality energy products, to mark its entry into the South African energy market

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Africa: A solar giant in the making

Ja solarHadyr Koumakpai, Africa general manager at JA Solar, explains how Africa is in a prime position to become a solar giant in the coming years

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Sun King receives funding to support off-grid energy initiatives

sun kingSymbiotics Investments, a leading market access platform for impact investing, has arranged a US$10mn green bond for Proparco to be on-lent to Sun King (previously GreenLight Planet), one of the leading solar-home system actors in sub-Saharan Africa

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HCB to modernise electricity production system with support of AfDB

dam moz 1500The African Development Bank (AfDB) has approved a loan package for Hidroeléctrica de Cahora Bassa (HCB) in Mozambique to support its vital capex programme aimed at modernising the company’s electricity production system

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IEA: global energy efficiency progress accelerating but more investment required

AdobeStock 223972723According to the International Energy Agency’s (IEA) latest report, Energy Efficiency 2022, global investments in energy efficiency reached US$560bn in 2022, an increase of 16% on 2021

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