Globeleq, a power sector leader in Africa, has acquired Brookfield Asset Management’s interests in its South African renewable energy portfolio
Energy
Equatorial Guinea directs cancellation of CHC Helicopter contracts
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has mandated the country’s petroleum operators to cancel all contracts with Canadian-based CHC Helicopters, due to noncompliance of Equatorial Guinea’s national content regulations
‘Investment in electricity surpasses oil and gas in 2017’
The electricity sector has attracted the largest share of energy investments in 2017, exceeding the oil and gas industry for the second year in row, according to the latest review of global energy spending by International Energy Agency (IEA)
GE Power releases whitepaper on digitisation of energy transmission and distribution in Africa
As Africa faces emerging opportunities to help deliver efficient, affordable and reliable electricity to consumers, GE Power’s Grid Solutions business has unveiled a whitepaper on the “Digitisation of Energy Transmission and Distribution in Africa”
ACWA Power to develop 100MW solar project in South Africa
The Central Energy Fund of South Africa and Saudi-based ACWA Power have signed a cooperation agreement to develop a 100MW Redstone concentrated solar thermal power (CSP) plant in South Africa’s Northern Cape Province