According to the International Energy Agency (IEA), the world’s increasing capacity to generate renewable energy is giving it a real chance of achieving the COP28 target of tripling renewable capacity by 2030
Energy
Mulilo named preferred bidder for South Africa energy storage projects
A consortium led by Mulilo Energy Holdings has been awarded preferred bidder status for three battery energy storage projects in South Africa
Menengai geothermal project reaches financial close
Globeleq, a leading independent power company, has announced it has reached financial close on the US$117mn 35MW Menengai geothermal project in Nakuru County, Kenya
Tecnimont gets go ahead for engineering works at Egyptian fertiliser project
MAIRE Tecnimont has received the advance payment and authorisation to start the engineering works for the nitric acid and ammonium nitrate plant by KIMA, Egyptian Chemical Industries Company
WEG Motors and Drives are key players in South Africa’s energy solution strategy
With the continued energy poverty being experienced in South Africa, motors and drives are set to play a more crucial role in an energy solution strategy