Dr Akinwumi Adesina, the president, African Development Bank (AfDB), says the bank has secured 15.6 billion dollars investment for the construction of the Lagos-Abidjan highway. He said that the investment would strengthen regional trade and integration in West Africa by linking the hinterlands of different Participating Member Countries (PMCs). The president said that the investment
The Syrah Resources Limited Board has announced its approval to finance a solar and battery hybrid power system in Mozambique.
Syrah Resources selected an 11.25MWp solar photovoltaic (PV) installation combined with an 8.5MW/MWh battery energy storage system which will be integrated into Balama’s existing diesel power generation plant. Extensive due diligence was undertaken on equipment selection and suppliers of the solar PV modules, battery energy storage technology and hybrid control system. Presently, Balama is solely
The Government of South Africa aims to buy 1,600MW of wind, and 1,000MW of solar power. New capacity needed as soon as possible, the energy department says South Africa called for proposals from private producers to supply an additional 2,600 megawatts of renewable energy, part of a broader effort to reduce dependency on coal-fired plants
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