GE Vernova has announced that it has won an order from Sonelgaz through its joint venture GE Algeria Turbines (GEAT) to enhance Algeria’s grid infrastructure.
The US International Development Finance Corporation (DFC) approved a $99 million loan to help finance Mozambique’s first utility-scale wind-power project.
South Africa’s state power company Eskom is set to publish figures showing a $823 million annual loss. Eskom, which recorded a loss of $1.25 billion in 2023, will release the full financial results for the year to March later this year.
Eskom, the state-owned electricity utility of South Africa, has received government approval to keep five of its old coal-fired power plants operational for five years after the country implements a limit on plant emissions in 2025.
Nigeria’s Power Generation Companies have stated that over $2 billion owed to them is threatening their operations and failure to resolve the crisis will lead to the collapse of electricity generation in the country.
Geregu Power and Siemens Energy have signed an MOU to jointly develop solutions to increase capacity at Geregu 1 power plant in in Ajaokuta, Koji, Nigeria.
Eskom has announced that it has gone more than 29 days without load-shedding, which it attributes to sustained electricity generation capacity and sufficient emergency reserves.
Nigeria has suffered its sixth national grid collapse of 2024, as electricity generation on the system dropped from 2583 MW at 2am on 15 April to 64 MW at 3am that day.
Gwede Mantashe, South Africa’s Energy Minister, said it would be “very wrong” to expect a transition from its dependence on coal-fired power generation to renewable energy, and that the country will continue to rely on coal for the vast bulk of its power supply for much longer.
Kenya’s Nuclear Power and Energy Agency (NuPEA), the State agency responsible for the country’s nuclear power programme, has said that Kenya will require at least $83 million as the initial cost of developing the country’s first nuclear research reactor in the first step towards future nuclear power production.