Africa

CCS

Hundreds of Millions of Dollars Pledged for African Carbon Credits at Climate Summit

An initiative to boost Africa's carbon credit production 19-fold by 2030 drew hundreds of millions of dollars in pledges on Monday, as Kenyan President Will…

Oil & Gas Trade

Kinetiko Energy Receives $6.5 Million Strategic Investment to Complete Afro Energy Acquisition

South African investment company Talent 10 Holdings has made a A$6.5 million strategic investment into Kinetiko Energy Ltd, as the latter looks to develop an en…

Coal Production

Insight: Coal Miners Forced to Save for a Rainy Day by Insurance Snub

Load and haul operations at Thungela's thermal coal mining operation, Isibonelo Colliery (formerly Anglo American), in Mpumalanga Province, South Africa Mar…

LNG

Australia's Kinetiko Energy in Talks With Sasol on Gas Supply Deal

Australian gas explorer Kinetiko Energy, which has found shallow sandstone gas in South Africa, has started talks with petrochemical company Sasol (SOLJ.J) on a…

Renewable Energy

Xi Says Ready to Strengthen Cooperation With Namibia in Clean Energy

Chinese President Xi Jinping meets with his Namibian counterpart Hage Geingob on the sidelines of the 15th BRICS Summit in Johannesburg, South Africa, Aug. 24, …

Dam

New Development Bank and Trans-Caledon Tunnel Authority Agree Loan Deal for Lesotho Highlands Water Project Phase I I

The New Development Bank (NDB) and the Trans-Caledon Tunnel Authority (TCTA) have officially inked a Loan Agreement to facilitate the execution of Phase II of t…

Geothermal Power Project

Pertamina Signs Cooperation Agreement for Geothermal Development in Kenya

Signing of MOU between Pertamina Geothermal Energy and Africa Geothermal International Limited (source: Pertamina)PT Pertamina Geothermal Energy Tbk (PGEO) has …

Natural Gas

Kinetiko Energy Delivers Maiden Gas Reserve and 20% Lift in Contingent Resource From Just 0.2% Of South African Project Area

Kinetiko Energy Ltd (ASX:KKO, OTC:KKOEF) has passed a major milestone on declaring maiden gas reserves of 6.4 BCF at its South African joint venture gas fields …

Nuclear Power Plant (NPP)

Eskom Looks to November Restart for Koeberg 1

South African utility Eskom has announced that unit 1 at its Koeberg nuclear power plant, which has been undergoing a long-term outage for maintenance and steam…

Electric Vehicles

Tesla Launches New Model S and Model X With Shorter Range and Cheaper Prices

Tesla has launched two new vehicles of the Model S and Model X. The automaker is bringing back Standard Range versions with shorter ranges and cheaper prices.Ov…

Hydropower Plant

Models Suggest Dropping Costs of Solar and Wind Power in Africa May Make Hydro Power Obsolete

A team of hydrologists and bioengineers affiliated with several institutions across Europe has found, via modeling, that building dams to generate hydroelectric…

Dam

Polihali Dam Marks Significant Milestone With Senqu River Diversion

Dumping of materials to close the river flow. Images courtesy of LHDAThe Lesotho Highlands Development Authority (LHDA), along with consultants and contractors …

Electricity Transmission

Floating Power Plants Market to Hit Us$ 3.8 Billion by 2033 | fact.mr Report

Rockville , Aug. 06, 2023 (GLOBE NEWSWIRE) -- According to the latest market study by Fact.MR, the global floating power plants market is predicted to increase …

Solar Panel

World Bank to Help Fund 1,000 Mini Solar Power Grids in Nigeria

A technician works on solar power panels at the Atlantic Shrimpers farm in Badagry, Lagos, Nigeria July 5, 2022. REUTERS/Temilade Adelaja/File PhotoThe World Ba…

Electric Vehicle Battery

Craze for Anything EV Sends Steelmaker on $18 Billion Ride

POSCO technician in flame retardant protective gear at blast furnace in Pohang, South Korea. Image: worldsteel / Seong Joon ChoThe frenzy surrounding all things…