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Business / Economics

South Africa’s electricity crisis: what political parties say in their election manifestos about solving it

    By Hartmut Winkler, University of Johannesburg   South Africa is in the middle of a deep electricity crisis. In 2023 the public, many of whom are voters, experienced the worst loadshedding to date, losing power for an average of five hours a day. The power shortages were largely due to excessive breakdowns in the country’s coal power plant fleet, which generates over 80% of South Africa’s electricity, combined […]

todayMarch 28, 2024 7

Business / Economics

Ohlthaver & List Group begins N$350m solar project in Germany

The Ohlthaver and List Group has started construction of a Philippsee floating photovoltaic power plant in Bad Schönborn, Germany. With an investment value of approximately N$350 million, the solar park will consist of over 27,000 PV panels and cover more than eight hectares of water surface area. Here is the Executive Chairperson of the Ohlthaver & List Group, Sven Thieme.

todayMarch 27, 2024 52

Business / Economics

Namibia may tap its trillion dollar oil & gas windfall to fuel renewables ambitions.

    By Bonface Orucho, bird story agency   Namibia has been advancing extensive oil and gas exploration, and making substantial discoveries. Portuguese oil and gas company recently announced another discovery of “a significant column” of light oil in high-quality reservoirs. A press statement from Galp on March 15, confirmed the find at the Mopane-2X well in the larger Orange Basin, off the Namibian Coast, adding to its oil discovery […]

todayMarch 20, 2024 6

South Africa

South Africa bets big on natural gas as it begins a belated push to revamp its energy supplies and slash emissions, bolstered by EU endorsement of investments in gas.

By Seth Onyango, bird story agency South Africa is emerging as an early beneficiary of the European Parliament’s vote last July to designate natural gas and nuclear projects as “green energy” investments. The vote was seen as an opportunity for natural gas-endowed states in Africa to continue ploughing billions from the sale of the commodity into their economies. The recent unveiling of a gas terminal project in South Africa led […]

todayJanuary 25, 2024 3

Business / Economics

King coal set to lose crown for electricity production: IEA

Renewables are set to displace coal as the top source of energy for electricity production globally in 2025, the International Energy Agency said Wednesday. In its annual report on the electricity market, the IEA said that renewables -- in particular from solar panels -- should see their share of total electricity production surpass a third of the total, passing from 30 percent last year to 37 percent in 2026. If […]

todayJanuary 24, 2024 6


World added 50% more renewable energy but more needed: IEA

The world added 50 percent more renewable energy capacity in 2023 over the previous year but more is needed in the battle against climate change, the International Energy Agency said Thursday. The increase was the fastest growth rate in the past two decades and the 22nd year in a row that renewable capacity additions set a new record, the Paris-based IEA said. The rise was driven by China, the planet's […]

todayJanuary 11, 2024 9


Namibia to host Inaugural Global African Hydrogen Summit 2024

  As part of Namibia’s COP28 programme, the Namibia Investment Promotion and Development Board (NIPDB), the Environmental Investment Fund of Namibia (EIF), DMG events and Vasco Da Gama Energy on 06 November 2023 officially launched the inaugural Global African Hydrogen Summit (GAh2S), to be hosted in Windhoek on 03 – 05 September 2024. Themed “From Ambition to Action: Fuelling Africa’s Green Industrial Revolution”, the three-day Summit will convene heads of […]

todayDecember 12, 2023 9