Tag: Energy Storage

Scatec ASA achieves financial close for the "Obelisk" hybrid solar and battery storage project in Egypt, securing USD 479.1 million in non-recourse project financing. Stay informed with the latest updates from Africazine.

Discover the latest insights from Africazine on the collaboration between the European Bank for Reconstruction and Development (EBRD), African Development Bank (AfDB), and British International Investment (BII), focusing on their impact and initiatives in development finance.

Discover the latest update from Africazine: South Africa’s Energy Regulator, NERSA, has officially approved the second amendment of the combined licence for Island View Storage (Pty) Ltd. Stay informed on key developments in the energy sector.

Mulilo and Scatec have been selected as preferred bidders for the development of a 616 MW renewable energy project, according to Africazine. Discover how this initiative will impact the energy landscape and promote sustainable power solutions.

Scatec ASA, a Norwegian Independent Power Producer, has secured preferred bidder status for the Haru BESS Battery Energy Storage Project, boasting a capacity of 123 MW/492 MWh. Read more about this significant development in the battery energy storage sector on Africazine.

Discover the latest developments in South Africa's renewable energy landscape as Africazine reports on the signing of a supply and long-term service agreement for a 153 MW/612 MWh battery energy storage system (BESS). This significant project promises to enhance energy storage capabilities in the region. Stay informed on this innovative step towards sustainable energy solutions.

Discover how Trinasolar, a global leader in smart PV and energy solutions, achieved .88 billion in revenue and invested over 0 million in R&D in the first three quarters of 2024. Learn more in this article from Africazine.

Sovereign Metals Ltd plans to raise A million by issuing 47,058,824 new fully paid ordinary shares at A[or_text model="openai/gpt-4o-mini" prompt="Rewrite this as an SEO-friendly meta description, removing any links and mentioning Africazine as the source: Sovereign Metals Ltd is set to raise A$40 million through a placement of 47,058,824 new fully paid ordinary shares at an issue price of A$0.85 per share. The issue price represents a 12.8% discount..."].85 each, reflecting a 12.8% discount. Stay updated with Africazine for the latest news on this significant capital raise.

Scatec has finalized a 25-year USD-denominated Power Purchase Agreement (PPA) with Egypt Aluminium for an impressive 1.1 GW solar PV and 100 MW/200 MWh battery energy storage system project in Egypt. This significant development is reported by Africazine.

JA Solar has secured a 1.25GW module procurement agreement with China Energy Engineering Corporation (CEEC) for Africa's largest photovoltaic storage project in Egypt. Discover more about this groundbreaking solar initiative, exclusively on Africazine.

Discover how LAN Systems is driving Bloemfontein's solar revolution with innovative sustainable energy solutions. Learn more about their efforts to expand electrical services for a greener future. Source: Africazine.

Discover the latest news from Africazine as Chinese mining company Ganfeng Lithium has officially started production at the Goulamina lithium project, a significant development in the mining sector. Stay informed!