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Africa GreenCo signs $27m guarantee for IPP payments

A new guarantee facility provided by PIDG’s GuarantCo arm could help to increase the number of creditworthy, long-term offtakers able to sign power purchase agreements. South Africa

Globeleq to develop Garona battery project in South Africa’s Northern Cape

South Africa’s Department of Mineral Resources and Energy (DMRE) has appointed Globeleq’s Red Sands project as the fifth preferred bidder under its battery energy storage independent power producer procurement programme (BESIPPP) first bid window. The project will be the largest standalone battery energy storage system in Africa and ends the initial phase of the BESIPPP programme. South Africa

Algeria: Tethys Oil becomes a rare minnow to sign an E&P deal

Sonatrach has signed a rare heads of agreement with a smaller company, Sweden’s Tethys Oil. Algeria

DPA starts work on ADC’s Bloemfontein solar PV plant

DPA Southern Africa has broken ground on the Bloemfontein solar PV plant in Free State, which will supply power to Africa Data Centre sites in Cape Town and Johannesburg. South Africa

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