A Chinese clean energy company, Hanergy Group, has launched a solar-powered project dubbed Humbrella. The innovation, aimed to light up African villages, forms part of the company’s corporate social responsibility. A company statement underlined that thin-film solar power research and development has been the main focus at Hanergy since 2009. As a result, nine years later,…
The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, however real progress is being made in areas of expansion of access to electricity in least developed countries as well as industrial energy efficiency. This is according to the Tracking SDG7: The Energy Progress…
Namibia will reduce the size of the planned Kudu Power Station after off-take agreements with South Africa’s Eskom and Zambia’s Copperbelt Energy Corporation failed to materialize, the chief executive of power utility NamPower said on Friday. Namibia’s offshore Kudu Gas Fields have proven and probable recoverable reserves estimated at more than 3.3 trillion cubic…
The company has cleaned up its legacy investments and now targets a further R4bn asset growth. Vunani might have hit the headlines because of some of its controversial corporate advisory clients. But the future of the financial services group lies with its more stable fund management and benefit services businesses. The failure of the Sagarmatha…
Data released by the hospitality community, Airbnb, reveals that guests are travelling off the beaten track, to towns and cities others often overlook. According to the data, Bloemfontein, South Africa’s judicial capital, has tripled the number of guest arrivals in an Airbnb listed home compared to summer 2016/2017. As expected, South Africa is still the…
Construction of the 1,600km Trans-Saharan Highway project in Algeria is complete. The Secretary General of the Trans-Saharan Liaison Committee, Mohamed Ayadi revealed the completion of the highway project in Algiers during the the 68th session of the committee. In order to carry out its realization as soon as possible, the meeting focused on the review of the highway project progress…
Kenya has increased production of cheap hydropower following heavy rains that have filled up dams. Acording to Rebecca Miano, KenGen Managing Director, the overflowing dams will boost power generation in the country and also ensure stability of supply. Currrently, Masinga Dam, the largest dam among the Seven Forks, has risen to 1,045 metres. This is against a…
TRADE Union Congress of Tanzania (TUCTA) yesterday applauded the enactment of Public Service Social Security Fund Act to merge the various pension funds into two schemes. The trade union apex body welcomed the move, saying the merger will lead to lucrative packages for pensioners. Through the new legislation that the National Assembly enacted and President…
Renewable energy technologies have experienced dramatic cost declines in recent years, triggering a lasting surge in renewable energy development, writes Markus Steigenberger, international director of Berlin-based think tank Agora Energiewende. Advances in renewable technology in combination with growing concerns about the negative impacts of fossil fuel consumption have initiated a fundamental transformation of energy systems around…
Growthpoint Properties, the first South African company and real estate investment trust to issue a green bond programme on the JSE, celebrated the occasion with a bit of fanfare on Wednesday morning, 25 April. An extremely exhilarating countdown moment during @growthpoint Properties Green Bonds listing event @JSE. @GBCSA pic.twitter.com/8P96tWBxOp — GBCSA (@GBCSA) April 25, 2018 Green bonds raise money allocated for…