Energy

Over one thousand stakeholders from the extractive and energy sectors, will gather for the 2023 EITI (Extractive Industries Transparency Initiative) Global Conference, this year. The Extractive Industries Transparency Initiative is a global standard for the good governance of oil, gas and mineral resources. It seeks to address the key governance …

South Africa’s power utility company, Eskom, is reportedly engaged in bilateral negotiations with Botswana, Mozambique and Zambia in a bid to bolster imports and curb incessant current load shedding. The utility is already importing 300 MW more from the Southern African Power Pool and plans  to increase to about 1 …

Kibo Energy has entered into an exclusive agreement with Hasta Trust to jointly assess and develop a portfolio of long duration energy storage projects. With the projects held exclusively by National Broadband Solutions (NBS) in South Africa, which is 100 percent owned by Hasta, the initial target of c. 36,320 …

Under a one-year contract signed on Thursday between EDM and the Botswana Power Corporation, Mozambique’s publicly owned electricity company will provide 100 megawatts of non-firm power to Botswana (BPC). The capacity agreed to under the Power Purchase Agreement (PPA) is intended to help meet Botswana’s growing electricity demand. However, EDM’s …

A groundbreaking ceremony for Botswana’s first renewable project to be created by an independent power producer in the Sturdee Energy consortium took place recently, marking a significant milestone in the country’s history, according to an official. The Bobonong 3 MW solar project, located around 450 kilometres northeast of Gaborone, would …

According to solar trade body the Africa Solar Industry Association (AFSIA), Plans for a huge renewables-powered green hydrogen project in Botswana and Namibia have been expanded fourfold, from 1GW of generation capacity to 5GW. The project, in Southern Africa, was among the examples cited by the trade body as evidence …

As part of its goal to transition to renewable energy, Shumba Energy has received the first equity pledges to create an $80 million solar project in Botswana. Shumba Renewables, the company’s green energy subsidiary, has secured $950,000 in commitments from overseas investors, according to Shumba Energy’s MD Mashale Phumaphi, who …

According to a recent assessment published by the International Renewable Energy Agency (IRENA), Botswana’s wind and solar electricity, as well as copious biomass wastes, can be used to enhance access to energy services. The assessment, titled Renewables Readiness Assessment: Botswana, stated that short-to-medium-term actions in the areas of policy, regulatory, …

Sturdee Energy, a Johannesburg-based renewables developer, revealed today that the Botswana Power Corporation, the country’s state-owned electric business, has agreed to buy the electricity generated by Botswana’s first two commercial solar projects. Sturdee stated it has started the permitting and project development process for a proposed 3 MWac solar facility …

…as coal rush fade away Kibo Energy has announced intentions to refocus, dispose of coal energy projects to focus on renewable energy opportunities. Kibo’s blueprint is in line with the company’s refocused strategy centred on sustainable renewable energy solutions. The development comes following the positive results of an extensive due …