AGP Executive Report
Last update: an hour agoSolar Investment: Axian and Africa GreenCo signed a 240MW solar power-purchase agreement in Zambia, while Enugu secured $200 million for a 100MW solar project. South Africa’s Power Mix: The government’s 9.6GW expansion plan puts 4.6GW of battery storage and gas-fired power at the forefront. A new procurement determination clears the way for large-scale storage and gas-to-power, as Eskom starts selecting renewable-energy partners. Local Projects: Cape Town launched a R220 million hybrid power plant in Atlantis; a University of Johannesburg study says rooftop solar could cut businesses’ grid use by up to 97%. Oil and Gas: Ghana’s Jubilee and Eni partners announced $3.5 billion in sector investments, alongside a Shell-Chevron exploration agreement. Nigeria opened a licensing round for 40 oil and gas blocks, as President Bola Tinubu said reforms could unlock $50 billion in deepwater investment.
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