Capesize Similar to last week, the Capesize started positively but it was soon paused. The Capesize 5TC struggled in the negative territory in the rest of the week, breaking the $30,000 threshold and eventually settling at $28,875 on Friday. After the cyclone across Western Australia, C5, the West Australia toContinue Reading
Astra Energy, an Independent Power Producer (IPP), has forged a strategic alliance with the Lesotho National Development Corporation (LNDC) to propel the development of 100 MW of renewable energy as part of a public-private partnership (PPP). This collaboration heralds a significant leap in Lesotho’s electrical capacity, spearheaded by Astra EnergyContinue Reading
Ghana’s leading solar energy firm, Dutch and Co. has made significant progress on Africa’s largest solar rooftop project, with two thirds of the installation completed. The project, located on the IWC Mega-warehouse in the Tema Freezone, spans a single building rooftop area of 92,000m2. Dutch and Co., the PV-EPC and O&MContinue Reading
Simba Group has introduced the Simba Solar ‘Talegent’ Series, aimed at streamlining the adoption of solar energy for households throughout Nigeria. The Talegent series presents advanced technological solutions, featuring specialized solar inverters equipped with MPPT Charge Controllers and flexible battery combinations, including the advanced Lithium Ion option. This product lineContinue Reading
In mid-December 2023, the largest solar battery storage system in South Africa commenced supplying power to Eskom’s grid. Scatec ASA officially initiated operations at its Kenhardt hybrid solar and battery facility in the Northern Cape on December 11, 2023. This facility, consisting of three solar plants with a combined capacityContinue Reading
Nextracker (Nasdaq: NXT), a leading global provider of intelligent solar tracker and software solutions, today announced it has surpassed a corporate milestone of 10 GW of smart solar trackers either operational or under fulfilment for projects located in the Middle East, Africa, and India. In parallel timing with the UnitedContinue Reading
Yellow Door Energy (YDE), a prominent independent power producer, has recently marked a major milestone with the successful completion of the development phase for its latest 48 MWp solar PV plant situated in Leeudoringstad, North West, South Africa. This project not only enhances YDE’s standing in the solar wheeling marketContinue Reading
The global solar mounting system manufacturer Schletter Group continued to grow in 2023. Despite the cyclical downturn in the market environment for roof systems in Europe in the second half of the year, the company was able to increase its annual sales by 13 percent compared to the previous year.Continue Reading
