Page 3 - AfrElec Week 12 2023
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AfrElec CONTENTS AfrElec
COMMENTARY
African wind power projects bring energy security, job opportunities 4
POLICY
Zimbabwe’s high power tariffs unfairly impacting exporters, says CZI 6
S&P Global places power utility Eskom on CreditWatch positive 6
INVESTMENT
KHNP inks deal to develop $9bn Uganda nuclear plant 7
Malawi secures $20mn from World Bank for off-grid solar systems 7
BATTERIES
US miner makes ‘encouraging’ lithium discoveries in Tanzania 8
NUCLEAR
Weak grid adds to obstacles facing Kenya’s nuclear ambitions 9
RENEWABLES
Vestas to supply wind turbines to South African IPP Red Rocket 10
South African Exxaro Resources to build 68MW solar park 11
KenGen to start construction of $884mn industrial park in 2025 12
PERFORMANCE
High coal prices drive Exxaro Resources’ net profit up 28% y/y 12
NEWS IN BRIEF 13
NEWBASE POWER ROUNDUP GLOBAL (NRG POWER) 15
OUR CUSTOMERS 16
Have a question or comment? Contact the editor – Elena Kachkova (ekachkova@newsbase.com)
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Week 12 22•March•2023 www. NEWSBASE .com P3
