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Category: Energy

ENGIE Energy Access Launches Construction of 15 Solar Mini-Grids in Zambia 1 Mining in Zambia Energy Green Energy 

ENGIE Energy Access Launches Construction of 15 Solar Mini-Grids in Zambia

Constance
ENGIE Energy Access, Africa’s leading provider of Pay-As-You-Go (PAYGO) and mini-grid solutions, has commenced the construction of 15 solar mini-grids in Zambia’s Eastern Province. This initiative is part of the transformative Increase Access to Electricity and Renewable Energy Production (IAEREP) program, supported by the 11th European Development Fund and the European Union. By expanding off-grid energy solutions in Zambia, ENGIE Energy Access aims to provide reliable electricity to underserved families and small businesses, fostering economic growth and enhancing socio-economic welfare in local communities. MySol Grid Zambia, a unit of ENGIE… Read More Here
Bannerman Energy Raises A$85 Million to Advance Etango-8 Uranium Project 2 International Energy Uranium 

Bannerman Energy Raises A$85 Million to Advance Etango-8 Uranium Project

Constance
Australia-listed uranium junior Bannerman Energy announced on Friday a placement to raise A$85 million for the continued development of its Etango-8 project in Namibia. The two-tranche placement consists of 25.8 million new fully paid ordinary shares issued to new and existing institutional and sophisticated investors at a price of A$3.30 each. Upon completion, Bannerman will have about A$100 million in cash reserves. “Proceeds from this placement will enable us to further progress our Etango-8 project, following positive outcomes from the recently announced front-end engineering design (FEED) and control budget estimates… Read More Here
First Cogeneration Plant in DRC Ushers in a New Era of Clean Energy 3 Mining in DRC Electricity Energy 

First Cogeneration Plant in DRC Ushers in a New Era of Clean Energy

Constance
The Democratic Republic of Congo (DRC) has achieved a milestone with the inauguration of its first cogeneration plant, which can produce 140 kilowatts of electricity. The plant was officially opened on Tuesday, June 24, 2024, in Yangambi, located more than 100 km from Kisangani in the Tshopo province. This marks a historic moment for the country. According to information from ACP, this pioneering plant uses biomass to generate electricity. Developed by the International Forestry Research Center (CIFOR), the plant was handed over to the National Institute of Agronomic Research (INERA)… Read More Here
CEC Renewables Marks Milestone with First Green Bond Coupon Payment 4 Mining in Zambia Energy Green Energy 

CEC Renewables Marks Milestone with First Green Bond Coupon Payment

Constance
CEC Renewables, a subsidiary of Copperbelt Energy Corporation PLC (CEC), has proudly announces its first Green Bond coupon payment of USD 2.4 million. This payment marks the sixth month anniversary of the bond, making it tradeable on the Lusaka Securities Exchange. This milestone underscores the role and viability of Green Bond investments in Zambia and highlights CEC Renewables’ commitment to delivering value to both the country and its investors. In partnership with CEC PLC, CEC Renewables launched Zambia’s first USD 200 million Green Bond Program, successfully issuing the first tranche… Read More Here
Kibali Gold Unveils Ambitious Plan for 100% Renewable Energy in DRC 5 Mining in DRC Energy Events & Expos Gold 

Kibali Gold Unveils Ambitious Plan for 100% Renewable Energy in DRC

Constance
Kibali Gold, one of Africa’s largest gold mines, has announced an ambitious plan to transition to 100% renewable energy, supporting the energy transition in the Democratic Republic of Congo (DRC). The announcement was made on Wednesday, June 12, 2024, by Jean Paul Ilunga, an electrical engineer with Barrick Gold Corporation, during the inaugural day of the DRC Mining Week. During a forum focused on investment in the energy sector, Kibali Gold presented a series of innovative projects aimed at transforming its energy profile for a more sustainable future. Discussions centered… Read More Here
Hugo Sinza Advocates for Congolese Energy Solutions at DRC Mining Week 6 Mining in DRC Energy Events & Expos 

Hugo Sinza Advocates for Congolese Energy Solutions at DRC Mining Week

Constance
Speaking at the DRC Mining Week panel on “Building a Sustainable Energy Plan Using the DRC’s Energy Potential,” Hugo Sinza, Director of External Relations at TFM, emphasized the urgent need for Congolese solutions to the energy crisis. “Every minute we hesitate to make decisions on energy solutions, we lose millions for the country. Investors need energy. If we don’t produce energy, all these mining projects driving the economy will collapse. While we do import energy, our import capacity is very limited,” he declared. Sinza called for action over discourse, advocating… Read More Here
The Carter Center Launches Climate & Environmental Justice Initiative in the DRC 7 Mining in DRC Energy 

The Carter Center Launches Climate & Environmental Justice Initiative in the DRC

Constance
The Carter Center announced on June 10, 2024, the launch of the Climate & Environmental Justice Initiative in the Democratic Republic of Congo (DRC). This initiative aims to ensure a just transition, acknowledging that the DRC’s mineral wealth is crucial for building a low-carbon and resilient world. It also seeks to ensure that the Congolese people fully share in the prosperity and promise of this emerging climate economy, according to a press release. Since its inception in 2007, the Carter Center’s Extractive Industries Governance Program has focused on protecting human… Read More Here
New DRC Govt Urged to Prioritize Energy Sector to Boost Mining Industry 8 Mining in DRC Energy Governance 

New DRC Govt Urged to Prioritize Energy Sector to Boost Mining Industry

Constance
On the eve of the inauguration of the Judith Suminwa Tuluka government, the Prime Minister and her team face numerous challenges, with a significant emphasis on prioritizing the energy sector. Patrick Muland Kabey, President of the Fédération des Entreprises du Congo (FEC) Katanga section, highlighted the critical need for this focus to support the mining industry, which is currently suffering from a severe electrical energy deficit. Speaking at a press conference in Lubumbashi organized by DRC Mining Week in collaboration with the FEC and event sponsors, Patrick Muland called for… Read More Here
Sibanye-Stillwater Finalizes Fourth Renewable Energy Power Purchase Agreement 9 International Energy 

Sibanye-Stillwater Finalizes Fourth Renewable Energy Power Purchase Agreement

Constance
Johannesburg- and New York-listed Sibanye-Stillwater has finalized its fourth renewable energy power purchase agreement (PPA), marking a significant milestone in its commitment to carbon neutrality by 2040. The green metals and gold producer has reached financial close on a 140 MW wind energy project, the Umsinde Emoyeni Wind Farm, located near Murraysburg on the border between the Northern Cape and the Western Cape. Sibanye-Stillwater CEO Neal Froneman emphasized the importance of this development in a release to Mining Weekly, stating that the project represents another crucial step toward achieving carbon… Read More Here
ERB Commends CEC for Advancing Solar Energy Infrastructure in Zambia 10 Mining in Zambia Energy Green Energy 

ERB Commends CEC for Advancing Solar Energy Infrastructure in Zambia

Constance
The Energy Regulation Board (ERB) has lauded the Copperbelt Energy Corporation (CEC) for its efforts in expanding solar energy infrastructure, which is expected to significantly enhance Zambia’s power supply. During a media tour of the 60-megawatt solar PV plant in the Itimpi area of Kitwe district, Ezra Siamasuma, Acting Copperbelt Senior Manager for ERB, praised CEC’s initiatives. He highlighted the efficiency and resilience of solar plants, particularly in light of climate change. “This type of power plant, being greener, contributes to a more diverse energy sector that is resilient in… Read More Here

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