AfDB approves $10m loan to support Hyphen’s Namibian green ammonia project

The African Development Bank (AfDB) has approved a $10-million loan to support the development of Hyphen Hydrogen Energy’s $10-billion green ammonia project, in Namibia. The loan, sourced from the Sustainable Energy Fund for Africa, will support front-end engineering and design studies for solar and wind generation, battery energy storage systems and electrolyser capacity and desalination infrastructure, thereby derisking the project and attracting the financing needed to implement the project …
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Merafong becomes third municipality to sign electricity distribution agreement with Eskom

The Merafong City local municipality, in Gauteng, has become the third municipality in South Africa to sign a distribution agency agreement (DAA) with State-owned utility Eskom, marking a major structural intervention aimed at stabilising electricity distribution and improving revenue collection in the area. The agreement was formally concluded on December 8, during a signing ceremony at the Merafong Council Chambers attended by municipal manager Dumisani Mabuza, senior executives of Merafong City and senior Eskom leadership led by Gauteng Cluster Organisation GM Bandile Jack.
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NTCSA outlines envisaged role for new TSO sans grid assets

The National Transmission Company South Africa (NTCSA), which is set to remain an Eskom Holdings subsidiary and owner of the transmission assets, has moved to explain the role of the yet-to-be-created Transmission System Operator (TSO) under the revised and newly endorsed unbundling strategy. The strategy has been approved by Electricity and Energy Minister Dr Kgosientsho Ramokgopa and will see Eskom Holdings retain not only the NTCSA as a subsidiary, but also the National Electricity Distribution Company of South Africa, as well as an entity currently dubbed GenerationCo, which will hold its legacy generation assets, and a new Eskom Green subsidiary to house its renewable-energy business.
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