SSA’s largest grid solar project gets funding

• Zambia's energy woes are reducing with rising water levels in its hydro dams. However, the hardships the country faced during the 2024 drought are driving a shift towards diversifying energy sources, with a primary focus on solar power.

• The country is also exploring external electricity sources from neighbouring countries. Construction of the power line connecting to Tanzania began last month, and there are further plans to establish connections with DR Congo and Mozambique.

• Our take: The revenue potential of renewable energy is increasingly attractive to investors, including banks that were previously hesitant to invest in this sector…Read more (2 min)

Renewables pricing index up 0.44% in May

• To track product prices, we monitor the cost of solar panels, inverters, lithium-ion batteries, and solar home systems. For each of these categories, we select at least three different products for price tracking across the four countries.

• An increase in the index signals rising energy costs. This month's 0.44% rise was primarily driven by higher electricity prices in Kenya and increased inverter costs in South Africa.

• Our take: Generating electricity from renewable sources can provide more stable and predictable prices… Read more (2 min)

Engie is seeking 21 new talents in Africa

• According to our weekly job monitor, engineers are in high demand across the continent, evident in the 45+ roles tracked on this week's job board, where senior professional hiring continues to lead.

• Marketing and communications roles are on the rise in South Africa's energy sector, with current openings for a Regional Communications Practitioner at Sappi and Marketing Managers at Engie.

• Access the job board here