{"id":56356,"date":"2023-11-11T18:37:41","date_gmt":"2023-11-11T18:37:41","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/karpowership-expects-to-supply-electricity-to-south-africa-in-2024"},"modified":"2023-11-11T19:13:59","modified_gmt":"2023-11-11T19:13:59","slug":"karpowership-expects-to-supply-electricity-to-south-africa-in-2024","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/karpowership-expects-to-supply-electricity-to-south-africa-in-2024","title":{"rendered":"Karpowership expects to supply electricity to South Africa in 2024"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>Turkey’s Karpowership, which has the world’s largest fleet of floating power stations, expects to start producing 450 megawatts of electricity in South Africa in 2024 to curb the power shortage here, says chief commercial officer Zeynep Harezi.<\/p>\n

The company expects to sign a financial deal by the end of this year, after it received an environmental licence to operate its \u201cpowership\u201d in Richards Bay, Harezi told Reuters on the sidelines of an African investment forum in Marrakesh in Morocco.<\/p>\n

In addition to Richards Bay, the company plans two other LNG-powered floating stations in South Africa to be able to generate a total of 1.2 gigawatts, as part of a 20-year contract, with a five and 10-year early exit clauses, she said.<\/p>\n

\u201cWe hope to get environmental licences for the other two sites \u2014 Saldanha and Coega \u2014 in the upcoming weeks,\u201d she said.<\/p>\n

The company sees opportunities in Africa’s energy shortage, which worsened after the Covid-19 pandemic and the rise in fuel prices due to the war in Ukraine.<\/p>\n

About 45% of Africans, or 600-million people mostly in sub-Saharan Africa, lack access to electricity, according to the International Energy Agency.<\/p>\n

Karpowership is in talks with Nigeria, Gabon, Democratic Republic of Congo, Benin, Togo and Cameroon to supply their national grids, she said.<\/p>\n

Guinea-Bissau has been receiving 100% of its electricity from Karpowership, which operates in 14 countries, mostly in Africa.<\/p>\n

The company has 36 operational floating power stations and plans to increase its power-generating duel-fuel fleet to 46 vessels in the \u201cnext couple of months\u201d.<\/p>\n

\u201cToday we have 6,000MW. In the next three to five years we plan to increase that to 10,000MW,\u201d she said.<\/p>\n

The company also operates a floating and regasification unit (FSRU) fleet and liquefied natural gas (LNG) carriers, she said.<\/p>\n

For More News And Analysis About South-Africa<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. Turkey’s Karpowership, which has the world’s largest fleet of floating power stations, expects to start producing 450 megawatts of electricity in South Africa in 2024 to curb the power shortage here, says chief commercial officer Zeynep Harezi. The company expects to sign a financial deal by the end of this year, after […]<\/p>\n","protected":false},"author":84,"featured_media":56354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,377],"tags":[274,315,275],"class_list":["post-56356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nKarpowership expects to supply electricity to South Africa in 2024 - South Africa<\/title>\n<meta name=\"description\" content=\"Turkey's Karpowership, which has the world's largest fleet of floating power stations, expects to start producing 450 me ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/karpowership-expects-to-supply-electricity-to-south-africa-in-2024\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Karpowership expects to supply electricity to South Africa in 2024\" \/>\n<meta property=\"og:description\" content=\"Turkey's Karpowership, which has the world's largest fleet of floating power stations, expects to start producing 450 me ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/karpowership-expects-to-supply-electricity-to-south-africa-in-2024\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-11T18:37:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-11T19:13:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/11\/sm_1699717384.888219.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/karpowership-expects-to-supply-electricity-to-south-africa-in-2024#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/karpowership-expects-to-supply-electricity-to-south-africa-in-2024\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Karpowership expects to supply electricity to South Africa in 2024\",\"datePublished\":\"2023-11-11T18:37:41+00:00\",\"dateModified\":\"2023-11-11T19:13:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/karpowership-expects-to-supply-electricity-to-south-africa-in-2024\"},\"wordCount\":308,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/karpowership-expects-to-supply-electricity-to-south-africa-in-2024#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/11\/sm_1699717384.888219.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/karpowership-expects-to-supply-electricity-to-south-africa-in-2024#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/karpowership-expects-to-supply-electricity-to-south-africa-in-2024\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/karpowership-expects-to-supply-electricity-to-south-africa-in-2024\",\"name\":\"Karpowership expects to supply electricity to South Africa in 2024 - 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