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Bloomberg: Daystar Power, a Nigerian solar energy provider, has raised $38 million with the support of Investment Fund for Developing Countries and Morgan Stanley Investment Management to expand solar access across West Africa. Lagos-based Daystar plans to replace “unreliable grid or too expensive, polluting diesel generators,” with clean reliable power, Jasper Graf von Hardenberg, the […]
IEEFA
Reuters: Italy’s biggest utility Enel has signed a deal with the Qatar Investment Authority to develop renewable energy projects in Sub-Saharan Africa, the two groups said. Under the deal, the Qatar sovereign wealth fund will, as a first step, buy half of Enel’s stake in 800 megawatts of its existing renewable capacity in South Africa […]
IEEFA
ESI Africa: Siemens Gamesa has sealed the deal on its first wind farm project in Ethiopia. The company will deliver 29 SG 3.4-132 wind turbines to state-owned utility Ethiopian Electric Power for the Assela wind farm project. The 100MW wind farm will help to power more than 400,000 Ethiopian households. The wind farm should be […]
Simon Nicholas
Implications for coal across the Belt and Road Initiative
At the 12 December Climate Ambition Summit hosted by the U.N., the U.K. and France, Pakistan’s Prime Minister Imran Khan announced that his nation “will not have any more power based on coal”. On the face of it, this is a highly significant statement for a nation that was until now intending to exploit its […]
IEEFA
ESI Africa: A 50MW solar plant west of Bamako in Mali is now the largest operational plant in West Africa. A flagship Akuo Group project, the Kita solar plant in the Kayes Region injected its first kilowatt-hour into the Malian power grid in March 2020. The plant now covers the electricity needs of 120,000 Malian […]
IEEFA
PV Magazine: Energy Resources Senegal (ERS) has signed an agreement with South Africa-based investment firm Climate Fund Managers (CFM) for the co-development of a solar power plant in Niakhar, Senegal. The project consists of a 30 MW photovoltaic power plant combined with a battery system with a capacity of 15 MW/45 MWh. According to the […]
Simon Nicholas
Kenya should make the most of its abundant renewable energy resources and reduce costs for consumers
The belated release of Kenya Power’s financial results for the year ended 30 June 2019 confirmed what was already known – that new renewable energy installations have replaced thermal power in Kenya’s energy mix. New power generation from the Lake Turkana Wind Power project – the largest wind power installation in Africa – resulted in […]
Simon Nicholas
The Asian seaborne thermal coal pool is drying out
Resource Generation Ltd’s proposed but long delayed Boikarabelo coal mine in South Africa’s Waterberg Coalfield has hit trouble after a key member of its funding consortium pulled out. The Industrial Development Corporation of South Africa (IDC) has cancelled all previously approved facilities due to its view that “the market conditions under which the Boikarabelo Coal […]
IEEFA
PV Magazine: The Sudanese minister of energy and mining, Khairy Abdul Rahmanhas, and the general director of the Abu Dhabi Fund for Development, Mohamed Saif Al Suwaidi, signed on Sunday a memorandum of understanding for the deployment of solar power plants with a combined capacity of 500 MW in Sudan. In an official statement, the […]
IEEFA
Renewables Now: France’s Neoen SA has kicked off construction on its 41-MWp Metoro solar photovoltaic (PV) project in northeastern Mozambique. The start of construction works was marked by an official groundbreaking ceremony last week that was attended by French government officials and the Mozambican president Filipe Nyusi, the Africa Solar Industry Association (AFSIA) announced. French […]
IEEFA: 50 new green hydrogen projects show Europe, Australia, Asia are lead players but US$75 billion in costs and government inaction could create delays
The green hydrogen industry needs more government backing to reach demand goals24 August 2020 (IEEFA): The renewable rich green hydrogen industry is accelerating with 50 new projects announced in the last year including five just last month, but a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds the pace is not fast enough to meet global energy demand, with massive capital […]