Latest News for: Africa renewable energy


Legal challenges mount over SA’s 2 000MW Risk Mitigation IPP Procurement Programme

Independent online (SA) 17 Sep 2021
SOUTH Africa’s bid to boost its electricity supply in the short-term through renewable energy could face further blackouts as legal challenges mount over the country’s 2 000MW Risk Mitigation Independent Power Producers Procurement Programme (RMIPPPP).

Global surge in IPOs has eluded Sub-Saharan Africa where it's easier to raise debt

Business Day 17 Sep 2021
The firm needed more exposure to international investment funds focused on technology, CEO Zak Calisto said.Revego Africa Energy, an investor in South African renewable projects, had planned to raise as much as R1.5bn but opted instead to pursue a capital raising in the private market, CEO Reyburn Hendricks said.

S.Africa says UK climate envoy to visit to discuss helping shift from coal

Reuters 16 Sep 2021
Eskom, the state power company and Africa's single biggest greenhouse gas emitter, is pitching a $10 billion plan to global lenders that would see it shut the vast majority of its coal-fired plants by 2050 and embrace renewable energy ... Clyde Mallinson, a renewable energy ...

South Africa's 55-MW Greefspan II solar farm reaches COD

Renewables Now 16 Sep 2021
... job was delivered in partnership with Spanish engineering group TSK and South Africa’s Umbono Energy Partners ... The project was awarded under Round 4 of South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).

South Africa: Harnessing Sunlight and Wind Could Go a Long Way Towards Solving SA's Problems ...

All Africa 15 Sep 2021
Renewable energy could be a viable solution to South Africa's unemployment, Eskom's problems and the looming effects of the climate crisis ....

Senegal´s mining industry – cornerstone of the national economy

Sierra Leone Telegraph 15 Sep 2021
In response to growing demand for renewable power, and increasing interest by international stakeholders to invest, develop, and succeed in Africa, Energy Capital & Power will hold the MSGBC Oil, Gas, & Power 2021 (https.// conference and exhibition on the 1-3 December 2021.

Enfinity Global secures USD-300m loan facility from CarVal Investors

Renewables Now 14 Sep 2021
... energy projects totalling 3 GW ... Enfinity is a platform that originates, finances, builds, operates and owns renewable energy assets in Europe, Asia, Africa and the Americas.

Elsewedy Electric acquires 99.25% stake in International Cables

Egypt Commercial News 14 Sep 2021
ArabFinance ... Elsewedy Electric is a leading integrated energy solutions provider in Africa and the Middle East. It has a portfolio incorporating all traditional and renewable energy areas along with related services. arabfinance. .

Progressive capital partnerships will plug Nigeria’s infrastructure gap

Business Day Online 13 Sep 2021
As an investment partner to Africa for ... In 2019, we created Gridworks, a development and investment platform that targets investments in commercially sustainable on-grid and off-grid electricity network infrastructure to facilitate the deployment of more renewable energy in Africa.

President Biden Announces Representatives for the United Nations General Assembly

The White House 13 Sep 2021
Tom Carnahan is a renewable energy developer and entrepreneur based in Saint Louis, Missouri ... He is actively engaged in bringing renewable energy to the people of Sub-Saharan Africa and is developing several large wind, solar and battery storage projects in Tanzania and Zambia.

Africa Finance Corporation Receives a US$100M Loan From India Exim Bank to Spur Post-Covid Recovery

Algeria Times 12 Sep 2021
These strategic partnerships help mobilise the urgently needed capital to rebuild Africa post-pandemic, with more resilient and sustainable infrastructure across key sectors including renewable energy, transportation and telecommunications.” ... AFC was established in 2007 to catalyse private sector-led infrastructure investment across Africa.

AfDB President commends Sahara Group’s commitment to promoting electricity access in Africa

Business Day Online 10 Sep 2021
“These present new, compelling and exciting opportunities for the Sahara Group to partner with development finance institutions such as the African Development Bank, to lift 600 million Africans out of energy poverty, provide renewable energy across the continent, and accelerate Africa’s energy transition,” Adesina said.

Oman warns of $200 oil in dig at IEA climate advice

Urdu Point 09 Sep 2021
... at a conference jointly organised by his country with the IEA on energy transition in the middle East and North Africa ... The criticism appeared aimed at the head of the IEA, Fatih Birol, who had urged countries in the Middle East and North Africa region to develop renewable energy.

Oman warns of crude oil price hike in dig at IEA’s climate advice

The News International 09 Sep 2021
I think that´s extremely dangerous," he said at a conference jointly organised by his country with the IEA on energy transition in the Middle East and North Africa ... The criticism appeared aimed at the head of the IEA, Fatih Birol, who had urged countries in the Middle East and North Africa region to develop renewable energy.

SA hydrogen energy development poised to unlock investment

Mail Guardian South Africa 09 Sep 2021
South Africa has ideal weather conditions for solar and wind generation, which are the renewable energy options typically used in green hydrogen production, according to the science and innovation department, which told the Mail & Guardian that high solar and wind ...