AfrElec - Africa Power Monitor
SA urged to exploit green hydrogen potential
South Africa has the ability to develop a major green hydrogen export industry if it can take advantage of its renewable energy potential.
World Bank to release first $4.6mn of funding for off-grid solar in Kenya
Up to 19 off-grid solar companies in Kenya have been offered access to KES500mn ($4.6mn) of credit as part of the World Bank’s $150mn Kenya Off-grid Solar Access Programme (KOSAP).
Tlou Energy seeks funding for Lesedi power project
Tlou Energy has said that it is still seeking funding for development of the Lesedi power project in Botswana.
Resgen loses IDC’s backing for Boikarabelo coal project
South Africa’s state-owned Industrial Development Corp. (IDC) has pulled out of Resource Generation’s (Resgen) ZAR4.2bn ($250mn) Boikarabelo coal project.
Vestas buys 50% stake in MHI
Denmark’s Vestas has bought Mitsubishi Heavy Industries’ (MHI) 50% stake in their MHI Vestas Offshore Wind (MVOW) joint venture in a swap deal that will see MHI taking a 2.5% stake in Vestas.
Wind, solar to dominate by 2050, but fossil fuels persist
Wind and solar PV will meet 56% of world electricity demand by 2050, BloombergNEF found in its 2020 New Energy Outlook (NEO).
Azelio, JET ENERGY to roll out solar storage tech in Africa
Sweden’s Azelio has signed a memorandum of understanding (MoU) with Morocco-based JET ENERGY to explore energy storage projects with Azelio’s TES.POD technology in Francophone Africa.
Engie, OffGridBox to pioneer solar container project in Rwanda
France’s Engie and African solar-kit provider OffGridBox are to work together to supply electricity, drinking water and Wi-Fi in Rwanda by uniting their expertise in decentralised energy and container-based solar systems.
Eskom to resume building transmission line in KwaZulu-Natal
Eskom has said it will resume construction of the 123-km transmission line running through uMgungundlovu and uThukela District Municipalities in KwaZulu-Natal Province.
SA’s Thabametsi coal project in severe doubt as Kepco withdraws from coal
South Africa’s 630-MW Thabametsi coal-fired power plant faces an uncertain future after its main contractor, South Korea’s Kepco, said that it would no longer invest in new overseas coal power ventures.
Nigeria’s MAPCo to raise $1.2bn to finance new meters
Nigeria’s Meter Assets Finance and Management Co. aims to raise NIR480bn ($1.2bn) in three years to supply electricity meters to Nigerian consumers in a bid to improve payment discipline and improve distribution revenues.
Scatec Solar raises African exposure with acquisition of SN Power
Norway’s Scatec Solar has bought SN Power, a leading hydropower developer and IPP, from the Norfund in a $1.16bn deal that gives it access to 1.4 GW of hydro assets in Uganda, the Philippines and Laos.
Egypt begins work on 2,000-MW wind complex
Egyptian Electricity and Renewable Energy Minister Mohamed Shaker said that work had begun to build 2,000-MW of new onshore wind capacity in the Red Sea Governorate, adding that 500 MW had already been earmarked for development by Siemens.
Nigeria’s PIB envisions changes in domestic gas sector
Nigeria's Petroleum Industry Bill (PIB), which is still under discussion in the National Assembly, aims to make domestic gas sales a more lucrative proposition.
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