AfrElec - Africa Power Monitor
Siemens the next to exit coal
Siemens’ turbine manufacturing business will no longer make any bids to build new coal-fired power stations, although it will continue with its existing coal power business and will also not stop building gas-fired turbines.
Renewable power proves resilient to COVID
Renewables will account for 90% of new generating capacity in 2020, the IEA forecasts, but more consistent green policies are needed to foster sustainable growth.
Toshiba sets 50% emissions reduction target
Toshiba has announced plans to reduce its CO2 emissions by 50% by 2030 and by 80% by 2050, while it also aims to contribute to the creation of a net-zero society by 2050.
Nigeria’s 2020 grid losses worth $632mn
Nigeria’s transmission losses between January and October were valued at NGN243bn ($632mn), the country’s Association of Power Generation Companies (APGC) said.
SA’s Bokpoort CSP plant breaks round-the-clock record
Saudi Arabia’s ACWA Power said that its Bokpoort CSP plant in South Africa had become the first renewable facility in Africa to complete a full week of continuous round-the-clock operation.
Nigeria marks metering milestone
Nigeria’s National Mass Metering Programme (NMMP) has already procured 1mn new meters, the Nigerian Electricity Regulatory Commission (NERC) said this week.
African Union, AfDB to draw up African transmission masterplan
The African Union Development Agency (AUDA-NEPAD) and the African Development Bank (AfDB) aim to spearhead the development of a pan-African masterplan to develop a continent-wide transmission grid.
Eskom results: better revenues, but higher losses and mounting debt
Eskom managed to post a ZAR20.5bn ($1.27bn) loss for the year to March 2020, as what it termed significant operational and financial challenges caused a 1.3% fall in sales and a declining energy availability.
Global wind market grows 18% in 2020 despite pressure from pandemic
Resilience and falling costs have kept up wind growth in 2020, and more expansion is set to come
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