AfrElec - Africa Power Monitor
Egypt objects to Ethiopia filling GERD reservoir
Ethiopia has started its summer filling of the Grand Ethiopian Renaissance Dam (GERD), Egypt claimed this week, just days before the United Nations Security Council is due to discuss the issue.
Kenya completes 100-MW Kipeto wind farm
Construction of Kenya’s 100-MW Kipeto wind farm has been completed, with all 60 turbines at the new site sending power to the national grid, developers BTE Renewables and Kenyan-owned Craftskills said.
Green hydrogen needs supportive energy policies and lower costs
Green hydrogen is currently five times more expensive than grey hydrogen, meaning that the renewable fuel is unlikely to affect the credit profiles of EMEA integrated utilities in the next few years, Fitch Rating said in a recent report.
UN’s Green Climate Fund provides $501.1mn for four new climate projects
The UN’s Green Climate Fund (GCF) has allocated $501.1mn for four new climate projects around the world.
Botswana issues first large-scale solar licence
The Botswana energy regulator has granted a generation licence for a 100-MW solar project to local firm Shumba Energy, Reuters reported, making it the first independent power producer to set up a large-scale solar plant in the country.
AFRELEC: Statkraft provides $2.7bn to curb energy poverty in Africa
Norway’s Statkraft is to donate $2.7mn in cash and equipment to international development charity SolarAid over the next three years in a bid to tackle energy poverty in sub-Saharan Africa.
OneWatt Solar raises $24mn green bond in Nigeria
Nigeria’s OneWatt Solar (OWS) has successfully raised NGN3bn ($7mn) under its NGN10bn ($24mn) Green Bond Issuance Programme.
13,000 shovel-ready green projects could kick-start post-COVID recovery
13,000 shovel-ready renewable energy projects have the potential to provide 22% of the emission reductions needed to meet the UN’s Paris goals and 10mn potential new jobs, research from EY and the European Climate Foundation (ECF) has found.
Sasol, IDC team up to develop South Africa’s green hydrogen potential
Sasol is teaming up with Industrial Development Corp. of South Africa, a government-run development finance agency, to encourage investment in green hydrogen production capacity.
Deputy minister confirms 2023 start date for Tanzania LNG project
Tanzania’s Deputy Energy Minister Stephen Byabato has confirmed that work on the Tanzania LNG project is still slated to begin in 2023.
Tunisia, Norway make offer to break GERD deadlock
Tunisia and Norway have offered to consider taking the Grand Ethiopian Renaissance Dam (GERD) dispute to the July session of the United Nations Security Council (UNSC).
South Korea to provide $600mn of energy finance to Africa with AfDB
South Korea is to provide $600mn in co-financing for energy projects across Africa, with a particular focus on renewables and regulatory reform.
El Dabaa construction licence application submitted
The operator of Egypt’s future El Dabaa nuclear power plant (NPP), the Nuclear Power Plants Authority (NPPA), has applied to safety regulators for a construction licence for the first two Russian-designed reactors at the site.
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