AfrElec - Africa Power Monitor

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Power

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Overview

AfrElec’s covers coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the political and investment decisions needed to improve access to electricity for Africa’s expanding population.

Timely, accurate, on-the-ground news and analysis is vital to investors, developers, engineers and businesses, both regionally and internationally.

AfrElec will analyse key project, policy and investment issues and offers insight into what will come next in the power sector. It offers the latest commentary on the geopolitical framework, energy policy, tendering and investment – and assesses the risks inherent in working in the African business environment.

AfrElec is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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China props up global coal power industry in 2019

26 March 2020

Coal power construction fell sharply for the fourth year in a row in 2019, with African coal facing weaker political support

Global wind growth hit by COVID-19

25 March 2020

The global wind sector added 60.4 GW of new capacity in 2019, 19% more than 2018 installations, with 6.1 GW added offshore.

Global power demand falls 15%

24 March 2020

The current global COVID-19 crisis has highlighted how much the modern economy relies on electricity, the IEA has claimed.

AfDB leads DFIs in promoting private investment in energy access

19 March 2020

The African Development Bank and a number of European development finance institutes (DFIs) have committed $160mn of initial funding for the Facility for Energy Inclusion (FEI)

SA regulator nudges forward IPP round

19 March 2020

South Africa’s National Energy Regulator NERSA on March 18 issued its second consultation paper for the much-delayed IPP licensing round

South Africa’s Necsa faces financial crisis

19 March 2020

South African nuclear operator Necsa faces running out of money as it waits for the government to approve a ZAR500mn ($29.5mn) funding allocation

Energy transition faces tough test after COVID-19 and cheap oil

18 March 2020

Post-crisis economic stimulus packages much be focused on clean energy and not coal if the fight against climate change is not to be derailed

AfDB supports Nigeria’s struggling power sector

12 March 2020

The African Development Bank has agreed to lend $200mn to Nigeria’s Rural Electricity Agency (REA) to boost access to power for domestic, commercial and industrial customers in rural areas.

Emerging off-grid sector to play key role in achieving universal access

12 March 2020

Investment in off-grid energy access between 2010 and 2019 reached $2.1bn, connecting 420mn people to off-grid solar supplies and 47mn to local mini-grids.

$600bn of coal investment at risk from competitive wind and solar

12 March 2020

The falling price of renewables means that the 499 GW of new coal capacity planned or being built worldwide could be a $638bn waste of money.

Oil price crash raises questions for energy transition

10 March 2020

The global oil and gas industry’s enthusiasm for the energy transition could be in doubt as the world reacts to the collapse of the oil price and the spread of the coronavirus.

3% decline in coal generation not enough to meet Paris targets

10 March 2020

China’s coal expansion has cancelled out the fuel’s decline in Europe and the US. China must also reduce its exposure to coal if the Paris targets are to be met

Schneider Electric seals smart grid deal with Egypt

5 March 2020

Schneider Electric has closed a deal with Egypt’s Ministry of Electricity to build a new generation of distribution control centres that will use smart technology

China’s solar plans for Uganda

5 March 2020

Uganda cannot let Chinese investment in renewables leave it exposed to unsustainable debt, stranded assets and high tariffs

Standard Bank buys IFC green bond to invest $200mn in renewables

5 March 2020

The IFC has invested $200mn in Standard Bank of South Africa’s green bond, which was placed on the London Stock Exchange on March 2.

NEoT Offgrid Africa to raise $45 for off-grid solar in Côte d’Ivoire

5 March 2020

NEoT Offgrid Africa (NOA) has launched a pioneering receivables securitisation programme that aims to raise up to €40mn ($44.5mn) to finance off-grid solar home systems in West Africa.

CrossBoundary Energy finalises $16.5mn injection of equity capital

27 February 2020

UK-based investment fund ARCH Emerging Markets Partners has invested $16.5mn of equity capital in CrossBoundary Energy (CBE), an off-grid solar developer in Africa.

Scatec Solar opens 86-MW tranche at SA’s Dyason’s Klip 1 solar complex

27 February 2020

Scatec Solar has connected a second 86-MW tranche at the Dyason’s Klip 1 solar complex in SA

GERD talks break down again despite US mediation

27 February 2020

Ethiopia has pulled out of US-supported talks with Egypt over the construction of the $5bn Grand Ethiopian Renaissance Dam

SA budget brings little good news for Eskom

27 February 2020

South Africa’s 2020 budget offers little new or innovative for Eskom.

Siemens’ Djibouti wind farm deal highlights opportunities for utility-scale projects in Africa

27 February 2020

East Africa’s utility-scale wind sector received a much-needed boost this week as Siemens Gamesa confirmed that it would supply turbines for an Africa Finance Corporation (AFC)-led, 59-MW wind farm in Djibouti.

African wind expansion stalls in 2019, but fast growth is forecast

18 February 2020

Utility-scale wind additions in Africa and the Middle East dipped by 7% in 2019 to 894 MW, although the market is set to bounce back in the next five years.

Chinese apply to build 840 MW of hydro in Uganda

17 February 2020

Chinese interests have applied for a licence to build a $1.4bn hydropower plant (HPP) in Uganda.

Edited by

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