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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.
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Gas a waste of money for South Africa
Any investment in gas-fired generation by South Africa would prove to be a waste of money as cheaper renewables and battery storage technology would soon undercut it.
AfrElec: South Africa set for 5.4 GW of new wind by 2026
South Africa could add 5.4 GW of new wind capacity over between 2022 and 2026, although procurement could be delayed as additions fall between 2021 and 2022.
Wind growth needs to quadruple to meet net-zero goals
The global wind industry posted its second-best year ever in 2021, posting 12% growth and adding 93.6 GW of new capacity onshore and offshore, bringing the global fleet to 837 GW.
KenGen completes 83MW geothermal power plant in Kenya
Kenya has completed building of the 83MW Olkaria I Additional Unit (AU) 6 geothermal plant set to inject more power into the national grid.
Energy transition needs $5.7 trillion per year until 2030
The world needs to invest $5.7 trillion per year between now and 2030 if it is to have any chance of limiting global warming to 1.5°C.
Wind and solar growth must accelerate to keep pace with demand for power
Wind and solar accounted for a record 10.3% of global electricity consumption in 2021, after solar generation rose by 23% and wind grew by 14%.
Zimbabwe energy firm RioZim seeks alternative funder for 2,800MW coal-fired plant after Chinese pullout
FAR outlines strategy for The Gambia
Australia’s FAR Ltd has revealed that its primary goal for this year will be to “focus on value-creating strategies” for its exploration licences located in The Gambia’s offshore zone.
Ghana ready to phase out fossil fuel to renewable energy – deputy minister
The lack of resources could affect the transition to cleaner energy.
AfrElec: Ghana ready to phase out fossil fuels for renewable energy
The lack of resources could affect the transition to cleaner energy.
Kenya reaches 75% electricity connectivity, despite rampant transformer theft
Kenya’s connectivity rate to electricity is now 75%. 6.9mn more households access power from the national grid than in 2014.
UK's Kibo Energy acquires 100MW solar farm in Zimbabwe
InfraCo Africa invests $3.8mn in Kenya’s Globology to expand Waterbus passenger transport operations on Lake Victoria
InfraCo Africa has signed with Globology Ltd a shareholders’ agreement for investing $3.8mn to expand Waterbus passenger transport operations on Lake Victoria in East Africa.
AfDB announces $2.8bn investment in South Africa, including for renewable energy transition
The African Development Bank President, Akinwumi Adesina, has pledged the banks support for SouthAfrica by announcing a $2.8 billion package over a period of 5 years.
Mitsui invests €575mn to take 27% stake in Mainstream
Japan’s Mitsui & Co is to invest €575mn in Aker-owned Mainstream Renewable Power in a bid to finance the global green developers drive to expand its footprint in the Americas, Africa, Asia-Pacific and Europe.
Africa faces challenges for energy transition
The International Energy Agency has highlighted that Africa faces both major challenges and huge opportunities as it transitions towards clean energy, allowing the continent to bypass traditional fuels and infrastructure.
Solar Tyme USA seeks to raise $1.75mn for solar microgrids in Sierra Leone
Georgia-based Solar Tyme USA aims to raise $1.75mn to build a 200-kW solar microgrid power plant in Kumala and a 50-kW solar system power plant in Liro, Sierra Leone.
Tronox signs 200-MW solar PPA with South Africa's SOLA Group
Tronox Holdings has signed a long-term power purchase agreement with South African independent power producer SOLA Group to provide 200 MW of solar power to Tronox's mines and smelters in South Africa.
TotalEnergies opens first solar-powered service station in Tanzania
TotalEnergies has launched its first solar powered station in Tanzania, as part of the French company’s transition towards greener energy sources.
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