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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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REM: Siemens Gamesa see its value drop nearly 50% in 12 months, CEO out
Original equipment manufacturers in the wind industry are facing a rocky road because of cost pressures and the pandemic. This means a slashing in their value and, in the case of Siemens Gamesa Renewable Energy, a toppling of their CEO.
AfrElec: Kenya, Ethiopia agree to discuss new power purchase deal
Kenya and Ethiopia have agreed to fast-track talks for a power purchase agreement (PPA) among others to facilitate electricity trade between the two neighbouring East African countries.
Malawi appeals for help restoring power after Tropical Storm Ana
Russian ‘soft influence’ in Serbia fuels media war against Ukraine
Russian officials are adept at tapping into the Serbian psyche with appeals to patriotism, religion and the loss of Kosovo, resulting in sympathetic treatment in almost all Serbian media.
Global O&M solar market set for fast growth, but new entrants will struggle
Global solar operations and maintenance spending is predicted to rise fourfold to $15bn by 2030, but low margins could deter new entrants to the market and reduce profits for established players.
AfDB approves $2.5mn grant for COMESA to harmonise electricity regulations
The African Development Bank has approved a $2.5mn grant to advance the intra-regional harmonisation of electricity regulations in the Common Market for Eastern and Southern Africa (COMESA).
Mozambique president launches Cabo Delgado solar power station
Bamburi signs agreement with MOMNAI Energy to move to green energy
Bamburi Cement has signed a power purchase agreement for solar power plants to be installed adjacent to two cement processing units of the firm in Kenya
AfrElec: AfDB provides $27.39mn grant to support Ghana’s development of mini-grid network, solar PV net metering
BNEF: global investment in energy transition reached $755bn
Morocco bids for two small dams in Zagora and Errachidia
AG Energy to build 200-MW solar park in north-west Libya
TotalEnergies CEO hopes to resume work on $20bn Mozambique LNG project this year
Patrick Pouyanné, the CEO of TotalEnergies (France), has said he hopes to see work on the $20bn Mozambique LNG project resume before the end of this year.
TotalEnergies signs MoU with Rwanda to develop energy sector
TotalEnergies of France has signed with Rwanda Development Board (RDB) memorandum of understanding (MoU) to develop collaboration on energy-related projects
Oikocredit lends €5mn to Ecoligo, a ‘solar-as-a-service’ provider active in Ghana, Kenya
Social impact investor Oikocredit is giving €5mn ($5.5mn) loan to Ecoligo to support solar energy solutions provision to commercial and industrial businesses in Africa.
South Africans should brace for more planned outages, state power utility Eskom warns
Egypt keen to resume GERD talks
Egypt is keen to resume talks with Ethiopia and Sudan over the 6,500-MW Grand Ethiopian Renaissance Dam “as soon as possible," and has called for a legal agreement that would achieve the three countries’ interests and maintain regional stability.
Africa loses out over access to climate funding
Many African states are struggling to access money earmarked by global institutional investors to prepare them to combat climate change.
Meeting 1.5 °C could cost $75 trillion by 2050
Limiting global warming to 1.5 °C could cost reduce global GDP by 2%, or $75 trillion, by 2050 as spending must increase to accelerate the energy transition.
Kenya’s government sets 30-day deadline to vacate power line wayleves
Depending on the load of electricity transmitted and future expansion plans, the wayleaves (reserved land) should be between 60 and 120 metres on either side of power transmission line.
AfrElec: Kenya Power officials charged over nationwide power outage
Kenya’s court has dropped charges against six employees of the electricity distribution utility due to a lack of evidence linking them to the recent countrywide power outage.
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