AfrElec - Africa Power Monitor

AFRELEC: AfDB provides $2.5mn to boost Africa’s regional grids

The African Development Bank (AfDB) has approved $2.5bn of grants to promote cross-border trading in Eastern and Southern Africa.

bneGreen: Last chance to cut emissions and save the climate: UN report

The UN has said in its strongest statement yet that human influence is unequivocally responsible for creating climate change, with only immediate, rapid and large-scale reductions in CO2 and GHG emissions able to limit global global warming to 1.5°C

bneGreen: Last chance to cut emissions and save the climate

The UN said in its strongest statement yet that human influence is unequivocally responsible for creating climate change, with only immediate, rapid and large-scale reductions in CO2 and GHG emissions able to limit global global warming to 1.5°C.

Sonatrach says Skikda LNG plant has resumed production

Sonatrach, the national oil company (NOC) of Algeria, confirmed last week that it had restarted production at the Skikda LNG plant.

Egypt, Russia sign nuclear agreements to dispel delay fears

Egypt’s Nuclear Power Plants Authority and Russia’s Rosatom have signed some of the first technical agreements for the construction of Russian VVER 1200 reactors for Egypt’s Dabaa nuclear power plant (NPP).

US and G7 aim to invest in $80bn in African development

The US has confirmed its commitment to support the G7’s goal of investing $80bn in Africa’s private sector to help end the COVID-19 pandemic and spur sustainable growth, with climate mitigation and vaccine development at the top of the list.

SA on course for record power cuts as Eskom seeks to borrow $2.3bn

South Africa is on course for record power cuts in 2021, with 650 hours lost in the first half of the year, compared with the 859 hours lost during the whole of 2020.

AfrElec: Siemens Gamesa installs first turbine at Djibouti wind farm

Siemens Gamesa has installed the first turbine at the 59-MW Goubet wind farm in Djibouti

Strong public financing pushes renewable investment to new high

New investment in renewable energy reached $174bn in the first half of 2021, 1.8% lower than in the first half of 2020, BloombergNEF (BNEF) said, as investment in renewables withstood the effects of the global pandemic.

Air Products to supply MCHEs for NLNG’s Train 7 project

US-based Air Products has agreed to supply heat exchangers for the Nigeria LNG (NLNG) consortium’s Train 7 project.

Sound Energy, Afriquia Gaz sign agreement on supplies from micro-LNG plant

UK-based Sound Energy said last week that it had signed a long-term supply agreement with Afriquia Gaz (Morocco) for fuel from the micro-LNG plant that will be built at the Tendrara licence area in eastern Morocco.

NNPC head sees AKK pipeline boosting Nigerian economy

Mele Kyari, the group managing director of Nigerian National Petroleum Corp. (NNPC), has said he expects the Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline to give a boost to Nigeria’s economy.

Russia denies any delay in Egypt’s El-Dabaa nuclear project

Local media in Egypt have reported that the El-Dabaa nuclear power plant (NPP), which is being built by Russia, has been delayed because of the COVID-19 pandemic.

KenGen aims to build 682 MW of geothermal in four years

Kenyan state generator KenGen aims to install 682 MW of new geothermal capacity over the next four years in a bid to meet rising demand and achieve a new source of cheap electricity.

IRENA points to resilient and sustainable potential of offshore wind

Offshore wind has the potential to accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system.

Oyster Bay wind farm begins operation in South Africa

Enel Green Power RSA’s 140-MW Oyster Bay wind farm, in South Africa’s Kouga municipality in the Eastern Cape, has begun commercial operation.

Eni, Kenyan Ministry of Petroleum and Mining sign MoU on biofuel processing capacity

Italy’s Eni is moving forward with plans for the development of biofuel processing capacity in Kenya.

AfrElec: Nigeria’s PowerGen secures $9mn project financing for mini-grid project

Nigerian power developer PowerGen has secured project financing to build 28 distributed renewable energy (DRE) systems using solar PV and battery technology in rural areas.

EU takes carbon pricing initiative with CBAM

Net-Zero by 2050 could cost $173 trillion: BNEF

Achieving net-zero carbon emissions by 2050 will require as much as $173 trillion in investments in the energy transition, according to BloombergNEF’s (BNEF) New Energy Outlook 2021 (NEO).

Fitch Affirms African Development Bank at AAA; outlook stable

Fitch Ratings has affirmed the African Development Bank's (AfDB) long-term issuer default rating (IDR) at AAA with a Stable Outlook, the rating agency said in a statement.

IEA warns that only 2% of post-pandemic spending is green

The International Energy Agency (IEA) has warned that only 2% of post-pandemic spending commitments by governments, totalling $16 trillion, will fund green energy projects.

TRANSCO CLSG cross-border line switched on in West Africa

The Transmission Company Côte d’Ivoire, Liberia, Sierra Leone and Guinea (TRANSCO CLSG) has switched on the cross-border power line from Man in Cote d’Ivoire to Monrovia in Liberia.

Private investment needed in Rwanda to meet sustainable development goals

Rwanda could be in danger of missing its sustainable development goals as the COVID-19 pandemic has pushed the economy into recession in 2020, the World Bank has warned.

SA C&I sector starts to make inroads into solar PV market

The South African solar PV market installed 1,313 MW during 2020, broken down into 813 MW of utility-scale systems and 500 MW of distributed generation.