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China leads offshore wind growth in 2020
China installed 3 GW of new wind capacity in 2020, half the global total, as offshore wind demonstrated its resilience to COVID-19.
Gasmeth set to begin CNG production in Rwanda by end-2022
Gasmeth, a company founded to extract methane from Lake Kivu in Rwanda, has said it expects to begin turning out CNG by the end of next year.
Sasol announces FID on Pande-Temane gas project
South Africa’s Sasol is looking to push forward with the development of Pande and Temane, two onshore natural gas fields in neighbouring Mozambique.
El Sewedy Electric has growing backlog, EPC margins would moderate in the future – Russia’s VTB Capital
Singapore’s B&S Power to join 200-MW solar project in Nigeria
Nigeria’s Sunnyfred Global has signed an agreement with the Singaporean company B&S Power Holding to finance and build a 200-MW solar PV plant in Ashama, Delta State, in what would be the largest solar power plant in West Africa.
Eskom unbundling set for 2022
South Africa’s Eskom is expected to complete its unbundling into separate transmission, generation and distribution divisions by December 2022, the country’s National Treasury said this week.
Revego Africa Energy Fund to raise $102mn at IPO for South Africa
Revego Africa Energy Fund, an investor in South African renewable projects, is looking to raise as much as ZAR1.5bn ($102mn) by April.
Solar potential in Africa
Africa offers considerable solar potential if governments can put in place the right policies and grid resilience is improved
Energy storage market forecast to double 2021
The global energy storage market is targeting record expansion in 2021, with annual installations set to break through the 10-GW barrier for the first time.
PV addition could rise to 209 GW in 2021: BNEF
Solar PV capacity additions could be as high as 209 GW in 2021, compared with 141 GW in 2020, new research from Bloomberg New Energy Finance forecasts.
Eskom keen to avoid sudden bill increases
Eskom will try to avoid sudden large increases in electricity tariffs, Eskom CEO André de Ruyter said this week in the aftermath of the national regulator rules that could recoup ZAR6bn ($410mn) in future tariffs.
Siemens Gamesa delivers turbines to Djibouti’s 59-MW Goubet wind farm
Siemens Gamesa has this week delivered all the components for 17 of its SG3.4-132 turbines that it will install at its 59-MW Goubet wind farm in Djibouti, despite the challenging conditions caused by COVID-19.
Daystar to seek $100m over three years for West African solar projects
West Africa hybrid solar power solutions provider Daystar Power plans to raise about $100m within the next three years to satisfy existing client demand.
Africa accounts for just 6% of global energy demand
Africa accounts for only 6% of global energy demand and a little more than 3% of electricity demand.
Japan to provide $240mn to boost Egypt’s green reputation
Japan is to provide $240mn of development finance to Egypt in a bid to boost green growth and sustainable development while also combating climate change and helping fund the post-COVID-19 recovery.
US, Shell to provide $145mn to support Africa’s private power sector
The US Development Finance Corporation (DFC) and the Shell Foundation have signed a partnership to strengthen their investments in renewable energy in Africa and Asia.
Mozambique LNG project may be back on track soon
Total’s CEO says work may resume on the Mozambique LNG project by the end of March, pointing to his company’s security agreement with the Mozambican government and insisting production will begin in 2024.
AfDB to support West Africa to meet Paris commitments
The African Development Bank has extended financial support to a project that will strengthen the efforts of West African countries to meet their Nationally Determined Contributions (NDCs) targets under the Paris climate accord.
South Africa’s DBSA launches green bond
The Development Bank of South Africa (DBSA) has announced the launch of its first green bond, a €200mn offering issued through a private placement with the French development finance institution, the Agence Française de Développement (AFD).
Kenya to invest $34mn in combating climate change
Kenya has launched a $34mn project aimed at cushioning the effects of drought caused by climate change, targeting communities living in arid regions of the country.
Sub-Saharan Africa could yield extra 74mn tpy of LNG supply: ACTING
Ethiopian fuel distributors urge government to reconsider cash-based payment system
The Ethiopian Petroleum Dealers Association (EPDA), an industry association representing local fuel distributors, has once again asked Addis Ababa to reconsider its plan to switch to a cash-based payment system.
Savannah strikes CNG deal in Nigeria
IRENA seals new energy transformation agreement for Southern Africa
The International Renewable Energy Agency (IRENA) and the Southern African Development Community’s Centre for Renewable Energy and Energy Efficiency (SACREEE) are to work together to boost renewable energy, especially decentralised technology.
Exxaro to stop investing in new coal production
South Africa’s Exxaro Resources is to stop investing in new thermal coal assets, although it will continue to produce and supply coal for domestic and international customers, chief executive Mxolisi Mgojo said.
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