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Sudan hopes to offer 27 blocks to investors
Sudan’s Ministry of Energy and Mining has announced plans to offer more than two dozen new blocks to investors in the near future.
NLNG set to increase domestic LPG supplies by 28.6% in 2021
The Nigeria LNG (NLNG) consortium is gearing up to increase the volume of LPG reserved for domestic consumption by more than a quarter next year.
Nigeria shifts target date for passage of PIB back by three months
Nigerian President Muhammadu Buhari has been pushing the National Assembly to pass the long-delayed Petroleum Industry Bill (PIB) before year-end, but his administration has now pushed the target date back by three months.
Scottish Widows to divest from thermal coal and tar sands
UK pensions investor Scottish Widows is to divest at least GBP440mn ($528mn) from companies that maintain their exposure to coal and weapons, among other factors, as it positions itself as an ethical investor.
Lamu could be too expensive for Kenya
Kenya Power said in its annual report this week that output at the country’s fossil fuel-fired thermal power plants fell 44% in the year to June 2019 as generation at the Lake Turkana wind power project ramped up.
Marubeni confirms exit for SA’s Thabametsi project
Japan’s Marubeni Corp. has confirmed it will not fund the Thabametsi coal-fired power plant in South Africa, following the withdrawal of some South African investors this week.
Siemens the next to exit coal
Siemens’ turbine manufacturing business will no longer make any bids to build new coal-fired power stations, although it will continue with its existing coal power business and will also not stop building gas-fired turbines.
Renewable power proves resilient to COVID
Renewables will account for 90% of new generating capacity in 2020, the IEA forecasts, but more consistent green policies are needed to foster sustainable growth.
Toshiba sets 50% emissions reduction target
Toshiba has announced plans to reduce its CO2 emissions by 50% by 2030 and by 80% by 2050, while it also aims to contribute to the creation of a net-zero society by 2050.
Nigeria’s 2020 grid losses worth $632mn
Nigeria’s transmission losses between January and October were valued at NGN243bn ($632mn), the country’s Association of Power Generation Companies (APGC) said.
SA’s Bokpoort CSP plant breaks round-the-clock record
Saudi Arabia’s ACWA Power said that its Bokpoort CSP plant in South Africa had become the first renewable facility in Africa to complete a full week of continuous round-the-clock operation.
Nigeria marks metering milestone
Nigeria’s National Mass Metering Programme (NMMP) has already procured 1mn new meters, the Nigerian Electricity Regulatory Commission (NERC) said this week.
African Union, AfDB to draw up African transmission masterplan
The African Union Development Agency (AUDA-NEPAD) and the African Development Bank (AfDB) aim to spearhead the development of a pan-African masterplan to develop a continent-wide transmission grid.
Eskom results: better revenues, but higher losses and mounting debt
Eskom managed to post a ZAR20.5bn ($1.27bn) loss for the year to March 2020, as what it termed significant operational and financial challenges caused a 1.3% fall in sales and a declining energy availability.
Global wind market grows 18% in 2020 despite pressure from pandemic
Resilience and falling costs have kept up wind growth in 2020, and more expansion is set to come
SA urged to exploit green hydrogen potential
South Africa has the ability to develop a major green hydrogen export industry if it can take advantage of its renewable energy potential.
World Bank to release first $4.6mn of funding for off-grid solar in Kenya
Up to 19 off-grid solar companies in Kenya have been offered access to KES500mn ($4.6mn) of credit as part of the World Bank’s $150mn Kenya Off-grid Solar Access Programme (KOSAP).
Tlou Energy seeks funding for Lesedi power project
Tlou Energy has said that it is still seeking funding for development of the Lesedi power project in Botswana.
Resgen loses IDC’s backing for Boikarabelo coal project
South Africa’s state-owned Industrial Development Corp. (IDC) has pulled out of Resource Generation’s (Resgen) ZAR4.2bn ($250mn) Boikarabelo coal project.
Vestas buys 50% stake in MHI
Denmark’s Vestas has bought Mitsubishi Heavy Industries’ (MHI) 50% stake in their MHI Vestas Offshore Wind (MVOW) joint venture in a swap deal that will see MHI taking a 2.5% stake in Vestas.
Wind, solar to dominate by 2050, but fossil fuels persist
Wind and solar PV will meet 56% of world electricity demand by 2050, BloombergNEF found in its 2020 New Energy Outlook (NEO).
Azelio, JET ENERGY to roll out solar storage tech in Africa
Sweden’s Azelio has signed a memorandum of understanding (MoU) with Morocco-based JET ENERGY to explore energy storage projects with Azelio’s TES.POD technology in Francophone Africa.
Engie, OffGridBox to pioneer solar container project in Rwanda
France’s Engie and African solar-kit provider OffGridBox are to work together to supply electricity, drinking water and Wi-Fi in Rwanda by uniting their expertise in decentralised energy and container-based solar systems.
Eskom to resume building transmission line in KwaZulu-Natal
Eskom has said it will resume construction of the 123-km transmission line running through uMgungundlovu and uThukela District Municipalities in KwaZulu-Natal Province.
SA’s Thabametsi coal project in severe doubt as Kepco withdraws from coal
South Africa’s 630-MW Thabametsi coal-fired power plant faces an uncertain future after its main contractor, South Korea’s Kepco, said that it would no longer invest in new overseas coal power ventures.
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