Tag: renewable energy in africa

Renewable energy transition in sub-Saharan Africa: Paper

Africa has 60% of the world’s best solar resources. The unique opportunity that Sub-Saharan Africa has is to find a way of taking advantage of its relatively low level of incumbent fossil fuel infrastructure compared to many other countries, and a large and growing demand for clean and affordable energy. This paper by Climate Analytics conducts a survey of the issues involved in taking advantage of this opportunity and looks at further critical work needed to advance this.

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For Africa, economic growth and sustainability intersect

Over 600 million people in Africa lack access to energy, while the 46 percent of the population in Africa who do have access use less than all of Spain alone. Lack of energy access suffocates the continent’s economy, resulting in diminished growth compared to other developing regions. As the African population rapidly increases, the demand for reliable energy, secure jobs, and a sustainable future will increase in tandem.

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Powering Agri-food Value Chains with Geothermal Heat – Africa

In African countries, geothermal heat applications along the agri-food value chain have the potential to enhance food productivity, reduce food spoilage, and add value to food produce. This would result in food security, more employment opportunities and higher incomes for the employees and other agri-food stakeholders. Geothermal energy would also contribute to the sustainability of the agri-food sector by reducing carbon emissions.

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Africa: The Power of Renewal – Current Status of the Energy Transition

In Africa, the most noticeable trend has been the transition towards decentralized power solutions. Solar home systems have also moved from being a niche sector dominated by non-governmental organizations to being considered a mainstream investment led by the big players. Energy investors who have traditionally focused on grid-scale generation are now investing in, buying or developing businesses in this area in Africa.

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Energy transitions in sub-Saharan Africa are about more than mobilizing finance

There is a remarkable correlation between the availability of fossil-fuel resources and the choice of energy technologies. Countries like Nigeria, Ghana and Tanzania, which have significant commercially viable oil, gas and/or coal resources, have included little non-hydro renewable energy in their energy mixes. Countries like Ethiopia and Kenya that lack fossil-fuel resources have shown a greater interest in developing their renewable sources of energy.

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Clean Energy Transitions in the Sahel

This report by the International Energy Agency (IEA) identifies pathways and makes recommendations to accelerate clean energy transitions in six Sahelian countries (Burkina Faso, Chad, Mali, Mauritania, Niger and Senegal). Its aim is to take stock of current energy trends in the Sahel and illustrate policy-relevant best practices that can help speedily advance energy access, energy sector development and the transition of the region’s energy systems towards the use of ever-cleaner sources.

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Africa gains $34 million investment in renewable energy yield

he first specialized renewable energy yieldco will be established in Africa. UK Climate Investments has made a $34 million investment to the yieldco, which will be managed by Revego Fund Managers. Revego intends to address the issue of energy access and expedite the deployment of new clean power production capacity in South Africa by purchasing equity in operating renewable energy projects and assisting developers in unlocking and recycling capital.

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The way forward for renewables in Eastern and Southern Africa

IRENA has released a report titled, “Planning and prospects for renewable power: Eastern and Southern Africa” which assesses the prospects for the power sector in the countries of the Africa Clean Energy Corridor through 2040. As well as analysing the master plans of the two key power pools, it highlights sustainable, renewables-based alternatives based on IRENA’s latest dataset.

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700 MW Zungeru hydropower station to be concessioned in Nigeria

National Council on Privatisation (NCP) and the Bureau of Public Enterprises (BPE), have invited expressions of interest from qualified technical advisers to provide transaction advisory services for concession of a 700 MW hydropower project. The bid submission deadline is March 31, 2021.

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AECF unveils $1.2 million innovation fund for renewable energy in Africa

African Enterprise Challenge Fund (AECF) has launched a $1.2 million innovation fund to create new business opportunities in Africa in the renewable energy space. This fund targets supporting market readiness of emerging innovations. It will also help secure financial, technical, and networking support for taking existing proven prototypes to scale.

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Egypt’s RE Transition: Focus on becoming a regional energy hub

In order to meet the power demand of the rising population and an expanding economy, Egypt is focusing on increasing the share of renewable energy (RE) in its power generation mix—given the high potential for RE resources particularly solar and wind—and relying less on fuel and gas-based resources, which are depleting and limited. This will also help decrease the country’s overall carbon footprint.

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