Proprietary insights and market intelligence, driven by curiosity.
An international jury of experts selected Gigawatt Global as the 2020 EEP Africa Project of the Year for its 7.5 MW grid-connected solar PV plant in the Gitega province of Burundi. Gigawatt Global has secured a 25-year Power Purchase Agreement (PPA) with the Government of Burundi for the project, becoming the first non-diesel Independent Power Producer (IPP) in the […]
South African construction company Concor has put its stamp of experience and quality on another renewable energy project – this time the Roggeveld Wind Farm in the Karoo, 40 km north of Matjiesfontein. Link to article
The Federal Government of Nigeria plans to spend $3 billion on the energy sector in the next 24 months and end the current electricity subsidies by December 2021. https://www.esi-africa.com/industry-sectors/finance-and-policy/nigeria-federal-government-to-spend-3b-in-power-sector/
The African Development Bank (AfDB) has just approved a USD 530 million loan to Angola. The funds will be used to build a transmission line to link the north and south of Angola, as well as to connect households to the national electricity grid. https://www.afrik21.africa/en/angola-afdb-approves-530-million-loan-for-hydropower-transmission/
A French-Lebanese research group has proposed a way to cool down PV modules by using air exhausted from heating, ventilation, and air conditioning (HVAC) systems. They showed that array performance improves when the cooling load rises. https://www.pv-magazine.com/2021/03/25/cooling-pv-panels-with-hvac-system-exhaust/
Solar power has proven to be the solution needed by flower farmers in Kenya to support their energy-intensive businesses. These projects including Kenya’s first floating solar power plant are in line with the Kenyan government’s aim to use sustainable sources of electricity, especially in rural areas. https://www.esi-africa.com/industry-sectors/generation/solar/kenyas-flowers-bloom-through-solar-powered-farms/
Africa has considerable potential to generate solar and wind energy at a low cost, as it hosts many areas of high solar irradiation and good wind speeds. https://www.engineeringnews.co.za/article/green-hydrogen-has-role-to-play-in-wind-solar-energy-in-africa-2021-03-24
The African Development Bank has partnered with the Climate Investment Funds to release a scoping report highlighting the impact of combining green banks and national climate funds to accelerate green financing. https://www.esi-africa.com/industry-sectors/finance-and-policy/combining-green-banks-and-national-funds-to-boost-climate-financing-in-africa/
According to a virtual discussion hosted by the SA Chamber of Commerce around Bid Window 5 of the REIPPP programme, investing in energy projects in South Africa and Africa is a sound proposition. https://www.esi-africa.com/industry-sectors/finance-and-policy/investment-into-bid-window-5-is-lined-up-and-raring-to-go/
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