Proprietary insights and market intelligence, driven by curiosity.
In a bid to tackle climate change and achieve net-zero, the African Development Bank and plans to launch an African Just Energy Transition Facility to support African countries easily transition from heavy fuel oil and coal power plants to renewable energy baseload power systems. Thank you for reading!
The Roggeveld wind farm, which will meet the needs of about 49,200 households, was officially launched by Dr Nobuhle Nkabane, the deputy minister of mineral resources and energy, on Saturday, 21 May. Thank you for reading!
Inspired Evolution and Schneider Electric announce a collaborative partnership to explore innovative Energy-as-a-Service solutions across Africa Johannesburg, South Africa: 5 May 2022: The strategic partnership, forged through a memorandum of understanding signed in late November 2021, officially launches in Johannesburg on the 5th of May 2022 and paves the way for the two companies to […]
The African Development Bank, working in partnership with international partners, especially the G7 countries, plans to establish a just energy transition facility that will support South Africa to raise at least $27-billion to support its energy transition into renewable energy. Thank you for reading!
The Board of Directors of the African Development Bank (AfDB) Group has approved the Energy Access Financing Framework (EAF). This is an $800 million program that will help stimulate commercial and local currency investments in decentralized renewable energy in Africa. Thank you for reading!
The Roggeveld wind farm in South Africa has started commercial operations. The facility located on the Karoo Plateau has a capacity of 147 MW. This electricity is fed into the grid of the state-owned company Eskom. Thank you for reading!
The AU-EU LEAP-RE programme has announced funding for 13 new research and innovation projects into renewable energy in cooperation between Africa and Europe. Thank you for reading!
Africa’s infrastructure investment gap is estimated at more than $100 billion a year which affects the living conditions of people and also the continent’s global competitiveness. AfDB experts say public private partnership offer an additional way to increase private sector investments and a higher level of efficiency to develop and operate infrastructure assets on the […]
Renewable energy has an intermittency problem — the sun provides no power at night, while winds can stop suddenly. Better battery storage is considered key to solving the intermittency problem by storing energy when the wind and sun are strong. But current storage solutions, including lithium-ion batteries and pumped hydro, are expensive and challenging to […]
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