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As Africa Renewable Energy Finance Gap Widens, UAE Steps In With Major Investments
AFRICA

As Africa Renewable Energy Finance Gap Widens, UAE Steps In With Major Investments

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As global renewable energy investment levels are rising dramatically, there remains a considerable exception: Africa. The year 2021 witnessed record levels of global renewable energy investment worldwide, hitting $434 billion. Of that amount, only 0.6% went to Africa, according to a report by the RES4Africa Foundation. This amount is lower than an already low standard: […]
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Egypt’s COP27 Presidency sets out vision for UN Climate Change Conference and urges world to act now
AFRICA

Climate crisis: Africa is talking but is the west listening?

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Africa’s largest meeting on the crisis finished last week amid arguments over ‘false solutions’ and unfulfilled promises. But will the lofty ideals presented translate into better lives for Africans? More than a dozen African leaders stood outside Kenyatta International Convention Centre in Nairobi last Wednesday to review what had been billed as the continent’s largest […]
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Scatec Exits Iraq Solar Power Projects Amid Delays
AFRICA

Amplifying Solar Power: WATT Renewable Corporation’s 32MW Expansion

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Nigeria : WATT Renewable Corporation (WATT), is an independently owned provider of hybrid solar solutions to deploy over 32MW of solar PV and storage capacity in Nigeria. Under the contract, solar power and lithium-ion battery storage will be installed at 600 sites, following an Energy-as-a-Service model. These hybrid solar installations will enhance Airtel’s power supply […]
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Rooftop solar tax breaks for South Africa — what to expect
AFRICA

Rooftop solar in South Africa faces two major challenges

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While the National Treasury and SARS have launched two key tax incentives to boost investment into renewables and rooftop solar in South Africa, Eskom and energy regulator Nersa’s tariff restructuring could undermine them. This was a major concern highlighted by panellists at the 2023 Tax Indaba hosted by the South African Institute of Taxation (SAIT) […]
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Supply chain
AFRICA

How Africa is going to become a global supply chain powerhouse

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As the African Continental Free Trade Area begins operations, with its rich natural resources and growing consumer demand, the continent will transform its economic fortunes. Africa is on the cusp of a new era of prosperity as a manufacturing centre for high-tech industries and a key link in global supply chains, a new report from […]
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Concept of climate change.
AFRICA

Africa Confronts a ‘Climate Risk Blind Spot’ Due to a Shortage of Weather Radar Systems

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Vast expanse of the 54-nation continent is relatively unserved and unwarned with the least developed land-based weather observation network. The first Africa Climate Summit opens on Monday in Kenya to highlight the continent that will suffer the most from climate change while contributing the least. Significant investment in Africa’s adaptation to climate change, including better […]
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How Do Solar Farms Work Overview, Benefits, Environmental Impacts
AFRICA

Taxpayers Fronting $900 Million For Solar Farm In Africa Biden Bragged About Building – EQ Mag

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President Joe Biden bragged last week about his administration’s plans to build a solar farm in Africa that U.S. taxpayers are funding a $900 million loan for. Biden’s boast occurred during a speech Wednesday, hosted by the League of Conservation Voters, in which he promoted his administration’s energy and environmental policies, including the Inflation Reduction […]
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Floating Solar system
AFRICA

Africa has the largest floating PV power generating potential – EQ Mag

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The report reveals that the continent has over 100,000 square kilometers of freshwater reservoirs that could be used for floating solar farms. Exploiting just 1% of this surface area would give a 100GW potential, more than eight times the continent’s overall installed solar capacity. Africa has the world’s largest floating solar photovoltaic generating potential, according […]
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