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Morocco exports $60 mln of electricity in 2021

AFRICA

Brighter days ahead: This is the solution for South Africa’s power woes

January 11, 2024

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Over the last fifteen odd years, South Africa has been dealing with a severe energy shortage. This has led many households to explore alternative options, like installing battery backup systems, to cope with the impact of Eskom’s lack of generating capacity. While these solutions have been valuable in helping South Africans deal with frequent power […]

AFRICA

South Africa’s energy crisis shows the need for climate finance

November 7, 2023

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In Short : South Africa’s ongoing energy crisis highlights the urgent need for climate finance to support the country’s transition to renewable energy sources. The nation relies heavily on coal for its energy needs, contributing significantly to greenhouse gas emissions and exacerbating climate change. Climate finance, which includes funding and investment mechanisms specifically aimed at […]

AFRICA

South Africa’s power blackouts: solutions lie in solar farms and battery storage at scale, and an end to state monopoly – EQ Mag

June 5, 2023

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Rolling blackouts are costing South Africa dearly. The electricity crisis is a barrier to growth, destroys investor confidence and handicaps almost every economic activity. It has raised input costs for producers and retailers, and has triggered a new round of inflation and interest rate increases. Any solution will obviously incur cost because it will require […]

AFRICA

How investors can reduce South Africa’s power cuts with solar – EQ Mag

May 25, 2023

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The Coega Development Corporation is embracing solar energy in its Special Economic Zone, to ensure a steady power supply to businesses in the face of nationwide load shedding. Power cuts, or load shedding, have increased in South Africa over the past month, posing significant challenges to small businesses – which account for a third of […]

Rich nations target $20 bn to wean Indonesia off coal

AFRICA

Uncertainty on renewable retraining frightens South Africa’s coal communities – EQ Mag

April 6, 2023

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An investigation by Oxpeckers and Climate Home found coal-reliant communities in South Africa have scarce details on how funds for reskilling workers from its $8.5 billion deal will be implemented. Nelly Sigudla, a qualified fire watcher and part-time control room operator at Duvha power station in Mpumalanga, South Africa’s energy capital, worries for her future, […]

Rio Tinto partners with Voltalia for renewable solar power at Richards Bay Minerals

AFRICA

South Africa’s renewable power production to reach 13.2GW by 2023 – EQ Mag

March 27, 2023

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Private sector participation could alleviate pressure on the country’s ailing power networks, according to African Energy Chamber’s new report South Africa’s renewable energy market is poised to reach 13.21 gigawatts (GW) by the end of 2023 following favourable regulations and private sector participation, advocacy group African Energy Chamber said in a new report. The new […]

AFRICA

South Africa’s Attacq looks to solar to reduce reliance on diesel – EQ Mag

March 16, 2023

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JOHANNESBURG : Attacq plans to reduce its reliance on diesel generators used to keep the lights on at its shopping malls, opting for solar and battery power to cope with the rising costs from the energy crisis in South Africa. State electricity utility Eskom is implementing the worst rolling blackouts on record, leaving households in […]

AFRICA

South Africa’s Energy Crisis Sparks Money Manager’s Solar Fund – EQ Mag

February 16, 2023

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South Africa’s ongoing energy crisis has caused rolling blackouts, weakened the South African rand and forced the declaration of a state of disaster. An alternative asset manager is touting a new fund that it says will help alleviate that crisis and make investors a healthy return. Grovest’s Twelve B Green Energy Fund will ultimately seek […]

AFRICA

South Africa’s largest wind farm will power … a coal mine – EQ Mag

February 9, 2023

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In an announcement which paints a relatively clear picture of South African green energy transition, electricity generated from the country’s largest wind farm, which is set to come online in 2025, will be used to power a coal mine. South African coal mining company Seriti Resources has announced that its renewable energy subsidiary, Seriti Green, […]

AFRICA

New mega-projects planned for South Africa’s next ‘gold rush’ – EQ Mag

December 1, 2022

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President Cyril Ramaphosa, alongside the Department of Public Works and Infrastructure, has initiated South Africa’s inaugural Green Hydrogen Summit outlining some of the country’s future plans. Minister of the Department of Public Works and Infrastructure Patricia de Lille said that South Africa has a long history with green hydrogen and several inherent advantages that could […]

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