Tag Archives: Solar
In a world first, Nigeria is pioneering a new solar electricity service and it is already transforming lives.
The Moroccan Agency for Solar Energy (MASEN) has shortlisted 5 consortia to bid for the phase 1 of the 800 MW Noor Midelt solar power complex. Noor Midelt is the first complex that specifies hybrid plants including both CSP and PV. Total capacity is expected to reach 400 MW, of which 150 to 190 MW would be provided by CSP with with minimum of 5 hours storage.
The consortiums officially pre-qualified are:
Power Africa attended the Africa Energy Forum (AEF) to further advance its goal to increase energy access and power generation in sub-Saharan Africa. Through grant signings, facilitated events, and targeted meetings with government and private sector partners, Power Africa plans to further increase the number of transactions that have reached financial close. Currently, the 76 projects that have reached this status are expected to generate over 7,107 megawatts (MW) since the initiative’s 2013 launch.
FINANCIAL RISK INTERVIEW: “The solar off-grid grid space is fascinating. Like telecom it is an example where development and private interests are fully compatible.”
Exclusive interview with Harald Hirschhofer, Senior Advisor, The Currency Exchange Fund (TCX), The Netherlands. Harald is organising a TCX Risk Mitigation workshop during the F&I Forum at African Utility Week and will address attendees on “Understanding of risks and their pricing – how can the supply of long-term local currency financing and hedging be improved?“
WORLD BANK INTERVIEW: Mini and off-grid electricity, especially from sources like solar, offers increasing potential to electrify homes in many rural areas of Sub-Saharan Africa”
Exclusive interview with Lucio Monari, Director, Energy and Extractive Global Practice at the World Bank. He will address the CEO Forum at the upcoming African Utility Week on a World Bank study on the “Financial Viability of Electricity Sectors in Sub-Saharan Africa”.
By Thomas Rahkonen, Chief Technology Officer & Vice President eCentre, Flexenclosure
Eskom generates approximately 95% of the electricity used in South Africa and approximately 45% of the electricity used in Africa. Eskom generates, transmits and distributes electricity to industrial, mining, commercial, agricultural and residential customers and redistributors. Additional power stations and major power lines are being built to meet rising electricity demand in South Africa. Eskom will continue to focus on improving and strengthening its core business of electricity generation, transmission, trading and distribution. For more information, please visit www.eskom.co.za.
Lopatka: “Africa wants closer cooperation with Austria” / State Secretary sets initiatives for economic cooperation and educational projects
VIENNA, Austria, May 14, 2013/African Press Organization (APO)/ – Opportunities for deepening political and economic ties to the African continent were the focus in a meeting of Austrian State Secretary Reinhold Lopatka with 25 ambassadors from African states. The Austrian Development Agency (ADA), the Austrian Development Bank and the Austrian Ministry of Finance (soft loans) are the partners in the Africa initiative, which the Federal Ministry for European and International Affairs has started with the support of the Federal Economic Chamber (WKÖ) and the City of Vienna. The African ambassadors showed great interest in stronger economic cooperation with Austria, including tourism projects and accessing Austrian know-how.