Energy Archives - AfricaBusiness.com

12Nov

By Africa BusinessNo Comments

Energy, Kenya News

d.light Co-Founder and CEO Nedjip Tozun Recognized on 2024 TIME100 Climate List for Pioneering Clean Energy Access Impact

Nedjip Tozun, Co-Founder and CEO of d.light, has been honored with a spot on the prestigious *TIME100 Climate* list for 2024. This annual list highlights the world's most influential leaders driving meaningful climate action and pioneering sustainable solutions across industries. Tozun’s inclusion recognizes his transformative work in expanding access to clean energy for underserved communities in Africa and Asia. Since co-founding d.light in 2007 at Stanford University, Tozun has dedicated himself to providing affordable, off-grid clean energy solutions that empower lives and protect the planet. Under his leadership, d.light has positively impacted over 180 million people by delivering solar-powered products—ranging from home systems and lanterns to appliances—that have improved energy...

15Oct

By Africa BusinessNo Comments

Energy, Nigeria News

PAM Africa Hosted Inaugural PAMDAY Event Showcasing Innovations in Renewable Energy

Lagos event highlighted groundbreaking solutions aimed at addressing Africa’s energy challenges In a significant step towards addressing the continent's energy needs, PAM Africa successfully hosted its inaugural PAMDAY event at the PAM Centre in Lagos yesterday. This highly anticipated gathering brought together top professionals and stakeholders in the renewable energy sector to showcase PAM Africa’s latest innovations. The PAMDAY event featured a diverse array of activities aimed at highlighting the company's flagship innovations, including PAM Solar, So-Cool, Net Zero Village (NZV), PAM-Ai, and Solar Battery Hub. Each innovation is designed to tackle specific energy challenges faced across Africa, from enhancing access to cooling to optimising energy consumption through AI technology....

15Oct

By Africa BusinessNo Comments

Energy, Interview, Kenya News, Main

Kenya’s Renewable Energy Development Prospects

Exclusive Interview with Dr. Ajay Mathur, Director General of the International Solar Alliance (ISA), which is one of its one-of-a-kind multilateral organizations established to catalyze global solar growth. Dr. Ajay Mathur reveals the specifics of renewable energy development in Kenya, explains possible prospects, and talks about investment decisions in this area. What investment strategies can Kenya adopt to achieve its ambitious energy goals? Achieving Kenya’s nationally determined contribution (NDC) target of reducing greenhouse gas emissions by 30% by 2030 relative to business-as-usual levels will require a concerted effort to put its energy sector on a low-carbon trajectory, particularly in light of the country’s economic development goal of attaining middle-income status i...

15Oct

By Africa BusinessNo Comments

Energy, Mozambique News

Innovating Mozambique’s Energy System Through Technical Capacity Enablement

According to a recent McKinsey report, global energy demand is projected to rise substantially, potentially increasing by up to 18% by 2050, largely driven by emerging economies, including Africa. Despite this growth, per capita energy consumption in these regions is expected to stay below that of developed markets due to ongoing energy efficiency initiatives. Additionally, technological advancements, including AI and the expansion of data centres, are anticipated to play a major role in fuelling the global increase in energy demand. Mozambique has the largest power generation potential of all Southern African countries, with the capacity to generate 187 GW of power from coal, hydro, gas, solar, wind, and other renewable sources, according to Deloitte’s Africa Energy Outlook Report 2024. ...

15Oct

By Africa BusinessNo Comments

Energy

URGENT ACTION NEEDED TO MITIGATE ENERGY BLACKOUT THREAT TO FOOD SUPPLY CHAIN RESILIENCE IN AFRICA

The Global Cold Chain Alliance (GCCA) is calling for urgent policy action to allow temperature-controlled logistics operators in Africa to boost food supply chain resilience in preparation for future energy blackouts and load-shedding. The call comes as GCCA Africa publishes a new report which shows the adverse effects of blackouts and load-shedding on the temperature-controlled storage and transportation operations which are critical to food and pharmaceutical supply chains. The report, ‘Strengthening Cold Chain Resilience Amid Rolling Energy Blackouts aka Load-shedding’, was commissioned by the Advisory Committee of the Global Cold Chain Alliance Africa, and conducted by Tutwa Consulting Group. The report shows that the resilience of the cold chain is threatened by energy challenges su...

15Oct

By Africa BusinessNo Comments

Energy

Africa’s renewable resources can transform domestic and global energy supply, says investment bank

The continent represents a largely untapped white space, restricted by energy poverty and a lack of infrastructure The International Energy Agency (IEA) estimates $110 billion will be invested in energy across Africa in 2024, as global players leverage the continent’s potential for solar, wind and natural gas production. Continued growth is dependent on significant investment, targeted at improving African energy infrastructure and human skill sets to support the global energy transition from fossil fuels to renewables. According to Risana Zitha, Managing Director and Head of Africa at investment bank DAI Magister, emerging technologies, falling costs and digitalisation are paving the way to a profitable renewable business case across Africa. However, to successfully leverage this pote...

27Sep

By Africa BusinessNo Comments

Energy

Elemental Energy signs Africa-focused distribution deal with Hexagon Purus

Elemental Energy has been selected by Hexagon Purus, a world leading manufacturer of zero-emission mobility and hydrogen infrastructure solutions, to distribute its products in Southern and East Africa. The distribution agreement brings leading Type 4 cylinders, multi-element gas containers and hydrogen distribution systems to these markets at a time when the number of green hydrogen projects announced in the region continues to grow. Hexagon Purus’ products will be made available for projects in major markets including South Africa, Namibia and Kenya, amongst others. Michael Patterson, CEO of Elemental Energy, is taking a long view on green hydrogen in the region, “We see huge potential in Africa, not just for production of green hydrogen for export but also for local use cases. ...

19Sep

By Africa BusinessNo Comments

Energy, Mozambique News

Delivering Mozambique’s Sustainable Energy Future

Maputo, Mozambique - Mozambique is emerging as a key player in the global energy landscape, with a rich reserve of natural resources, including natural gas and renewables. As the world shifts towards cleaner and more sustainable energy, Mozambique is positioning itself at the centre of this transformation, ensuring its energy projects are both ready and fully implemented to meet the growing demands of domestic, regional and the global market. At COP28 in Dubai, H.E. President Filipe Nyusi said, “Mozambique’s $80 billion energy transition strategy will leverage the country’s vast renewable resources to position the country as a sustainable investment destination and deliver energy to its people.” President Nyusi went on to share that while transitioning to a decarbonised future, Mozambiqu...

19Aug

By Africa BusinessNo Comments

Energy, Madagascar News

Wärtsilä signs Decarbonisation Agreement for Madagascan power plant

Technology group Wärtsilä’s renewal of its existing Operations and Maintenance (O&M) agreement with QIT Madagascar Minerals S.A (QMM), part of the Rio Tinto group, has been expanded to include a Decarbonisation Agreement. The Agreement is a groundbreaking offering in the energy sector, and allows for optimising all of the assets in the microgrid, including renewable energy usage, thereby not only reducing emissions but also producing notable cost savings. The continued O&M agreement covers QMM’s 24 MW engine power plant located at the company’s ilmenite mineral sands mine at Fort Dauphin in south-eastern Madagascar. The order was booked by Wärtsilä in June 2024. The key elements of the agreement include optimised dispatch of the plant’s six Wärtsilä 32 engines and QMM’s battery ...

30Jul

By Africa BusinessNo Comments

Energy

Global African Hydrogen Summit Channelling Capital Towards Critical Sectors For Sustainable Development

With more than 600 million people across Africa lacking access to electricity, the International Energy Agency (IEA) estimates that Africa will need to double its electricity generation capacity by 2040 to meet growing demand. The African continent has been identified as a prime source for renewable energy exports to regions seeking to reduce reliance on fossil fuels and meet net-zero targets. Most development banks, bilateral aid, export credit agencies, and development finance institutions have a clear mandate to facilitate the energy transition. Many of these institutions offer preferable terms to projects that help achieve net-zero targets. Additionally, numerous climate investment funds and venture capital funds are dedicated to green energy investments, including throughout the deve...