Energy Archives - Page 2 of 22 - AfricaBusiness.com

d.light closes new USD$176 million securitization facility for affordable off-grid solar in Kenya, Tanzania and Uganda

17Jul

By Africa BusinessNo Comments

Energy, Kenya News, Tanzania News, Uganda News

d.light closes new USD$176 million securitization facility for affordable off-grid solar in Kenya, Tanzania and Uganda

Off-grid solar provider d.light and impact investor African Frontier Capital partner on new financing to support consumer loans for solar and high efficiency appliances in East Africa d.light, the global provider of transformational household products and affordable finance for low-income households, today announced the closing of a new securitization facility that will purchase USD$176 million of receivables in Kenya, Tanzania and Uganda. The new financing is being provided by social impact-focused asset management company African Frontier Capital. d.light will use the facility to scale up its PayGo consumer finance offering to make solar-powered products available to more low-income households and communities without access to electricity. The facility is multi-currency and will enabl...

16Jul

By Africa BusinessNo Comments

Energy, South Africa News

FORTIS X has launched Africa’s first biodegradable and recyclable plant-based packaging

An estimated 122 million tons of waste is produced annually in South Africa, however only 10% of it is recycled, with the other 90% discarded in landfills; and a mere 12,9% of all metropolitan households in South Africa claim to recycle their waste. This is the bleak reality we face this Plastic Free July®, a month where millions of people worldwide are inspired by this year’s theme to take “small steps and make a big difference’”, as part of the global solution to halt the use of single-use plastic. The combination of Africa’s growing population and rapid urbanisation is attributed to the rise of single-use plastic and sadly, the plastic tap isn’t close to running dry. Not only is plastic litter blamed for killing more than 100,000 sea mammals and turtles and 1 million birds annually...

FROM RUSSIA TO KENYA AND SOUTH AFRICA: GLOBAL ACTIVISTS UNITE FOR A SUSTAINABLE, NUCLEAR-FREE FUTURE

12Jul

By Africa BusinessNo Comments

Energy, Kenya News

FROM RUSSIA TO KENYA AND SOUTH AFRICA: GLOBAL ACTIVISTS UNITE FOR A SUSTAINABLE, NUCLEAR-FREE FUTURE

In solidarity with the anti-nuclear power movement in Kenya where a proposed nuclear power station is set to be built within the next decade, eco-justice organisations from South Africa and Russia are on a visit to the Republic of Kenya to share insights and learnings, from their experiences of living with nuclear energy, in their respective countries and opposing nuclear as civil society. The Southern African Faith Communities’ Environment Institute (SAFCEI) and Earthlife Africa Johannesburg, both from South Africa – where the Minister of Energy and Electricity recently announced that the procurement of 2500MW of new nuclear power was “at an advanced stage” - and Ecodefense from Russia, and Right Livelihood Awards are meeting Kenyan civil society at the proposed site in Kilifi, to stand t...

Namibia’s Largest Oil and Gas Conference Returns in August

5Jul

By Africa BusinessNo Comments

Energy, Namibia News

Namibia’s Largest Oil and Gas Conference Returns in August

Building on the success of its first edition, and in response to calls for a follow-up conference, the Namibia Oil and Gas Conference has confirmed it will return to Windhoek from 20-22 August 2024. With over 800 delegates, key industry stakeholders and players together under one roof, the first Namibia Oil and Gas Conference in 2023 was a resounding success - fuelling knowledge and innovation. The conference laid the solid foundations of a strategic roadmap for guiding both the public and private sectors on how Namibia can best benefit from investments in the sector. The event is hosted by the Economic Association of Namibia (EAN), in partnership with the Namibia Investment Promotion and Development Board (NIPDB) and the Hanns Seidel Foundation (HSF), with the strategic partnership of...

Flexibility choices could be a fatal blind spot in Africa’s renewable energy transition

18Jun

By Africa BusinessNo Comments

Energy

Flexibility choices could be a fatal blind spot in Africa’s renewable energy transition

By Marc Thiriet, Director, Africa, Wärtsilä Energy It is no longer disputed that solar and wind power will be the foundation of Africa’s future energy systems. They are perfectly suited to the continent’s unique conditions and are already the most cost-competitive power option in almost all cases. This consensus spans academia, businesses, and policymakers who all recognize the potential of renewable energy to meet Africa's growing needs sustainably. They also readily acknowledge the intermittent nature of renewables, and the associated need for flexible power capacity within the electricity networks to ensure safe and steady supply. It’s a good start. But the real challenge revolves around determining which technologies are best suited to provide it and the actual extent of flexible ca...

World’s first large-scale 100% hydrogen-ready engine power plant launch by Wärtsilä

18Jun

By Africa BusinessNo Comments

Energy

World’s first large-scale 100% hydrogen-ready engine power plant launch by Wärtsilä

Technology group Wärtsilä has today launched the world’s first large-scale 100% hydrogen-ready engine power plant, to enable the net-zero power systems of tomorrow. The IEA World Energy Outlook 2023 shows that hydrogen is an essential component of our future power systems. According to the report, the pathway to reach net zero emissions by 2050 requires 17 Mt of hydrogen to be consumed in power generation in 2030, reaching 51 Mt by 2050. The deployment of renewables worldwide is set to double by the end of this decade, creating the right conditions for excess clean electricity to be used for production of hydrogen-based, carbon neutral fuels, and for enabling 100% renewable power systems. Scaling up renewables alone, however, is not enough to reach global net zero targets. Flexible pow...

3Jun

By Africa BusinessNo Comments

Business, Energy, Main

Resolving infrastructure and energy disputes in sub-Saharan Africa

By Mouhamed Kebe, Court Member of the ICC International Court of Arbitration. Managing Partner of Geni & Kebe Africa has the world’s lowest use per capita of modern energy. As its population and incomes grow, demand for modern energy continues to expand. Africa is a continent with huge reserves of oil and gas, with a large capacity for green energy, but more than 600 million people do not have access to electricity. The need for infrastructure buildings and projects are higher than in any other region in the world, and therefore the energy and infrastructure sectors are of paramount importance given their key role for economic and social growth. Another key factor for the continent is the global energy transition. According to the African Development Bank, the continent needs to alloc...

24May

By Africa BusinessNo Comments

Africa Travel, Energy

Virgin Atlantic’s Flight100 saved 95 tonnes of CO2 and demonstrated environmental benefits of Sustainable Aviation Fuel

Virgin Atlantic has shared headline results from Flight100, the first transatlantic flight on 100% Sustainable Aviation Fuel (SAF), proving not only that the SAF used for the flight is safe to use with existing infrastructure and delivers material reductions in CO2, but can also improve local air quality, contribute to a reduction on persistent contrail formation and reduce fuel use. Flight100, which flew from London Heathrow to New York JFK on 28 November 2023, was the world’s first commercial aircraft operating across the Atlantic on 100% SAF, on a Boeing 787, using Rolls-Royce Trent 1000 engines. The flight did not require any engine, airframe or fuel infrastructure changes and operated on safety standards equivalent to every other commercial flight. The flight followed more than a ye...

16May

By Africa BusinessNo Comments

Energy

5 Ways Airlines can Eliminate their Carbon Footprint

Nowadays, taking care of the environment is more important than ever. Airlines are among the major factors contributing to pollution. Thus, they must find the most reliable methods to limit ecological damage. In this article, we will cover five strategies that airlines can use to eliminate their carbon footprint completely. Let’s get in! Sustainable Aviation Fuel SAF is a great way to reduce airplane emissions. It comes from plants, waste oils, and algae, and it doesn't create as much pollution as regular jet fuel. Airlines can mix SAF with their usual fuel to reduce their carbon footprint. Route Optimization Planning the best routes for flights is crucial for using less fuel and reducing emissions. Airlines can use advanced technology to determine the perfect path by assessing w...

24Apr

By Africa BusinessNo Comments

Energy, Kenya News

Dynamics of Electric Mobility Transition in Kenya

By Ashay Abbhi, Manager, Climate Change, Intellecap George, a delivery executive, lives in a modest home on the outskirts of Nairobi. He unplugs the wire that charges his shiny new electric bike, presses a tiny switch bringing the quiet engine to life, and rides off to deliver happiness in the form of food. George is part of a large cohort of gig economy workers who swear by this innovation. They feel that while it has a relatively high upfront cost, various leasing and pay-as-you-go models make ownership easier. Moreover, the e-bike saves time otherwise wasted in queues at petrol stations since the ‘e-juice’ is now available at home, which means an increased take-home pay. A few also take pride in the fact that it is good for the environment. While there are multiple transitional challen...