Energy Industry Archives - AfricaBusiness.com

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...

17Oct

By Africa BusinessNo Comments

Energy

Energy transition-a new path to power in Africa

Africa currently sits on the cusp of a transition into a new energy paradigm, one in which technological and commercial innovations are delivering increasingly decentralised power to the people of the continent in new ways. A recent White Paper released by global management consultancy company Kearney outlines the overarching strategic considerations for African utilities to forge a path to sustainability amidst the backdrop of this global paradigm shift. Entitled A New Energy Path to Viability for African Utilities, the paper unpacks the broader macroeconomic trends that are shaping the transition. Kearney partner Igor Hulak explains the dual mandate shouldered by energy utilities in Africa, who play an integral role on the continent. “Availability of power is essential for eco...

6Aug

By NJ AyukNo Comments

Energy, Namibia News

No need to Lament about the Oil Discovery in Namibia’s Kavango Basin. What About the Huge Benefits It Represents for Namibians? (By NJ Ayuk)

Six months ago, Canadian oil and gas company Reconnaissance Energy Africa Ltd. (“ReconAfrica”) began exploratory drilling in the deep Kavango Basin of northeast Namibia and into northwest Botswana. The company holds a total licensed area of 8.5 million acres in the area, and it hoped to find massive reserves of conventional oil in this thick Permian sequence. In April, ReconAfrica released exciting preliminary data from its exploratory wells that confirmed an active petroleum system. According to Petro Online, “Analysts estimate the company could generate 120 billion barrels of petroleum on just 12% of this footprint, potentially outperforming the oil-rich Permian Basin in Texas if exploration continues.” The giant onshore reserves of conventional oil and gas means that normal production...

25Jul

By Africa BusinessNo Comments

Energy, Events, South Africa News, Zimbabwe News

A Burgeoning Energy Sector: African Energy Week in Cape Town Committed to Promoting Investment in Zimbabwe

During a working visit to Zimbabwe, African Energy Chamber Executive Chairman NJ Ayuk met with H.E. President Emmerson Dambudzo Mnangagwa to discuss extensive investment opportunities across the country’s renewable, natural gas and mining sectors. Committed to driving attendance at the upcoming African Energy Week (AEW) 2021 interactive conference and exhibition taking place in Cape Town (November 9-11) – as well as promoting pan-African investment opportunities – NJ Ayuk, Executive Chairman of the African Energy Chamber, conducted a working visit to Zimbabwe to open a dialogue on the country’s promising energy sector. Meeting with H.E. Emmerson Dumbudzo Mnangagwa, President of Zimbabwe, and presenting his recently published book, ‘Billions at Play: The Future of African Energy and Doin...

15Jul

By Africa BusinessNo Comments

African News, Energy, Events, Ghana News

Ghana Emphasizes the Value of an Enabling Environment and the Role of Natural Gas at African Energy Week 2021 Pavilion

Hosted at African Energy Week 2021, the Ghana pavilion will drive a discussion on the value of Liquified Natural Gas as a power generation solution. The African Energy Chamber (AEC) is proud to announce that Ghana will be hosting a pavilion at African Energy Week (AEW) 2021 taking place in Cape Town on the 9th-12th of November 2021. Led by Hon. Dr. Matthew Opoku Prempeh, Ghana’s Minister of Energy, as well as a delegation of industry leaders including Dr. K. K. Sarpong, CEO of the Ghana National Petroleum Corporation, the pavilion represents a new exhibition format that emphasizes specific market opportunities and will showcase Ghana’s existing energy developments, upcoming projects, and lucrative investment opportunities. Specifically, Ghana’s pavilion will highlight the value of Liquifi...

31Mar

By CSEA AFRICA - CENTRE FOR THE STUDY OF THE ECONOMIES OF AFRICANo Comments

Energy

Improving energy efficiency and interconnectivity in Africa through regional economic integration

Adedeji Adeniran Chukwuka Onyekwena Sone Osakwe CSEA AFRICA - CENTRE FOR THE STUDY OF THE ECONOMIES OF AFRICA March 2021 Affordable and efficient energy supply is essential for enhanced welfare and better development outcomes. However, African states suffer from huge deficits in energy generation and distribution, resulting in unreliable power networks, frequent power outages and expensive tariffs. In a bid to improve efficiencies through interconnectivity and reduce energy development challenges at the national level, sub-regional power pooling initiatives have become increasingly popular in Africa. The idea behind creating power pools is to encourage cooperation among countries, through linking excess capacity in one country where power is produced more economically, with excess dem...

10Nov

By Africa BusinessNo Comments

Energy, Green Energy

Canadian Solar Supplies Modules for Turkey’s Largest Commercial PV Project: 540 kW Solar Power Plant at Izmir Airport Installed by Gehrlicher Merk Solar

First PV project under the new Turkish 500 kW law ONTARIO, Canada, Nov., 2012 /PRNewswire-FirstCall/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar companies, provided its CS6P-P solar modules for the first project under the new Turkish solar energy legislation, YEK (Law on the utilization of renewable energy resources for the purpose of generating electricity), for solar power plants under 500 kW. The solar park has a capacity of 540 kW (450 kW on-grid and 90 kW off-grid), which marks a new milestone of solar power production in Turkey, making it the largest solar power plant in the country. This is the second project that Canadian Solar has realized in collaboration with the EPC contractor Gehrlicher ...

9Jul

By AfricaBusiness.comNo Comments

Energy, Green Energy

SunEdison Closes 98 MW of Solar Projects in Europe

SunEdison demonstrates its ability to deploy high value solar assets in Europe and to structure complex transactions attracting world class financing partners BELMONT, Calif., July 9, 2012 /PRNewswire/ -- SunEdison, a leading worldwide solar energy services provider and a subsidiary of MEMC Electronic Materials (NYSE: WFR), today provided additional details on the solar project closings announced last week. The company closed three transactions involving approximately 98 megawatts (MWp) of photovoltaic (PV) power plants in Europe during the second quarter. The transactions include the sale of a 60MWp power plant in Bulgaria to a consortium of investors consisting of an affiliate of First Reserve Energy Infrastructure Fund, Crescent Capital and ACWA Power; a 13 MWp portfolio of projects in...