Green Energy Archives - AfricaBusiness.com

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. ...

22Jan

By Africa BusinessNo Comments

Energy, Gabon News

Owendo Mineral Port (OMP) and British International Investment (BII) accelerate port’s energy efficiency, reduce carbon emissions with new solar energy system

Owendo Mineral Port (OMP), part of the pan-African group Arise Ports & Logistics, and British International Investment (BII), UK’s development finance institution and impact investor, announced a significant commitment to sustainable development with an investment of 2.6 million USD. The funds will be dedicated to the implementation of a 1.56 MWp solar system and a 1 MW battery energy storage system. This project, aligned with BII's vision of achieving a net zero emissions portfolio by 2050, represents a concrete step towards solving the climate challenge. The anticipated environmental benefits are major, with an estimated reduction of more than 1,700 tons of CO2 per year, while optimizing port operating costs. This solar energy investment is part of OMP's wider sustainability strateg...

12Oct

By Africa BusinessNo Comments

Energy, Main

Harnessing Africa’s Potential: advancing ESG strategies for a sustainable future

The opportunities for building a sustainable future for Africa are at least as great as the challenges, writes Christian Toben, Head of Financial Institutions for Emerging Markets at Commerzbank. Here, he discusses some of the positive initiatives that are helping to drive forward the continent’s ESG agenda and the crucial role of financial institutions in supporting Africa’s potential to step onto the global stage as a green energy hub. According to a survey by the African Private Equity and Venture Capital Association, some 97% of respondents believe that environmental, social and governance (ESG) principles are a key consideration when making decisions on investments. ESG, it seems, is now as important in developing Africa as it is in mature markets such as Europe and North America. ...

12Dec

By Africa BusinessNo Comments

Energy, Sierra Leone, Uganda News

WINCH ENERGY OPENS CROWDFUNDING FOR OFF-GRID RENEWABLES

Leading off-grid renewable energy provider, Winch Energy, has opened its crowdfunding campaign to fund solar off grid developments that will connect more people in Sierra Leone and Uganda to clean and reliable power. This campaign enables individuals to invest in Africa’s growing clean energy market via Crowdcube from as little as £10. Winch Energy’s work strives to help the UN meet its Sustainable Development Goals (SDG), specifically SDG 7, which ensures universal access to affordable, reliable and modern energy services by 2030. With less than a decade left, Winch Energy is targeting countries in sub-Sahara Africa, which has the largest proportion of people without access to energy, to make the biggest impact. Moving green energy forward in developing countries The COP26 summit in O...

3Dec

By Africa BusinessNo Comments

Energy, Green Energy, Kenya News

A Just Transition to Climate Resilience Could Transform Kenya into a Green Powerhouse

The Continent Is Highly Vulnerable to Climate Change, However, and Needs Significant Global Investment to Adapt to Higher Temperatures, Build Low-Carbon Economies, and Create Local Green Employment African countries face major climate-related challenges, but at the same time they have the opportunity to achieve sustainable low-carbon economies, according to a new report by Boston Consulting Group (BCG). The report, titled “Building a Climate-Resilient, Low-Carbon, Job-Rich Africa,” identifies particular disadvantages that countries on the continent must overcome but also their potential to become a model for transforming a power system based on fossil fuels to one based on renewables. Although Africa was responsible for only 4% of global CO2 emissions in 2019, it accounts for 35 of the 5...

Zimbabwe’s Largest Tea Producer Implements Microgrid from DHYBRID and Blockpower

1Oct

By Africa BusinessNo Comments

Energy, Green Energy, Zimbabwe News

Zimbabwe’s Largest Tea Producer Implements Microgrid from DHYBRID and Blockpower

Project to be showcased at EM-Power in Munich, Germany, October 6-8, 2021 Tanganda Tea Company Limited, Zimbabwe's largest tea producer and one of the largest on the African continent, uses its own microgrids at Tingamira and Jersey sites for secure and environmentally friendly energy supply since July 2021. The system consists of a megawatt-class solar plant, a lithium-ion energy storage system, and three diesel generators. It was implemented by DHYBRID and its partner, South African renewable energy specialists Blockpower. In addition to tea and coffee, avocados, and macadamia nuts are grown on site. "Sustainable production across the value chain is becoming increasingly important for companies like Tanganda. This includes a climate-friendly and reliable energy supply. Solar hybr...

25May

By NJ AyukNo Comments

Energy, Green Energy, South Africa News

Net Zero? Not for Africa. Not Yet. Africa Must Fight Energy Poverty with Oil and Gas Development

By NJ Ayuk, Executive Chairman, African Energy Chamber On May 18, 2021, the International Energy Agency (IEA) released “Net Zero by 2050: A Roadmap for the Global Energy Sector,” which outlines plans for the global energy sector to reach “net zero” greenhouse gas emissions by 2050. Achieving net zero emissions means the amount of greenhouse gases being emitted into the atmosphere would equal the amount being removed. Achieving this balance, the IEA maintains, would require more than aggressive carbon-capture measures: It would call for a swift and immediate shift from petroleum energy sources to energy provided through naturally replenished sources like wind, water, and solar power. From an environmental standpoint, this is a great concept. But we live in reality. And today, in real-world...

How Egypt banks on renewables to meet expected surge of energy demand

15Jul

By Toufik KhitousNo Comments

Egypt News, Energy, Green Energy

How Egypt banks on renewables to meet expected surge of energy demand

To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic? Egypt’s population has now passed 100 million. As one of the most populous and fastest-growing nations on the African continent, providing electricity to all its citizens is a matter of priority for the Egyptian government. To ensure continuous security and stability of energy supply, Egypt has launched an energy diversification strategy, known as the 2035 Integrated Sustainable Energy Strategy (ISES), which aims to step up the development of renewable energy and energy efficiency in the country. Egypt aims to produce 20% of its electricity using renewable sources by 2022 and 42% by 2035. For ...

Loadshedding: why mini grids are the answer and why South Africa doesn’t have them (yet)

2Apr

By Annemarie RoodbolNo Comments

Energy, Green Energy, South Africa News

Loadshedding: why mini grids are the answer and why South Africa doesn’t have them (yet)

“Whole communities and towns can become 100% energy independent” “Mini grids could very quickly sort out a lot of the biggest challenges that South Africa is having with its energy supply at the moment” says Dr Sam Duby, Africa Director for TFE Energy and mini grid expert. He adds: “deregulation would open a market for people to produce power and sell power and that would revolutionise the energy landscape in South Africa. Technically it wouldn’t be a difficult or complex thing to do; there are plenty of precedents around the world where it has worked really well.” Mini grids have become increasingly important on the continent and are being built at a rapid rate with more than 2000 mini grids currently across Africa. Says Dr Duby: “it’s a combination of people waking up to the fact that it...

4Jul

By AfricaBusiness.comNo Comments

Energy, Green Energy, South Africa News

Energy Trends in Africa: Will Africa be the Global Green Energy Leader?

CAPE TOWN, South Africa, July 4, 2012 /PRNewswire/ -- With the latest supply of power grids, power generation efficiency and movement toward energy-efficient buildings, Africa is at the brink of a green energy revolution – or is it really? The Frost & Sullivan Energy and Power Systems business unit will be hosting a complimentary web conference that will be contextualising the direction and scale of energy investment in Africa. The web conference will take place on 10 July 2012, at 15:00 CAT (14:00 BST). Various countries have introduced feed-in tariffs and, in addition, the need for supplementary power in remote locations is on the increase. At the same time, the costs of RE technologies have been decreasing, becoming ever more competitive. Many companies are bracing themselves for gr...