Sunday, November 24African Digital Business Magazine

Tag: renewable energies

Solar Power vs. Environmental Challenges: Addressing Concerns and Maximizing Benefits
12Jan By Africa BusinessNo Comments
Energy

Solar Power vs. Environmental Challenges: Addressing Concerns and Maximizing Benefits

By Jean Armstrong Solar power is one of the most promising renewable energy sources in the world. It can provide clean, abundant, and affordable energy for millions of people. However, like any other form of energy, solar power also has some environmental impacts that need to be considered and mitigated.  In this blog post, we will explore the positive and negative environmental impacts of this popular industrial energy solution and how we can balance the trade-offs of solar to maximize its benefits for the planet and humanity. What are the Benefits of Solar Power? Solar power has many environmental benefits compared to conventional energy sources, such as fossil fuels and nuclear power. Some of the main benefits of solar power are: Reduced greenhouse gas emissions Solar power do...
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27Jun By Africa BusinessNo Comments
Energy

Africa: With increased power must come increased storage capacity

By Kieran Whyte, Partner, Head of the Energy. Mining & Infrastructure Industry Group, Baker McKenzie Johannesburg The increased generation of renewable power requires increased energy storage capacity. According to Baker McKenzie's Report - Battery Storage: A Global Enabler of the Energy Transition, lithium-ion batteries take up the majority of new energy storage capacity, both installed and under construction, with older battery technologies being replaced or retained only for smaller projects. However, with costs declining, private investors are entering the market and bringing new business models to commercialize the technologies. Governments of countries with a high share of renewable energy, or looking to facilitate development of the same, have seen the need to support energy st...
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Light Up and Power Africa – The Neutrino Powercube Solution
4Jan By Africa BusinessNo Comments
Energy

Light Up and Power Africa – The Neutrino Powercube Solution

Over 640 million Africans do not have access to power, making Africa the continent with the lowest electricity access rate in the world. In sub-Saharan Africa (excluding South Africa), the per capita energy consumption is 180 kWh, compared to 13,000 kWh in the United States and 6,500 kWh in  Europe. Energy access is critical for a variety of reasons, including the improvement of health and educational outcomes, the reduction of company costs, the realization of economic potential, and the generation of new employment opportunities. As a result of the lack of access to reliable energy sources, hundreds of thousands of people die every year from accidents involving wood-burning stoves, medical facilities, and emergency services are unable to function properly, educational outcomes are dimini...
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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...
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