Tag Archives: renewable energy projects

Africa Trade Insurance (ATI) and Government of Ghana sign RLSF MOU to promote access to reliable, clean, and affordable electricity in the country

Ghana becomes the ninth ATI Member State to sign the RLSF MoU Ghana’s onboarding of RLSF will lead to significant progress in de-risking renewable energy projects, which should spur additional investments from project developers and lenders owing to the improved risk profile of the projects. RLSF is a joint initiative of ATI, the KfW Development […]

Winch Energy Launches Crowdfunding For Off-Grid Renewables

New clean energy opportunities in developing countries for UK and international investors Off-grid utilities provider, Winch Energy, is seeking to secure up to £1.5 million through a crowdfunding campaign for projects to accelerate the installation of renewable energy technology in Sierra Leone and Uganda. The Crowdcube campaign is part of an overall fundraising plan over […]

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 […]

South Africa needs over 28 GW of flexibility to reach 100% renewables at lowest cost

Wärtsilä launches agile balancing technology – capable of ramping up to 10+ MW in two minutes – to bridge South Africa to renewable energy future The technology group Wärtsilä has highlighted a striking need to scale up flexibility in South Africa, in the form of energy storage and flexible gas technology, to enable a 100% renewable energy future. 28 […]

Mozambique holds the key to Southern Africa’s clean energy transition

By Fhedzi Modau, Mozambique Country Manager, Wartsila Energy Business With its massive gas reserves and billions of dollars of investment flowing in to monetize them, Mozambique has a unique opportunity to deploy a flexible power strategy that will bring major benefits across both its domestic and regional electricity markets. Countries across Southern Africa have established […]

Without flexibility, Nigeria will face difficulties integrating large amounts of renewable energy into the grid

Op-ed by Wale Yusuff, Managing Director of  Wartsila Marine & Power Service Nig Ltd As the largest economy in Africa, with huge gas reserves and high solar energy potential, Nigeria has all the natural resources necessary to meet the growing demand for electricity. However, the inadequate energy infrastructure still leaves a significant part of the population without […]

Janus Continental Group (JCG) Invests $13 Million in Highview Power as part of African renewable energy storage drive

JCG’s investment arm Janus Capital takes stake in Highview Enterprise Limited. The deal will bring Highview Power’s cutting edge CRYOBattery™ energy storage technology to JCG’s core markets in sub-Saharan Africa. The investment will unleash the potential of renewable energy storage across Africa, supporting JCG’s wider growth and business goals in this sector.  Janus Continental Group (JCG), […]