South Africa’s Eskom Plans $7.2 B Investment in Wind & Solar Updated On Tue, Aug 31st, 2021 by Saurenergy South African electricity public utility Eskom Holdings SOC Ltd. is planning to invest 106 billion rand, or $7.2 billion, in wind and solar power by the end of the decade. Eskom, which accounts for two-fifths of the nation’s greenhouse gas output, may execute its plan either independently or through a partnership. A few months ago, South […] Read more
Record 102 Bidders for 2.6 GW South Africa RE Tender Updated On Fri, Aug 27th, 2021 by Saurenergy The Department of Mineral Resources and Energy (DMRE) of South Africa has received bids from 102 potential project developers, including 63 solar projects, in response to its fifth renewable energy tender. Launched in March this year, this tender was aimed at procuring 2.6 GW of clean energy projects, including 1 GW of solar PV and […] Read more
Report Highlights Risks From Inaccurate Irradiation Data To Solar Projects In Africa Updated On Tue, Aug 10th, 2021 by Saurenergy A recent report developed by a solar electricity provider to African enterprises, CrossBoundary Energy (CBE), says that Data irregularities in estimating solar production can have significant impacts on both technical teams and solar buyers. Solar production/ solar irradiation is the measurement of how much sunlight shines in each location and therefore how much electricity a […] Read more
Measuring Solar Irradiation in Africa: A case for change Updated On Mon, Aug 9th, 2021 by Saurenergy This report sheds light on how solar production estimates are made, the specific challenges faced in estimating solar irradiation in Africa today, and the negative consequences CBE has seen as a result of inaccurate estimates. By highlighting this issue, we aim to begin a broader conversation about how to raise the C&I industry standard for […] Read more
Programme Specialist Africa Updated On Fri, Jul 16th, 2021 by Saurenergy The Programme Specialist will report to the Chief of Unit, Programme and Projects Implementation, and be responsible for the identification of strategic programme and project implementation opportunities for ISA in this sector. She/he will support partnership building, the preparation of funding proposals, and organize and participate in meetings and workshops, and provide support to the […] Read more
AfDB Grants $6 M to Initiate ‘Desert to Power’ Program in Africa Updated On Thu, Jul 15th, 2021 by Saurenergy ‘Desert to Power West Africa Regional Energy Program’, an initiative led by the African Development Bank Group (AfDB), will be injected with a $6 million grant to launch its initial phase, as per the bank’s board of directors’ recent approval. Desert to Power, an initiative led by the Bank, is expected to transform the Sahel by […] Read more
BlackRock raises $250 M for Climate Projects in Asia, Latin America, Africa Updated On Mon, Jul 12th, 2021 by Saurenergy New York-based investment management company BlackRock has secured over $250 million from global investors and governments for the Climate Finance Partnership (CFP), which was introduced at the One Planet Summit in September 2018 under the leadership of French President Emmanuel Macron. CFP is a flagship blended finance vehicle that is designed to invest in climate solutions and […] Read more
IFC and Rockefeller Foundation to Co-finance RE Development in Africa Updated On Thu, Jun 17th, 2021 by Saurenergy The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […] Read more
Norway’s Scatec Wins 540 MW Solar, 1140 MWh Battery Bids In South Africa Updated On Thu, Jun 3rd, 2021 by Saurenergy Norway based renewable energy developer Scatec has won preferred bidder status for 540 MW of solar projects alongside 225MW / 1,140MWh of battery storage in South Africa. For Scatec, the bid aligns well with its target of 15 GW of renewable energy with a strong mix of storage by 2025. The tender was run by […] Read more
