Power Affordability Concern Among African Consumers Despite Accessibility: IEA Updated On Fri, Apr 5th, 2024 by Saurenergy A recent study by the International Energy Agency (IEA) on electricity consumption patterns in African countries showed that affordability trumps accessibility when it comes to consuming electricity in households. The study was conducted with the help of satellite to create a bundle of data to analyse which buildings had proper access to power and which […] Read more
South Africa’s Solar Adoption Gathers Pace, But Challenges Remain Updated On Thu, Apr 4th, 2024 by Saurenergy South Africa has long been plagued by an energy crisis now. This has led to a situation where the nation faces rolling blackouts or load shedding as it has been called, for the past decade and more. It says something for the state of the power sector that a challenge that was predicted well over […] Read more
News In Brief- Trina Solar in South Africa, Virat Kohli For Amaze And More Updated On Wed, Apr 3rd, 2024 by Saurenergy Amaze, the energy solutions brand, launched its new brand campaign Hamesha #ReadyToPerform, and showcased its widest range of inverters, batteries, and solar products in Lucknow, today. Virat Kohli headlines the brand promotions. Trina Solar Powers Groundbreaking Mooi Plaats 283MWdc Photovoltaic power plant in South Africa. Trina Solar announced its partnership with China Energy International Group and China Gezhouba Group to power […] Read more
Trina Solar, SOLA, & WBHO To Power South African Mining Operation With 135MW Project Updated On Thu, Mar 14th, 2024 by Saurenergy Smart PV and energy storage solutions company Trina Solar, has partnered with SOLA, a South African leader in renewable energy with a focus on utility-scale projects and WBHO Construction to embark on a transformative solar project. The Merak 1 project signifies a major milestone in sustainable energy solutions for South Africa, according to a media […] Read more
World Bank Allocates $300 Mn For RE Projects in Eastern & Southern Africa Updated On Fri, Feb 16th, 2024 by Saurenergy The World Bank has extended a facility of close to $300 million to the Eastern and Southern African Trade and Development Bank (TDB), to support distributed renewable energy (DRE) and clean cooking private sector projects in eligible countries of the World Bank’s International Development Association (IDA) that are TDB member states. This new facility follows […] Read more
Renewable Investments In Africa Need To Grow 5 Times: Report Updated On Tue, Feb 13th, 2024 by Saurenergy A new report by think tank Climate Analytics finds $8 trillion of investment is needed for new renewables and $4 trillion for grid and storage infrastructure to deliver the 2030 tripling goal agreed at COP28 – or combined, $2 trillion a year on average. Using climate finance to mobilise $100 billion a year for the […] Read more
IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
Saudi’s ACWA Power in PPA with South Africa for Dispatchable RE Project of 150 MW Updated On Wed, Dec 20th, 2023 by Saurenergy Saudi-based clean energy firm ACWA Power, has entered into a Power Purchase Agreement (PPA) for a project known as, ‘ACWA Power Project DAO’ to be established in South Africa. The initiative is for a dispatchable renewable hybrid plant of 150 MW capacity. The signatories of the agreements included Gwede Mantashe, Minister of Mineral Resources and […] Read more
South Africa Announces Tender for 5 GW Renewable Capacity under BW7 Updated On Tue, Dec 19th, 2023 by Saurenergy The Department of Mineral Resources and Energy (DMRE) of South Africa has released a tender under the seventh bid window (BW7) under its Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The tender seeks bids for the development of 5 GW of renewable capacity, entailing 3.2 GW of wind and 1.8 GW of solar capacity. […] Read more
