Oxford University Study Predicts 10% Renewable Share in Africa By 2030 Updated On Tue, Jan 19th, 2021 by Saurenergy Africa, which has for some time now carried the tag of ‘promising‘ for non hydro renewable energy, might yet be the continent with the lowest share of non hydro renewable energy by 2030. Even as some countries within the continent will break away from the rest to have a much more robust contribution from solar […] Read more
IRENA, African Union to Advance Renewable Energy in Response to COVID-19 Updated On Mon, Apr 20th, 2020 by Saurenergy The African Union and the IRENA have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have announced that they have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. […] Read more
IFC Invests $200 Mn in Africa’s Largest Green Bond Updated On Thu, Mar 5th, 2020 by Saurenergy IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […] Read more
Africa and Middle East Added 894 MW of Wind Energy in 2019 Updated On Fri, Feb 14th, 2020 by Saurenergy The latest data by GWEC shows Africa and the Middle East installed 894 MW capacity of wind power in 2019, a decrease of 7% on the previous year (962 MW) The latest data released by the Global Wind Energy Council (GWEC) shows Africa and the Middle East installed 894 MW capacity of wind power in […] Read more
Sub-Saharan African Nations saw Record Jump in Renewables Investments in 2018: BNEF Updated On Mon, Feb 10th, 2020 by Saurenergy The year 2018 saw USD 2.8 billion spent on RE projects in sub-Saharan Africa – a regional record and some USD 600 million more than the previous year The year 2018 saw USD 2.8 billion spent on renewable (RE) projects in sub-Saharan Africa (excluding South Africa) – a regional record and some USD 600 million […] Read more
2020 Could Be Africa’s Arrival As A Solar Market With Size Updated On Mon, Dec 30th, 2019 by Saurenergy After a long wait, 2020 could well mark a decisive shift in the energy availability graph for countries in Africa, as multiple approaches and tactics finally make a case for a stronger push. For long, Africa has suffered from the world’s lowest electrification rate. Figures from 2017 state that Its power consumption per capita is […] Read more
Funding Options for African Countries hit by Climate Change: ACCF Updated On Thu, Dec 26th, 2019 by Saurenergy The debate around climate change often focuses on the targets that need to be achieved. Another aspect of the discussion is increasingly gaining attention; that is the funding required, for African countries in particular, where climate change has hit the hardest. The Africa Climate Change Fund (ACCF) recently convened an event titled “Supporting African countries […] Read more
Africa at the Centre of Global Energy Transition Until 2040: IEA Updated On Fri, Nov 8th, 2019 by Saurenergy Africa is set to play a key role in shaping the global energy transition as it undergoes the largest process of urbanisation the world has ever seen. Africa is set to become increasingly influential in shaping global energy trends over the next two decades as it undergoes the largest process of urbanisation the world has […] Read more
Southern Power Acquires 136 MW Wind Facility From RES Updated On Tue, Oct 29th, 2019 by Saurenergy Southern Power has acquired the 136 MW Skookumchuck Wind Facility from RES Southern Power, a leading US wholesale energy provider and a subsidiary of Southern Company, has announced the acquisition of its 12th wind project, the 136-megawatt (MW) Skookumchuck Wind Facility from RES (Renewable Energy Systems). “This project is a great addition to our renewable […] Read more
