Energy Archives - Gambeta News

WHY MOROCCO WANT TO CUT ENERGY DEPENDENCE FROM SPAIN

Posted on April 10, 2024 by Gambeta News

Morocco government is making plans to cut ties with Spain over its energy dependence. This move has seen the nation unveil ambitious plans regasification plants and pipelines. According to reports, the decision was made after Algeria close the Maghreb-Europe gas pipeline in October 2021, these has made Morocco to act swiftly aimed energy shortage in the near future. Morocco initially relied on Spain’s assistance way back in 2022 to help mitigate the crisis as the…

HOW ENERGY TRANSITION WOULD IMPOVERISH NAMIBIA

Posted on January 9, 2023 by Gambeta News

Namibia’s planned energy transition would impoverish the country while contributing virtually nothing to global emission reduction, says American science policy analyst Perry Green. Green says Namibia’s renewable energy ambitions would have no real impact on global carbon emissions. The government has committed to a 90% reduction in its carbon emissions by 2027, and to reaching net-zero emissions by 2050. Namibia is a signatory to both the Kyoto Accord and the Paris Agreement, which oblige participants…

EUROPEAN UNION TO SIGN MoU WITH MOROCCO TO ACCELERATE ENERGY TRANSITION

Posted on November 30, 2022 by Gambeta News

The European Union has reported plans to sign a memorandum of understanding (MoU) with Morocco on the supply of critical raw materials to accelerate the energy transition. A recent report on the Africa-EU Green Energy Initiative that is part of the Global Gateway Investment Package noted that the union has signed an MoU on critical raw materials with Namibia on the sidelines of COP 27 in Egypt. Other signings with Morocco, Uganda, South Africa, Rwanda, Senegal, Zambia,…

ESKOM SET TO IMPLEMENT ENERGY SECURITY PLAN IN SA

Posted on October 28, 2022 by Gambeta News

Eskom says it is focusing on implementing all projects to meet the required 53GW of new additional energy for the period up to 2032 which will ensure energy security. The power utility said the new additional capacity needed will come particularly from renewable energy sources and takes into account the current energy deficit of between 4 000 and 6 000MW. Eskom Transmission Managing Director, Segomoco Scheppers, described the next five years as “very critical” for…

HOW AFRICA’s OIL & GAS RESOURCES CAN HELP ACCELERATE ENERGY SECURITY

Posted on October 5, 2022October 5, 2022 by Gambeta News

Mineral Resources and Energy Minister, Gwede Mantashe, says Africa cannot be an import destination for refined products when the continent is endowed with crude oil. The Minister said while major oil companies are withdrawing from Africa’s downstream sector, there have been new oil discoveries on the continent, South Africa being no exception. “Discoveries of significant oil and gas in our neighbouring SADC member countries are encouraging. They will strengthen energy, support other by-products, such as…

MALAWI GOVT. EYES 100% ENERGY ACCESS WITHIN 8YEARS

Posted on September 3, 2022 by Gambeta News

Energy-deficient Malawi has disclosed plans to achieve 100 percent energy access by 2030. The ambition comes at a time the latest Energy Progress Report 2022 released by the World Bank has indicated that electricity access in Malawi stands at 15 percent against a population of 19 million people. This is the lowest in the region and among the least five in Sub Sahara Africa. Of the population with access to electricity, 11 percent is grid-connected…

UK GOVT INJECT £10M INTO NIGERIA’s ENERGY SECTOR

Posted on February 22, 2022 by Gambeta News

The United Kingdom has injected £10 million into Nigeria’s low carbon energy project. The concessional aid is aimed at reducing the risks, for pension and insurance funds’ to invest in energy access projects, and support Nigeria’s COP26 commitments. UK also signed an agreement with the Nigerian government that would enable a compensation of £210,610 to the country following a successful investigation by the British Serious Fraud Office on the use of corrupt agents in the…

TOTAL ENERGIES TO HELP UGANDA TAP THE WINDPOWER GOLDMINE

Posted on February 9, 2022 by Gambeta News

TotalEnergies is making plans to help Uganda utilized its Wind power. The country currently has one of the lowest per capita electricity consumptions in the world with 215 kWh per capita per year. So far, the country has a total installed energy capacity of 882MW, according to Energypedia. Meanwhile, according to the Global Wind Energy Council reports from last year, it is said that the African continent was only tapping 0.01% of its wind power…

Aggreko Release: The role of gas as an enabler of the energy transition

Posted on February 9, 2022 by Gambeta News

The threat of climate change has been firmly in the spotlight, with several discussions and commitments at the recent UN Climate Change Conference in Glasgow, Scotland. The importance of gas as an enabler of the energy transition in Africa is again being highlighted. According to the US Energy Information Administration, natural gas emits almost half the carbon dioxide of coal, making it a viable way to transition to a lower carbon impact. Kweku Frempong, Area General…

PROJECT ENGINEERING AND SUPERVISION ASSIGNMENT

Posted on April 12, 2021 by Gambeta News

The Government of Rwanda has applied for financing from the African Development Bank (AfDB) toward the cost of the Rwanda Universal Energy Access Project (RUEAP), and intends to apply part of the proceeds toward payments under the Contract for Design and Supervision of Construction of Rural Electrification; Network Reinforcement and Transmission Lines with Substations Works under the African Development Bank (AfDB) Funding. Expressions of interest must be delivered before 14 th May 2021 at 10.00…

SUPPLY OF VARIOUS ELECTRICAL MATERIALS FOR DIFFERENT CUSTOMER PROJECTS

Posted on March 4, 2021March 4, 2021 by Gambeta News

Energy Utility Corporation Limited hereby invites national sealed bids from eligible bidders for SUPPLY OF VARIOUS ELECTRICAL MATERIALS FOR DIFFERENT CUSTOMER PROJECTS (Power Circuit Breakers and Empty Distribution Boxes). The tender is composed by one indivisible lot SUPPLY OF VARIOUS ELECTRICAL MATERIALS FOR DIFFERENT CUSTOMER PROJECTS (Power Circuit Breakers and Empty Distribution Boxes). This tender is related to supplies of Electrical Materials, the participation is open to all companies specialized in the field. The tender…

TOP FINANCIER INCREASES FUNDING REQUIREMENT FOR POWER PROJECTS

Posted on December 21, 2020December 21, 2020 by Gambeta News

Standard Bank will not fund any new coal-fired power plant projects, but will continue to provide finance to thermal coal mining projects and companies if they meet certain criteria, it said on Thursday. Climate activists have been pressuring Standard Bank – Africa’s largest bank by assets – to curb its lending to the coal, oil, and gas sectors, which together accounted for around 4% of its lending and commitments in December 2019. Under a new…

DRIVING EFFICIENCY THROUGH GAS-GENERATED ENERGY

Posted on July 31, 2020 by Gambeta News

Industries require reliable energy to operate optimally. When energy supplies are unreliable, it can interrupt manufacturing processes which ultimately leads to a loss in revenue. Organisations are therefore increasingly looking at spreading their risk and supplementing their energy supply to ensure that they can continue operating should the country’s grid go down. Leading West African cement manufacturer, SOCOCIM Industries has signed a 7-year deal with energy provider Aggreko Africa to diversify their energy supply using…

EGYPT HOPES FOR RUSSIA’S NUCLEAR PLANT CONSTRUCTION

Posted on June 18, 2020June 20, 2020 by Gambeta News

Last October 2019, during the first Russia-Africa Summit, Russian President Vladimir Putin and Egyptian President Abdel Fattah al-Sisi reaffirmed commitment to scale-up cooperation in various economic sectors and particularly expedite work on the special industrial zone and the construction of proposed four nuclear power plants, raising hopes for an increased power supply in Egypt. Seated in a sizeable conference hall on October 23, Putin told the Egyptian delegation: “As for our bilateral relations, we continue…

AFDB APPROVES GRANTS FOR SMALL RENEWABLE ENERGY PROJECTS

Posted on April 22, 2020April 24, 2020 by Gambeta News

The African Development Bank under its Sustainable Energy Fund for Africa (SEFA), has approved a US$760,000 grant to Empower New Energy AS (EmNEW), to develop at least eight small renewable energy projects with capacity ranging from1-10 MW, towards bankability and construction. The grant will support a broad range of project preparation and development activities. These will include; technical feasibility studies, legal due diligence, environmental and social impact assessment, quality assurance and risk management. The African…

ELECTRICITY REGULATION ACT REVISED IN SOUTH AFRICA

Posted on February 24, 2020 by Gambeta News

New revisions to power sector regulations could lead to upsurge in corporate PPAs The South African Mineral Resources and Energy Minister Gwede Mantashe recently announced that Schedule 2 of the Electricity Regulation Act (ERA) was currently being revised. The revisions will accommodate “self-generation and facilitate municipal generation options”. While all stakeholders will be eagerly awaiting a draft of the proposed amendments before taking action, the announcement of these developments is still welcomed. The revisions are…

AFRICAN UNION AGENDA2063: INFRASTRUCTURE AND ENERGY INITIATIVES

Posted on February 11, 2020 by Gambeta News

We all know that Infrastructural development is seriously lacking in Africa that is why the African Union has unveiled plans to tackle such challenges. The aim of such plans is to help grow the continent economy as well as better the life of its citizens. According to a report from PEW Research, Africa population will increase by 2100 so the need for infrastructural development is vital for the continent. Below is a video clips of…

AFRICA DEVELOPMENT BANK APPROVED FINANCING PROGRAM FOR DESCOs

Posted on July 17, 2019July 17, 2019 by Gambeta News

Sub-Saharan Africa need funds for electricity production but will financial providers stop worrying about political, regulatory and administrative barriers? Sub-Saharan Africa’s energy systems face an enormous challenge due to low electricity generated. This has made Africa Development Bank (AfDB) to approve an innovative multinational financing program for Distributed Energy Service Companies (DESCOs). DESCOs are like commercial utility companies that provides their customers with desired energy services. This desired energy services entails sufficient electricity for lighting…

ZIMBABWE PRESIDENT IN ENERGY TALKS WITH ESKOM

Posted on July 8, 2019July 8, 2019 by Gambeta News

President Mnangagwa held talks with President Ramaphosa over Zimbabwe Energy issues. President Emmanuel Mnangagwa has held talks with President Cyril Ramaphosa of South Africa toward solving the nation energy problem. The bilateral meeting was to find a lasting solution to Zimbabwe power challenges. During the meeting, President Mnangagwa announce that Energy and power minister Fortune Chasi will soon lead a delegate to South Africa. These delegates will finalise a new power deal that will ease…

INTRO ENERGY TO LAUNCH US$100M PROJECT IN EGYPT

Posted on June 10, 2019 by Gambeta News

Intro Energy to launch electricity projects using net metering system in Egypt. Intro Energy is set to launch projects that will help produce electricity from renewable resources in Egypt. The project will be to implement a solar energy plant with a capacity of 20MW in Sharm El-Sheikh. This will also be with a net metering system. According to Managing Director of Intro Energy, Mohamed Mamdouh Abbas, the net metering system will include installing a digital…

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