Liberia has signed a financing agreement with the International Development Association for the production of an additional 60MW of renewable energy geared toward further solving the country’s energy crisis.
The project is an initiative of the World Bank under the Regional Emergency Solar Power Intervention Project (RESPITE). It is a … Read More
The Board of Directors of the African Development Bank Group today approved an equity investment of $20m in Evolution Fund III, a pan-African clean and sustainable energy private equity fund that is mobilizing about $400m into renewable energy and resource-efficiency assets across sub-Saharan Africa over 10 years.
Inspired Evolution Investment … Read More
By Denny Da Silva, Director Designate, Baker McKenzie Johannesburg
South Africa’s carbon tax, which came into effect in 2019, is predicated on the “polluter pays” principle and ensures that the real cost of greenhouse gas emissions to the environment and society are incorporated into the price of carbon-intensive production activities. … Read More
Unveiled on Monday, the newly approved Integrated Resource Plan (IRP) shows that government plans to develop or procure 1,540MW of new generation between now and 2040. Of that amount, 1,240MW will be from renewable energy projects.
“The IRP meets the country’s growing energy demand at least cost while also reducing … Read More
Electricity is one of the most important infrastructure needed at the moment as the world continue its fight against the novel virus. Modern health services require electricity everywhere in the world.
Yet today, health clinics and hospitals in sub-Saharan Africa and much of the developing world still remain underserved by … Read More
UK will invest over USD 65.7 million into renewable energy projects in selected African countries.
The projects include solar farms in Kenya, geothermal power stations in Ethiopia and clean energy storage in sub-Saharan Africa.
The countries will receive funding and support from UK scientists to perfectly utilize their abundant renewable … Read More
South Africa government is set to put plan of renewable energy to use
South Africa government has launch its weight behind renewable energy in the new integrated resources plan (IRP). Meanwhile, the plan will see no increase in use of nuclear energy up until the year 2030.
Minister of Energy … Read More
As part of promoting the use of renewal energy, Emira property funds has installed R16m solar farm on top of its Randridge mall in Randpark ridge, Johannesburg.
The photovoltaic solar farm on the mall consists of 10,900 panels, it produces approximately 1.2MWh of electricity.Its panels were specially imported and manufactured … Read More