Renewable Energy Makes Inroads Globally, Off-Grid Grows in Africa

5 October 2016: Several recent reports released from international organizations and multilateral agencies highlight the important progress renewable energy is making, as it expands its reach in developing countries and worldwide. The advances reported in these publications are a key component of implementing the 2030 Agenda for Sustainable Development, especially Sustainable Development Goal (SDG) 7 (Ensure access to affordable, reliable, sustainable and modern energy for all) and SDG 13 (Take urgent action to combat climate change and its impacts). Recent reports address the growth of renewables, which is linked to…

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Africa: Africa’s Solar Power Revolution

Dar es Salaam — For quite some time now, I have been scouring the ideas landscape for a set of transformative technologies and associated industrial value chains that have the capability to enable the economy of the African continent to charge ahead at double-digit rates over the next 50 years, which is the absolute minimum required if the continent is to succeed in shaking off the destructive forces of poverty, hopelessness and despair, whose signs are already here for all to see. It has finally dawned on me that such…

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The energy transition: energy is not longer a fuel, but a technique

The sentence in the title of this article is borrowed from the article “sunny side up…” . There are two statements in the article that I would like to emphasize: 1) energy is not longer a fuel but a technique. This first statement implies that there is no longer scarcity of energy, which means that holding on to energy resources like oil and therewith managing the supply is not longer an influence on the price of energy. Making economy of scale the most logical line of strategy for every energy suplier. In…

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STANDARD CHARTERED & USAID’S USD60 MILLION BOOST ZAMBIA’S POWER GRID

Standard Chartered (www.SC.com) continues to deliver on its commitment to bridge Africa’s power gap by facilitating, coordinating and arranging transactions which boost the capacity of national power grids and access to electricity across Africa. In this latest milestone transaction, Standard Chartered has partnered with the U. S. Government, through USAID, to deliver a term loan worth USD 60 million to Zambia’s Electricity Supply Corporation (ZESCO), making this one of the largest facilities that the United States Agency for International Development (USAID) has delivered within President Obama’s ‘Power Africa’ partnership since…

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Commodity Prices and Energy Transition Top 2016 World Energy Congress Programme

ISTANBUL–(BUSINESS WIRE)–Apr 27, 2016–The 23 rd World Energy Congress, which is taking place in Istanbul, between 9 and 13 October 2016 has today announced the first key highlights of its official event programme. Headline sessions will include weathering the commodity price storm and the impact of the COP21 agreement on the energy industry. Prominent leaders such as Jean-Bernard Levy, Chairman and CEO of EDF; Amin H. Nasser, CEO of Saudi Aramco; Zhenya Liu, Chairman of SGCC; Johannes Teyssen, CEO of E.ON; Strive Masiyiwa, CEO of Econet as well as Ben…

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EU-Africa research cooperation to improve energy access in Africa

Energy in Africa is a rarer commodity than in the developed world, with 15% of the world’s population lives on the African continent, yet they represent only 3% of global electricity consumption. Electricity consumption per capita in sub-Saharan Africa is, on average, less than that needed to power a 50-watt light bulb continuously. The 48 sub-Saharan countries have a combined installed generation base of only 68gW, according to the African Development Bank Group. This is roughly equal to the generation capacity of Spain, a country that has a population of…

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