Roland Tatnall’s Post

The African Development Bank Group (AfDB) says it plans to support Nigeria’s power sector with one billion dollars to boost electricity. Dr Kevin KARIUKI, Vice President, Power, Energy, Climate Change and Green Growth Complex, AfDB, said at the Eight Africa Energy MarketPlace (AEMP) Forum in Abuja. The forum was organised by AfDB, the Ministry of Power and the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF). Kariuki said: "We will be shortly seeking board approval for a one billion dollar policy-based operation (PBO) with a significant energy component. This is aimed at supporting the ongoing power sector reforms triggered by the new Electricity Act. The timing of the AEMP and the proposed policy-based lending focused on the energy sector is, therefore, not coincidental. “We will finance the policy recommendations to actualise the expected outcomes from the National Integrated Electricity Policy and Strategic Implementation Plan.” He said that good policies attracted sustainable investments, adding that an enabling environment would maximise the value of ongoing investments, including the 256.2 million dollars Nigeria Transmission Expansion Project. According to him, the project entailed the construction of 500 Kilometres (KM) of transmission lines and four substations with a capacity of over 1000 Mega Volt Ampree (MVA). And the 200 million dollars Nigeria Electrification Project, which will build 150 mini-grids. Read more: https://lnkd.in/ddkhBAcH #RenewableEnergy #CleanPower #Infastructure #Nigeria #Africa

Exciting news for Mozambique's energy sector! The African Development Bank (AfDB) has approved a grant of $33.25 million for the Songo-Matambo electricity transport line project. This initiative is a crucial step in enhancing the reliability and security of Mozambique's electrical supply while fostering regional integration of the electricity network. It aligns with broader efforts to modernize the grid, positioning Mozambique as an emerging energy hub in the region. The project's impact will extend to the central and northern regions, contributing significantly to the country's development. It's encouraging to witness the collaborative efforts driving sustainable energy solutions in Africa. #africandevelopmentbank #energyinfrastructure #energysector #sustainabledevelopment #mozambique #regionalintegration #energysecurity #sustainableenergy #collaborationforchange

The IEA estimates that closing the energy access gap in Sub-Saharan African countries will require an estimated annual investment of $28 billion from now until 2030, including $13 billion for mini-grids, $7.5 billion for grid investments and $6.5 billion for off-grid investments. This is why our investment in companies like Anergi Group is crucial in ensuring energy security across Africa. Anergi's currently installed capacity of 1 413MW powers 23 million customers in Ghana, Nigeria, Kenya and South Africa. And we are just getting started. #HarithAfrica

The African Development Bank allocates $33.25 million for Mozambique's energy transformation through the Songo-Matambo electricity project.   The project aims to strengthen the country's power grid reliability and security, positioning Mozambique as a key energy hub in the region.   With a 118-kilometre, 400-kV transmission line and strategic substation enhancements, the project supports the installation of supplementary production capacity, fostering energy trade and regional integration. Cláudia Sousa Furtado Drew Corbyn Bertha Dlamini, EMBA Ivie Ehanmo Nídia Dias Ikechukwu Promise Obialor Petlong Dakhling Dakim Dung   Follow The African Energy Council for more energy news. #energyinfrastructure #Aecouncil #sustainableenergy  #africandevelopmentbank #mozambique #renewableenergy #EnergyHub #energysecurity #africandevelopment #economicdevelopment #cleanenergy   #energytransition

To date most private power procurement transactions in South Africa have been relatively straightforward, adhering to a traditional model involving a single generator and a single offtaker. However, as the reforms of Eskom gather pace, this presents an opportunity to think differently. A fully liberalised model is not going to arrive tomorrow in South Africa, but there is a clear direction from the government to increase private generation and to facilitate wheeling with the emergence of energy traders. Read the blog on our website written by Inès Pinot de Villechenon and Wickaum Smith on the liberalisation of the electricity market in South Africa. #southafrica #energytransition #Greengiraffeadvisory

No details has been provided by SkyPower Global or Zambia Electricity Supply Corporation (ZESCO) on specific generation projects under development, technology or financing in the 1000MW PPA. Is this more populist nonsense as Zambia's president tries to talk his way out of a massive energy crisis or the real deal? Does Kerry Adler know that ZESCO has unsustainable debt of US$3.5 billion? #zambia #energycrisis #leadershipcrisis #ppa #ipp #epc #bestreetwise https://lnkd.in/gf7pcz4Q

South Africa's quest for more power hangs in the balance! Will they be left in the dark? 💡 South Africa urgently needs extra power to combat crippling blackouts, but most of the 11 emergency power projects are still struggling to secure funding. These projects, including solar, wind, battery storage, and natural gas solutions, were meant to deliver 2 GW of new capacity by mid-2023. However, more than 90% of that capacity remains in limbo as rising costs and market shifts make it hard to attract investment. 💰 Despite the challenges, a few projects are making progress, like those by Norway's Scatec ASA. 🌞 But the fate of the others, including companies like Mulilo Energy , EDF, ENGIE Africa, Karpowership, and ACWA Power, hangs in the balance. Delays in these projects not only affect South Africa's energy supply but also impact the financial performance of the state utility Eskom Holdings SOC Ltd. 😔 Can South Africa overcome these hurdles and brighten its energy future? 🧐 #PowerCrisis #EnergySupply #SouthAfrica #OIG Articel by Reuters - https://lnkd.in/ej2HXqhB

#Côte d'Ivoire plans to invest over $𝟴 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝘁𝗵𝗲 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰𝗶𝘁𝘆 𝘀𝗲𝗰𝘁𝗼𝗿 by 2030. The country has experienced significant development in this sector over the past decade, with over $𝟮.𝟴 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 invested in #production, #transmission, and #distribution. This has enabled the country to achieve an electrification rate of over 𝟳𝟬% 𝗶𝗻 𝟮𝟬𝟮𝟭, one of the highest in the #West Africa region. Faced with challenges such as a 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝗽𝗼𝗽𝘂𝗹𝗮𝘁𝗶𝗼𝗻 and 𝗶𝗻𝘀𝘂𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝘁 𝗴𝗮𝘀 𝘀𝘂𝗽𝗽𝗹𝘆, these significant #investments will allow the country to diversify its energy sources. Several initiatives are underway, including accelerating the #exploitation of gas fields, constructing gas #pipelines to connect Côte d'Ivoire with gas-producing and consuming countries, and building #infrastructure for importing, storing, and exporting natural gas. The country also plans to double its installed #solar energy capacity.  

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $9.72 million grant to scale up the Africa Hydropower Modernisation Programme (AHMP), a one-stop shop that overhauls African #hydropower systems to enhance their reliability and flexibility. With this new funding, AHMP will expand the modernisation of a pipeline of 12 private-sector-led projects in 8 countries selected through a competitive process. The physical works and preparation activities will generate an additional 570 MW of hydropower at an estimated $1 billion, including investment from the private sector. They will also reduce greenhouse gas emissions by 1,700 kilotons of CO2 equivalent per year. João Duarte Cunha, African Development Bank Division Manager for Renewable Energy and SEFA Manager, said: "About half of Africa's hydropower assets are over 30 years old and ageing fast; modernising them with the latest electro-mechanical and digital technologies is the fastest and cheapest way to increase clean energy capacity and enhance the system flexibility needed to accelerate energy transition efforts". More on the project and its expected impact: https://bit.ly/3txta18 #PowerAfrica #SEFA

Africa is witnessing notable development across various economic sectors, and this development has a correlation with energy consumption. Unfortunately, one of the potholes facing development in the field of energy are blackouts. Outdated infrastructure, insufficient investment, and reliance on traditional energy sources contribute to the challenge. Addressing blackouts in Africa requires innovative solutions and collaboration. Integrating new technologies offers a robust solution to enhance the performance and efficiency of distributed energy resources. Other Initiatives such as investing in renewables, upgrading grids, and promoting energy efficiency are also Prudent. With concerted efforts, Africa can overcome energy challenges and unlock its full potential for growth. #EnergyInnovation #AfricaDevelopment #RenewableEnergy #DigitalTwin #SDG #SustainableDevelopmentGoals Picture Source: https://lnkd.in/djnkKm8z