Africa Energy Portal (AEP)’s Post

Africa stands on the brink of a transformative era. Known for its vast natural resources, the continent is now drawing global attention for its renewable energy potential. A recent report by Wood Mackenzie, commissioned by Revego Fund Managers and MOBILIST, highlights a $193 billion investment opportunity in Africa’s renewable energy market by 2031.  This shift towards clean energy is not only about economics but also about achieving sustainable development and boosting Africa’s economic growth. Get more details here: https://lnkd.in/dZHYgSw6

Projects that provide Sustainable development can some times present a paradox to IAP's, this always highlight the importance of the EIA process and ZEMA's approval before implementing a project.

🌍 Mozambique is making strides in renewable energy with a new tender for 17 solar power systems! The announcement by the Ministry of Mineral Resources and Energy showcases the country's commitment to sustainable development and energy transition. This initiative aims to expand electricity access in rural areas and support Mozambique's growing energy needs. The solar systems will be implemented across several provinces, offering a cleaner, greener alternative to the existing energy infrastructure. As one of the sunniest countries in Africa, Mozambique is well-positioned to harness solar power, providing economic opportunities and reducing carbon emissions. This tender marks a significant step forward for the country in embracing renewable energy and fostering innovation within the energy sector. 🔗 Read more about this promising development: https://lnkd.in/e48fMC2G #RenewableEnergy #SolarPower #Mozambique #Sustainability #EnergyTransition

🔌💡 The energy landscape in South Africa is undergoing a significant transformation. Faced with persistent power outages and load shedding, more South African businesses are choosing to reduce their reliance on Eskom and invest in alternative energy solutions. Many companies are turning to solar, wind, and other renewable energy sources to ensure a stable and sustainable power supply. This shift not only helps businesses maintain operations without interruptions but also supports the broader transition to greener energy. 🌱 It's inspiring to see such proactive steps being taken by the private sector. By embracing renewable energy, businesses are not just safeguarding their own futures, but also contributing to a more resilient and eco-friendly energy grid for all. 🌍 #RenewableEnergy #SustainableBusiness #EnergyTransition #SouthAfrica #Innovation #BusinessGrowth #GreenEnergy #WorldEnvironmentalDay

Great news from Ghana! Ghana inaugurates Africa's largest floating solar photovoltaic (PV) project. A growing number of such systems exist in China, France, Indonesia, India, Japan, South Korea, the United Kingdom, Singapore, Thailand, and the United States. Floating solar is a type of 'Offshore Solar' energy which also includes fixed-bottom foundations. A study from Lappeenranta University of Technology stated that 6,300 TWh of extra electricity could be produced every year from floating solar on hydropower reservoirs worldwide if covering just 25 percent of the water surface. #ghana #westafrica #renewalsenergy #offshoresolar #greenenergy #blueeconomy #satalks #eni #floatingsolar #HR #humancapital #hrbusinesspartner

REGIONAL RENEWABLE ENERGY MASTER PLAN 🌐 The East African Community (EAC) Partner States had a successful workshop to agree on the scope of work, structure of report and a draft Terms of Reference for the development of a Renewable Energy Master Plan for the region. The workshop took place in Entebbe, Uganda. 📋At the workshop, #EACREEE presented their ongoing projects, achievements and mentioned the unique role they could play in development of the master plan. 🌿 Once developed, the master plan will chart a way forward on how the region can use their vast renewable energy potential to achieve a fair and just energy transition. UNIDO, Global Network of Regional Sustainable Energy Centres (GN-SEC) African Development Bank Group, African Union, The World Bank

Seizing the Opportunity Africa stands at a critical juncture, with the opportunity to leapfrog legacy energy market structures and embrace a cleaner, more resilient energy future. With industrial and agricultural energy demand on the rise and unreliable grid infrastructure plaguing businesses across the continent, the adoption of DERs offers a promising solution. By harnessing renewable energy technologies, particularly solar arrays, businesses can gain greater control over their energy supply while reducing costs and carbon emissions. Join Us in Shaping Africa's Energy Future Join Muta Energy Africa in shaping Africa's energy future by embracing the potential of distributed energy resources. Follow our LinkedIn company page for updates and insights on how DERs are transforming the energy landscape and driving sustainable economic development across the continent. Together, let's harness the power of renewable energy to build a brighter, more resilient Africa for generations to come.

Is Africa prepared to move from oil and gas toward a sustainable, renewable energy future? Join parliamentarians and energy experts from the DRC, South Africa, and Mozambique in Cape Town on November 1st for an insightful dialogue as they explore pathways for a balanced and inclusive energy future for Africa. #AfricaEnergyTransition #FossilFuelsToRenewables #GreenAfrica #ParliamentaryDialogue

Over the past ten years, investments in renewable energy across Africa have seen significant growth. The International Renewable Energy Agency (IRENA), in collaboration with the African Development Bank, reported a tenfold increase in the average annual investments in renewable energy, from less than USD 0.5 billion in the period 2000-2009 to USD 5 billion in 2010-2020. Despite this impressive growth, it's important to note that only 2% of global investments in renewable energy over the last two decades were made in Africa. Renewable energy deployment has added more than 26 gigawatts (GW) of generation capacity to the African continent in the last decade, with solar energy seeing the largest additions. However, there's a regional disparity in investment and development. Sub-Saharan Africa, for example, still had an electrification rate of 46% in 2019, with a significant number of people lacking access to clean cooking fuels and technologies. Understanding the full scope of Africa's renewable energy potential is not just an academic exercise—it's a crucial step towards realizing a sustainable future. At ARK (Africa Renewables Katalyst), we are convinced that Africa has the potential to become an energy utopia. This vision can be achieved by harnessing our abundant renewable resources to their fullest extent, transforming our energy landscape into one that is not only self-sustaining but also a beacon of innovation and sustainability for the world. Photo credits: AI #ARK #AfricaRenewables #SustainableEnergy #EnergyUtopia #RenewableEnergy

🌍🔋 Join us digitally as we dialogue on the topic "Energizing Africa – Enabling Private Sector Development in Renewable Energy" and explore the continent’s transformative potential in solar, wind, hydro, and geothermal energy. During this webinar, we will delve into the strategic transition to renewable energy as a factor in addressing energy access on the continent, in line with global climate goals such as reducing dependency on fossil fuels.   🔍 We will analyze the private sector's role beyond mere investment, examining how it can drive evolution, increase efficiency, and stimulate economic growth. Key objectives: ✔️ Provide a comprehensive overview of Africa's renewable energy landscape ✔️ Examine the critical role of the private sector in driving renewable energy projects and investments. ✔️ Identify key challenges faced by the private sector, including financial constraints, regulatory hurdles, and infrastructure deficits. ✔️ Explore successful case studies of private sector engagement in renewable energy projects across Africa. ✔️ Propose policy recommendations and strategies to enhance private sector participation and foster a thriving renewable energy sector. 📅 Date: July 30, 2024 🕒 Time: 12:00-1:30 PM WAT 📍 Register here: https://shorturl.at/yNXrc Moderator: 👤 Habiba Ali, CEO at Sosai Renewable Energies Panelists:  👤 Nnadozie Ifeanyi-Nwaoha, Energy Markets and Rates Consultants (EMRC) 👤 Ayo Ademilua (FICA), CEO of A4&T Power Solutions and President of Renewable Energy Association of Nigeria (REAN) 👤 Najim Animashaun, Non Resident Fellow at APRI Don't miss this opportunity at the forefront of Africa's renewable energy revolution! 🌱💡 #RenewableEnergyAfrica #PrivateSector #EnergyAccess #EconomicGrowth #Innovation #SustainableDevelopment