Africa Energy Indaba’s Post

Curious about Africa's energy future? 🌍 Join us for an insightful webinar in collaboration with Rystad Energy on April 11, 10:00 CEST! Despite rich potential, Africa's energy usage per capita remains low. Did you know Africa only accounts for 6% of global energy use and less than 3% of CO2 emissions? Renewable energy is set to dominate, with 65% of installed capacity projected by 2035 and 95% by 2050. 🌱🌬️ We'll explore the industry demand and the growing potential in Oil & Gas, focusing on Lower Emissions, increased oil recovery, and renewable energy sources 🚀 Read more and secure your spot here 👉https://lnkd.in/gJ6sfPPi  Bjørn Kahrs | Anne Lise Gramstad #AfricaEnergy #RenewableEnergy #LowerEmission

African Energy Chamber Unveils ‘State of African Energy 2024’ Report. The African Energy Chamber (AEC) has released its comprehensive ‘State of African Energy 2024’ report, offering an in-depth analysis of the continent’s evolving energy landscape. This pivotal publication examines current investment trends, emerging opportunities, and the challenges facing Africa’s energy sector. Key insights from the report include: • Investment Trends: A detailed overview of financial flows into Africa’s energy projects, highlighting sectors attracting significant capital and areas requiring increased investment. • Renewable Energy Growth: An assessment of the rapid expansion of renewable energy sources across the continent, emphasizing the role of solar, wind, and hydroelectric power in meeting future energy demands. • Policy and Regulatory Frameworks: An analysis of existing policies and regulations, with recommendations for fostering a more conducive environment for energy development. The AEC’s report serves as a crucial resource for stakeholders aiming to navigate and contribute to Africa’s dynamic energy sector. Explore the full report to gain a comprehensive understanding of Africa’s energy future. https://lnkd.in/gC7pem7x #AfricanEnergy #RenewableEnergy #InvestmentOpportunities #EnergyPolicy #SustainableDevelopment

China-Kuwait Collaboration: Advancing Solar Energy Station Project Talks In a two-week visit, a Chinese delegation engaged in discussions with Kuwait’s Minister of Electricity, Water, and Renewable Energy, Dr. Salem Falah Al-Hajraf, and the Minister of State for Housing Affairs. The focus of the talks was centered on the establishment of a solar energy station project featuring an independent supplier system. The Chinese delegation provided detailed insights into the proposed solar power station in Al-Shaqaya, covering production capacity and agreement terms. Meetings with Kuwaiti officials from various ministries were conducted during the delegation’s visit. Read the full story here: https://lnkd.in/dctQzVC9 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #asia #china #kuwait #middleeast #renewableenergy #solarenergy

Energy transition is high on the agenda for the GCC states, and FDI announcements point to Gulf states committing substantial project finance to Africa's renewable energy industry, including solar and green hydrogen projects. Discover other industries in Africa that the GCC states are investing in with EIU’s free report: http://econgrp.co/zP Looking to deepen your understanding of industry trends? Explore our Country Analysis service, offering comprehensive industry data and analysis across six sectors and 26 subsectors. Request a bespoke demonstration to enhance your understanding of industry trends and optimise your business strategies: http://econgrp.co/zO

#AEW: Invest in African Energy Announces Nominees for #2024Award Ceremony The largest international energy event – #AfricanEnergyWeek (#AEW): Invest in African Energy – announces the nominees for this year’s award ceremony. Taking place during the event week from November 4-8, the award ceremony recognizes the companies who are spearheading the development, innovation and growth of Africa’s energy industry. #Africa is expected to more than double its share in the global natural gas market by 2050 while increasing its renewable energy capacity four-fold by 2030. Concurrently, the continent’s greenfield spending will boom in the coming decade, reaching $37 billion by 2025 and $50 billion by 2030. This growth underscores both the potential of the continent’s energy market and the commitment of companies to maximize its resources.  Read nominated companies here: https://lnkd.in/e6_c7j8a

The potential of renewable electricity in Africa is undoubtedly vast and the total installed capacity is forecast to more than double between 2023- 2028. Renewable energy already accounts for 40.5% of the region’s electricity generation- higher than the global average of 34.1%. Some African countries are even leading the way globally in these figures. In Kenya 🇰🇪 geothermal energy accounts for 46% of generation, more than any other country in the world. #greenfinance  #greenenergy  #greentransition

🌍 Unlocking Opportunities in Nigeria's Energy Sector 🌱 The future of Nigeria's energy landscape lies in renewable energy (solar, wind), power generation projects, energy storage, and infrastructure development. With government initiatives driving growth and increasing private sector participation, now is the perfect time to invest in sustainable energy solutions. At Vista Advisory Partners, we are at the forefront of these transformations, helping investors navigate the evolving energy landscape and capitalize on the immense opportunities. Learn more about how you can be part of the future of Nigeria’s energy sector. #RenewableEnergy #NigeriaEnergy #Sustainability #InvestmentOpportunities #EnergyInfrastructure #PrivateSectorGrowth #VistaAdvisorypartners

On 27 March 2024, the Presidency released a detailed update on the implementation of the Energy Action Plan (EAP). The report outlines the significant progress achieved over the last 6 months in implementing the government’s plan to end load shedding. ⚡️🔌💡 The EAP aims to reduce the severity and frequency of load shedding in the short term and achieve energy security in the long term through five key interventions: 1.⁠ ⁠Fix Eskom and improve the availability of existing supply 2.⁠ ⁠Enable and accelerate private investment in generation capacity 3.⁠ ⁠Fast-track the procurement of new generation capacity from renewables, gas and battery storage 4.⁠ ⁠Unleash businesses and households to invest in rooftop solar 5.⁠ ⁠Fundamentally transform the electricity sector to achieve long-term energy security Read the full report below ⬇️ #EnergyActionPlan #EnergyCrisis #Loadshedding #SouthAfrica

🌟 𝐉𝐨𝐢𝐧 𝐮𝐬 𝐟𝐨𝐫 𝐚 𝐰𝐞𝐛𝐢𝐧𝐚𝐫 𝐟𝐨𝐜𝐮𝐬𝐞𝐝 𝐨𝐧 𝐮𝐧𝐩𝐚𝐜𝐤𝐢𝐧𝐠 "𝐒𝐨𝐮𝐭𝐡 𝐀𝐟𝐫𝐢𝐜𝐚'𝐬 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐚𝐫𝐝"! 🌟 🗓 𝐃𝐚𝐭𝐞: September 11, 2024 🕑 𝐓𝐢𝐦𝐞: 02:00 PM Dive into South Africa’s renewable energy landscape with our expert panel as they tackle pressing questions, including the: 🔹 Current percentage of electricity from wind and solar 🔹 Projected growth of renewable energy compared with global trends 🔹 Major challenges and delays facing renewable projects 🔹 Effectiveness of policies for private electricity wheeling 🔹 Solutions for transmission and distribution infrastructure concerns 🔹 Strategies for developing South Africa’s renewable energy value chain Sponsored by NOA and EY-Parthenon, this is a must-attend event for anyone interested in the future of renewable energy in South Africa. 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐧𝐨𝐰: https://ow.ly/YbwQ50T7pNT #RenewableEnergy #SouthAfrica #EnergyInvestment #GreenFuture #WindEnergy #SolarEnergy #NOAGroup #EYParthenon

Transforming energy: ACWA Power and UN support Uzbekistan’s green transition Marco ARCELLI, CEO of ACWA Power, discusses the company’s pivotal role in expanding Uzbekistan’s renewable energy capacity. With a $15bn investment in solar, wind, and green hydrogen, ACWA Power is a key player in the Central Asian state's energy sector. Arcelli highlighted, "Uzbekistan's commitment to green energy is not only transforming its energy landscape but also positioning it as a benchmark for rapid and constructive energy transitions globally." Details — https://lnkd.in/dyTVrp36 📹 : https://lnkd.in/d7rGFbZM ACWA Power - Central Asia #GreenEnergy #Sustainability #RenewableEnergy #ACWAPower #Uzbekistan #SolarPower #WindEnergy #GreenHydrogen #EnergyTransition #SustainableInvestments