Renewables Industy

The most exclusive news related to them most recent developments in the renewable energies sector of Mozambique

Renewables: Senegal Powering 25 Villages

Posted on by Mozambique Resources Post
Renewables: Senegal Powering 25 Villages

Senegal will see 25 villages in the south-east of the country electrified with solar by the end of the year as part of a sustainable development program promoting renewable energies. “Of the 40 villages targeted, more than 25 will be electrified in December. All installation work will be completed before the end of November. These 25 villages will have electricity by the end of December,” said Cheikh Wade, head of monitoring and monitoring at the…

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Africa Oil Week: “Africa to become a global renewable-energy leader” – AfDB president

Posted on by Mozambique Resources Post
Africa Oil Week: “Africa to become a global renewable-energy leader” – AfDB president

African Development Bank (AfDB) president Dr. Akinwumi Adesina says Africa is poised to become the leading region for renewable-energy globally and has reaffirmed the bank’s support for the ambitious ‘Desert to Power’ programme in the Sahel region.

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Africa Renewables: Algeria to Manufacture RE Parts in partnership with General Electric

Posted on by Mozambique Resources Post
Africa Renewables: Algeria to Manufacture RE Parts in partnership with General Electric

The first turbines manufactured in Algeria will be available by July 2019, according to the CEO of the country’s state-run utility Sonelgaz. Mohamed Arkab said the goal is being achieved through a partnership with GE. The country has indeed signed an agreement to create a JV co-founded by both entities under the 51/49 rule. Called GEAT, the JV company will manufacture the equipment of a power plant, such as alternators and control systems. In addition,…

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Sustainability: Climate crisis spurs UN call for $2.4tn fossil fuel shift

Posted on by Mozambique Resources Post
Sustainability: Climate crisis spurs UN call for $2.4tn fossil fuel shift

The world must invest $2.4-trillion in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing by 2050 to avoid catastrophic damage from climate change, according to scientists convened by the United Nations. Their report published Monday adds pressure on policymakers and businesses to step up their response to global warming, which is boosting sea levels, making storms more violent and exacerbating poverty. The atmosphere is already almost 1…

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Global Energy: “Renewables Set For Explosive Growth” – IEA

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Global Energy: “Renewables Set For Explosive Growth” – IEA

Renewable energy is growing at a blistering rate, but clean energy is also nowhere near what is needed to avoid some of the worst effects of climate change, according to a series of new monumental reports on the global energy system. Renewable energy accounted for half of the increase in new electricity generation in 2017, a remarkable feat, according to a new report from the International Energy Agency (IEA). By 2023, renewables will account for…

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Renewables: Akon Lighting Sierra Leone

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Renewables: Akon Lighting Sierra Leone

Akon, Senegalese rapper and founder of Akon Lighting Africa, has pledged to equip Sierra Leone with 5,000 solar street lights and 2,500 traffic lights to accompany the national electrification agenda. “The commitment of the philanthropic organization of Akon will be of great help for the electrification of our country. It proves the impressive leadership of President Julius Maada Bio who was able to mobilize, in six months, the international good will to improve the daily…

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Mozambique Energy: Portugal EDP Takes Stake in Mozambique’s SolarWorks

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Mozambique Energy: Portugal EDP Takes Stake in Mozambique’s SolarWorks

Energias de Portugal SA (ELI:EDP) announced today it has acquired a minority stake in Mozambique-based off-grid solar marketing firm SolarWorks! for EUR 2 million (US$2.32m). The acquisition was made by EDP Renovaveis SA (ELI:EDPR), which led a fundraising round for the target. Venture building firm Persistent Energy Capital LLC also took part in the capital hike. SolarWorks! operates a pay-as-you-go (PAYGO) business in Mozambique and this new investment will help it expand in Southern Africa….

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Renewables: AfDB approves US$1 million grant for renewable energy in Angola

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Renewables: AfDB approves US$1 million grant for renewable energy in Angola

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (AfDB) has approved a US$1 million grant to Independent Power Producers (IPP) in Angola to encourage private investment in renewable energy. These funds will be used to establish a one-stop shop unit known as the Energy Project Implementation Support Unit (EPISU) that will work as an enabling environment for IPP/Public-Private Partnership (PPP) projects to improve bankability of projects. Additionally, it will also…

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