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Batteries and decentralised power seen as key way to boost security of supply

By: Cameron Mackay     1st July 2022 Industry body the South African Energy Storage Association chairperson Mikhail Nikomarov emphasises the importance of a decentralised power system and the benefits it can provide, and how this can be supported using battery energy storage systems (BESS) in the local market. “Energy storage... 

Red Sea multi-utilities project, Saudi Arabia

By: Sheila Barradas     1st July 2022 The Red Sea multi-utilities project is the world’s most ambitious regenerative tourism project. 

Batteries and decentralised power seen as key way to boost security of supply

By: Cameron Mackay     1st July 2022 Industry body the South African Energy Storage Association chairperson Mikhail Nikomarov emphasises the importance of a decentralised power system and the benefits it can provide, and how this can be supported using battery energy storage systems (BESS) in the local market. “Energy storage... 

Itaipu hydropower plant upgrade, Brazil and Paraguay

By: Sheila Barradas     24th June 2022 Itaipu Binacional is upgrading the Itaipu – the second-biggest hydropower plant in the world in terms of installed capacity.  

British International Investment commits $200m to hydropower in Africa

By: Darren Parker     23rd June 2022 UK development finance institution British International Investment (BII) has committed $200-million over the next several years to help fund hydropower projects in Africa. This would be the largest investment in hydropower by BII in its 74-year history. 

WWF report calls for insurers to block high-impact hydropower projects

By: Darren Parker     22nd June 2022 Nonprofit organisation the World Wide Fund for Nature (WWF) has released a comprehensive Insurers’ Guide to Hydropower, which calls for insurers to block high-impact hydropower projects, while offering advice on the assessment and management of the risks posed by hydropower to people, nature and... 

Finance ‘sea change’ needed for Africa to meet $190bn/y energy investment goal 

By: Terence Creamer     20th June 2022 Achieving Africa’s energy and climate goals by 2030, including universal access, will require a more than doubling in energy investment this decade, rising to a yearly rate of $190-billion from 2026 to 2030, a new International Energy Agency (IEA) report shows. It will also require the connection... 

Hydro project achieves commercial operation

27th May 2022 The Nyamwamba 11, 7.8MW hydropower project reached its PPA Commercial Operation Date (COD) on March 17, 2022. 

China’s slumping economy to cut coal use even as output swells

By: Bloomberg     26th May 2022 China’s demand for thermal coal is likely to keep falling through the rest of the first half, as virus restrictions continue to mire the economy in a deep slump. Alongside measures to boost output and build stockpiles, that’ll give China a better chance of satisfying peak power demand over the... 

IFC signs agreement to support 1 500 MW Mozambique hydropower project

By: Schalk Burger     25th May 2022 Development finance institution the International Finance Corporation (IFC) has signed a collaboration agreement with the Mphanda Nkuwa Hydroelectric Project Implementation Office (GMNK) to develop a 1 500 MW hydropower project and associated transmission facilities to increase access to clean... 

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