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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

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... →