Fostering increased collaboration between private players and regional governments will be crucial to optimise renewable energy resources at a larger scale.
African Infrastructure Investment Managers (AIIM)
Sasol signed on to the PPA in January. The petrochemical company is shifting away from coal to gas, ultimately aiming to focus on green hydrogen.
Sasol said it was committed to cutting its emissions by at least 30% by 2030 and that green hydrogen would play a key role in transforming South Africa’s economy.
Starsight Energy and SolarAfrica have set out a plan to merge and expand into new areas, particularly Francophone West Africa.
The UK’s decision to restrict export funding for overseas energy projects is harming the country’s own suppliers, while not having an impact on hydrocarbon use.
Private equity investors are lining up to support African infrastructure in response to concerns around climate change.
Endeavor Energy achiever commercial operations at its Twin City power plant in Ghana at the end of July, it reported.
Creation of a strong national oil company is essential to meeting South Africa’s energy needs, Minister of Mineral and Energy Resources Gwede Mantashe has said.
South Africa’s Reatile Group and African Infrastructure Investment Managers (AIIM) have teamed up to buy a 30% stake in Sasol’s Mozambique pipeline.
Solar developer Starsight Energy is expanding from its West Africa roots with a move into East Africa.
“Natural gas has a vital role to play alongside renewables” in Africa, African Infrastructure Investment Managers’ (AIIM) managing director Sola Lawson told Energy Voice.