South Africa’s financial sector is moving to accelerate investment in renewables as coal-reliant national utility Eskom remains unable to ensure a reliable supply.
I argue that while the partnership could help South Africa shift to cleaner energy systems, its model of funding has drawbacks. First, it seems to favor the interests of foreign capital. Second, it is not going fast enough. An unjust starting point Many of the faults of South Africa's unj...
Investment in renewable energy in Africa fell to its lowest level in more than decade last year despite the continent's huge potential, experts said Wednesday at the COP27 climate conference. Only $2.6 billion of capital was rolled out for new wind, solar, geothermal and other renewable power-...
African countries are in a unique position to reap the socio-economic and environmental benefits of renewable resources as a means for meeting increasing energy demand in a sustainable way. A critical obstacle for the deployment of renewable energy technologies in Africa is the difficulty of attractin...
Renewable energy platform Ayana hits $721 million in funding as CDC, NIIF and GGEF agree to inject further capital Find out more CDC Group commits US $50 million to 100MW renewable power project in South Africa Find out more We’re partnering with Gul Ahmed Metro Group to scale renewable...
US community solar developer-operator Dimension Energy has closed a USD-284-million debt and equity funding deal supporting the construction of a 122-MW DC portfolio of community solar projects. Read more: https://renewablesnow.com/news/dimension-energy-gets-funds-for-multi-state-community-pv-port...
Africa’s energy landscape: A new era of electricity liberalisation Solar milking tech boosts dairy farms in Malawi 3 more… Nov 5, 2024 Ekah Theodora Onyowoicho posted blog posts Kenya leads Africa in agri-tech funding, fueled by established startup ecosystem Madica backs Nigerian clean energy ...
Over the past several decades, sustained economic growth has led to a surge in energy consumption inNortheast Asia, most notably, in China,JapanandSouth Korea. However, domestic supply has failed to meet the demand in energy, leading to two related outcomes: First, the widening gap between pro...
renewables (Stephen, 2018) and barriers to project finance (Barroco and Herrera, 2019). Current research seldom addresses how public policies can shape the selection of project finance versus corporate finance in funding renewable energy deployment....
Today energy has become a fundamental need; without energy consumption, no country can survive economically. Along with developed economies, developing cou