Total, Siemens Energy to study sustainable solutions for CO2 emissions reduction

AFRICA – Total, an oil and gas company, and Siemens Energy, an energy technology company, have signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation. “This collaboration with Siemens Energy, a major player in the energy technology sector, brings many opportunities to further reduce the carbon footprint of our activities, especially in our strategic LNG business,” said Arnaud Breuillac, President Exploration & Production at Total. “The development of low-carbon LNG will contribute to…

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Global renewable energy capacity highlights for 2020

WORLD – According to International Renewable Energy Agency (IRENA) report, at the close of the year 2020, global renewable generation capacity amounted to 2,799 GW with hydropower accounting for the largest share of the global total, with a capacity of 1,211 GW. Wind and solar energy accounted for equal shares of the remainder, with capacities of 733 GW and 714 GW respectively while other renewables included 127 GW of bioenergy and 14 GW of geothermal, plus 500 MW of marine energy. In the same year, renewable generation capacity increased by…

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Electric motorbike company Ampersand Rwanda secures US$3.5m investment from VC fund Ecosystem Integrity Fund

RWANDA – Electric motorbike company Ampersand Rwanda Ltd has secured a US$3.5 million investment from Ecosystem Integrity Fund (EIF), its largest-ever venture capital fund investment in sub-Saharan Africa. According Ampersand founder/CEO Josh Whale, the deal marks a turning point in global electric transport. “EIF’s support further dispells the myth that electric transport will happen in rich nations first and trickle down to developing countries later, second-hand,” he added. The San Francisco-based Ecosystem Integrity Fund is a sustainability-focused venture capital company, which invests in companies that reduce or ameliorate threats to…

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French IPP Qair begins work on 30MWp solar power plants in N’Djamena, Chad

CHAD – French Independent Power Producer (IPP) Qair, formerly Qadran International, has commenced the construction of two solar power plants with a total capacity of 30MWp near the Chadian capital N’Djamena, expected to be operational in 2022. Qair, which is partly owned by the oil company Total, has been awarded two plots of land, one to the north and one to the south-east of N’Djamena, in the districts of Lamadji and Gassi. The Lamadji solar power plant will occupy a 40-hectare site while the second park under construction in the…

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FiveT Capital Holding launches world’s first clean hydrogen investment fund

 AFRICA – FiveT Capital Holding, an independent asset manager, has launched a private infrastructure fund, FiveT Hydrogen Fund, dedicated to delivering clean hydrogen infrastructure projects at scale. The Euro-denominated Fund intends to raise a total of US$1,189 billion (€1 billion) from a combination of financial and industrial investors. It will make largely minority co-investments into greenfield projects with key industrial players. The Fund has already received combined commitments intentions of US$218,7 million (€260 million) from Plug Power, Chart Industries Inc and Baker Hughes. In addition, Francisco Fernandez, founder and former…

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Siemens Energy appoints Nadja Haakansson as managing director for Africa

AFRICA – Siemens Energy, a world leading energy technology company, has announced the appointment of Nadja Haakansson as managing director for Africa. Siemens Energy has a rich heritage in Africa, stretching back over 160 years, and has played a significant part in pioneering sustainable and economic developments in numerous countries in Africa. As managing director for Africa, Haakansson will be based in Morocco, and responsible for supporting Siemens Energy’s business across the continent, as well as developing opportunities to meet the challenges of the energy transition, while improving access to…

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Solar energy producers in Zimbabwe granted tax relief for five years

ZIMBABWE – As part of its policy to encourage investment in solar energy, the Zimbabwean government plans to exempt investors from paying taxes for a period of 5 years in addition to the exemption of import duties on solar power equipment into Zimbabwe. The Zimbabwean government wants to take its strategy of attracting investment from solar energy producers in the country a step further. The country’s Minister of Energy said the government was looking into the possibility of exempting solar energy investors from taxes for a period of five years.…

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Digital financer Baobab+ secures US$4m to support its growth and expand its range

AFRICA – Baobab+, a digital finance company focusing on financial inclusion, has secured US$4.73 million from the Energy Entrepreneurs Growth Fund (EEGF), managed by Triple Jump, and the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI-OGEF), managed by LHGP Asset Management. The company obtained dual financing of US$2.37 million to support its growth and expand its range to new products and therefore promote socio-economic development in rural areas in Senegal and Côte d’Ivoire. “We are very pleased to team up with Baobab+ for EEGF’s first investment, and work towards…

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German company ecoligo commissions Kenya’s first floating solar system

KENYA – Berlin-based solar company ecoligo, which implements solar projects in emerging markets, has commissioned Kenya’s first ever floating solar plant. The 69 kWp system provides clean and affordable energy to the sustainable flower farm, Rift Valley Roses. The solar plant floats on one of the farm’s water reservoirs, saving space and providing many other benefits in addition to renewable energy. Rift Valley Roses has been pursuing the goal of sustainable, environmentally friendly production for years and in addition to rainwater catchment basins to reduce water consumption and biogas plants,…

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ENGIE to carry out the feasibility study on South Africa’s hydrogen valley

SOUTH AFRICA – ENGIE, electric utility company has announced  the signing of an agreement together with South Africa’s Department of Science and Innovation, South African National Energy Development Institute,  Anglo American, one of the world’s leading producers of platinum group metals, and Bambili Energy, the clean energy solutions provider, to carry out a feasibility study to create an “Hydrogen Valley” located on the Bushveld Complex and more broadly around Johannesburg, Mogalakwena and Kwazulu Natal. The first step of the feasibility study, which is carried out by ENGIE Impact, is to…

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