Media Monitoring, Wednesday 15 January

Egypt rushes to catch up on solar energy as gas prices soar

💵 Funding & finance

Ethiopian entrepreneurs score high for funding, drive solar and hydroponic innovations in rural areas

SahanTech Solutions, a renewable energy startup, is advancing with plans to address Ethiopia's critical energy access and agricultural productivity challenges. The company has made significant progress, securing an 84% investment eligibility score from Capital Connect, highlighting the project's potential for growth and success… (ModernGhana)

Osinbajo advocates stronger capital markets, increased global funding to boost investments in Africa’s green energy industry

Nigeria’s immediate-past Vice President, Prof. Yemi Osinbajo, yesterday stressed the need for African leaders to strengthen and deepen the region’s capital markets and financial institutions to be able to attract the right volume of investments into the emerging green energy industry and achieve a climate positive growth in the continent… (ThisDayLive)

APRA initiative set to boost Africa's renewable energy investment

At a press conference at the fifteenth session of the International Renewable Energy Agency (IRENA) Assembly in Abu Dhabi, Kandeh Yumkella, Chairman Presidential Initiative on Climate Change, Renewable Energy and Food Security, Sierra Leone said Africa has huge energy potential and the Accelerated Partnership for Renewables in Africa (APRA) can help finance this… (IOL)

☀ Solar Energy

Egypt rushes to catch up on solar energy as gas prices soar

With few clouds, vast empty deserts and a well-developed electricity grid, Egypt has all the elements for a huge expansion in solar power generation. But it is only now moving to exploit them, after the cost of natural gas imports jumped… (TheCitizen)

Hydrogen

Karabo Mokgonyana: SA’s green hydrogen deal risks deepening existing inequalities

SA recently announced a big step forward in its green hydrogen ambitions, backed by two EU grants totalling R628m (€32m). These funds are part of the EU’s Global Gateway initiative, aimed at accelerating the development of SA’s green hydrogen industry… (BusinessLive)

💼 Employment

Women and youth are the overlooked drivers of Africa’s energy transition

The transition to renewable energy in Africa presents an opportunity to promote gender equality and empower the youth… (Mail&Guardian)

 🌐 General

Power for progress: a call from African leaders and partners to electrify Africa

Yet, for 600 million people in Africa, this right remains out of reach. They lack access to the essential opportunities electricity provides: modern healthcare, quality education, greater quality of life, job opportunities, and economic growth… (TheWorldBank)

Just Energy Transition in Africa: Lessons from South Africa, Senegal - EnviroNews - latest environment news, climate change, renewable energy

Just Energy Transition Partnerships (JETP) have been introduced in recent years to provide financial support to developing nations as they transition away from fossil fuel. In 2021, during the 26th UN Climate Change Conference of the Parties (COP26), South Africa became the first nation to sign such a deal... (Environewsnigeria)

Africa Roundup: Pumped hydro in Morocco, solar and storage in Somalia, 'Largest mining microgrid' in Zambia

A roundup of energy storage news from across the continent of Africa, with Morocco’s ONEE shortlisting bidders for a pumped hydro project, Somalia launching a grid-scale solar and storage tender, and a microgrid pairing grid-scale solar, BESS and diesel at a mine in Zambia…. (EnergyStorageNews)

Best solar panels in South Africa

According to a major solar power product distributor and installer, six highly reputable solar panel brands offer the best performance and aftersales support for South African consumers… (MyBroadband)

CGN making more global moves for green energy

China General Nuclear Power Corp (CGN) made significant strides in expanding its international clean energy operations in 2024, marking key strategic breakthroughs in Laos, South Africa, Thailand and elsewhere… (Chinadaily)

Climate change and conflict: Africa's renewable energy paradox

The African continent is faced with an extremely difficult energy ‘trilemma’ – the largely underdeveloped bloc needs to find a way to manage its energy production and imports in a way that balances sufficient and reliable energy with affordability and sustainability… (OilPrice)