Minister Ramokgopa’s vision for renewable energy in South Africa faces obstacles, including grid capacity and regulatory delays. Reforms are needed to fast-track green energy.
Renewable Energy
-
-
Nigeria, rich in natural gas, struggles with severe energy shortages. Despite potential, poor infrastructure and reliance on outdated power systems have worsened the crisis.
-
KEY POINTS The global goal to triple renewable energy capacity by the end of the decade is still attainable, but substantial investments in power grids and energy storage are required,…
-
The IEA stresses that the next round of NDCs will be crucial for tripling global renewable energy capacity by 2030, urging governments to boost commitments and investments.
-
Energy TransitionIn the News
EIB, FirstRand Bank Launch R7.9bn Green Energy Initiative in South Africa
KEY POINTS In a major step towards South Africa’s green future, the European Investment Bank (EIB) and FirstRand Bank have announced a joint initiative to boost renewable energy infrastructure and…
-
RMI’s groundbreaking study reveals how solar-powered mini-grids are slashing energy costs and boosting productivity in Nigerian agriculture, paving the way for rural economic transformation.
-
Gold Fields is boosting its renewable energy efforts at South Deep, with plans to expand its 50 MW solar plant and explore wind power. This move aims to reduce operational costs and carbon emissions, aligning with global trends towards sustainability in mining.
-
Exxaro Resources declares a lower interim dividend as revenue rises but profits fall sharply.
-
Indonesia lowers its local content requirement for solar power projects to 20%, aiming to boost renewable energy capacity and attract foreign investment.
-
Zambia tackles its energy crisis with imports, net metering, and renewable energy initiatives.