Renewable Energy

South Africa’s renewable energy registrations surged by 2 GW in Q3 2024, indicating a shift from loadshedding concerns to the economic and sustainability benefits of renewables.

Offshore wind energy could boost South Africa’s economy, create jobs, and provide up to 25% of the country’s energy mix by 2050 if key decisions are made

South Africa’s energy plan balances security and sustainability with renewables while promoting regional cooperation and innovative financing models

Equinor acquires a 9.8 percent stake in Orsted, adding 1.7 GW to its renewable energy portfolio, as both companies navigate challenges in the offshore wind sector.

The US government is investing $1.5 billion to fund four power grid projects aimed at increasing resilience and clean energy integration across multiple regions.  

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.

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 Despite potential, poor infrastructure and reliance on outdated power systems have worsened the crisis.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.

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 …