Emmanuel Agyapong, CHRBP.’s Post

In the last two decades, Africa has witnessed a decline in government-controlled electricity supply, prompting increased private sector engagement in solar energy for a more sustainable economy. South Africa stands out as a prime example of this shift. The region has seen a notable rise in solar energy adoption, fueled by investments in solar projects, government backing for renewable energy initiatives, and the deployment of rural solar technology. These advancements aim to enhance access to clean energy, reduce dependence on fossil fuels, and foster sustainable development. Key developments in the African solar energy sector include: - Africa Energies securing a $60 million solar project in Cote d’Ivoire. - British International Investment providing $2.6 million for solarizing Owendo Mineral Port in Gabon. - Daystar Power Group commissioning a 4.3 MW solar system in Ghana. - African Development Bank Group offering a $302.9 million loan to Mauritania and Mali for solar projects. - AMEA Power partnering with Mozambique's Hidropower for a 125 MW solar power plant. - Sustainable Power Solutions investing $10.7 million in a solar project in Namibia. - KEDCO set to commission 100 mini-grids in Nigeria. - ATIDI supporting a 20 MW solar project in Uganda. - World Bank, European Investment Bank, and Green Climate Fund funding a $735 million solar-powered Dakar BRT project in Senegal. - General Atlantic acquiring Actis, a company specializing in African energy infrastructure. - Sun King securing a $7 million unsecured debt for solar home systems. Omago Engr. & Tech. is actively engaged in the 3D fabrication of solar panels for residential and commercial electrification in South Africa and other African nations. Our focus is on investing in affordable, efficient, and sustainable solutions through the recycling of plastic waste materials. #SustainableEnergy #SolarPower #GreenEconomy#

Investing in renewable energy and a green transition could generate at least 3 million new direct jobs in Africa by 2030, according to a new report by FSD Africa, Shortlist, and BCG. The solar energy sector is projected to account for more than half of that total, while a quarter is to come from jobs in the agriculture sector. About a fifth of the jobs will be created in South Africa, Kenya, Nigeria, Ethiopia, and DR Congo. Achieving a green economy in Africa requires financial investments “estimated at over $100 billion annually,” but a skilled workforce is just as essential in “driving and benefiting” from the promise it offers. #renewableenergy #accesstofinance #greentransition https://lnkd.in/du5t5P_C

🌍 Private firms are driving revolution in solar power in #Africa 🌍 Globally most solar PV is built by utilities, but in Africa 65% of new capacity over the past two years has come from large firms contracting directly with developpers. These deals are part of a decentralised revolution that could be of huge benefit to African economies. 🌍 Ground zero for the revolution is #SouthAfrica. Last year saw a record number of blackouts imposed by #Eskom, the state run utility, whose dysfunctional coal-fired power stations regularly break down or operate at far below capacity. 🌍 Fortunately, as load-shedding was peaking, the costs of solar systems were plummeting. 🌍 Industrial users pay 20-40% less per unit when buying electricity from private project developers than on the cheapest Eskom tariff. 🌍 In the past two calendar years, notes AFSIA, the amount of solar capacity in South Africa rose from 2.8GW to 7.8GW, excluding that installed on the roofs of suburban homes. 🌍 The growth of solar is a key reason why there has been less load-shedding in 2024. 🌍 About half of African firms rely on diesel generators; in Nigeria their capacity is almost four times what the grid can reliably supply. But change is afoot: 🌍 nearly two-thirds of mines in sub-Saharan Africa produce renewable energy or are in the process of installing renewables. 🌍 "distributed renewable energy (DRE) has grown at a clip. Industry estimates suggest that 🌍 more than 400m Africans get electricity from solar home systems and that more than ten times as many mini-grids", most of which use solar, were built in 2016-20 than in the preceding five years. 🌍 In Kenya DRE firms employ more than six times as many people as the largest utility.🌍 In Nigeria they employ as many people as the oil and gas industry. "... The Economist,  June 22nd #Africa #development #Jobs #growth #Kenya #Mali #southafrica #entrepreneurship #cleanenergy #solarenergy Wolf-Dietrich Fugger Torsten Schreiber Thomas Rieger Dr. Bernhard Braune Dr. Jürgen Perschon

Ghana's power sector is vibrant and growing. With 27 power plants and annual production of 22,051 GWh, the country exports about 1,734 GWh. Despite some challenges, 87% of Ghanaians have access to electricity, with urban access at 95%. The Electricity Company of Ghana serves 79% of customers. Power generation is mainly from hydro (34.1%) and thermal (65.3%) sources, with natural gas as a key player. Renewables, including solar and bioenergy, are growing, contributing to Ghana’s sustainable energy future. However, issues like ageing infrastructure and fuel shortages limit availability. GRIDCo and key utilities like ECG, NEDCo, and EPC ensure distribution and reliability across the country. Tariffs and subsidies help maintain affordability and support strategic industries. Exciting investment opportunities are emerging; off-grid power solutions for rural areas, new transmission entities to compete with GRIDCo, and private distribution companies to challenge EPC. With consistent sunlight year-round, solar energy is a viable option for meeting Ghana’s electricity demands. READ MORE on TopGuide 2024 Edition… download >>> https://lnkd.in/dYNHhdR -------------- END --------------- Ghana Investment Promotion Centre - GIPC Diaspora Affairs Office, Office of the President (DAOOP), Republic of Ghana Ministry of Foreign Affairs and Regional Integration, Ghana Ghana South Africa Business Chamber UK-Ghana Chamber of Commerce EuroCham Ghana The World Bank #gipc #topreports #topguide2024 #africanbusiness #diasporaaffairs #worldbankGhana #InvestInGhana

#SMEs_and_SolarEnergy. The energy sector is meant to be the bedrock of a nation's economy, in addition to the fact that, economic development and GDP finds a common factor to compare with a country’s energy output, is not new. Therefore, for a productive economy and for rapid and secure economic advancement, the country must pay maximum attention to the optimal development and utilization of her energy resources and to the security of supply of her energy needs. To achieve this, a country therefore requires an efficient and productive energy sector investment. Developing countries like Zambia 🇿🇲 have over the years relied on government-sponsored energy sector investments. Solar energy, a renewable energy source, must be seen to be sustainable and supports the attainment of the MDGs. One of the measures of industrial progress of any country is the degree of development of sources of its energy to accomplish useful work. The discovery of sources of energy in nature, the transportation of energy in its various forms from one place to another and the conversion of energy to a more serviceable form are the essential parts of an industrial economy. SMEs must be at the center of any thinking 🤔 government to help them obtain a reliable energy source for them to remain productive.

ENERGY SUPPLY DISRUPTIONS IN AFRICA, ESPECIALLY GHANA In Ghana, energy supply relies heavily on hydropower. However, changing rainfall patterns and prolonged droughts have drastically affected water levels in key reservoirs like Lake Volta, leading to inconsistent power generation and frequent blackouts. The growing demand for electricity due to urbanization and industrialization adds further strain to the aging infrastructure. Moreover, sometimes poor investments and decisions by the government exacerbate the situation, leading to inefficiencies and missed opportunities for sustainable energy development. Frequent power outages hamper industrial productivity, affecting everything from manufacturing to small businesses. This impacts overall economic growth and job creation. For households, unreliable energy supply disrupts daily life, from cooking to education. To address these challenges, we need to diversify our energy mix by investing in renewable energy sources and modernizing our power infrastructure. Encouraging private investment in the energy sector and regional cooperation for energy trade can help stabilize the energy supply. By taking these steps, we can work towards a more resilient and reliable energy future. #EnergyCrisis #RenewableEnergy #SustainableDevelopment #Ghana #Africa #PowerInfrastructure #ClimateChange #EconomicGrowth #EnergySecurity #CommunityDevelopment #Hydropower #SolarEnergy #WindEnergy

Green Energy: Panacea to Nigeria Power Generation Imbroglio Nigeria's government must prioritize diversifying power generation and embracing green energy alternatives to ensure a safe, healthy, economical, and sustainable environment for its citizens. This is because traditional energy sources, such as fossil fuels, make Nigeria vulnerable to supply disruptions and global market price fluctuations. Transitioning to renewable energy sources can reduce dependence on imported fuels and promote cleaner air, water, and ecosystems, mitigating climate change's adverse impacts and protecting public health. Investing in renewable energy infrastructure can create job opportunities, stimulate economic growth, and foster innovation. This can diversify the economy and enhance resilience against economic shocks. Additionally, renewable energy solutions, such as decentralized solar power systems, offer cost-effective and sustainable ways to expand energy access to rural and underserved communities. Nigeria is a signatory to international agreements and initiatives aimed at combating climate change and promoting sustainable development, such as the Paris Agreement and the Sustainable Development Goals (SDGs). By diversifying its energy mix and reducing carbon emissions, Nigeria can fulfill its obligations under these agreements while contributing to global efforts to mitigate climate change and achieve a more sustainable future. In conclusion, Nigeria's government must prioritize renewable energy development to build a safer, healthier, more economical, and sustainable environment for current and future generations. #Renewable #Solarenergy #sustainability #greenenergy #cleanenergy #sdg #claimatechange #powercell Empower New Energy | Justrite Limited | Tayo Balogun | Hannah Shobajo POWERCELL LIMITED Powercell

Potent World Global Limited. is making continuous efforts and creating alternatives to build energy infrastructure through cooperation. 🌍 Building Sustainable Energy and Environmentally Friendly Infrastructure in Nigeria 🌱 As we look towards the future of energy and environmental sustainability in Nigeria, it's crucial to focus on building infrastructure that not only meets our current needs but also protects our planet for generations to come. Here are some key insights: 1️⃣ Investing in Renewable Energy: Nigeria boasts abundant solar and wind resources. By investing in renewable energy projects, we can harness these resources to provide clean and sustainable power to communities across the country. 2️⃣ Reducing Gas Flaring: Gas flaring poses significant environmental and health risks. Implementing technologies to minimize gas flaring and repurpose flared gas for energy production can mitigate these risks while also maximizing resource utilization. 3️⃣ Deploying Mini-Grids and Solar Power Stations: In regions with unreliable or inadequate electricity supply, the establishment of mini-grids and solar power stations can provide reliable and uninterrupted power, empowering communities and driving economic growth. 4️⃣ Enhancing Energy Efficiency: Improving energy efficiency in industries and buildings is key to reducing energy consumption and cutting costs. Embracing energy-efficient technologies and practices can boost productivity while reducing our carbon footprint. 5️⃣ Protecting the Environment: Preserving Nigeria's natural environment is paramount. Initiatives focused on biodiversity conservation, forest protection, and reducing air pollution are essential for sustainable development. By prioritizing these initiatives and investing in sustainable infrastructure, Nigeria can pave the way for a cleaner, greener, and more prosperous future. Together, let's work towards building a resilient energy ecosystem that benefits both people and the planet. #SustainableEnergy #RenewableResources #GreenInfrastructure #EnvironmentalSustainability #NigeriaDevelopment #CleanEnergyFuture 🌿💡

Policies are instrumental in shaping the energy landscape of every country. As the world evolves, they guide its transition from fossil fuel-dominated economies to energy-efficient ones. Therefore, measures to reduce energy waste, promote sustainable practices, and combat climate change ultimately revolve around effective governance. With Nigeria's rapidly growing population and ever-demanding economy facing significant energy challenges, the total power generated and transmitted daily is less than 20% of the current energy demand. Hence, the opportunity cost of #ENERGYWASTE is HUGE. According to the International Energy Agency (IEA), over 140 million Nigerians do not have access to reliable energy supplies, amounting to about 71% of the country's population. This is where energy efficiency standards can make a difference. Such policies outline the path for #energyefficiency, set the pace for its adoption, and harmonize the different sectors of the economy towards energy conservation. For example: ☛ Mandating energy audits for industries and commercial buildings. ☛ Incentivizing energy-efficient appliances and the installed base. ☛ Promoting renewable energy carbon credits. ☛ Raising awareness about energy conservation culture is an essential instrument for fostering sustainability. The Energy Commission of Nigeria (ECN) in particular, has been proactive in promoting renewable energy policies, but more work needs to be done in the area of efficient usage. I dream of a country where GREAT policies have transformed its energy scene and paved the way for an energy-robust future. At Fronthill Engineering, we are playing our part as the integration partner for energy-efficient solutions with clients like yours. Will you join the train? I am David Adeloye, fostering a sustainable future, one building at a time! Learn more ☛ www.fronthill.com.ng

POTENT WORLD GLOBAL LTD is making continuous efforts and creating alternatives to build energy infrastructure through cooperation. 🌍 Building Sustainable Energy and Environmentally Friendly Infrastructure in Nigeria 🌱 As we look towards the future of energy and environmental sustainability in Nigeria, it's crucial to focus on building infrastructure that not only meets our current needs but also protects our planet for generations to come. Here are some key insights: 1️⃣ Investing in Renewable Energy: Nigeria boasts abundant solar and wind resources. By investing in renewable energy projects, we can harness these resources to provide clean and sustainable power to communities across the country. 2️⃣ Reducing Gas Flaring: Gas flaring poses significant environmental and health risks. Implementing technologies to minimize gas flaring and repurpose flared gas for energy production can mitigate these risks while also maximizing resource utilization. 3️⃣ Deploying Mini-Grids and Solar Power Stations: In regions with unreliable or inadequate electricity supply, the establishment of mini-grids and solar power stations can provide reliable and uninterrupted power, empowering communities and driving economic growth. 4️⃣ Enhancing Energy Efficiency: Improving energy efficiency in industries and buildings is key to reducing energy consumption and cutting costs. Embracing energy-efficient technologies and practices can boost productivity while reducing our carbon footprint. 5️⃣ Protecting the Environment: Preserving Nigeria's natural environment is paramount. Initiatives focused on biodiversity conservation, forest protection, and reducing air pollution are essential for sustainable development. By prioritizing these initiatives and investing in sustainable infrastructure, Nigeria can pave the way for a cleaner, greener, and more prosperous future. Together, let's work towards building a resilient energy ecosystem that benefits both people and the planet. #SustainableEnergy #RenewableResources #GreenInfrastructure #EnvironmentalSustainability #NigeriaDevelopment #CleanEnergyFuture 🌿💡