Business and markets
Could climate change cause the next financial crisis? – Commentary
Climate change has the potential to trigger the next financial crisis, this is according to financing industry experts. Akin to the 2008 economic crash, experts believe climate change could cause a catastrophic collapse, but there is hope if Central Banks step in.
Renewable energy
Oyster Bay 140MW wind farm ready for operation
The Enel Green Power RSA 140MW Oyster Bay wind farm, situated in South Africa's Eastern Cape, undertook rigorous safety protocols to reach successful commercial operation.
Renewable energy
MyJouleBox secures funding to accelerate renewable needs in Benin
EDFI ElectriFI has invested a total of $2 million split (under the Benin Country Window funded by the European Union) for $600,000 into equity alongside Gaia Impact Fund and for $1.4 million into convertible notes together with Triodos Investment Management.
Business and markets
Webinar 24 August: The just energy transition and the wider energy...
The panel will address various interventions for ensuring the justness of the energy transition and how regions can share lessons that utilities can apply within their environments.
Finance and Policy
World way off track to meet climate goals says UN chief
With less than 100 days before COP26 in Glasgow, G20 ministers could not agree on the wording of key climate change commitments during their Ministerial Meeting on Environment, Climate and Energy.
Research and Development
Webinar 1 September: Hydrogen – hype or Africa’s hope?
Hydrogen as energy carrier, fuel source or way to store renewable energy is one of this year's buzzwords in the energy sector.
Renewable energy
Localisation means the entire renewable energy value chain could ‘win’
South African Wind Energy Association (SAWEA) and the South African Photovoltaic Industry Association (SAPVIA) recently hosted a webinar where industry experts shared their insights on the opportunities renewable energy presents not only for the possible bidders but also the entire renewable energy value chain.
Solar
Old Mutual Zimbabwe applies and to construct and operate power plant
Old Mutual Life Assurance Company have applied to the Zimbabwe Energy Regulatory Authority (ZERA) to construct, own, operate and maintain their own power plant at their head office.
Generation
Tender: Supply and delivery of coal for ZPC power stations
The Zimbabwe Power Company invites bids for the supply and delivery of coal for the Bulawayo, Munyati and Harare Power Stations.
Business and markets
MIGA $6.5bn COVID-19 programme supports developing countries
The Multilateral Investment Guarantee Agency (MIGA) in financial year 2021(FY21) issued $5.6 billion in CVID-19 relief to date as part of their $6.5 billion COVID-19 Response Program. In FY21, 25% of MIGA issuances were in low-income countries and fragile settings and 26% went towards supporting climate finance.
