https://newsletter.en.creamermedia.com
Africa|Energy|Hydropower|PROJECT|Renewable Energy|Resources|Solar|Sustainable|Environmental
Africa|Energy|Hydropower|PROJECT|Renewable Energy|Resources|Solar|Sustainable|Environmental
africa|energy|hydropower|project|renewable-energy|resources|solar|sustainable|environmental

Sefa provides $1m to modernise Africa’s hydropower fleet

17th September 2021

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

African Development Bank (AfDB) managed fund, the Sustainable Energy Fund for Africa (Sefa), has approved a $1-million grant for the modernisation of Africa’s aging hydropower fleet.

The grant will fund the mapping and evaluation of African hydropower facilities’ rehabilitation needs.

It will also support the preparation of modernisation works for two pilot facilities to a bankable stage, a move that is expected to add 200 MW in generation capacity, create 150 jobs and reduce carbon dioxide emissions by about 300 000 t/y, the AfDB states.  

It adds that the modernisation of hydropower stations is an opportunity to increase generation capacity at low-cost and with relatively short lead-times and minimal environmental impact.

“Modern hydropower plays a key role for Africa’s energy transition, reducing reliance on fossil fuels and anchoring larger shares of variable renewable energy sources.

“This transformative programme under Sefa’s Green Baseload component will specifically capitalise on the significant market opportunity for the rehabilitation of Africa’s existing hydropower plants,” says AfDB renewable energy and energy acting director Dr Daniel Schroth

The bank notes that the project is fully aligned with its New Deal on Energy for Africa, which aims to provide universal access to energy for Africans and prioritises low-carbon technologies that harness the continent’s hydro, solar, geothermal and wind resources.

The programme will be implemented in partnership with the International Hydropower Association, which has participated in similar initiatives in Asia and South America.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (08/11/2024)
8th November 2024 By: Martin Creamer
Magazine round up | 08 November 2024
Magazine round up | 08 November 2024
8th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.074 0.176s - 194pq - 2rq
Subscribe Now