FG Launches Energy Transition Plan
Nigeria has launched its Energy Transition Plan as a determinable path to achieving universal energy access by 2030 and a carbon-free economy by 2060.
The plan is designed to tackle energy poverty and climate change crisis and deliver sustainable development goal seven (SDG7) by 2030 and net zero by 2060.
The plan is expected to lift 100 million people out of poverty, reduce Nigeria’s carbon footprint, drive economic growth and create jobs.
Vice president, Yemi Osinbajo said it was time for Nigeria and the African continent to take ownership of transition pathways and design climate-sensitive strategies that address peculiar growth objectives.
The plan was designed to tackle the dual crises of energy poverty and climate change and deliver SDG seven by 2030 and net zero by 2060.
Osinbajo said the transition plan requires a significant amount of resources, including spending $410 billion by 2060 to deliver a transition plan by 2060, which translates to about $10 billion per year.
Also Nigeria is setting up an inter-ministerial energy transition implementation working group that will engage with partners to secure an initial $10 billion support package ahead of COP27.
German Energy Giant Acquires Polish PV Project Pipeline
RWE, a German energy company, has acquired Polish photovoltaic (PV) project developer Alpha Solar alongside the company’s project pipeline of about 3 GW.
The value of the acquisition was not disclosed. The purchase expands the operations of RWE within the European renewable energy industry, boosting its global solar development pipeline to 10 GW.
The acquisition represents an excellent opportunity for RWE to diversify global solar footprint while enhancing local capabilities and renewables project pipeline in Poland.
“The country offers good locations for solar plants,” said Katja Wunschel, CEO of Onshore Wind and PV Europe & Australia, RWE Renewables.
Alpha Solar, based in Warsaw, was established in 2019 to provide comprehensive service in the solar development field.
The services offered by the company include location selection, land acquisition, project design, permitting and execution.
In Poland, RWE plans to build around 70 MW of new solar parks in 2022 and 2023, in addition to the capacity in Alpha Solar’s pipeline.
India Sets New PV Installation Record in First half of 2022
7.2 GW of photovoltaic (PV) parks were commissioned by the Indian solar industry in the first half of 2022.
This sets a new year-on-year record, bringing the country’s total installed capacity to 57 GW. The new additions in January-June were 59% higher than in the year-ago period when 4.5 GW of new installations came online, the latest report of Mercom India Research shows.
“Even with mounting challenges from supply chain constraints and rising costs, India had its best quarter and first half ever for solar,” said Raj Prabhu, CEO of Mercom Capital Group.
In the second quarter alone, the country put 3.9 GW of fresh solar PV capacity on stream, up 18% sequentially and 62.5% yearly.
The bulk of the new capacity came from the utility-scale sector, which accounted for 90% of the total new capacity with 3.5 GW of commissioned plants.
At the same time, the rooftop segment brought the rest.
Volta River Authority Commissions New Solar Project in Ghana
The Volta River Authority has commissioned a new solar photovoltaic power plant in the northwestern region of Ghana.
The plant was financed with a loan from the German development agency Kreditanstalt für Wiederaufbau (KfW).
The solar park is being built on a 20.4-hectare site in the Nadowli Kaleo district of northwestern Ghana.
President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo also visited this locality for the facility’s groundbreaking ceremony in February 2020.
The Volta River Authority (VRA), which initiated the project, plans to increase its capacity to 28 MWp.
The electricity generated by the new solar plant is fed into the grid of the state-owned Ghana Grid Company (GRIDCo) from the 161 kV Wa substation 15 km away.
Bui Power Authority to Develop Solar Power Plant in Ghana
Chief executive officer (CEO) of the BPA Bui Power Authority (BPA), Samuel Kofi Dzamesi, has announced plans to develop a 50mw solar plant in Yendi.
He said the contract has been signed and the project will commence soon. At the Bui enclave, the Authority has also started installing a 250mw peak solar plant to hybridise the 404mw hydropower plant, to enhance power generating in the country.
Dzamesi said the company is pursuing the acquisition of about eight-suitable solar sites spread throughout the country and the development of those sites.
“Our goal is to support socio-economic development by utilising natural resources for energy generation in a safe, reliable, and cost-effective manner,” he said.
Bui Power Authority operates the second largest hydropower plant in the country with a capacity of 404mw, situated at the Bui gorge on the Black Volta River.
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