Decentralised microgrids a solution to Africa’s mobility crisis

The development of decentralised microgrids that run on renewables should be encouraged and enabled throughout Africa to allow for the adoption of electric vehicles (EV) in remote areas, which would contribute significantly towards resolving mobility challenges across the continent. The proposed solution was supported by several panellists during an African Energy Indaba webinar dealing with energy for transport in Africa on March 2.
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M&R expects to add to record R61bn order book over coming year

Engineering and contracting group Murray & Roberts (M&R) reported a strong recovery in earnings for the interim period to December 31, as well as another increase in its order book, which rose to a record R61.1-billion. The JSE-listed group reported attributable earnings of R55-million and headline earnings a share of 29c, representing a marked improvement on the R167-million attributable loss and 8c a share headline loss reported in the corresponding period of 2021.
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Energy efficiency part of net-zero journey, but investments, renewable energy needed for broad …

Energy efficiency is an important component to reaching net-zero greenhouse-gas emissions, lifting people out of energy poverty and enabling development, but requires public and private investment to secure these benefits, as well as growing development and use of renewable energy sources, speakers said during the African Energy Indaba ‘Role of Energy Efficiency in Achieving Net Zero’ panel discussion on March 2. Renewable energy engineering, procurement and construction company Turnkey Solar Solutions CEO Maurits Perold said various case studies, and the company’s own experiences in implementing projects, show that phased energy efficiency initiatives contribute to offsetting about 7% to 10% of total energy costs.
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Several factors limiting financial support for African renewable energy projects

There are significant opportunities in Africa for renewable energy but securing financial backing for projects can be a problem owing to a number of challenges facing the investor community. This was indicated by speakers during a panel discussion at the African Energy Indaba on March 1.
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New SAIIA paper highlights IMF’s role in supporting South African just transition

Global finance organisation the International Monetary Fund (IMF) has an important role to play in supporting South Africa’s just transition away from fossil-fuel dependence, independent think-tank the South African Institute of International Affairs (SAIIA) has found. The organisation this week launched a new research paper that seeks to explore the potential role of the IMF in supporting the country’s just energy transition.
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