Africa’s Energy Industry has found itself under a harsh spotlight as global concern over climate change increases. Various governments and IOCs around the world are pledging and planning to reduce their emissions - with varying degrees of ambition - in response to global climate change. Approximately 140 global financial institutions...
The world is increasingly moving away from coal production The cost of financing coal projects has increased sharply Climate “bad banks” are seen as a solution to take over and wind down such assets Plans are under way to establish a transition vehicle Amid an increased focus on environmental...
Serengeti Energy in collaboration with the Private Financing Advisory Network (PFAN) has announced the launch of the 2022 Umoja Incubator which aims to help aspiring entrepreneurs in renewable energy to bring their project to financial close by improving the bankability of the most promising renewable energy projects through access...
The Northern Electricity Distribution Company (NEDCo) of the Volta River Authority (VRA) has clamped down on some hospitality operators and landlords for engaging in illegal power connections in the Northern and Savannah Regions. The exercise, undertaken by a team of NEDCo staff, found a good number of power consumers in...
Director-General of the Ghana Atomic Energy Commission (GAEC), Prof. Samuel Boakye Dampare, has clarified that the country has yet to finalise the specific technology it will employ to advance its nuclear power agenda. This revelation comes amid a backdrop of anticipation and cautious optimism surrounding the nation's energy future. Ghana’s nuclear...
…Toward new imperatives for natural resource diversification   Humanity is witnessing some of the most profound changes seen since the Great Depression. And, again, it is the vulnerable among us who will suffer the worst consequences. We are out on a limb, witnessing the most disruptive global transformational mutations observed in...
Christine Churcher, a former Minister of state under President Kufuor’s administration, has been appointed board chair of the Ghana National Gas Company. At a ceremony in Accra to officially inaugurate the nine-member board, the Chairperson, thanked the President for the confidence reposed in them and promised the board will deliver...
As the years go by, the footprint of extreme weather conditions on lives and livelihood is exacerbating with the blight accelerating across all the regions of the world. While these recurring climatic events signify a looming cataclysmic crisis, germane measures could be undertaken to nip climate change in the...
By Kizito CUDJOE The country's pursuit of achieving a 10 percent renewable energy target by 2030 faces renewed scrutiny, with energy experts warning of potential shortfalls. Initially conceived in 2003 under the Renewable Energy Development and Management Programme (REDP), the goal has only seen a modest achievement of about 0.8 percent...
The socio-economic hardship the global economy has experienced due to the Covid-19 pandemic over the past 18 months has been quite huge and of course devastating. The pandemic has brought in its wake massive job losses, supply chain disruptions, business collapse, revenue decline and disinvestments; aside the huge death...