Page 16 - AfrElec Week 39 2021
P. 16

AfrElec                                      NEWS IN BRIEF                                            AfrElec







       dedicated, near-constant source of flexible and   Miano.                   Egypt and Sudan say they want a legally
       predictable renewable energy.          She added that the facility would conceive   binding agreement, while Ethiopia says any
         The project is currently making progress   ideas that will change the company’s business   pact should be advisory.
       in gaining the requisite regulatory and   and the energy sector for good.
       government approvals in Morocco, according   At the same time, the MD said the
       to Xlinks.                          company had put in place measures to ensure
         It is the first project from the business,   that the employees and contractors working   SOL AR
       which has a top team consisting of Simon   on the project were safe and observing the
       Morrish, founder of Levitate Capital as CEO,   laid-down protocols for COVID-19.  Sun Africa seals solar deal
       Paddy Padmanathan, president and CEO of   The KenGen CEO thanked the local
       independent power producer ACWA Power   community for continuous support over   in Angola
       as vice chair and Sir Dave Lewis, former CEO   the years noting that the project had so far
       of UK supermarket chain Tesco, as executive   benefited the local community through   An agreement was recently signed between
       chair. In Morocco, Xlinks is chaired by Dayae   provision of employment for skilled, and   the Angolan government and Sun Africa. The
       Oudghiri.                           semi-skilled workforce.              U.S. Company will provide drinking water
         As part of the project, four 3,800km high-                             and install solar power systems in several
       voltage direct current (HVDC) sub-sea cables                             localities in southern Angola. The project
       are to be laid in waters skirting the coasts of                          will be implemented in partnership with the
       Portugal, Spain and France before linking to   HYDRO                     American company Africa Global Shaffer.
       Britain’s electricity network via two 1.8GW                                This is one of the outcomes of the
       connections in the county of Devon.  Egypt’s stance on GERD              roundtable discussion recently initiated by
         Xlinks said that utilising the UK’s                                    the U.S.-Angola Chamber of Commerce. The
       Contracts for Difference renewable auction   strengthened by UN          U.S. Company Sun Africa has agreed with
       scheme (CfD) would make the project a                                    Angolan authorities for an investment of 1.5
       source of revenue rather than cost, delivering   Security Council statement:   billion dollars in the southern part of Angola.
       energy at £48 ($63.43)/MWh CfD, below the                                The funds will finance the installation of
       government Department for Business, Energy   MP                          drinking water supply systems in this semi-
       and Industrial Strategy’s (BEIS’) central                                arid region. The company, which already has a
       forecast for energy prices.         A member of the Foreign Affairs Committee   headquarters in the capital Luanda, will make
                                           in the House of Representatives Tarek al-  these investments in the southern provinces
                                           Khouly, said that Egypt’s position on the   of Cunene, Namibe, Cuando Cubango and
                                           Grand Ethiopian Renaissance Dam (GERD)   Huíla.
       R&D                                 issue has been strengthened after the recent   Sun Africa plans to raise the necessary
                                           UN Security Council resolution.      funds for its project from the U.S. Export
       KenGen launches R&D                 statement in mid-September on the GERD   Credit Agency (US Eximbank), a Washington-
                                              The UN Security Council issued a
                                                                                based financial institution that supports
       centre                              dispute encouraging Egypt, Ethiopia and   U.S. companies’ exports to various world
                                                                                markets. Part of the funds will be used
                                           Sudan to resume negotiations, under the
       Kenya Electricity Generating Company PLC   President of the African Union to finalize   for electrification, including all municipal
       (KenGen) has kicked-off the construction of   a binding legal agreement on filling and   headquarters and major municipalities in
       a Research and Development (R&D) Centre   operating the dam.             southern Angola.
       at Tana Power Station located in Murang’a   Khouly explained that Egypt has the full   While very few technical details are
       County, in a move to boost innovation in the   right in this case. He said it demands justice   available at this time regarding this project,
       company.                            and not to harm the interests of any party,   Sun Africa and its partner Africa Global
         The construction of the Centre, which will   with Egypt fully supporting all development   Shaffer plan to achieve electrification via solar
       also double up as an archive for the Company,   in Africa.               photovoltaic energy. After the signing of the
       is expected to take 18 months to completion,   He added that Egypt has also helped and   contract, the period of execution of the project
       making KenGen one of the first public sector   participated in many development projects   will be defined. The two companies already
       entities in Kenya to establish such a facility.  within Africa, and therefore Egypt’s position   expect the project to last two years.
         Speaking during the foundation stone   is clear from the beginning that it is not   “The electrification of Angola will be
       laying ceremony, KenGen Managing    against development anywhere as its many   done either by conventional solutions, with
       Director and CEO Rebecca Miano said the   partnerships can testify.      the extension of lines and the construction
       project which was five weeks ahead of its   Water is an existential issue for the   of substations, or by using solar energy. The
       implementation plan is part of KenGen’s   Egypt, he said, and therefore Egypt by its   United States is one of the leading countries
       overall Diversification Strategy and would go   commitment to international laws and   in the installation of these systems, mainly in
       a long way in helping the NSE-listed firm to   agreements, is steadily urging the UN to   remote areas, where this solution is the most
       identify and implement new revenue streams   assume its responsibilities in the face of   available and accessible,” says João Baptista
       much faster.                        continuous Ethiopian intransigence now   Borges, the Angolan Minister of Energy and
         “With this facility, KenGen employees   made clear to the entire world.  Water.
       now have a place to carry out trials, tests,   He stressed that Ethiopia must abide by
       experiments and pilot new business in the   international law and international norms,
       context of our diversification strategy,” said   and commit to a political solution.




       P16                                      www. NEWSBASE .com                      Week 39   30•September•2021
   11   12   13   14   15   16   17   18