AfrElec Week 47
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Issue 228 28•November•2019 Week 47
Coal’s decline
New research forecasts falling global coal-fired generation in 2019, as declining output in the EU and US outpaces expansion in Asia
Optimistic plans
The South African government’s plans for Eskom were dubbed somewhat optimistic by S&P Global Ratings, with not detail yet on debt reform
Gas to power
Senegal aims to use its offshore reserves of natural gas to fuel a new generation of thermal power plants and provide universal access to power
Indian investment
India’s Avaada Energy has received $15mn in equity funding from France’s Proparco to help build 5GW of solar capacity in Africa and Asias
