Page 3 - AfrElec Week 50 2020
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AfrElec CONTENTS AfrElec
COMMENTARY
Global electricity demand set for modest
rebound after rapid fall in 2020 4
INVESTMENT
Green investment forecast to return to pre-COVID levels in 2021 6
INVESTMENT
AfDB secures $90mn in donor commitments
to fund sustainable generation 7
HYDROGEN
Green hydrogen has potential to compete with fossil fuels by 2030 8
ESKOM
ABB agrees to refund Eskom $105mn 9
RENEWABLES
Nigeria opens EU-supported solar off-grid projects 9
HYDRO
Ethiopia, Sudan, Egypt all claim to be ready for
GERD talks, but no breakthrough yet 10
GAS -TO -POWER
Globeleq secures $250mn in debt funding forTemane gas-to-power
project 11
NEWS IN BRIEF 11
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