Page 1 - AfrElec Week 25 2021
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Issue 306 24•June•2021 Week 25
Renewables undercut coal
162 GW, or 62%, of new renewable capacity was cheaper than new fossil
fuel-fired generation in 2020, IRENA says
Carbon tax threat
South Africa’s exports to Europe could be negatively affected when the EU
imposes carbon taxes on imports, as the country is heavily reliant on coal-
fired electricity
Private equity funding
The private equity Africa Renewable Energy Fund II has raised €130mn,
with a final €17.5mn from the AfDB
