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AfrElec RENEWABLES AfrElec
Norfund and Africa 50. The project has a 25-year 1.75%, compared with 160.9 TWh (80%) from
power purchase agreement (PPA) with EETC. gas and 13.5 TWh (6.75%) from hydro, accord-
Elsewhere across the country, Siemens ing to government figures.
Gamesa has built eight wind farms in Egypt with Including fuel oil, fossil fuels account for
1,200MW of total capacity. 90% of the country’s power needs, while CO2
The Ministry of Electricity aims to produce emissions have reached 224.2mn tonnes and are
20% of its energy from renewable sources by rising.
2022, and 42% by 2035. Egypt currently has 50,000MW of installed
The total installed capacity of the renewable capacity. This includes 2,400MW of hydro,
energy sources is 5.5GW, including 2.8GW from 1,000MW of wind and 170MW of solar.
hydroelectric plants (HPPs), and about 2.7GW Alongside renewables, Egypt is also devel-
from wind and solar plants, including 1.4GW oping 4,800MW of nuclear power together
from the Benban Solar Complex. with Russia at El Dabaa, and is implementing
However, fossil fuels continue to dominate 14,500MW of gas-fired capacity in conjunction
power generation, while renewables accounted with Siemens.
for just 3.5 TWh of generating output in 2018, or
US supports solar, hydro
development in Nigeria
NIGERIA THE US Trade and Development Agency partner, Konexa, is a Nigerian entity established
(USTDA) has awarded a grant to Abuja-based to develop viable business models to accelerate
Konexa for a feasibility study that will evaluate energy access in developing countries.
Nigeria’s access to reliable, privately generated The announcement comes after the USTDA
renewable electricity. in July awarded a grant to Nigerian natural gas
At stake is a potential 2.5MW of solar capac- supply company Green Liquefied Natural Gas
ity and 30MW of hydropower in the state of (GLNG) to support the increased utilisation of
Kaduna in the north-west of the country. natural gas for power generation, local industry
The study will help Konexa enhance electric- and additional economic growth.
ity distribution for residential, commercial and USTDA’s grant will assess the viability of an
industrial customers in Kaduna State using US LNG liquefaction and distribution facility and
technological solutions. associated regasification and distribution sta-
“This project will support the development of tions in Southwestern Nigeria.
critical energy infrastructure and an innovative GLNG selected the US company NOVI
business model to improve Nigeria’s electricity Energy to conduct the study.
generation, transmission and distribution as GLNG has been in discussions with Nigerian
well as enhance the supply of energy to off-grid financial guarantor InfraCredit to support the
customers,” said USTDA acting director Thomas project. “We are pleased to have established this
Hardy. strategic relationship with USTDA. By provid-
“It demonstrates USTDA’s commitment to ing project preparatory assistance to our client
supporting Nigeria’s economic growth while cre- projects like GLNG, USTDA is helping develop
ating opportunities for US companies to develop bankable infrastructure projects in Nigeria,
world-class infrastructure.” which will expand the market for much-needed
USTDA’s grant will help define the technical good quality projects that can access long-term
specifications, project economics and regula- domestic credit with InfraCredit’s local cur-
tory and legal requirements to develop 2.5MW rency guarantees,” said Chinua Azubike, CEO
of solar photovoltaic (PV) energy, as well as pro- of InfraCredit.
cure and distribute 30MW of hydroelectricity This project supports the US government’s
within the service area. Prosper Africa, Power Africa and Doing Busi-
A US company will be selected on a com- ness in Africa Initiatives.
petition basis to carry out the study. USTDA’s
P10 www. NEWSBASE .com Week 32 13•August•2020