|

Nigeria installs advanced SCADA systems for power grid management

The Nigerian government has announced the installation of advanced supervisory control and data acquisition (SCADA) systems to transform the management of the national power grid. Funded by the World Bank, this initiative is part of the Nigerian electricity transmission access project aimed at upgrading the country’s energy infrastructure. The new SCADA systems enable real-time monitoring and control, improving response to power outages and load management. Installed at over 100 substations, including Lagos’ Apapa substation, and supported…

|

MIGA and ISA launch Solar Facility to boost global energy access

The Multilateral Investment Guarantee Agency (MIGA) and the International Solar Alliance (ISA), supported by the Indian government, have launched the MIGA-ISA Solar Facility, a multi-donor trust fund to expand global access to renewable energy. This facility will combine ISA’s technical expertise with MIGA’s financial mobilization capabilities, offering concessional financing and reinsurance to improve the viability of solar energy projects and reduce the cost of MIGA guarantees. Focusing initially on Sub-Saharan Africa, with plans for global…

|

India eyes pipeline network for cost-effective green hydrogen transport, study underway

The Indian government has launched a study to assess the costs and reliability of transporting green hydrogen through pipelines from renewable energy regions to ports, for both domestic consumption and export. The study, led by a team including GAIL, Indian Oil Corporation (IoCL), the Central Electricity Authority (CEA), and NTPC, will explore the feasibility of transporting green hydrogen either via power transmission lines or pipelines. Ghanshyam Prasad, Chairperson of the CEA, noted the challenges of…

|

ISA to launch $100 million fund for solar power in Africa

The International Solar Alliance (ISA) will launch a $100 million Global Solar Facility to catalyze up to $1.5 billion in funding to expand decentralized solar power in Africa, where over 700 million people lack access to electricity. ISA is also developing an insurance mechanism to boost funding in poorer countries. Both initiatives will be announced at ISA’s first international solar festival, scheduled for Thursday and Friday in the national capital. ISA Director General Ajay Mathur…

|

Pollution tax can drive green transformation in Bangladesh

Despite its low per capita greenhouse gas emissions of 1.29 tonnes of CO2 equivalent—well below the global average of 4.58 tonnes—Bangladesh faces significant environmental challenges due to inefficient technologies causing high levels of pollution. To address this, the government is considering a pollution tax on environmentally damaging sectors to generate revenue, which can be reinvested to reduce pollution and promote sustainability. Currently, Bangladesh imposes an environmental surcharge on owners of multiple vehicles. Expanding this to…

|

Andhra Pradesh to launch Integrated Renewable Energy Policy with major investments

The Andhra Pradesh government will soon unveil an ‘Integrated Renewable Energy Policy,’ following Brookfield’s announcement to invest over Rs 500 billion in the state over the next three to five years. The policy will cover solar, wind, hybrid energy, energy storage, green hydrogen, biofuels, and electric vehicle charging infrastructure. Brookfield’s joint venture with Axis Energy, Evren, plans to install a total of 8,873 MW of solar and wind capacity in Andhra Pradesh. State Minister Nara…

|

Hydropower: Achieving Global Renewable Energy Targets

At the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) in Dubai, global governments pledged to triple renewable generation capacity from 3.8 TW in 2022 to 11.2 TW by 2030. This increase in variable renewables poses grid security and flexibility challenges. Hydropower, among low-carbon options, is the most versatile and cost-effective solution for grid stability. Its key strengths are flexibility and resilience, complementing variable renewables with services ranging…

|

Hydropower for Sustainable Development

Hydropower has a history dating back to the late 19th century, contributing to societal and economic development. However, the sector faced challenges, particularly in the 1990s, when numerous projects were criticized for their adverse environmental and social impacts. This criticism led to a decline in new projects and heightened scrutiny. The establishment of the World Commission on Dams (WCD) in 1998 marked a shift towards more sustainable practices. The WCD set guidelines to safeguard the…

|

Toyota Tsusho expands Gulf of Suez Wind Farm II to 654 MW capacity

Toyota Tsusho Corporation, alongside Eurus Energy, Engie S.A., and Orascom Construction PLC, has announced an expansion of the Gulf of Suez Wind Farm II in Egypt, increasing its capacity from 504 MW to 654 MW. This development will make it the largest wind farm in Africa by installed capacity, aligning with Egypt’s goal to generate 42% of its energy from renewable sources by 2030. The Gulf of Suez Wind Farm II is located in the…

Power Sector News Roundup for November 11, 2024

Global: COP29: IEEFA urges banks to reorient lending for renewables; $400 billion annual funding shortfall identified Tongyeong Eco Power’s 1GW LNG plant begins operations in South Korea Oklo secures environmental permit for fission power plant in the United States India: Battery storage critical for India’s shift from coal; renewable capacity lags behind TERI unveils policy brief outlining India’s green hydrogen roadmap towards decarbonization India’s climate policies poised to cut 4 billion tonnes of CO₂ by…