Cleantech Investment by AfDB

The African Development Bank, through its public and private sector departments, is currently implementing several clean energy projects and programs to address these priorities particularly in the energy and forestry sectors. The Bank’s energy portfolio currently stands at about USD2 billion. The AfDB provides two lending windows. The first is a public window, with mostly concessional funds available to governments. The second is a private window, which offers debt and equity on commercial terms.  The World Bank Group and the African Development Bank are in the process of applying to the Clean Technology Fund (CTF) Trust Fund Committee for use … Continue reading

Renewable Energy in Palestine

High population growth, increasing living standards and rapid industrial growth has led to tremendous energy demand in the Palestinian Territories in recent years. The energy situation in Palestine is highly different compared to other countries in the Middle East due to non-availability of natural resource, financial crunch and unstable political condition. Palestine is heavily dependent on Israel for meeting its energy requirements. Almost all petroleum products are imported through Israeli companies.  Israel controls energy imports into Palestine and thus prevents open trade in electricity and petroleum products between Palestine and other countries. Current Scenario Energy is increasingly becoming unaffordable for … Continue reading

Solar Energy in Morocco

Morocco, being the largest energy importer in North Africa, is making concerted efforts to reduce its reliance on imported fossil fuels. Renewable energy is an attractive proposition as Morocco has almost complete dependence on imported energy carriers. Morocco is already spending over USD 3billion a year on fuel and electricity imports and is experiencing power demand growth of 6.5 per cent a year. The National Energy and Energy Efficiency Plan was launched in 2008 which aims to develop renewable energy to meet 15 percent of the country’s energy demand and to increase the use of energy-saving methods.  According to the Moroccan Ministry … Continue reading

What is the Most Suitable Renewable Energy for the UAE

Renewable energy is a hot topic these days. You’ve probably heard of it, but you might not know exactly what it is. Renewable energy is energy that comes from resources that are naturally replenished over time. These resources include the sun, wind, water, and geothermal heat. Renewable energy option for the UAE Renewable energy comes from sources that are naturally replenished and includes solar, wind, water, geothermal, and biomass. The UAE has been a global leader in the adoption of renewable energy technologies and is now looking to expand its renewable energy portfolio. The most suitable type of renewable energy … Continue reading

Morocco-Nigeria Gas Pipeline: Economy Development or Environmental Disaster

An ambitious project concerning energy industry in Africa between Morocco and Nigeria was set to be constructed to enhance the acceleration of electrification projects across the West African region. The objective of Morocco-Nigeria pipeline project is aimed at creation of a competitive regional market of electricity, and to connect gas resources from Nigeria to West African countries including Morocco. The pipeline project will be approximately 5,660-km long and its construction works will be in phases covering 25 years. After feasibility studies in 2017, the two countries opted for a combined onshore-offshore route to build the pipeline. The two countries are … Continue reading

Renewable Energy in GCC: Need for a Holistic Approach

The importance of renewable energy sources in the energy portfolio of any country is well known, especially in the context of energy security and impacts on climate change. The growing quest for renewable energy and energy efficiency in the Gulf Cooperation Council (GCC) countries has been seen by many as both – a compulsion to complement the rising energy demand, and as an economic strength that helps them in carrying forward the clean energy initiatives from technology development to large scale deployment of projects from Abu Dhabi to Riyadh. Current Scenario The promotion of renewable energy (RE) is becoming an … Continue reading

Renewable Energy Prospects in Africa

With a sixth of the world’s population, Africa generates a measly four percent of the world’s electricity, three-quarters of which is used by South Africa and northern Africa. According to World Bank statistics, more than 500 million Africans (almost two-thirds of the total population) have no access to “modern energy.” Hydropower accounts for around 45% of electricity generation in sub-Saharan Africa (SSA) while biomass (mostly firewood) constitutes about 56 percent of all energy use in sub-Saharan Africa. Large-scale use of forest biomass is accelerating deforestation, and the World Bank estimates that 45,000 square kilometers of forest were lost between 1990 … Continue reading

Solar Energy in Oman: Potential and Progress

Solar energy is a vital and strategic solution for the provision of electric power in the Sultanate of Oman. Given the vast unused land and available solar energy resources, Oman has an excellent potential for solar energy development and deployment. Solar energy is a viable option in Oman and could not only cater to the growing need for energy diversification but also would help in economic diversification. With a total dependence on fossil fuels and increasing population combined with rapid industrialization in cities such as Duqm, Sohar and Salalah, Oman’s power infrastructure and hydrocarbon reserves pose a challenge on the economic … Continue reading

Changes On Your Home For A More Sustainable Living

Traditional houses were not built with the environment in mind. Most houses require a lot of energy for heating during cold seasons and cooling during hot seasons. A big percentage of houses are not oriented according to the direction of sunlight and wind to achieve better lighting and cooling. As the population continues to increase exponentially, some cities have started to experience the power and water shortage. This problem has led to frequent power and water rationing, especially during dry seasons. It is important for homeowners to renovate their houses so that they can reduce water and electricity consumption. Improve … Continue reading

Solar Energy in Saudi Arabia: Perspectives

Saudi Arabia, the epicenter of global oil industry, has been showing keen interest in solar energy in recent years. Saudi Arabia has one of the world’s highest solar irradiation in the world, estimated at approximately 2,200 thermal kWh of solar radiation per m2. The country is strategically located near the Sun Belt, in addition to plentiful availability of empty stretches of desert that may accommodate infrastructure for solar power projects. Vast deposits of sand can be used in the manufacture of silicon PV cells which makes Saudi Arabia an attractive location for solar industry. “The resource is stunning; land is … Continue reading

A Historic Timeline Of Renewable Energy

The oldest and most prominent sources of renewable energy can be separated into five clear categories – hydropower, solar energy, wind energy, geothermal energy and bioenergy. To document the history of these renewable energy sources from primitive use through the industrial revolution and into the 21st century, Compare the Market has created an infographic that tracks the known timeline of each source.   The research that went into informing the infographic also touches on the future of each energy source, including the countries that are leading the way by means of capacity and implementation of new technologies. Some of the most … Continue reading

Alternative Energy Prospects in Morocco

Morocco, being the largest energy importer in North Africa, is making concerted efforts to reduce its reliance on imported fossil fuels. The country currently imports 95% of its energy needs which creates strong dependence on foreign energy imports. Renewable energy is an attractive proposition as Morocco has almost complete dependence on imported energy carriers. Morocco is already spending over US$3 billion a year on fuel and electricity imports and is experiencing power demand growth of 6.5 per cent a year. Morocco is investing heavily in the power sector by building new power plants such as expansion of coal power plant in JorfLasfer and establishment … Continue reading