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 →
The use of asbestos has been a widespread issue that continues to impact countries on a global scale. As a favored material used in buildings and construction projects throughout the 20th century, asbestos held an incredible appeal as a mineral known for its heat and fire resistant properties. For decades, this substance was synonymous with manufacturing and development. However, it was soon discovered that once asbestos was disturbed or damaged, the fibrous material could have a fatal effect on those that came into contact with it. Asbestos in the United States Despite its known dangers, asbestos continues to pose a … Continue reading →
Demand for electricity in South Africa has increased progressively over several years and the grid now faces supply and demand challenges. As a result, the Department of Energy has implemented a new Integrated Resource Plan to enhance renewable energy generation capacity and promote energy efficiency. Solar photovoltaic (PV) and concentrated solar power (CSP) are set to be the main beneficiaries from the new plan having their initial allocation raised considerably. Daily power demand in South Africa has a morning and evening peak, both in summer and winter. This characteristic makes CSP with storage a very attractive technology for generating electricity … Continue reading →
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