The Covid-19 pandemic has hit renewable energy companies worldwide and its effects put at risk what the community has ardently worked for in the past years: affordable, reliable, sustainable and modern energy for all. Recent sector surveys paint a picture of challenges ranging from a decrease in revenue, shortage of working capital, HR concerns and supply chain disruption, to uncertainty about credit risk management.
Within five years, the São Tomé and Príncipe electricity grid should become more stable, thanks in part to the AfDB contribution who finances the Energy Transition and Institutional Support Programme (ETISP) launched in January 2020 in the country, as well as the Economic Reform and Power Sector Support Program – Phase I (ERPSSP-I).
FUNAE has issued a request for expressions of interest to seek consultants to draft feasibility studies and project outlines for 11 solar mini-grids. The projects are part of the government’s efforts to use the financing received from the World Bank under the Energy for All (Proenergia) project.
Clean energy can provide affordable solutions that are in line with climate targets and can help mitigate the effects of the COVID-19 crisis on people’s livelihoods and local economies.
In March this year the Green Mini-Grids (GMGs) Africa Regional Facility programme officially closed, marking 5 years of DFID support to the development of the sector in Africa. That support is continuing seamlessly, into a second phase, now as part of the wider Africa Clean Energy (ACE) programme.
EDPR, Member of ALER, has established several donation programs, together with their partners SolarWorks! and Rensource.As a result, a proposal for equipment donation was drawn up in accordance with the identified needs and local availability of the materials.
UNIDO, partners of ALER, with funding from the GEF, has been working in partnership with the country’s Ministry of Public Works, Infrastructure, Natural Resources and Environment (MOPIRNA) to help the small island country to implement a project to promote renewable energy and energy efficiency investments in the electricity sector.
The Covid-19 Relief Response is coordinated by the Energy Access Action Network, a coalition of leading companies, investors, industry associations, and sector support providers from across the off-grid sector. The Network is developing important early interventions to support the industry through the economic impacts of the Covid-19 pandemic.
In order to increase our value offer, ALER presents the new exclusive service for ALER Members and sponsors: the publicationn of Market Sheets. These market sheets aim to provide a brief overview of the renewable energy sector in the PALOP countries and list the main existing or planned programs and projects.
International Renewable Energy Agency (IRENA) launched two new reports, “Renewable Capacity Statistics 2020” on renewables growth until now and “Global Renewables Outlook: Energy transformation 2050” that shows the path to create a sustainable future energy system.