• About Us
  • Partners
  • Contact
Saturday, May 10, 2025
  • Login
No Result
View All Result
NEWSLETTER
The Energy Intelligence
  • Home
  • Solid Minerals
  • Oil
    Maersk Drilling secures $12.1 million contract from Dana Petroleum Netherlands B.V.

    Maersk Drilling secures $12.1 million contract from Dana Petroleum Netherlands B.V.

    SPE ex-Chair picks holes in petroleum subsidy removal

    SPE ex-Chair picks holes in petroleum subsidy removal

    Axxis Geo Solutions names

    Axxis Geo Solutions names Ronny Bøhn as new CEO

    Equinor transfers operatorship of Bressay project to EnQuest

    Equinor transfers operatorship of Bressay project to EnQuest

    Aker Solutions Secures Brownfield Services Contract for Hebron Platform in Canada

    Aker Solutions secures Brownfield services contract

    We have also been able to maintain stable operations and implemented several measures to safeguard our financial strength,” says Eldar Sætre, President and CEO of Equinor ASA.

    Amid Covid-19, Equinor presents impressive Q2 results

    The two entities will join forces to create a new supplier company with a stronger position as a solid execution partner, enabling sustainable, low-carbon oil and gas production, and accelerating growth in renewable energy industries.

    Norwegian oil services firm Aker Solutions announces merger with Kvaerner, names new CEO

    Aker Solutions won several new contracts for projects on the Norwegian Continental Shelf in June, and the order intake is expected to be about NOK 7 billion in the quarter.

    Improved Q2 results for Aker Solutions

    On behalf of the Oseberg partners, Equinor has awarded Aibel a portfolio agreement for the Oseberg fields for the period 2020-2026.

    Aibel awarded Oseberg portfolio agreement

  • Marine Services
  • Industry News
    Sweden, Denmark leading the energy transition

    Sweden, Denmark leading the energy transition

    Nigeria dominates solar offgrid sales in West Africa

    Nigeria dominates solar offgrid sales in West Africa

    Logos of The Energy Intelligence, The Energy Leaders Dialogue and REEEA-ALLIANCE

    REEEA-ALLIANCE Becomes Official Partner of Energy Leaders Dialogue 2023

    West Africa’s largest renewable energy group announces Ayo Ademilua as new West Africa’s largest renewable energy group announces Ayo Ademilua as new president smiling

    REAN announces Ayo Ademilua as new president

    REAN appoints Salamatu Tunzwang as new executive secretary

    REAN appoints Salamatu Tunzwang as new executive secretary

    Eplan Senior Vice President Strategy & Corporate Program Marco Litto

    New service: Eplan Marketplace

    MAXXDRIVE® industrial gear units – NORD’s toughest for every situation

    MAXXDRIVE® industrial gear units – NORD’s toughest for every situation

    Student Energy announces $150m  youth-led UN Energy Compact

    Student Energy announces $150m  youth-led UN Energy Compact🇨🇦

    Nidec-Leroy-Somer-LSA-473-alternator

    Nidec Leroy-Somer announces launch of LSA 47.3 industrial alternator with increased performance and an optimized cooling system

  • Insights
  • Partners
  • Home
  • Solid Minerals
  • Oil
    Maersk Drilling secures $12.1 million contract from Dana Petroleum Netherlands B.V.

    Maersk Drilling secures $12.1 million contract from Dana Petroleum Netherlands B.V.

    SPE ex-Chair picks holes in petroleum subsidy removal

    SPE ex-Chair picks holes in petroleum subsidy removal

    Axxis Geo Solutions names

    Axxis Geo Solutions names Ronny Bøhn as new CEO

    Equinor transfers operatorship of Bressay project to EnQuest

    Equinor transfers operatorship of Bressay project to EnQuest

    Aker Solutions Secures Brownfield Services Contract for Hebron Platform in Canada

    Aker Solutions secures Brownfield services contract

    We have also been able to maintain stable operations and implemented several measures to safeguard our financial strength,” says Eldar Sætre, President and CEO of Equinor ASA.

    Amid Covid-19, Equinor presents impressive Q2 results

    The two entities will join forces to create a new supplier company with a stronger position as a solid execution partner, enabling sustainable, low-carbon oil and gas production, and accelerating growth in renewable energy industries.

    Norwegian oil services firm Aker Solutions announces merger with Kvaerner, names new CEO

    Aker Solutions won several new contracts for projects on the Norwegian Continental Shelf in June, and the order intake is expected to be about NOK 7 billion in the quarter.

    Improved Q2 results for Aker Solutions

    On behalf of the Oseberg partners, Equinor has awarded Aibel a portfolio agreement for the Oseberg fields for the period 2020-2026.

    Aibel awarded Oseberg portfolio agreement

  • Marine Services
  • Industry News
    Sweden, Denmark leading the energy transition

    Sweden, Denmark leading the energy transition

    Nigeria dominates solar offgrid sales in West Africa

    Nigeria dominates solar offgrid sales in West Africa

    Logos of The Energy Intelligence, The Energy Leaders Dialogue and REEEA-ALLIANCE

    REEEA-ALLIANCE Becomes Official Partner of Energy Leaders Dialogue 2023

    West Africa’s largest renewable energy group announces Ayo Ademilua as new West Africa’s largest renewable energy group announces Ayo Ademilua as new president smiling

    REAN announces Ayo Ademilua as new president

    REAN appoints Salamatu Tunzwang as new executive secretary

    REAN appoints Salamatu Tunzwang as new executive secretary

    Eplan Senior Vice President Strategy & Corporate Program Marco Litto

    New service: Eplan Marketplace

    MAXXDRIVE® industrial gear units – NORD’s toughest for every situation

    MAXXDRIVE® industrial gear units – NORD’s toughest for every situation

    Student Energy announces $150m  youth-led UN Energy Compact

    Student Energy announces $150m  youth-led UN Energy Compact🇨🇦

    Nidec-Leroy-Somer-LSA-473-alternator

    Nidec Leroy-Somer announces launch of LSA 47.3 industrial alternator with increased performance and an optimized cooling system

  • Insights
  • Partners
No Result
View All Result
The Energy Intelligence
No Result
View All Result
hhh hhh hhh
ADVERTISEMENT
Home Uncategorized

UK government announces £100m African renewable energy funding push

by Ayobami Adedinni
December 12, 2018
in Uncategorized
0
UK government announces £100m African renewable energy funding push

UK government announces £100m African renewable energy funding push

0
SHARES
Share on FacebookShare on Twitter
Oman Petroleum and Energy Show
ADVERTISEMENT
The UK government has announced a significant increase in funding to support renewable energy projects in sub-Saharan Africa, as diplomats at the Katowice Summit in Poland attempt to break the latest negotiating stand-off over levels of climate finance.
ADVERTISEMENT

The UK’s Energy and Clean Growth Minister Claire Perry is set to confirm that an extra £100 million is to be assigned to the Renewable Energy Performance Platform, providing support for up to 40 new renewable energy projects across Africa over the next five years.
The move triples the level of funding available through the scheme and is expected to leverage an additional £156 million of private finance.
The fund is expected to support developers of small-scale solar, wind, hydro and geothermal projects with a view to providing new or improved access to clean power for up to 2.4 million people a year.
The UK government said power produced from the new projects is expected to save around three million tonnes of carbon dioxide over their lifetime, compared to fossil fuel generation, delivering emissions savings equivalent to taking 800,000 cars off the road each year.
“At home we’re world leaders in cutting emissions while growing our economy and abroad we’re showing our international leadership by giving countries a helping hand to shift to greener, cleaner economies,” said Perry.
“This £100m will help communities harness the power of their natural resources to provide hundreds of thousands of people with electricity for the first time. Building these clean, reliable sources of energy will also create thousands of quality jobs in these growing green economies.”

The new investment builds on £48 million previously committed to the REPP scheme, which has already supported 18 renewable energy projects in a number of African countries.

For example, a hydropower project on the Nzoia River in Kenya has provided 290,000 people with energy and created 330 jobs, while solar power for 70,000 people in Kilosa, Tanzania has provided 6,000 people with access to electricity for the first time.
Similarly, mini grids in Nigeria are providing 72 rural villages with pay-as-you-go clean, reliable energy through the programme, creating 2,500 jobs during the construction phase and 430 permanent jobs.
The UK government said the latest funding commitment is part of the UK’s pledge to invest £5.8bn in international climate finance by 2020.
The past week has also seen further commitments from the UK to provide £15.6m to help countries vulnerable to climate change take part in the COP negotiations, £45m to the ‘Nationally Appropriate Mitigation Actions’ (NAMA) Facility, and an additional £1m for the Global Innovation Lab, which aims to help innovative climate finance proposals move more quickly to implementation and attract funding.
The pledges come as the annual negotiations have once again been characterised by on-going rows over the levels of climate finance provided by industrialised nations as part of the agreed commitment to deliver at least £100bn of funding each year from 2020.
An analysis released ahead of the talks revealed richer nations are still well short of the target, prompting delegations from developing countries to again step up calls for further funding and a clearer reporting regime to manage climate finance flows.

Tags: Energy and Clean Growth MinisterKatowice SummitNationally Appropriate Mitigation ActionsRenewable Energy Performance Platformrenewable energy projects
Ayobami Adedinni

Ayobami Adedinni

Ayobami founded The Energy Intelligence in 2017. He is an experienced energy journalist having previously worked for two national dailies. At The Energy Intelligence, Ayobami provides market intelligence to leaders in the African clean energy space. When he's not writing, he's busy daydreaming.

Hyundai marks nearly three decades of hydrogen fuel-cell electric vehicle (FCEV) powertrain development by unveiling the Initium concept that also displays an entirely new design language.

Hyundai unveils latest hydrogen fuel-cell concept

November 3, 2024
Air pollution levels in Lahore rise 40 times above WHO limit

Air pollution levels in Lahore rise 40 times above WHO limit

November 3, 2024
EXCLUSIVE: Norway launches program to tackle climate change in Nigeria, others

EXCLUSIVE: Norway launches program to tackle climate change in Nigeria, others

November 1, 2024

Popular News

    Tweet at us!

    Connect with us

    Newsletter

    Join thousands of other senior energy decision makers and gain access to exclusive stories and reports
    SUBSCRIBE

    Category

    • Amazons in Energy
    • Bio Energy
    • Clean Cooking
    • Climate Change
    • EnergyPreneur
    • Environment
    • Events
    • Food and Pharmaceuticals
    • Gas
    • Geothermal Energy
    • Governance
    • GreenTech Made in Africa
    • Hydro Power
    • Hydrogen Power
    • Industry News
    • Insight
    • Logistics
    • Magazine
    • Marine Services
    • Nuclear Power
    • Oil
    • Partners
    • Press Release
    • Recycling
    • Solar Energy
    • Solid Minerals
    • Sustainable Mobility
    • Technergy
    • Uncategorized
    • Wind Power

    Our Mission

    The Energy Intelligence is dedicated to focusing on all the key trends and developments that are emerging from within the Global Energy industry through Business Intelligence, Networking and Strategic Communications.

    • About Us
    • Partners
    • Contact

    © 2020 The Energy Intelligence. All rights reserved

    No Result
    View All Result
    • Home
    • Solid Minerals
    • Oil
    • Marine Services
    • Industry News
    • Insights
    • Partners

    © 2020 The Energy Intelligence. All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms bellow to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    You cannot copy content of this page