星期三, 23 4 月, 2025
Home PV News Africa EU Boost for Africa's New Renewable Development

EU Boost for Africa's New Renewable Development

Travellers to Cape Verde will soon spot visible evidence of the tiny African island nation's big ambitions in renewable energy set against its beautiful volcanic landscape.


By 2012, the 28 MW Cabeolica wind facility should be helping Cape Verde achieve its target of meeting a quarter of its needs from renewable sources.


The technology to power Cabeolica will come from wind turbine manufacturer Vestas of Denmark. The cash needed to make it happen will come from €45 million of loans from the European Investment Bank – the financing arm of the European Union – and the local African Development Bank.


For Cape Verde, this is a triumph of Euro-African co-operation. With their first-rate natural wind resource, the technology is clearly the perfect fit for the islands. However, replicating it with other renewables projects large and small across Africa, and especially the sub-Saharan region of the continent, is a far more daunting challenge.


There are a host of good reasons for the EU to drive renewables development in Africa. These range from an ethical imperative to bring clean energy to some of the world's poorest people to hard-headed commercial considerations. China sees Africa as a major source of trade in renewable energy technology and is already a major backer of projects on the continent, a fact that EU-based companies are all too aware of.


Brussels' latest initiative to build strong links with the Africa's nascent renewables infrastructure was unveiled in the autumn in the form of the Renewable Energy Co-operation Programme (RECP).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Azerbaijan and China sign more than 2GW renewable energy agreements

During President Ilham Aliyev’s state visit to China, Azerbaijan signed six major agreements with Chinese partners to boost cooperation in the renewable energy sector,...

CLOU Electronics Sets New Safety Benchmark in Energy Storage with TS-800 Fire Test Certification

Energy storage has garnered unprecedented attention regarding its safety and reliability. On January 16, 2025, a fire broke out at the Moss Landing lithium...

E.ON cooperate with Superdielectrics to develop energy storage

E.ON is now working with a UK-based battery tech firm to advance more environmentally friendly energy storage for households. Energy utility giant E.ON has entered...

Trinasolar Unveils High-Power i-TOPCon Ultra Modules at Korea’s Green Energy Expo

Trinasolar, a global leader in smart PV and energy storage solutions, unveiled its revolutionary i‑TOPCon Ultra technology at Korea's Green Energy Expo in Daegu....