According to the IEA’s Electricity 2024 report, global electricity demand is expected to increase by an average of 3.4% from 2024 to 2026 after easing to 2.2% in 2023
Energy
Ghanaian factory commissions 4.3MW solar system to support operations
Daystar Power, a hybrid solar energy provider and member of the Shell Group, has commissioned a 4.3MW grid-tied solar system for Rider Steel’s Kumasi factory
South Africa solar opportunity attracts another suitor
Neosun Energy, a global company focused on the construction of solar power stations and battery storage solutions, has become the latest renewable energy provider to enter the South African market
Significant electrical infrastructure upgrade for Senegal
VINCI Energies, a global player in concessions, energy and construction, has secured an EU€200mn (approx. US$218mn) contract with Senelec, the state-owned electrical company of Senegal, to build electrical transmission and distribution infrastructure across the country
Achieving COP28 renewable targets
According to the International Energy Agency (IEA), the world’s increasing capacity to generate renewable energy is giving it a real chance of achieving the COP28 target of tripling renewable capacity by 2030