At the Financing and Deploying New Technologies: Battery Storage session of EnergyNet’s Powering Africa Summit 2021, key panellists were joined by a host of industry experts to discuss the potential of energy storage for the African continent
Energy
AfCFTA to remove tariffs and facilitate trade between African countries
The African Continental Free Trade Area agreement which was launched on 1 January, aims to reduce all trade costs and enable Africa to integrate further into global supply chains by eliminating 90% of tariffs
‘Hybrid portable generators identified as new trend across geographies’
The global portable generators market was valued at US$700mn in 2020, and is anticipated to expand at a CAGR of around 6.5% over the next 10 years, according to a revised report published by an ESOMAR-certified market research and consulting firm Fact.MR
Caterpillar expands Cat GC diesel generator sets with 12 new standby models
Caterpillar Inc has announced the addition of 12 new models to the company’s rapidly growing series of Cat GC diesel generator sets for stationary standby applications and primarily targeted at the global electrical contractor market
Hydropower is crucial to climate ambitions, says IEA
According to the Hydropower Special Market Report, from the International Energy Agency (IEA) the ‘forgotten giant’ of low-carbon electricity needs a sweeping policy and investment push to put it in line with net zero goals