







Welcome to the Africa Renewables Investment Summit (ARIS). We are delighted to host you at the Cape Town International Convention Centre over the course of this week as we make the case for investing Africa’s renewable energy transition.
Whether you are participating for one day, or the full conference, your presence here confirms the immense potential that world sees for renewables in Africa. However, for too long now we have talked in glowing terms about how renewables can supercharge Africa’s energy transition and economic development, but, to date, words have not been backed by actions. Nowhere can this be better shown than the fact that the continent received only 2% of the US$2 trillion that was invested in renewable energy globally between 2000 and 2020. So, whilst your presence here reconfirms the potential of renewable energy in Africa, it also underlines your commitment to making it happen.
ARIS is different to other summits that you may have attended in that its principal purpose is to catalyse investment in renewable energy. It looks to provide a platform where the best of African renewable energy technology can be showcased, project developers can meet investors, and national and local governments can make the case for investing in renewables in their country, or region. In short, ARIS is not just a talking shop, but a forum where business gets done. It is in this spirit that we welcome you to Cape Town, and in this spirit that we encourage you to participate in the conference, exhibition, and make use of the matchmaking services here.
ARIS is the culmination of over six months hard work and dedication from RenewAfrica.biz, the African Solar Industry Association (AFSIA), SolarPower Europe and the Global Wind Energy Council (GWEC). We would also like to thank GET.invest, a European programme supported by the European Union, Germany, Sweden, the Netherlands, and Austria, which aims at mobilising investments in decentralised renewable energy in developing countries. *, Without their support, ARIS would not have been possible. Together we have organised a summit that includes sponsors, speakers, exhibitors, and delegates from around the globe, with a packed and inspiring programme for everyone to get their teeth into. We wish you a successful forum, and a wonderful stay in Cape Town.
Dear renewable energy enthusiasts, dear ARIS participants,
As a supporting partner to the first “Africa Renewables Investment Summit”, GET.invest is delighted to welcome you in Cape Town for this landmark event, and we look forward to spending the next three days with you.
Three days filled with thematic sessions, discussions, actions and actors from all kinds of areas related to renewable energy, targeted towards one common objective: Channelling investments into renewable energies in Africa, which play a key role in meeting the twin challenge of universal energy access and climate change. In many cases, renewable energy is already the cheapest and most reliable solution. To leverage its full potential, however, an estimated $70 billion in yearly renewable energy investments is required (source: IRENA). On a positive note, there are many funding solutions available, but availability solely is not all. Equally important is the match between investees’ needs and investors’ offers.
At GET.invest and as the Team Europe One Stop Shop for Green Energy Investments, we work to mobilise investments into renewable energy Supported by the European Union, Germany, Sweden, the Netherlands and Austria, we do this by providing advisory support to businesses and project developers, assisting them to get ready for investment and linking them up with investors so they can obtain the financing that fits their needs.
Therefore, we particularly embrace ARIS as an event that facilitates investments into renewable energies, and warmly recommend you make most of the unique opportunities it offers: get inspired by speakers, ask questions during the sessions, visit the exhibition stands and meet & connect with potential business partners during the Matchmaking sessions! Are you running a renewable energy project or business, and are looking to identify and access suitable financing opportunities ? Check out the funding database on our website, and make sure to reach out to our GET.invest advisors on site to discuss how we could support you
We wish you a successful and enjoyable participation at ARIS. See you there!
ENGIE’s purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally- friendly solutions.
Global Wind Energy Council (GWEC) is a member-based organisation that represents the entire wind energy sector. The members of GWEC represent over 1,500 companies, organisations, and institutions in over 80 countries including manufacturers, developers, component suppliers, research institutes, national wind and renewables associations, electricity providers, finance and insurance companies.
SolarPower Europe the award-winning link between policymakers and the solar PV value chain. Our mission is to ensure solar becomes Europe’s leading energy source by 2030. As the member-led association for the European solar PV sector, SolarPower Europe represents over 260 organisations across the entire solar sector.
Africa Solar Industry Association (AFSIA) is a non-governmental solar trade organisation whose mission is to create a solar community in which all the stakeholders, from both the public and private sector, can come together and help grow the footprint of solar across the entire African continent. AFSIA’s activities and publications aim to expand the awareness and applications of solar energy in the region, to strengthen the local solar industry, and to facilitate business opportunities for its members.
RenewAfrica is a media company that showcases market intelligence, critical analysis, insights, news and thought leadership on Africa’s renewable energy sector. The company also promotes renewable energy investment opportunities in Africa through its digital media platforms, live and online events, with an objective to help accelerate renewable energy penetration in Africa.
GET.invest is a European programme which supports investments in renewable energy. The programme targets private sector business and project developers, financiers and regulators to build sustainable energy markets in partner countries. Services include market information, a funding database, matchmaking events and access-tofinance advisory. The programme is supported by the European Union, Germany, Sweden, the Netherlands, and Austria, and works closely with initiatives and business associations in the energy sector. Find out more at www.get-invest.eu
Rivhatshinyi
Robert
Telma
Dr Segun
Thomas
South African Independent
Thomas
Tuesday 27 September
ARIS conference, exhibition & meeting rooms open
Matchmaking: Delegates to book private one-on-one meetings via event matchmaking app.
Exhibition stands tour
Organisers’ welcome remarks (SPE, GWEC, RenewAfrica, & AFSIA)
Speakers
Emerson Clarke, Market Development Director, Global Wind Energy Council (GWEC)
Munyaradzi Jani, Executive Director, RenewAfrica.Biz
Opening remarks from the MC
Nastassia Arendse, Business News Anchor, South African Broadcasting Corporation (SABC)
Welcome address from the City of Cape Town
Cllr Beverley van Reenen, Mayoral Committee Member: Energy Directorate, City of Cape Town
Opening Keynote Address: South Africa’s progress in developing its renewable energy sector
Jacob Mbele, Director General, Department of Mineral Resources and Energy of South Africa
Address by the EU Delegation to South Africa
Ariane Labat, Counsellor – Climate, Environment and Agriculture, Delegation of the European Union to South Africa
Keynote address: The investment case for African renewables – why investors should look at Africa now
Ahmed Badr, Director, Project Facilitation and Support, International Renewable Energy Agency (IRENA)
07:30 – 08:45
Cape Town International Convention Centre 2 (CTICC 2) Hall 8
08:45 – 08:55
Main Plenary Hall 8
08:55 – 09:05
Main Plenary Hall 8
09:05 – 09:15
Main Plenary Hall 8
09:15 – 09:35
Main Plenary Hall 8
09:35 – 09:45
Main Plenary Hall 8
09:45 – 10:15
Main Plenary Hall 8
Tuesday 27 September
Green Hydrogen presents a significant opportunity for an increased and accelerated deployment of renewables across Africa. It also presents a clean power alternative for industries that are difficult to electrify, such as steel production. This session will introduce the green hydrogen landscape in Africa, covering the potential for increased renewable deployment and industrial decarbonisation, market building across the continent, and the outlook for the future.
Session focus:
• The potential of green hydrogen in accelerating renewable deployment in Africa
• Market building across Africa – green hydrogen policy frameworks and high-potential markets
• Decarbonising hard-to-electrify industries
• Job creation potential
Moderator: Benjamin Clarke, Business Analyst, International Cooperation, SolarPower Europe
Heidi Ijomah Akran, Senior Investment Officer, IFC Bhavna Deonarain, Project Manager- Climate and Energy, National Business Initiative (NBI)
Daniel Hollander, Deputy Program Office Director, Power Africa
Main Plenary Hall 8 10:15 10:45
10:45 – 11:45
Tuesday 27 September
Hosted by GIZ South Africa’s H2.SA
Green hydrogen projects require significant up-front investments, which is why project developers must decide early-on what type of finance and investor they would like to target, and how they intend to convince them. “Bankability” is the key term that allows projects to access finance and reach financial close. In this session, different investors will provide their perspective on “bankability” in the green hydrogen sector.
• How different groups of investors (e.g. equity investors, commercial banks, development finance institutions, etc.) define and interpret “bankability”
• What criteria drive investors’ investment decisions
• Valuable insights to building the right funding strategy for your specific project from concept development to financial close
Moderator: Jens Hauser, Head of Competence Centre Sustainable Energy, SA-German Chamber of Commerce and Industry
Patrick Makanza, Renewable Energy Advisor, GET.invest
Kevin Anderson, Global Head of Strategic Initiatives, Climate Fund Managers
Mark van Wyk, Managing Partner, Infra Impact Investment Managers
Amith Singh, Head: Energy Finance, Nedbank CIB
LUNCH | 12:45 – 13:45
11:45 – 12:45
Main Plenary Halls 8
Elevator pitch session one: green hydrogen projects
Time 13:45-14:45
Venue: Daisy Freesia & Orchid
Hosted by GIZ South Africa’s H2.SA
South Africa’s green hydrogen project pipeline is extensive. However, many of these are in the feasibility stage, or looking to attract initial financing. This breakaway session will give the stage to project developers from across Africa to showcase their green hydrogen projects, highlighting the depth of the market and potential options for investors.
Session focus:
• What projects – small, medium and large – are already underway?
• Are there any common challenges experienced by project developers?
• Approaches focusing on the domestic and/or export market
• What is the potential global competitiveness of South African green hydrogen?
Moderator: Themba Msimang, Portfolio Manager: Sustainable Energy, SA-German Chamber of Commerce and Industry
Dino Petrarolo, CEO, Next Renewable Generation Bradley Cerff, CEO, Cape Stack; Partner, Keren Energy
Fergus Feltman, Consulting Engineer, Atlanthia Meta Mhlarhi, Director & Co-Founder, Mahlako A Phahla Group; Chairperson and Co-Founder, Black Energy Professionals Association
Elevator pitch session two: green hydrogen projects
Time 13:45-14:45
Venue: Hall 8
Hosted by SolarPower Europe and the Global Wind Energy Council
Africa’s green hydrogen project pipeline is extensive. However, many of these are in the feasibility stage, or looking to attract initial financing. This breakaway session will give the stage to project developers from across Africa to showcase their green hydrogen projects, highlighting the depth of the market and potential options for investors.
Session focus:
• What projects – small, medium and large – are already underway?
• Are there any common challenges experienced by project developers?
• Approaches focusing on the domestic and/or export market
• What is the potential global competitiveness of African green hydrogen?
Moderator: Benjamin Clarke, Business Analyst, International Cooperation, SolarPower Europe
Jonathan Metcalfe, Business Case Development Manager, ENERTRAG
Andrew McFarlane, Founder, South African Green Metals
Christine Gibson, Senior Banker, Fieldstone Private Capital Group
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• 14:45 – 15:30
Meeting pods, Matchmaking Lounge
Tuesday 27 September
Afternoon refreshment break/networking/ exhibition tour 15:30 – 15:45
Hosted by GIZ South Africa’s H2.SA
Green hydrogen is one central puzzle piece of the decarbonization of hard-to-abate industries as well as long-haul transport. However, simply using green electrons to power electrolysers does not guarantee that the resulting hydrogen molecules can be sold as “green”. Countries and regions have issued different technical regulations, detailing what criteria hydrogen must fulfil in order to be certified as “green” or “clean” and to access domestic and export markets.
Session focus:
• Certification criteria and mechanisms of relevant export markets, as well as African domestic markets
• Understanding how concepts such as additionality or temporal correlation might impact your project design
• How domestic and international regulations can be synchronized to support the emergence of a green hydrogen economy
Moderator: Jens Hauser, Head of Competence Centre Sustainable Energy, SA-German Chamber of Commerce and Industry
Laurens Cloete, Senior Consultant, RebelGroup Southern Africa
Thomas Weiss, Vice President Hydrogen | PtX | Storage, TÜV SÜD
Conrad Arendse, Director: Business & Technical Development, Atlanthia
Matchmaking & deal making session two
Active connection of developers with bankable projects with financiers
• Pitching
• Investment facilitation
• Project investment
COCKTAIL FUNCTION | 17:00 – 20:00
15:45 – 16:30
Main Plenary Hall 8
16:30 – 17:00
Meeting pods, Matchmaking Lounge
Wednesday 28 September
ARIS conference, exhibition & meeting rooms open
Matchmaking: delegates to book private one-on-one meetings via event matchmaking app
All ARIS delegates and participants have the opportunity to book meetings and utilise the meeting facilities at ARIS. Participants also have access to exhibition stands just before the official opening of the event.
07:30 – 08:45
Cape Town International Convention Centre 2 (CTICC 2) Halls 8
Opening remarks from the MC
Nastassia Arendse, Business News Anchor, South African Broadcasting Corporation (SABC)
Emeka Wosu, Sales Director: Sub-Saharan Africa, LONGi Solar
Keynote Address: Eskom’s vision for SA’s Just Energy Transition
South Africa’s state-owned power utility plans to retire close to 10 GW of its coal power generation fleet and replace it with renewables. Eskom has identified a pipeline of ‘Just Energy Transition’ projects and intends to secure financing with the R131 billion concessional funding raised from the international financiers who have committed to supporting the decarbonisation initiatives in developing countries, including South Africa.
De Ruyter will outline Eskom’s just energy transition strategy and the opportunities for partnerships with investors.
Andre de Ruyter, Group Chief Executive, Eskom
08:45 – 08:50
Main Plenary Hall 8
08:50 – 08:55
Main Plenary Hall 8
08:55 – 09:30
Main Plenary Hall 8
Wednesday 28 September
Assessing the progress on South Africa’s Just Transition Partnership (JETP)
At UNFCCC COP26, the governments of U.K, France, Germany, U.S and the European Union signed the Just Transition Partnership (JETP) with South Africa where they pledged to mobilise $8.5 billion over the next 3-5 years to help accelerate the country’s energy transition. JETP’s objectives also include supporting South Africa’s pathway to a low carbon economy and climate resilient society.
Session focus:
• Progress update on JETP
• Financing instruments available under the partnership
• Beneficiary industries
• Opportunities for affected workers and communities
Moderator: Sayuri Moodliar, Associate Director, Strategy & ESG, PwC
Ariane Labat, Counsellor – Climate, Environment and Agriculture, Delegation of the European Union to South Africa
Mandy Rambharos, GM - Just Energy Transition, Eskom; Commissioner, Presidential Climate Commission
Marco Rahner, Smart Infrastructure Division Sales Director, Siemens
Mozambique has vast potential for renewable energy. Creating a bankable pipeline of projects and attracting investment is key to fostering the country’s energy transition.
Session focus:
• Showcasing projects that have achieved financial close
• Deep dive into the policy framework, identifying barriers to investment and making recommendations for tackling them
Moderator: Dário Mapsanganhe, Senior Energy Advisor, GET.invest
Iazalde Jose Jeremias, Director Energy Planning Department, Ministry of Mineral Resources and Energy (MIREME), Mozambique
Mayra Pereira, Founder, Gaia Consulting
Dr Benon Mutambi, Project Manager, GETFiT Mozambique
Dr Telma Nkutumula, Lawyer, Energy Regulatory Authority (ARENE)
09:30 – 10:15
Main Plenary Hall 8
10:15 – 11:00
Main Plenary Hall 8
Regional integration of energy systems holds vast opportunity for Africa, in terms of cross-border trading and increased grid flexibility. A functional regional power pool in the Southern African region would allow for an increased share of renewable energy. How can regional integration, via power pools, drive an accelerated uptake of wind and solar while presenting an attractive economic opportunity to governments across the Continent?
Session focus:
• Cross-border energy trading
• Integrating and interconnecting different regional integration and interconnection
• Renewable energy offtake via regional power pools
Moderator: Benjamin Clarke, Business Analyst, International Cooperation, SolarPower Europe
Dr Pedro Nguelume, Executive Director: Business Development, Electricidade de Moçambique (EDM)
Kandali Iyambo, Executive MSB, NamPower
Farid Mohamed, Chief Transaction Advisor, SAPP
Dr Sosten Ziuku, Director for Energy Conservation and Renewable Energy, Ministry of Energy and Power Development
11:30 – 12:15
Main Plenary Hall 8
Matchmaking & deal making session
Active connection of developers with bankable projects with financiers
• Pitching
• Investment facilitation
• Project investment 12:15 – 13:00
Main Plenary Hall 8 |
Track chair: Nastassia Arendse, Business News Anchor, South African Broadcasting Corporation (SABC)
Unlocking Africa’s Hydropower potential
Time 14:00 – 15:30
Venue: Daisy Freesia and Orchid
Hydropower is currently Africa’s leading renewable energy generation source. Despite this, the continent has barely scratched the surface in harnessing its potentialestimated to be around 340GW - of which only 11% is exploited. How can hydroelectricity help improve energy access in Africa?
Session focus:
• Bankability of hydropower projects
• Small hydro investment opportunities for IPPs
• Pumped storage
• Project updates
Anton-Louis Olivier, Vice President, International Hydropower Association George Aluru, Managing Director, Ecoener Kenya; Chair, Electricity Sector Association of Kenya Salifou Camara, Deputy National Director of Energy, Republic of Guinea
Track chair: Máté Heisz, Director Global Affairs & Benjamin Clarke, Business Analyst, International Cooperation Solar Power Europe
Auction systems: Lessons learnt from South Africa’s REIPPPP
Time 14:00 – 15:30
Venue: Hall 8
South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) is one of the most successful renewable energy tenders in the world. With over 5 successful bidding rounds and over US$20.5 billion in private investment for renewable energy projects, African countries can learn some important lessons they can implement in their own auction systems.
Session focus:
• Why South Africa opted for open tendering instead of feed-in tariffs (FITs) for renewable energy
• Competitive pricing
• Local financing
• PPAs
Thomas Garner, Chairperson, South African Independent Power Producers (IPP) Association (SAIPPA)
Wikus Kruger, Researcher & Course Convenor, Power Futures Lab, UCT
Chanda Nxumalo, Chairperson, South African Photo Voltaic Association (SAPVIA)
Rivhatshinyi Mandavha, Investment Professional, Norfund
Time 15:45 – 16:45
Venue: Daisy Freesia & Orchid
The increased penetration of electric vehicles offers ideal opportunities for the broader introduction of renewables to the transport sector. Rolling out of green energy connected charging infrastructure will help decarbonise the transport sector. This session will explore the relationship between renewable energy and mobility and outline the opportunities for investment in Africa.
Session focus:
• E-Mobility ecosystem
• Renewable powered charging infrastructure
• Policy and regulatory framework
• EV Manufacturing
Lee Wee Chia, Founder & Chairman, Rwanda Electric Motors
Hiten Parmar, Director, uYilo e-Mobility Programme
Themba Tenza, Chief Director - Research and Innovation, National Department of Transport (South Africa)
Commercial & Industrial (C&I) sector PPA opportunities
Time 15:45 – 16:45
Venue: Protea & Nerina
Renewable energy power purchase agreements (PPAs) are becoming increasingly attractive for Africa’s commercial and industrial sector (C&I) as they seek energy independence and reduce their electricity bills. This session will explore renewable energy opportunities for Africa’s C&I sector, as well as showcase case studies from key players in this market.
Session focus:
• Opportunities for wheeling
• Wind embedded generation projects
• Potential offtaker industries
• Energy trading
Kadri Nassiep, Executive Director (Energy), City of Cape Town Lee Smith, Chief Operations Officer, New Southern Energy
Chris Luckhurst, Head of Business Development, A.P. Møller Capital
Katherine Persson, Project Development Director, Sola Group 27 September 16:45 - 17:00
Thursday 29 September
ARIS conference, exhibition & meeting rooms open
Matchmaking: Delegates to book private one-on-one meetings via event matchmaking app
All ARIS delegates and participants have the opportunity to book meetings and utilise the meeting facilities at ARIS. Participants also have access to exhibition stands just before the official opening of the event.
Opening remarks from the MC
Nastassia Arendse, Business News Anchor, South African Broadcasting Corporation (SABC)
Investor Panel: Unpacking risk mitigation tools, finance and guarantee instruments for utility scale African RE projects
Traditional financing methods for renewable energy projects don’t always work for African conditions. This session will explore what innovative finance options lenders and investors can curate for financing African renewable energy projects.
Session focus:
• Project financing
• Alternative guarantee instruments outside of govt guarantees
• Blended finance
• Green Bonds
• Concessional finance
Moderator: Bhavtik Vallabhjee, Head: Power, Utilities & Infrastructure, ABSA Group
Johann Bester, Project Manager IPPs, Thebe Investment
Caitlin Craig, Investment Officer, Southern Africa, Untapped Global
Dr Olufunso Somorin, Regional Principal Officer, AfDB
Karel Cornelissen, Senior Advisor, Renewable Energy, Old Mutual Alternative Investments
07:30 - 09:00
Cape Town International Convention Centre 2 (CTICC 2) Hall 8
09:00 – 09:05
Main Plenary Hall 8
09:05 – 09:45
Main Plenary Hall 8
Thursday 29 September
Africa is the true “sun continent”, boasting 60% of the best solar resources worldwide. Despite this potential, Africa currently holds only 1% of solar PV capacity. Already the cheapest source of power in many parts of Africa, solar can help increase energy access and end energy poverty on the continent. This session will explore how Africa can attract more investment to maximise its solar energy potential.
Session focus:
• Opportunities for private investors
• Promising markets to utility & large-scale projects
• Private PPAs
• Financing models
Moderator: Benjamin Clarke, Business Analyst, International Cooperation, SolarPower Europe
Mpho Modise, Business Development Manager, IDC
Robert Wagener, Director International Business Development, ABO Wind
Terje Osmundsen, Founder & CEO, Empower New Energy Marie Strauss, Advisor, GET.invest
Joshua Wycliffe, Chief of Operations, International Solar Alliance
Scaling wind across Africa: How African countries can drive investment into wind energy
Africa has 59,000GW of onshore and offshore wind energy potential - enough to meet the continent’s energy demand 250 times over. Despite this much potential, the continent has only harnessed 0.01 per cent of its wind resource, amounting to over 7GW of installed wind capacity with only a handful of subSaharan countries with wind farms outside of South Africa. This panel examines wind energy’s success stories and the challenges that must be overcome through closer collaboration between project developers, financiers and the public sector to unlock Africa’s tremendous wind potential.
Session focus:
• Lessons learned from wind energy’s success stories in sub-Saharan Africa
• Challenges affecting the Scaling of wind energy across subSaharan Africa
• Mobilising investment for a rapid scale-up of wind energy
Moderator: Emerson Clarke, Market Development Director, Global Wind Energy Council (GWEC)
Wangari Muchiri, Director: Africa WindPower, GWEC
Jerome Niessen, Director Africa, JCM Power
George Aluru, Managing Director, Ecoener Kenya; Chair, Electricity Sector Association of Kenya
09:45 – 10:30
Main Plenary Hall 8
10:30 – 11:15
Main Plenary Hall 8
Time 11:45 – 12:30
Equity and inclusion are very crucial for Africa’s socioeconomic development. Achieving gender equality and increasing female representation in the African energy transition will be crucial for its success. Studies show that businesses improve profits, performance, innovation and creativity with increased female representation. This session will explore how more women can play leading roles in driving renewable energy deployment in Africa.
Session focus:
• Gender diversity of renewable energy companies’ workforces
• Women in decision-making positions
• Possible solutions for increasing female representation in Africa’s energy transition
• Industry gender programmes and policies
Moderator: Wangari Muchiri, Director: Africa WindPower, GWEC
Laura James, Gender Diversity Chair, South African Wind Energy Association
Emily McAteer, CEO, Odyssey Lamya Hady, Consultant, Egyptian Electricity Transmission Company (EETC)
Time: 11:45 – 12:30
Renewable energy could help decarbonize mines and improve their ESG positioning. Renewables also help reduce operational costs, in turn improving a mine’s financial sustainability. This session will focus on how mining companies are embracing energy self-generation, what regulatory/technical hurdles need to be overcome before such projects get off the ground and how to finance them.
Session focus:
• Investment opportunities for renewable energy projects in Africa’s mining sector
• South African miners’ 4GW renewables pipeline
• Hybrid systems
• Mining PPAs
Moderator: Sandra du Toit, Energy & Natural Resources Leader, EY Africa
Christian Teffo, Technology Analyst, Minerals Council South Africa
Fhedzi Modau, Group Head: Energy, Impala Platinum
Gilles Dumont, Head of Sales, Off Grid and Mining, Juwi Renewables
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Léa Giroux, Renewables Business Developer in South Africa, ENGIE ACTIVITY
12:30 – 13:15
Meeting pods, Meeting Rooms, Matchmaking Lounge
LUNCH | 13:15 – 14:00
Track chair: Nastassia Arendse, Business News Anchor, South African Broadcasting Corporation (SABC)
Time 14:00 – 15:30
Venue: Daisy Freesia & Orchid
West Africa’s renewable energy potential is largely untapped. Despite boasting a combined GDP of over US$800 billion, the region has not attracted significant renewable energy investment compared to North and Southern Africa. This session will explore some of the intricacies of investing in renewable energy in West Africa, as well as opportunities in this promising market.
Session focus:
• Nigeria’s market
• Ghana’s market
• Senegal’s market
• Burkina Faso’s Market
• Private PPA opportunities
• Financing
Paul van Zijl, Group CFO, Starsight Energy
Joseph Nkrumah, Principal Operations Engineer, Bui Power Authority
Marcus Miller, CEO, Clean Power Generation
Track chair: Wangari Muchiri, Director: Africa WindPower, Global Wind Energy Council (GWEC)
Time 14:00 – 15:30
Venue: Hall 8
East Africa has some of the strongest winds on the continent, making it ideal for wind energy projects. Kenya has also started tapping into its wind energy resources with two IPP-developed wind projects having been connected to the grid recently. East Africa is also home to the Great Rift Valley, a promising source for geothermal power. Significant opportunities for hydropower and solar energy also exist in the region.
Session focus:
• Kenya’s renewable energy market
• Ethiopia’s market
• DRC’s market
• Rwanda’s market
• Tanzania’s market
• Regional Energy trade
David De Villiers, Head of BD Mini-Grids and SHS Wholesale, ENGIE Energy Access
Catherine Irura, Managing Director, SOWITEC Kenya Johnson Kiwango, East Africa Managing Director, ZOLA Electric
Yariv Cohen, Founder, Ignite Power
Time 15:45 – 16:45
Venue: Daisy Freasia & Orchid
Energy storage is considered the holy grail of the renewable energy market. Storage technology allows for smooth integration of renewables to the grid and help reduce the intermittence of renewables. Africa’s energy storage market is poised for growth, with South Africa’s market alone predicted to reach over US$4 billion over the next few years. This session will explore how bankable storage components are and what the challenges are to investing in energy storage systems.
• Solar-wind-storage hybrid systems opportunities
• Technology types and costs
• Investor appetite
• Financing of energy storage systems
Frank Spencer, Head of Deployment, Bushveld Energy
Rezvan Ahmed, Senior Project Development Manager, CrossBoundary Energy
Dotun Tokun, CEO, SOLARMATE Engineering
Off-grid and energy access – high growth markets investors should watch-out for
Time 15:45 – 16:45
Venue: Hall 8
Africa’s off-grid energy sector has the potential to become a $24 billion market per year. Some 5 million pay-as-yougo home solar systems have been sold on the continent over the last few years. Revenues from the off-grid solar industry continue to grow rapidly, increasing by 30 percent annually. African households spend an average of $200 per year on electricity. With over 120 million African households still without access to power, a lot of potential commercial value exists in this underserved market. Significant opportunities also exist in the productive-useof-energy market.
Session focus:
• Solar home system sales
• Healthcare & public infrastructure off-grid systems
• Agriculture and productive use of energy
• Funding models
Brian Kawuma, Campaign Director, Powering Agriculture, Power for All
Nathan Sermonis, Head of Mini-Grid Business & Asset Finance, Sustain Solar
Andy Keith, CEO, Solar Panda
Kevin Robinson, Product and Solutions ManagerMiddle East, Africa and Central Asia, LONGi Solar
Plug in nice wind energy pictures (no solar, just wind)
Africa WindPower is the Global Wind Energy Council’s initiative to accelerate the deployment of wind power in the African continent. AWP is an Africa-based organisation, focused on the promotion of zero carbon, cost competitive, wind energy across the African Continent, with the ability to draw upon the expertise and knowledge of the global wind energy industry. AWP combines the expertise and knowledge of the global wind industry with ‘on the ground’ experience and know-how in the region, working closely with the companies and organisations that make up GWEC’s Africa Task Force.
Africa WindPower was created by GWEC to address a clear need for a regional body to offer a platform for dialogue between Africa’s wind industry, with a focus on developers and government stakeholders, with the ultimate goal of scaling up and accelerating wind project development and deployment.
Africa WindPower was founded by the Global Wind Energy Council and is supported by GET. invest, a European programme which aims to mobilise investment in decentralised renewable energy, supported by the European Union, Germany, Sweden, the Netherlands and Austria.
Despite an early start in countries that include South Africa (2002), Kenya (2009), Egypt (1993), and Morocco (2000) which began to install and operate wind farms several decades ago, the development of wind energy in Africa in general has been held back by many factors and today seriously lags that of solar PV which is perceived by government energy ministries, national utilities and power system planners as cheap, quick and relatively simple to deploy, while fossil fuel generation sources such as natural gas continue to make inroads in some markets, and coal and hydroelectric power remain a large part of the energy mix. This is despite the fact that new wind resource studies indicate that the resource available is far greater than had been estimated previously. A new study from the IFC, the private sector arm of the World Bank Group, shows that continental Africa possesses a stunning onshore wind potential of almost 180,000 Terawatt hours (TWh) per annum, enough to satisfy the entire continent’s electricity demands 250 times over.
Still, there is a massive investment appetite for wind energy both from the private sector and multilateral financial institutions (MFIs). However, there is a lack of both investable projects, and a lack of seed capital needed for early stage developers to get projects off the ground and to reach the stage where a wind project is considered bankable. These projects often have significant potential to create a ‘demonstration effect,’ crucial to addressing key barriers and to help develop lasting and sustainable markets for wind energy development in Africa.
Wind clearly has a much bigger role to play in Africa’s energy transition than is currently being acknowledged, because of its affordability, complementarity and scalability compared to other energy sources and the economic benefits it can bring to countries through the creation of local industry. Wind energy is already cost-competitive across the globe, and according to IRENA’s 2030 outlook, the average levelised cost of energy (“LCOE”) of onshore wind is expected to continue declining by 25% from 2018 levels. As a large utility-scale technology, wind energy is capable of supplying a significant portion of a country’s energy mix and is also a natural complement to other leading forms of clean energy in Africa, such as hydropower and solar.
Africa WindPower’s mission is to create a bridge between government stakeholders including energy ministries, national utilities and regulators, project developers, other companies in the wind sector, along with the financial community to drive the uptake of wind energy across Africa as a key source of clean, affordable energy generation, economic growth and solution to climate change.
We believe that the time for a dramatic expansion of wind energy in Africa has come. To make this a reality, we are working with developers with viable projects across Africa and with government stakeholders to develop a more effective and efficient enabling environment for wind energy that will lead to the growth of a pipeline of utility-scale wind projects in Africa over the long term.
Africa WindPower has identified a crucial need to pool developer feedback on suitable markets for wind energy in Africa, in order to shape targeted and impactful efforts in wind market development. The role of Africa WindPower is to identify and address these challenges on the private sector wind industry’s behalf, in partnership with government stakeholders and work together to address them with policy and/or financing solutions. In order to fulfill our Mission, Africa WindPower will:
• Act as a conduit for confidential feedback and intelligence from the developer community and other wind industry participants such as manufacturers and technical consultants
• Prioritise markets based on the presence of favourable conditions and developer activity
• Identify key barriers to project development, including impediments to reaching timely financial close, with the ultimate goal of adding a larger supply of affordable wind power to the grid
• Promote the addition of power capacity across Africa as a matter of urgency, given significant segments of the population are without access to reliable and affordable electricity Africa WindPower will also work collaboratively with other leading bodies that are active in renewable energy development and specifically the wind energy space. This open approach will allow for coordination with any relevant organisations and serve to ensure complementarity with existing initiatives.
• Africa has begun its transition to a clean energy future, but this process is moving far too slowly with incumbent fossil fuels playing too prominent a role
• With immense resources across the continent, wind is a crucial solution to combat climate change, and address energy access(SDG7) in Africa.
• Right now, wind energy is an affordable, reliable and efficient source of clean energy ready to be integrated into energy systems as a ‘firm’ resource
• Wind energy is a natural complement to other leading forms of clean energy in Africa, such as hydropower and solar, playing a proactive role in balancing the grid
• Across the world, wind is now one of the most cost competitive energy sources and Africa has just embarked on this cost reduction trajectory
• Wind energy offers energy security and independence, sheltering consumers from the volatile prices of energy imports
• Wind energy can be a pillar of sustainable economic growth, through the development of a local industry, creating jobs and sustainable, competitive economies underpinned by clean energy
• The Time for Wind in Africa has come – as a ‘mainstream’ energy technology in other parts of the world, it is time for wind to be embraced by countries across the African continent
Public Sector Stakeholders act as the voice of Africa’s wind industry. This includes:
• Developers
• Owners & operators
• Investors and bankers
• Equipment suppliers and independent engineers
Government Stakeholders are key partners in the development of Africa’s wind industry. This includes:
• Energy Ministries
• National Utilities
• Regulators
• System Operators
Wangari Muchiri Director, GWEC Africa WindPower wangari.muchiri@gwec.net
Emerson Clarke Market Development Director emerson.clarke@gwec.net