Week 55: What happened this week?
CSI Energy Group
A diversified network of companies providing sustainable solutions to the energy sector across Africa.
Power Pulse: This section will give you the latest weekly news and trends in the energy world. You'll learn about new ideas and innovations that are shaping the future of energy in Africa (and the world).
???? Europe is getting even greener wind turbines made with old steel. A new Baltic Sea wind farm that will power more than 1.5 million Polish homes is getting turbines made with greener steel that will cut their carbon footprint. Read more here
???? The groundbreaking ‘Future of Utilities’ study, published during the World Economic Forum’s 54th Annual Meeting in Davos, found that grid readiness and the integration of renewables into the grid network is the biggest single threat to realising net zero ambitions in the power sector. Read more here
???? RedoxBlox , a?San Diego-based energy storage startup, is focused on decarbonizing two critical areas of the economy: industrial heat for difficult-to-decarbonize sectors and renewable energy storage for the grid. The company says its high-temperature thermochemical battery has energy densities comparable to lithium-ion batteries at a lower cost, and it has just raised millions of dollars in funding. Read more here
Explore the economic and investment opportunities across different African countries. Our "Africa Unplugged" segment will provide you with the latest weekly news, policy updates, and insights.
???? Africa's biggest oil refinery has begun production in Nigeria, the company has said, ending a yearslong wait for a plant that analysts said Monday could boost refining capacity in a region heavily reliant on imported petroleum products. Read more here
???? Africa’s chance for green electricity: A joint study by the University of Tübingen, the Senckenberg Society for Nature Research, the University of Osnabrück and the University of Rwanda has found that 80 percent of the energy required in Africa could come from renewable sources by 2040 – if the capacity of existing power plants were fully utilized and all the plants currently on the drawing-board were built.?Read more here
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???? Africa finds itself at the crossroads of a significant transformation in the global gold trade. The relocation of Russian gold trading to Hong Kong, strategic alliances such as Mali and Russia's gold refinery agreement, and the surge in gold prices are reshaping the continent's role in this crucial industry. Read more here
Energizing Insights: Get an exclusive look at how CSI Energy Group is contributing to Africa's just energy transition. In this section, we'll share our latest weekly news.
Exciting News! The recent appointment of our new Deputy Group CEO is making headlines in Mauritius, Tanzania, and Kenya. This marks a significant milestone in emphasizing our commitment to Africa's just energy transition. This appointment has not only captured media attention but also resonates with our vision for a sustainable energy future in Africa.
#RedoxBlox?is excited to share an excerpt from the January 2024 CSI Energy Group article.