African renewable energy market will grow significantly
According to Frost & Sullivan, Annual Renewable Energy Project Tracker, several wind projects currently being developed in North Africa will be fully operational by the end of 2010. Upon completion of these African wind farm projects, installed wind power capacity in Africa will see a dramatic increase. Additionally, the off-grid solar power market in Sub-Saharan Africa is anticipated to advance at a compound annual growth rate (CAGR) of more than 10 percent between 2009 and 2015.
“South Africa and Kenya, leaders in the RE industry, have announced feed-in tariffs for RE projects along with other regional governments that are currently investigating opportunities for RE projects," says Frost & Sullivan Energy and Power Systems Programme Manager Cornelis van der Waal. "Many developmental agencies consider small-scale RE projects as the most feasible solution for accelerated rural electrification and therefore are increasingly investing in medium-sized projects, especially wind and solar projects."
The Sub-Saharan African renewable energy market is due to triple in investment value between 2010 and 2015, which is motivated by a need for energy diversification and energy security supply. Awareness of the important role renewable energy projects have in energy security and rural electrification is on the rise.
Renewable energy projects are faced with the challenge of a slow paced regulatory reform and the ongoing monopolies of state utilities. A rehabilitation of the industry is necessary in order to speed up the pace of development and the private sector, particularly, incentives should be provided to invest in the sustainable sector.
"For example, in South Africa, there is huge investment planning towards the development of a large scale wind industry which is currently hampered by RE caps and time-consuming power purchase agreements (PPA) signings," explains Van der Waal.
South Africa, Kenya, Nigeria and Uganda are exploring the inclusion of grid-connected solar power into the national RE feed-in tariff (REFIT) policy. Companies with local manufacturing capacity will be the first choice to supply the solar photovoltaic technology.
"South Africa is expected to approve the renewable energy feed-in tariff for grid-connected solar power in 2010," concludes Van der Waal. "This will allow companies with local manufacturing capacity to capitalize on the feed-in tariff laws."
Swire Energy buys ALL NRG, Vestas wins Australia wind order
The company currently operates across wind markets in Europe and Asia. ALL NRG was established in 2014 by Nordic private equity firm, Via Equity, by the acquisition of four prominent energy-related companies: APRO Wind, VB Enterprise A/S, Q-Star Energy A/S and WTG Partners A/S.
Manfred Vonlanthen, CEO of Swire Energy Services, said: “This acquisition, alongside the investment of BladeInsight in June of this year, positions Swire Energy Services firmly within the wind industry. ALL NRG has an impressive track record and is a trusted service provider, with access to over 600 highly qualified technicians.
“With this competence, in combination with our global reach and our long-term experience operating safely in the offshore environment, we will be able to service OEMs, operators, and owners with a full spectrum of specialist services for wind projects globally. We welcome Michael Thatt and his team and look forward to developing our service offering together in line with our strategic vision for wind services within SES.”
Via Equity is happy to see the ALL NRG services continuing under new ownership and we are certain SES will have great opportunities to excel in the very promising market for wind and solar, added Peter Thorlund Haahr, partner at Via Equity.
This is the second wind focused acquisition for Swire Energy Services this year, and forms part of the company’s long-term strategic objective to grow its renewable energy sector offering to support customers through the energy transition.
ALL NRG will be rebranded Swire Energy Services, which will roll out across the organisation from August 3.
Vestas wins 58 MW wind project order in Australia
In partnership with Global Power Generation, a subsidiary of the multinational power company Naturgy Group, Vestas has secured a 58MW deal for Crookwell 3 Wind Farm in New South Wales, Australia. The project will feature 16 V126-3.45 MW wind turbines in 3.6 MW operating mode which Vestas will supply and install.
Upon completion, Vestas will also deliver a 15-year Active Output Management 5000 (AOM 5000) service agreement. This agreement will optimise energy production while also providing long-term business case certainty.
“As the largest installer and maintainer of wind turbines, both globally and nationally, we are pleased that customers like Global Power Generation (Naturgy Group) continue to choose our leading technology, market experience and broad service solutions”, said Purvin Patel, President of Vestas Asia Pacific.
“Global Power Generation (Naturgy Group) is a globally valued customer to Vestas”, said Peter Cowling, Head of Vestas Australia and New Zealand. “We look forward to championing their ambitious vision of sustainability in Australia through the successful delivery of Crookwell 3 Wind Farm, and our remaining projects which are currently in progress.
Once again, Global Power Generation is very pleased to partner with Vestas as OEM and long-term maintenance provider for Crookwell 3 Wind Farm, added Pedro Serrano, Chief Business Development Officer, Global Power Generation (Naturgy Group). Delivery of the wind turbines is expected to occur in the second quarter of 2022, with commissioning to commence in Q4 2022.
Last month leading CEOs from the global wind industry united to call on G20 members to show leadership in the climate crisis by raising national ambitions and urgently laying out concrete plans for increased wind energy production to replace fossil fuels (click here).