After Russia’s invasion of Ukraine and the subsequent sanctions, the race is on around the world to find new sources of lithium. The prospect of running out of the rare element is a worst-case scenario for many countries. After all, it is a crucial component in the lithium-ion batteries used in electric vehicles. As EV demand rises off record gas costs, so too are lithium consumption and lithium prices.  Africa Getting Much More Attention from Lithium Seekers

Countries like China are currently focusing their lithium search in Africa, which has proved a treasure-trove of “green” minerals.

The World is Scrambling For Lithium Supply | Devamı>>>

The 15th flagship Global Wind Report 2019 by the Global Wind Energy Council (GWEC) provides a comprehensive overview of the global wind industry through the latest market data, country profiles, trends and analysis from GWEC Market Intelligence. Wind energy has expanded by leaps and bounds in the last 20 years, becoming a mainstream source of clean, cost-competitive energy around the world.

Key findings:

– 60.4 GW of wind energy capacity was installed globally in 2019, a 19 per cent increase from installations in 2018 and the second-best year for wind historically.

Global Wind Report 2019 | Devamı>>>

The U.K. government has announced £100 million ($126.11 million) of extra funding for renewable energy projects in Africa. The money will be used to support the Renewable Energy Performance Platform (REPP), which was set up in 2015 and supported by £48 million in initial funding from the U.K. 

The REPP’s broad goal is to “catalyze the growth” of the renewable energy sector in sub-Saharan Africa by helping developers to “overcome barriers to finance.”

The program currently backs 18 renewable energy projects in countries such as Tanzania, Burundi, Nigeria and Kenya.

UK Announces $126 Million of Funding For Renewable Energy in Africa | Devamı>>>