This year’s Africa Energy Forum (aef) (www.Africa-Energy-Forum.com) has been rescheduled to take place in Amsterdam, the Netherlands from 20-22 October 2020. Previously due to take place in July, the move comes in the interests of all attendees’ safety after monitoring the COVID-19 situation and its impact on global economies. The Forum, organised by EnergyNet, brings together decision-makers in Africa’s energy sector to form partnerships, identify opportunities and collectively move the industry forward. EnergyNet’s Managing Director Simon Gosling commented on the move; “This decision has not been taken lightly and we…
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World wind capacity at 650, 8 GW, Corona crisis will slow down markets in 2020, renewables to be core of economic stimulus programmes
The overall capacity of all wind turbines installed worldwide by the end of 2019 reached 650,8 Gigawatt, according to statistics presented today by the World Wind Energy Association (WWEA) during a webinar. 59’667 Megawatt were added in the year 2019, substantially more than in 2018 when only 50’252 Megawatt got erected. 2019 was the second strongest wind year in terms of market size, with a growth rate of 10,1 %, higher than the 9,3 % of the previous year but lower than in 2016 and 2017. All wind turbines installed…
Read MoreThe economic crisis will expose a decade’s worth of corporate fraud
The Economist is making some of its most important coverage of the covid-19 pandemic freely available to readers of The Economist Today, our daily newsletter. To receive it, register here. For our coronavirus tracker and more coverage, see our hub When bernie madoff owned up to a $65bn Ponzi scheme in December 2008, it was not out of guilt. He knew the game was up. Three months earlier Lehman Brothers had imploded. The market meltdown sent clients clamouring to withdraw from his funds, leaving them depleted with many investors still…
Read MoreDepression during lockdown can lead to decrease in immunity’
The adverse effects of being glued to the television, newspapers and social media under the current lockdown is starting to show in the form of stress, strain and depression in many. But this may compromise the body leading to decrease in immunity to fight the coronavirus, it has emerged. “I have started trying new recipes and taken up baking,” says Aisha, a university student. “I am also attending online classes but still since I am home all the time, I have a lot of time. The downside of this is…
Read MoreIn Pakistan, IPPs offer to conduct forensic audit
Amid the row over capacity payments, the independent power producers (IPPs) have offered the government to carry out a forensic audit by hiring a renowned chartered accountancy firm. In a meeting held between representatives of the IPPs and government officials on Thursday, sources quoted the IPPs as saying that if the government felt that power producers were involved in malpractices, it should carry out a forensic audit by hiring a renowned chartered accountancy firm. They added that if any evidence of wrongdoing or fraud was found, such IPPs should be…
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