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Africa’s green energy developers face uphill battle

In depth
This article is part of the dossier: Africa’s natural gas loophole

By Pierre-Olivier Rouaud
Posted on Tuesday, 25 May 2021 11:35

South Africa Solar Park
Workers install solar panels at a photovoltaic solar park situated on the outskirts of the coastal town of Lamberts Bay, South Africa, Tuesday, March. 29, 2016. (AP Photo/Schalk van Zuydam)

A host of obstacles are preventing oil majors from achieving their renewable energy ambitions, from investment delays to natural hazards to a lack of clear legislation.

This is part 3 of a 4-part series

After their natural gas projects, oil majors are putting the spotlight on their renewable energy ambitions, most of which are focused on the solar and wind power segments. Total plans to invest $60bn in renewables within 10 years and aims to expand its renewable capacity to 100 gigawatts (GW) globally.

Also in this in Depth:

Africa’s energy transition dilemma

On the continent, oil majors Total, Shell and Eni have shifted their focus over to natural gas developments, but their renewable energy and carbon offset projects still make up a relatively small slice of their business.

Europe’s big oil companies exploit natural-gas loophole in Africa

Energy majors are increasingly reluctant to take on new oil projects, but they have not abandoned hydrocarbons altogether, with natural gas experiencing an upswing. In the second part of our series, we look at how the energy majors are increasingly reluctant to take on new oil projects.

Republic of Congo: Total undertakes forestry initiative on Batéké Plateau

In a continental first for the Patrick Pouyanné-led energy group, Total is planting a 40,000-hectare forest 200km north of Brazzaville.