African Rainbow Energy and Power (AREP) acquires 40% of Sola Group, a solar energy provider based in Cape Town, South Africa. Through this investment by AREP, Sola Group will expand its activities in Southern Africa. African Rainbow Energy and Power (AREP) is now the majority shareholder in Sola Group, a solar energy provider that focuses […]
A crowd-powered solar future for Africa
The Sun Exchange founder and CEO, Abe Cambridge, early on became painfully aware that climate change presents an alarmingly imminent threat to humanity. Cambridge also realised that the solution is to transition the world away from fossil fuels and towards solar power, the most deployable, affordable and accessible type of renewable energy. Working as a […]
Africa to see a huge renewable energy boom driven by Egypt and Algeria
Africa’s installed capacity of renewable energy, which stood at 12.6 gigawatt (GW) in 2019, is set for consecutive years of growth, a Rystad Energy analysis shows The continent’s capacity is forecast to reach 16.8 GW in 2020, add another 5.5 GW in 2021, and further climb to 51.2 GW in 2025, led by growth in […]
AFRICA : ElectrifI finanaces three solar energy suppliers operating in 6 countries
Three solar energy suppliers are receiving €4.5 million in financial support from the European Union through its Electrification Financing Initiative (ElectriFI). This funding benefits Simusolar, Sunkofa SAS and Myjoulebox, which offer their electricity access solutions in at least six African countries. The European Union’s Electrification Finance Initiative (ElectriFI) is once again in the news. This […]
With the solar energy boom, Africa is facing an unprecedented opportunity
This week Joe Biden will be inaugurated as the 46th president of the United States, after what was probably one of the most controversial elections in history. As in every US election, global stock markets shift and turn according to the elected candidate’s main objectives and proclaimed initiatives, and one of the leading agendas of […]
Africa Energy Access Flagship Report Off-Grid Solar
Africa Energy Access Flagship Report Off-Grid Solar The assignment forms part of the Africa Energy Access Flagship which will present a strategic investment roadmap to support SubSaharan African (SSA) countries in the path to achieve universal energy access by 2030. This assignment will focus on the off-grid solar standalone sector. Building on existing literature, especially […]
Climate change: Africa’s green energy transition ‘unlikely’ this decade
Fossil fuels are set to remain the dominant source of electricity across Africa over the next decade, according to a new study. Researchers found that around 2,500 power plants are planned, enough to double electricity production by 2030.But the authors say that less than 10% of the new power generated will come from wind or solar.The authors […]
Renewable generation to remain below 10% in Africa by 2030
The amount of non-hydro renewables such as solar in Africa is likely to remain below 10% in 2030, although there are significant regional differences. This is according to a new study from the University of Oxford, which used a state-of-the art machine-learning technique to analyse over 2,500 currently-planned power plants and their chances of being […]
KEC International wins new orders worth Rs 1,024 cr
Infrastructure major KEC International has secured new orders of Rs 1,024 crore across its various businesses. Infrastructure major KEC International has secured new orders of Rs 1,024 crore across its various businesses. The company said it secured orders for power transmission and distribution projects in India, Middle East, Africa and the Americas. Its railways secured […]
LONGi partners with Maryzad on the large-scale application of sustainable renewable energy in Egypt, Africa
As it expands its presence in Africa, LONGi has announced the appointment of Maryzad, a Saudi-Egyptian company founded in 2012, as a new major distributor and partner, leveraging its strengths in the field of solar, alternative and renewable energy. Water requirements in Egypt have grown over recent years due to an increase in population, improving […]