The investment fund KawiSafi Ventures has just taken a $5 million stake in the BioLite company. Through this financing, the supplier of solar home systems and ecological cookers wants to expand the distribution of its solutions in Africa. Good news for BioLite. The supplier of eco-friendly cookers and solar home systems is obtaining new funding […]
AFRICA: EEP Africa finances Redavia to provide solar energy to enterprises
Photovoltaic solar energy provider Redavia has recently received a €1.5 million loan from EEP Africa, a multi-donor fund hosted and managed by the Nordic Development Fund (NDF). This funding will enable Redavia to expand the deployment of its solar systems to businesses primarily in Ghana and Kenya. Redavia obtains funding to deploy its solar photovoltaic […]
ENGIE plays the long game in Africa
ENGIE faced a steep learning curve as a first mover in Africa’s renewable energy sector. But the company and its African customers and partners are now reaping the rewards. ENGIE Africa employs around 4,000 people across the continent from Morocco to Uganda. Many of them work in the off-grid sector, designing and installing infrastructure, and […]
Africa can become a renewable energy superpower
The power of climate science denial in the UK, thankfully, has been in retreat over the past decade. Nigel Lawson’s Global Warming Policy Foundation (GWPF) may still boast a prime Westminster address, but its influence has waned. In fact, its decline aptly mirrors the fortunes of the coal industry, including US titans such as Peabody […]
Ghana, Africa Could Save Millions By Improving Solar, Wind Energy Sources—IES Research Paper
A Research article by the Institute for Energy Security (IES) has made a case for the strong consideration of Solar and Wind energy sources in Ghana and Africa’s post-COVID recovery plan. In an article authored by IES Research and Policy Analyst Raymond Nuworkpor citing multiple authorities, The IES said not only does the adoption reduce […]
NTPC leverages its solar power skills to secure Africa foothold
NTPC plans to help Gambia, Malawi develop solar power parks, and is eyeing contracts in other nations NTPC identifies 10 ISA member nations who may be willing to put up solar parks in the near future New Delhi : India is leveraging its solar power expertise as it ventures into African nations under the aegis […]
Feasibility studies and draft projects for 11 photovoltaic mini grids in Mozambique
The Government of Mozambique has received financing from the World Bank toward the cost of the Energy For All (Proenergia), and intends to apply part of the proceeds for consulting services. The consulting services (“the Services”) include: Feasibility studies and draft projects for 11 photovoltaic mini grids, preparation of bidding documents and technical assistance during […]
The Agricultural Marketing Board (AMB) of Mauritius floated tender for building a Solar PV plant
The Agricultural Marketing Board (AMB) of Mauritius has actually released a tender for building of a PV plant on its land. The project will certainly be constructed in the Moka area in the main plateau of the island. It was not defined whether the project would certainly integrate power generation with farming as well as […]
African Union and IRENA to Advance Renewables in Response to COVID-19
The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to Covid-19. The two organisations will focus on innovative solutions to drive the development of renewable energy including decentralised systems, and to increase access to energy across […]
AFDB donates more than 12 million euros to finance the energy transition
The Board of Directors of the African Development Fund (ADF), the concessional financing window of the African Development Bank Group, approved, Wednesday, March 25 in Abidjan, a donation of 12.46 million euros (10 million of Units of Account) intended to finance the Energy Transition and Institutional Support Program (ETISP) in São Tomé and Príncipe. The […]