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AFRICA: EIB and TDB lend $120 million to SMEs for renewable energy

The European Investment Bank (EIB) has recently partnered with the Eastern and Southern African Trade and Development Bank (TDB) to open a USD 120 million credit line. It is intended to finance renewable energy projects for small and medium-sized enterprises (SMEs). The 9th Summit of Heads of State and Government of African, Caribbean and Pacific […]

Construction of 5 solar parks underway across Iran -EQ

AFRICA: REPP will finance renewable energy projects run by women

The Renewable Energy Performance Platform (REPP) has recently launched a call for expressions of interest to finance renewable energy projects run by women. Interested project leaders have until January 15, 2020 to apply. It is an initiative that will support women’s entrepreneurship in Africa and at the same time promote renewable energy. The Renewable Energy […]

Construction of 5 solar parks underway across Iran -EQ

Blockchain Solving The Energy Crisis In Africa

Blockchain technology’s use of a non corruptible ledger brings an exciting change to the future of the energy industry. Like other Ethereum networks, cities will utilize Smart Grids to have an online register that stores all the information running through a municipality. This decentralization of data will give consumers total over where they source their […]

Construction of 5 solar parks underway across Iran -EQ

Orange partnership to drive off-grid solar in Africa

Global telecommunications operator Orange has partnered with solar pay-as-you-go provider Greenlight Planet, to provide Orange customers with access to clean energy solutions in several African countries. These countries include Burkina Faso, the Central African Republic, the Democratic Republic of the Congo, Liberia, Mali, Sierra Leone etc. The partnership involves both companies deploying Greenlight Planet’s Sun […]

Construction of 5 solar parks underway across Iran -EQ

Africa to become world leader in renewables

JOHANNESBURG: Africa, where close to half of its 1,2 billion people have access to electricity, is set to become a world leader in renewable energy. As global business and development leaders met in Johannesburg, South Africa, to attend the Africa Investment Forum (AIF), one of the key focuses of the deals being discussed was around […]

Construction of 5 solar parks underway across Iran -EQ

AFRICA: Oslo offers €30 million guarantee to renewable energy suppliers

The Norwegian government has decided to offer a guarantee of NOK 300 million (30 million) per year to renewable energy suppliers to guarantee their investments in low-income countries. Many of these countries are in Africa, south of the Sahara. Good news for renewable energy suppliers based in Norway. Dag-Inge Ulstein, Norway’s Minister for International Development, […]

Construction of 5 solar parks underway across Iran -EQ

Second life lithium battery storage in Kenya to come in at ‘half the cost’ of lead acid

Lithium-ion waste from a solar lantern scheme run by oil & gas major Total in Kenya will be recycled into new batteries for solar home systems by start-up Aceleron. Total Access to Energy Solutions (TATES) sells solar lamps and kits in emerging markets and aims to sell 6 million distributed “solar energy decentralised solutions for […]

Battery Energy Storage Systems: A Clean Energy Solution NY Needs -EQ

SOUTH AFRICA: Eskom launches major tender for electricity storage

South African state-owned company Eskom is to initiate a call for tenders for a large-scale battery-powered electricity storage project. It will be implemented in two phases with an expected capacity of 1.4 GWh. South Africa is about to launch one of the largest electricity storage projects in the world. This involves the installation of batteries […]

Construction of 5 solar parks underway across Iran -EQ