Solar energy providers Munyax Eco and WidEnergy have just received investments from the Opes-LCEF fund. The funding will enable the two companies, based in Rwanda and Zambia respectively, to cope with the consequences of the Covid-19 pandemic. The funds received by Munyax Eco from Opes-LCEF will help finance its stocks and the expansion of its […]
Floating Solar Ready for Take-Off
Whether floating or hanging, solar panels have the potential to both provide electricity and reduce evaporation from reservoirs. It is an idea that may have found its moment. Droughts are crippling power supplies from many hydroelectric dams across Africa, with dwindling reservoirs evaporating in the hot sun. So, say researchers, why not tap that sun? […]
Climate Finance as a Way to Create Energy Access in Africa
Stories about climate finance are starting to flood the internet in the build-up to COP26 at the end of the year, but the conversations vary, depending on your geographic location. While financiers, power developers, utilities and everyone involved in producing energy can agree that financing to address climate issues is needed, the exact parameters vary. […]
Solar Minibuses for Africa? Data Seen as Key to Green Transport Switch
As emissions from African transport surge, governments need to find ways to encourage a shift to cleaner, healthier electric vehicles, especially among the minibus and motorcycle taxis that dominate transport in many cities, researchers said on Thursday. Investment in generating more solar-powered electricity to charge electric vehicles (EVs) could encourage their use, cut pollution and […]
Orange Leads Solar Panel Deployment Across Africa and the Middle East
Orange is accelerating its solar projects in Africa and the Middle East to reduce its carbon footprint to zero by 2040. Across the entire region, many sites are not connected to the electricity grid and when they are, the quality of the grid often requires alternative backup solutions. To avoid using generators that run on […]
Africa Needs Electricity Now More Than Ever, Especially To Keep COVID-19 Vaccines Cold
Solar energy conjures up images of rooftop panels. The depiction is especially true in Africa, where about 600 million people are without access to electricity — power to keep the lights on and power to keep the COVID-19 vaccine frozen. Africa’s economy has experienced solid growth at an average of 3.7% throughout the continent. That […]
Trina Solar Further Expands its Regional Presence in the Middle East and Africa
Announces appointment of Solar Power Etal as new distributor in Nigeria. Dubai, UAE : Trina Solar Co., Ltd., a leading global PV and smart energy total solution provider, is announcing the signing of an official distributor agreement with Solar Power Etal to supply Trina Solar’s products and solutions in Nigeria. The new appointment comes as […]
D-Lab project leads to solar career in Africa
When she started her junior year after a corporate internship that left her feeling unfulfilled, Jodie Wu ’09 was questioning her path as an engineer. Participating in a D-Lab class project in Tanzania revealed a way to use her passion for engineering to help serve emerging markets in Africa while also having an impact. Wu […]
AFRICA: MICA guarantees Bboxx solar systems in rural areas
The Multilateral Investment Guarantee Agency (MIGA), a subsidiary of the World Bank Group, has issued guarantees for the Energy Inclusion Facility’s Off-Grid Energy Access Fund (EIFOGEF LP) and the African Infrastructure Investment Fund 3 (AIIF3) of the African Infrastructure Investment Managers (AIIM). The guarantee covers their investments in the solar home systems provider Bboxx in […]
Record EUR 5 billion EIB engagement in Africa transforms access to green energy, clean water, private sector growth and COVID resilience
Includes largest ever annual EIB financing for climate action in Africa and 71% in fragile states Leading Team Europe response to back COVID-19 health investment and economic resilience EIB investment improving access to clean water, green energy and flood protection for millions Mobilised EUR 1 billion of new investment to improve opportunities for women and […]