The move will encourage private sector renewables companies to be part of the national energy industry, a representative of the regulator told a recent webinar which considered how to accelerate clean energy roll-out in Africa.
GreenYellow, a French energy solutions provider, has secured a €4.5 million guarantee from the Multilateral Investment Guarantee Agency to facilitate the construction, operation and maintenance of a 30 MWp solar project in Burkina Faso.
Platinum group metals mining giant Anglo American Platinum (Amplants) has selected Pele Green Energy and EDF Renewables South Africa as the preferred developers to build a 100 MW solar PV plant in South Africa.
pv magazine has spoken to Bill Lenihan, CEO of Netherlands-based energy system installer start-up Zola Electric – formerly Off Grid Electric – to find out how the business intends to spend the $90 million debt and equity investment it recently raised.
Sun Exchange is seeking to deploy 1 GW of solar power projects in Africa the next five years as it further expands its user base. Sun Exchange CEO Abraham Cambridge spoke to pv magazine about how the company will use its newly acquired funds.
U.S.-owned, Nairobi-based mini-grid developer PowerGen has already rolled out seven local solar networks in the West African country, funded by equity investors who will recoup their cash when all 28 systems are sold to CrossBoundary Energy Access.
The head of the nation’s Smart Energy Council told an event organized by the Global Solar Council, that landmark could be achieved even amid Covid-19 restrictions.
The question of overly complicated, time-consuming permitting processes again raised its head at a two-day online event held by the Global Solar Council to examine how to accelerate deployment of photovoltaics.
The Alliance for Rural Electrification (ARE) and the Solar Industry Association of Zambia (SIAZ) have signed a memorandum of understanding (MoU) to support the transition to renewable energy sources in Zambia. One of the goals is to create at least five million green jobs globally.
Lack of grid capacity and renewable energy institutions are a common lament in sub-Saharan Africa but there is no lack of cash to invest, nor eligible projects in East Africa, as a recent event heard; the problem lies in marrying the two.
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