The Accelerating Battery Storage for Development program is intended to leverage US$4 billion in new investments, and to support projects for utility-scale solar parks with battery storage, off-grid systems, including mini-grids, and stand-alone batteries.
An Africa power sector scorecard shows that solar will make inroads into the African energy sector over the next two years, accounting for 9% of new capacity additions, as renewables uptake across the continent continues to grow.
The French multinational telecommunications corporation has announced a plan to begin providing off-grid solar solutions to Burkina Faso and, at a later stage, in Senegal, Mali, Guinea, and the Ivory Coast.
The U.S.-based off-grid specialist will use these financial resources to expand its business in Asia and Africa.
The facility is planned to improve liquidity of developers of renewable energy projects up to 50 MW across Africa.
Dr. Sam Duby, Africa Director for TFE Consulting, sat down with PV Magazine to discuss insights from TFE’s new report “Kenya: The World’s Microgrid Lab”, the importance of on-the-ground experience in energy access projects, and how tech and social innovation in Africa will be the headline of the next decade.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.