Covid-19 rescue measures such as delaying electricity bill payments pile added pressure onto energy companies already hit by pandemic-related falls in demand in a continent which a new study suggests is too dependent on donor aid for the development of renewables.
With a previous 50-50 split between equity and debt investment funding for the off-grid market lurching to 84% borrowing, and commentators stating most of this year’s backing was agreed before the onset of Covid-19, fears are mounting about the prospects for the sector.
Solar support is on the way for businesses and communities struggling to cope as the coronavirus outbreak ripples across the continent.
The Economic Community of West African States should prioritize the development of solar PV to meet surging energy demand over the next 30 years, according to a newly published study.
An international research team has defined the operational parameters needed to design and manufacture crystalline silicon PV modules for tropical climates. The group proposed a back-junction, back-contact cell tech with a selective laser soldering technique it claims offers the best potential to yield such robust panels.
PEG Africa, a company offering pay-as-you-go solar to consumers and businesses in West Africa has received a $5 million investment from European Union initiative ElectriFi. The company says it has now secured more than $50 million and plans a major expansion.
A 90 kW pay-as-you-go solar system is helping a fish trading company cut energy bills at its cooling sites.