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.
With pressure mounting on the world’s governments to turn their back on the fossil fuel, China and peers in South East Asia, Europe and South Asia could help deliver a coal-free future at the COP26 climate summit planned in Glasgow in November.
Through the tender, the administration of Windhoek wants to build several projects on a build, own, and operate basis.
Canadian mining company Trevali will buy power from a solar plant located near its Rosh Pinah mine under a 15-year power purchase agreement.
Trade bodies the Africa Solar Industry Association and the African Hydrogen Partnership hosted a two-day virtual conference to discuss the role green hydrogen can play in economic growth across the continent–and how it could drive desalination in freshwater-starved coastal countries.
An overview of the state of solar across the continent by trade body the Africa Solar Industry Association has highlighted a patchy policy landscape where clean power ambitions are often not followed through.
With Cape Town-based The Sun Exchange’s cell-level solar leasing model now reportedly serving 19,000 micro investors, linking finance directly to carbon emission tonnage is another route to bringing PV investment to fruition across the continent.
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