CrossBoundary EnergyAccess Nigeria has committed to invest $60 million in minigrid projects developed by Engie, in the largest such transaction in Africa. The projects will connect more than 150,000 people to electricity for the first time.
Lagos-based Daystar Power is targeting 400 MW of installed generation capacity by 2025, after being acquired by Shell mere days after the Starsight-SolarAfrica merger announcement.
Sterling and Wilson Solar Solutions has signed an agreement to build 961 MWp of solar and 455 MWh of battery storage capacity in Nigeria.
The Nigerian state of Lagos and the World Bank have announced plans for 1 GW of rooftop PV by 2030.
Lack of locally-denominated finance, and of sufficiently long-term loans, are well established hurdles to the development of photovoltaics in Africa.
A business based at a Namibian mine has signed a 15-year power purchase agreement which will back the construction of a 5.4MW solar project. Elsewhere, the AfDB wants to roll-out solar panels to provide electricity access to six million people across six nations over the next six years.
An initial intent to commission 28 local solar-plus-storage networks has now been stated as comprising “around 20” mini-grids, with delivery expected this year, rather than by the middle of the year.
Commercial and industrial PV installer Starsight Energy says business is on the up thanks to rising wholesale energy costs in the country.
Commercial and industrial clients across the continent are turning to solar amid fears ever more cash-strapped conventional electricity companies will be unable to invest in their creaking grids, an online event has heard.
The raised ambition of an already huge renewables-powered hydrogen project in the Southern African nations vividly demonstrates the hydrogen and clean energy potential of a continent which accounted for just 0.5% of the world’s new solar capacity last year, according to trade body AFSIA’s annual report.
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