The governments of the two African nations are considering deploying huge volumes of generation capacity over two decades. The project, still in its initial phase, is being supported by the World Economic Forum’s Global Future Council on Energy.
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.
Already active through subsidiary Fenix International and start-up Engie PowerCorner, the French energy giant is expanding further by acquiring Mobisol, an off-grid systems specialist with operations in Kenya, Tanzania and Rwanda.
Two solar farms with 80 MW of generation capacity tendered in 2017 are being built and will be commissioned this year but another two, allocated at the same time, are no nearer construction. Kenya, however, has been touted as the site of Africa’s first wind-solar-storage hybrid project.
The solar home system company, which enables customers to pay their solar electricity bill through an app on their mobile on a PAYG basis, has conducted a monumental funding round as it eyes expansion to become a fully-fledged pay-as-you-go utility.
The country’s agency for rural electrification is seeking proposals for a 1.3 MW solar project and a 1.5 MW/2 MWh storage system.
Energy of Cameroon wants to build two solar parks to improve power supply in the country’s northern regions. The projects will be developed by a consortium led by Norwegian solar company Scatec.
Botswana Power Corp is seeking independent power producers to build two 50 MW solar parks. The projects are intended to reduce the nation’s dependence on power imports from troubled South African utility Eskom.
The Lone Star State accounted for almost half of the activity witnessed in the world’s biggest corporate clean energy marketplace but analysts are excited about the prospect of Beijing mandating companies to purchase minimum levels of green electricity.
Ethiopia is currently trying to set up a methodology for the calculation of electricity tariffs for mini-grid systems. Should the government’s work come to fruition, it can provide much-needed certainty to mini-grid investors.
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