The Kenyan financial services business has been developing rural mini grids across Africa and has announced plans to show its rivals how such networks can thrive, in a bid to accelerate access to electricity on the continent.
The United Nations High Commissioner for Refugees (UNHCR) is seeking proposals from independent power producers for PV plants ranging in size from 60 to 500 kW.
The renewables business is set to acquire the SN Power hydropower operator belonging to Norwegian state-owned private equity business Norfund, with the $1.17 billion deal expected to go through in the first half of the new year. Scatec said the transaction could offer floating solar opportunities.
The 30 MW fab will assemble modules with power ratings from 260 W to more than 330 W.
Artificial intelligence (AI) can play a key role in combating climate change, including by application in the renewables industry. Dustin Zubke is watching this week’s International Conference on Learning Representations workshop to find out how, after the Addis Ababa conference was moved online because of the Covid-19 pandemic.
The scale of fossil fuel deals signed between African governments and U.K. oil and gas interests reportedly amounted to more than 11 times the volume of renewable energy commitments as Britain scrambles for post-Brexit financial opportunities.
The investment will be made into a larger equity fund which seeks to develop 533 MW in the market, which currently has the lowest rate of access to electricity in the world. Even small capacity additions can bring economic impacts to many people.
The domestic company has cleared a third debt funding facility of $9 million with Kenya-based SunFunder, responsAbility and Oikocredit. The credit means 2.5 MW of off-grid capacity, enough to bring energy to 70.000 people.
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