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Uganda

East African renewables developers and investors need matchmaking

Lack of grid capacity and renewable energy institutions are a common lament in sub-Saharan Africa but there is no lack of cash to invest, nor eligible projects in East Africa, as a recent event heard; the problem lies in marrying the two.

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Rockefeller and Ikea foundations pledge $1bn for small scale renewables

With ‘shovel-ready’ projects across India, Africa and Latin America in line for a mix of grants, cheap loans, equity investment and financial guarantees from this year, the two bodies hope to trigger $20 billion in total funding and bring reliable power to a billion people.

Rising hardware costs slow Covid recovery for off-grid solar sales

The global off-grid solar appliance market began an uneven recovery from the worst ravages of the global pandemic in the second half of last year, according to market body GOGLA, but more finance and policy support must be made available to have any chance of achieving universal electricity access this decade.

West African commercial solar installer looks east

Nigeria and Ghana-based Starsight Energy has spent an undisclosed amount to acquire a half stake in the Kenyan subsidiary of East African peer Premier Solar Group.

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‘Solar can energize the East African recovery’

Patrik Huber, co-founder and managing director for East Africa at renewables leasing company Solarise Africa, has spoken to pv magazine about the company’s take on how the region can prime for a green recovery. Huber explained Solarise’s contribution to the recovery includes recent expansion into three new countries.

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Ugandan youth activist stuns Berlin energy transition event

Vanessa Nakate shocked organisers of the Berlin Energy Transition Dialogue by delivering a speech highlighting how she and a fellow youth activist had to submit their presentations for approval in advance of the event and were banned from criticising any of the politicians involved.

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Finance for 49 mini-grids in Sierra Leone and Uganda

Winch Energy has announced the project, which it hopes will be a significant bridgehead towards building $100 million worth of off-grid systems within two years, alongside Franco-Japanese partner Neot Offgrid Africa.

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EU cash will fund solar lights for fishers

Pending final closing, the Electrification Financing Initiative has announced it is considering private equity investments of €1.5 million to two French firms operating in Benin, Togo, Burkina Faso and Senegal, and $1.5 million to a Tanzanian business operating in Tanzania and Uganda.

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Crossboundary offers up its mini grids business model for African peers to benefit

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.

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African utilities wary of threat from renewables

The rise of clean energy and prosumers, net metering and greenhouse gas regulation all figure among the bogeymen as far as national electric companies are concerned.

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