Sun Exchange raises $1.6 million
The U.S.-based peer-to-peer solar equipment leasing marketplace Sun Exchange will use the funds for its pipeline of commercial-scale solar power projects.
Interview: the next decade belongs to Africa
Dr. Sam Duby, Africa Director for TFE Consulting, sat down with PV Magazine to discuss insights from TFE’s new report “Kenya: The World’s Microgrid Lab”, the importance of on-the-ground experience in energy access projects, and how tech and social innovation in Africa will be the headline of the next decade.
Europe helps Mozambique design auction mechanism for renewables
A €4 million fund will be used to support an initiative launched by the French Development Agency and the country’s power utility Eletricidade de Moçambique, E.P. (EDM).
Ethiopia launches tender for two 125 MW solar plants
The tender is part of the government plan to develop up to 500 MW of solar PV via the World bank’s Scaling Solar program.
AfDB to co-finance 50 MW of solar in Burkina Faso
The African financial institution plans to help Burkina Faso electrify Northern Dorsal Africa through solar power plants alongside with smaller projects such as solar pumps and lamps in rural areas.
World Bank finances Niger’s off-grid solar initiative with $50 million
The funds, provided by the International Development Association (IDA), will finance a project aimed at increasing access to electricity in rural and semi-urban areas of the Republic of Niger.
Lesotho secures grant from AfDB to launch 20 MW solar project
If built, the solar facility would be the country’s first large-scale PV power plant and would contribute to 13% of its maximum system demand.
World Banks provides $150 million for off-grid solar in Kenya
The funds will be used to bring solar power solutions to the country’s under served northeastern counties.
Chad’s first large-scale PV project receives financial support from AfDB
The 32 MW Starsol Solar PV plant will be the first independent power producer project to be connected to the national grid.
Zambia receives $34.8 Million from German KfW
The funding is to be used to implement a Renewable Energy Feed-in Tariff (REFiT)-Strategy. Zambia aims to attract investors to overcome the energy crisis and to generate power sustainably.
