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.
German company Ecoligo is offering micro investment in the construction of a 69 kW floating solar plant on the reservoir of a flower farm.
Innoenergy’s recent conference in Berlin repeated the argument financing renewable energy projects in Africa remains a struggle, however it also showcased some hopeful case studies.
Ecoligo has launched another financing round for the installation of a rooftop solar PV system at a flower farm in Kenya. The system is set to reduce the farm’s grid electricity demand by 50%, and lower its OPEX.
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