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 African Development Bank has agreed to invest $200 million to improve electricity access in Nigeria by building minigrids throughout the country.
A study has attempted to provide detailed analysis of the beneficial impact off-grid renewables, led by solar, are having on people in the world’s least developed countries.
Developer PowerGen has installed a new mini-grid in the country and plans to develop nine more projects with the support of the World Bank.
The energy transition is becoming ever more apparent among power companies, as was evident at the European Utility Week event last week in Paris, which showcased the hopes and fears of energy companies. Rebranding next year to ‘Enlit’, the organizers aim to reach the whole energy industry.
The microgrid utility has raised enough capital from Shell New Energies to deploy systems across sub-Saharan Africa.