Home Tag "Africa"

AFDB to provide underserved communities in Nigeria with sustainable energy solutions

The African Development Bank and the Government of Nigeria have launched the National Electrification Project (NEP), to address critical energy access deficits by channeling private sector investments into mini grid and off-grid solutions. The project, which will be implemented by Nigeria’s Rural Electrification Agency, is a boost to efforts to achieve the target of universal […]

SCOTS CROWDFUND £11.3M FOR SOLAR ENERGY PROJECTS IN AFRICA

London: A platform that crowdfunds finance for clean energy projects in Africa has been boosted by investments from over 200 people in Scotland, as enthusiasm for climate solutions ramps up ahead of the UN Climate Change Conference (COP26) in Glasgow later this year. The main goal of the platform, called Energise Africa, is to support solar energy resources in sub-Saharan Africa and improve […]

One step closer to clean energy for 30 million people in Africa

Africa’s first regional PPP hydropower project reaches key milestone Finance Minister signs grant agreement with European Investment Bank in Bujumbura EUR 9 million European support unlocks final preparatory works for Ruzizi III hydro project Follows 10 years of EIB and EU financial support for preparation of 147MW hydropower scheme Project backed by Burundi, Rwanda, DRC […]

Agreement for Africa’s first utility-scale floating solar farm, located in Seychelles, to be signed this quarter

Key agreements for the construction of Africa’s first utility-scale floating solar photovoltaic (PV) system in Seychelles are expected to be signed at the end of the first quarter of this year, said the Energy Commission. The Seychelles Energy Commission said in a press communique Thursday that it has issued a notice of intended award to […]

US$20m raise for solar power projects in Africa by Rensource Energy

Rensource Energy, the Nigerian startup has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar Network for solar power projects in Africa. The company that deals with renewable energy manufacture and operates solar-powered micro-utilities that provide electricity to commercial community structures, such as open-air trading bazaars. Since it’s launch […]

Smart solar pumps use big data to stop Africa being sucked dry

The pumps’ sensors record real-time data such as energy usage and pump speed in each location, which is shared with the International Water Management Institute (IWMI) to calculate groundwater extraction rates and levels NAIROBI : High-tech solar pumps mapping underground freshwater reservoirs across Africa are collecting data that can help prevent them running dry, the […]