LAGOS, Nigeria and NEW YORK: B&S POWER HOLDING PTE, a Singapore based renewable energy corporation, and SUNNYFRED GLOBAL, a Nigerian investment entity, have concluded arrangements in collaboration with other stakeholders and Technical Partners, to Design, Develop, Finance and Construct West Africa’s Largest Solar Photovoltaic Farm in Nigeria – THE ASHAMA 200MW/HR SOLAR PV FARM. The […]
Signing of Japanese ODA Loan Agreement with Egypt: Contributing to a sustainable and stable supply of electricity in Egypt through providing budget support
The Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of the Arab Republic of Egypt in Cairo to provide a Japanese ODA loan of up to 25 billion yen for Development Policy Loan for Power Sector Reform. The objective of the program is to enhance sustainability and stability in the power […]
Pandemic casts shadow on off-grid solar sales in poorer nations
By Megan Rowling BARCELONA: As the coronavirus pandemic hit trade and incomes hard in developing nations, sales of off-grid solar products fell sharply in the first half of the year, even as many poorer households relied on them during lockdowns. Data compiled by GOGLA, the association for the off-grid solar energy industry, found global sales […]
African Entrepreneurs Living off the Grid are Relying on Cost-efficient Solar Fridges
‘ Keeping food fresh without refrigeration is near impossible in the scorching climate of sub-Saharan Africa. But it’s hard to power fridges in a region where almost 600 million people live off the grid. That’s where Brazil’s Youmma comes in. The company has developed a pay-as-you-go solar-powered fridge that is being snapped up by small […]
The solar fridge helping African entrepreneurs living off the grid
Keeping food fresh without refrigeration is near impossible in the scorching climate of sub-Saharan Africa. But it’s hard to power fridges in a region where almost 600 million people live off the grid. That’s where Brazil’s Youmma comes in. The company has developed a pay-as-you-go solar-powered fridge that is being snapped up by small business […]
Shell invests in African microgrid developer PowerGen Renewable Energy
PowerGen Renewable Energy (PowerGen), a company that develops, manages and supports micro-utilities in Africa, announced that it received Series B investment from Shell New Energies, as well as Omidyar Network, Acumen, Renewable Energy Performance Platform (REPP), EDFI ElectriFI, Sumitomo Corporation, DOB Equity, and Micro-grid Catalytic Capital Partners (MCCP). The company said the funds will strengthen […]
Diageo Pledges $219 Million for Clean Power at African Breweries
Diageo Plc will invest 180 million pounds ($219 million) in renewable-energy upgrades to breweries across Africa with infrastructure including new biomass boilers to turn wood chips, bamboo and rice husks into steam power. The world’s largest drinks maker will also add solar installations and water-recovery facilities at 11 brewing sites in seven countries including Nigeria, […]
Gridworks to invest $300 million in African electricity infrastructure
Capitalised by CDC Group, Gridworks intends to invest over $300m of long-term capital in transmission, distribution and off-grid solutions. One of the biggest challenges in Africa is energy access. Future Energy East Africa creates a platform for suppliers to showcase their innovative solutions to all the key players in the power and energy sector. CDC-backed […]
African Legal Support Facility supports $200 million energy plant in Rwanda
The African Legal Support Facility has provided advisory services support to the Government of Rwanda for the negotiation of its deal with Symbion Power to develop a $200-million-dollar energy plant by Lake Kivu in Rwanda, signed on 29 March 2019. The energy plant is expected to generate an additional 56 MW of electricity for Rwanda, […]