Finance for 49 mini-grids in Sierra Leone and Uganda
Winch Energy has announced the project, which it hopes will be a significant bridgehead towards building $100 million worth of off-grid systems within two years, alongside Franco-Japanese partner Neot Offgrid Africa.
EU cash will fund solar lights for fishers
Pending final closing, the Electrification Financing Initiative has announced it is considering private equity investments of €1.5 million to two French firms operating in Benin, Togo, Burkina Faso and Senegal, and $1.5 million to a Tanzanian business operating in Tanzania and Uganda.
Crossboundary offers up its mini grids business model for African peers to benefit
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.
African utilities wary of threat from renewables
The rise of clean energy and prosumers, net metering and greenhouse gas regulation all figure among the bogeymen as far as national electric companies are concerned.
Tender launched to build small-sized solar plants in Kenya, Ethiopia and Uganda
The United Nations High Commissioner for Refugees (UNHCR) is seeking proposals from independent power producers for PV plants ranging in size from 60 to 500 kW.
Scatec to drop the ‘Solar’ with hydro acquisition
The renewables business is set to acquire the SN Power hydropower operator belonging to Norwegian state-owned private equity business Norfund, with the $1.17 billion deal expected to go through in the first half of the new year. Scatec said the transaction could offer floating solar opportunities.
Solar module factory begins production in Burkina Faso
The 30 MW fab will assemble modules with power ratings from 260 W to more than 330 W.
Tackling climate change with machine learning: Day 1
Artificial intelligence (AI) can play a key role in combating climate change, including by application in the renewables industry. Dustin Zubke is watching this week’s International Conference on Learning Representations workshop to find out how, after the Addis Ababa conference was moved online because of the Covid-19 pandemic.
Beijing to develop 500 MW of solar in Uganda
State-owned China Energy Engineering Corp Ltd said the PV capacity will be developed in two phases in a deal worth $500 million.
Renewables deals dwarfed by oil and gas at UK-Africa Investment Summit
The scale of fossil fuel deals signed between African governments and U.K. oil and gas interests reportedly amounted to more than 11 times the volume of renewable energy commitments as Britain scrambles for post-Brexit financial opportunities.
