AFDB’s Sustainable Energy Fund for Africa (SEFA) has agreed to provide Oxygen Energy with $1 million in financing to support the preliminary phase of a 20 MW off-grid rooftop solar project in the eastern African country.
The solar farm will be added and synchronized with an existing oil driven power plant. The hybrid power plant will serve a local gold mine, saving 18,500t CO2 emissions annually.
The Paris-based private renewable power producer focusing on Sub-Saharan Africa has announced it is to invest $280 million in new PV power plants in Nigeria.
Solar-powered minigrids could account for a greater slice of sub-Saharan Africa’s $740 million off-grid market, but progress is still needed throughout the region in terms of policy, financing and commercial services, the Rocky Mountain Institute (RMI) says in a new report.
The British provider of the pay-as-you-go off-grid solar system has commenced the installation of its home systems across Nigeria, with the aid of the country’s Niger Delta Power Holding Company.
CEO of Off Grid Electric Xavier Helgesen discusses the company’s goal of bringing solar power systems to three million West Africans and explains how off-grid solar is gaining wider acceptance as a “real” power source that can transform local economies.
A survey conducted in Kenya by Vulcan Impact Investing and mini-grid operator Steama.co, found that those who had benefited from solar mini-grids were eager for more solar power, while also highlighting how the technology had weened communities off kerosene and batteries.
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