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Starsight Gets $10 Million Funding to Expand Solar Power Solutions in Nigeria, Ghana
A Helios and AIIM-backed solar power solutions firm, Starsight Energy, said it has obtained a $10 million financing that would enlarge its current senior debt facility in a bid to scale up its generation capacity and services in the Nigerian and Ghanaian markets.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Analysis: How Can We Ensure Energy Is Clean, Secure and Affordable?
A disruptor and a fresh start, though unexpected: the coronavirus pandemic has brought immeasurable grief and hardship, but it has also created unprecedented momentum for deep and structural change in society and industries.
- Categories
- Energy
- Tags
- renewable energy
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Lake Turkana Wind Power to Take Full Advantage of Digitization
Software as a service company Clir Renewables has today announced a partnership agreement with the Kenyan-based Lake Turkana Wind Power (LTWP).
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
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Total to Acquire 20% Stake in Adani Green Energy for US $2.5 Billion
Total France, a global energy major, will pick up a 20 per cent stake in Adani Green Energy Ltd (AGEL), the renewable power company of Adani Enterprises, by way of acquisition of shares held by the Adani Promoter Group (APG).
- Categories
- Energy
- Region
- Asia Pacific
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Nigeria’s Daystar Power Secures US $38 Million Series B Investment Led by IFU
The round was led by the Investment Fund for Developing Countries (IFU), the Danish development finance institution (DFI). IFU is joined by new investors STOA, a French impact infrastructure fund, Proparco, the French DFI, backed by a guarantee from the European Union under the African Renewable Energy Scale-Up facility (ARE Scale-Up) and Morgan Stanley Investment Management.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, scale
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How India’s Renewable Energy Sector Survived and Thrived in a Turbulent 2020
Record-low solar tariffs and flexible clean power auctions pushed India’s renewable energy growth in the midst of pandemic impacts. Now, it’s a question of pace.
- Categories
- Energy
- Region
- Asia Pacific
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Enel Teams up With Qatar Wealth Fund on Africa Green Energy Projects
Under the deal, the Qatar sovereign wealth fund will, as a first step, buy half of Enel's stake in 800 megawatts of its existing renewable capacity in South Africa and Zambia.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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India to Upgrade Rural Power Distribution Networks
The Asian Development Bank (ADB) and the government of India have signed a $300 million loan to upgrade rural power distribution networks to provide reliable electricity supply to consumers in the state of Uttar Pradesh.
- Categories
- Energy
- Region
- Asia Pacific
- Tags
- gender equality