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Renewable energy projects worth $1bn destined for West Africa
With financial backing from the US government, solar developer Gigawatt Global Cooperatief signed a deal with the 15-nation Economic Community of West African States (Ecowas), to build $1bn worth of renewable energy projects in the region.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
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BBOXX secures a deal in DRC to deploy off-grid solar solutions
Next generation utility BBOXX has signed a pioneering deal with the government of the Democratic Republic of Congo (DRC), which will bring renewable electricity to 2.5 million citizens in the DRC by 2020.
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- Energy
- Region
- Sub-Saharan Africa
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A Mini-Grid Milestone: Can the Industry’s First Trade Association Help Electrify Rural Africa?
In April, the mini-grid industry got its first-ever trade association, as the Africa Mini-grid Developers Association (AMDA) launched with chapters in Kenya and Tanzania – and ambitious goals for expansion across the continent. Though AMDA's membership currently includes about a dozen companies providing 11,000 connections, it aspires to represent 90 percent of the mini-grid sector by the end of 2021. In a Q&A with Scott Anderson, AMDA co-founder Jessica Stephens discusses its plans to transform the mini-grid industry from a feel-good alternative to a power player in the energy sector.
- Categories
- Energy
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Why One Private Equity Firm Is Betting Big On Impact Investing In Renewable Energy
The concept of impact investing is hardly new and one that is refreshingly simple. It is simply about funneling investment dollars into companies established with the intention of generating a quantifiable, visible and broadly beneficial social impact alongside a financial return.
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- Investing
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Oikocredit invests $1.2 million in Inyenyeri Company to support clean cooking solutions
Inyenyeri’s fuel and stove solution cuts smoke and toxic fumes by more than 90% compared to traditional cooking methods.
- Region
- Sub-Saharan Africa
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East Africa a bright spot as world crawls towards energy goals
Indoor air pollution from burning wood, dung, kerosene and other dirty fuels causes over 4 million deaths a year, with women and children at highest risk, the report said.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Nigeria’s energy crisis: Consumers consider solar option
The inability of the Federal Government to harness the potential inherent in solar energy has left the country far behind other nations in the development of this renewable energy. It has also further dealt a debilitating blow on its aspiration to becoming an industralised nation.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Investing in the energy transition
Technology to address the health and environmental issues associated with cooking with wood and charcoal has been developed in Cambodia, in efforts towards clean energy.