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How African Companies Are Solving the Continent’s Solar Finance Problem
While solar adoption is soaring in wealthier regions, it remains startlingly low in Africa. As of 2022, only about 13 gigawatts of solar capacity had been installed across the entire continent.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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AFC and d.light Achieve Off-Grid Solar Industry Milestone with Full Repayment of Senior Debt for $110 Million Securitization Facility
AFC’s groundbreaking USD$110 million securitization vehicle, BLK1, the first securitization instrument for Pay-As-You-Go solar home systems, has achieved a full exit for its senior lenders months ahead of schedule.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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South Africa’s Hohm Energy Raises $8 Million to Drive Solar Revolution
Hohm Energy will accelerate the adoption of rooftop solar in South Africa by investing in its new cutting-edge climate fintech strategy.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Arnergy, Which Provides Solar Power Systems to Homes and Businesses in Nigeria, Raises $3 Million
Arnergy was launched as a provider of sustainable energy services intended to deliver clean and reliable energy for businesses or homes.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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World Bank Allocates Nearly $300 Million to Support Renewable Energy Projects in Eastern and Southern Africa through Partnership with TDB
This platform aims to facilitate electricity access for up to 5 million people, clean cooking access for up to 1 million people, and add up to 35MW of energy capacity to the region.
- Region
- Sub-Saharan Africa
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Beyond Illumination: An Off-Grid Energy Provider in Indonesia Innovates to Maximize the Impact of Solar Home Systems
Indonesia, a vast archipelago of 18,000 scattered islands, faces unique energy access challenges. Hanko Scheffers at All Solar World discusses the obstacles to rural electrification in the country, and explores how All Solar World has addressed them through its unique take on solar home systems (SHS). He explains how the company has innovated on the technology itself (through features like Wi-Fi integration), while also optimizing its dissemination network and financing options, in an effort to maximize the reach and impact of SHS in rural communities.
- Categories
- Energy, Technology
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Report: Navigating the Opportunities and Risks of Solar Irrigation: The Importance of Comprehensive Accounting and Smart Regulations
A realistic assessment of the technical and logistical costs, complexities, and expected returns from linking solar irrigation with carbon credit programs in LMICs should be undertaken to set realistic expectations.
- Region
- Sub-Saharan Africa
- Tags
- agtech, energy access, food security, regulations, research, solar, water
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India Announces Scheme to Install Rooftop Solar on 10 Million Homes
The scheme is intended to not only reduce the electricity bill of the poor and middle class but also make India self-reliant in the field of energy.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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