Africa’s largest private equity firm has led a round of financing for Off Grid Electric to fuel the microgrid provider’s expansion in the continent, with investors including an arm of General Electric (GE).
Fortum, Futurice and Boond start the first Solar2Go pilot project in India, China donates thousands of solar systems to Nepal, BBOXX launches cloud-based task management platform
Major oil company Shell and European utility ENGIE are among investors to have pumped US$20 million into Husk Power Systems, a developer of microgrids which is expanding its efforts in Asia and Africa.
Atmosfair GmbH will build an energy storage system and PV project in Mam Rashan, a refugee camp in the Dohuk district of northern Iraq near the Syrian and Turkish borders.
Legislation proposed in Florida could see solar and energy storage become part of the go-to solution for providing energy resiliency against natural disasters and helping restore power in their aftermath.
The Church Pension Fund (CPF), a financial services organization that serves the Episcopal Church, has invested US$17 million in a fund that provides loans to microfinance institutions, distribution companies, and manufacturers in the off-grid solar sector in sub-Saharan Africa and South Asia.
Rays Future Energy, a rooftop PV and open access-focused subsidiary of Indian solar EPC Rays Power Infra, is executing 60MW of solar capacity under open access in Karnataka.
African safari lodges are increasingly taking up solar and storage options, not only to minimise environmental impacts of diesel generators, but also to improve power supply reliability, which can affect customer reviews for these holiday lodges.
