africa

PV hybrid costs of US$0.20/kWh by 2030 would help install enough mini-grids to power half a billion people and close energy access gaps, says new report.

UN-, Netherlands-backed fund will invest US$850m in 1.7GW clean energy pipeline in African, Asian states, with solar meant to account for 40% of portfolio.

PV installation touted as one of sub-Saharan Africa’s largest to be commissioned this week, with Astronergy modules, Soltec trackers and Gamesa inverters.

Reatile Group has already invested in three projects being built by juwi in South Africa under the REIPPP.

EIB to back developer's 150MW pipeline across Africa, Swedish energy group eyes €500m raise, IRENA scheme seeks to standardise.

Funding of US$47 million will back the installation of stoves and others for over a million people in Kenya’s remote, electricity-deprived communities.

Results-Based Financing (RBF) mechanism for donors the key to providing rural clean energy access in Africa.

Greek firm is also working on hybrid projects in Tunisia and Nigeria.

African power sector company Globeleq has reached financial close on the 40MW Malindi Solar PV project in Malindi, Kenya and is commencing construction of the plant.

Marubeni Corporation has signed off on an agreement to acquire a stake in Azuri Technologies, entering into the solar home systems sector for off-grid areas in Africa. As a result of this deal, Marubeni’s investment will make the company the largest shareholder of Azuri.