east africa

Financiers will each pump US$53 million into the deployment of two adjacent 40MW solar farms already being built by EPC contractor Grupotec.

The USTDA-backed feasibility study will determine the hybrid project’s commercial viability and gauge the optimal mix of on-site technologies.

US player MCX to invest US$100 million to deploy 30-50MW installation at Mwale Medical and Technology City, with plans to break ground in November.

The majority of households with PV systems in East Africa have reported an increase in economic activity in the first three months of using the solar power, according to a new report from GOGLA, the global association for the off-grid solar energy industry.

Mastercard and off-grid solar firm M-KOPA are to pilot a new payment technology to support pay-as-you-go (PAYG) solar opportunities in Uganda, with plans to roll out across East Africa.

A report on the off-grid solar market has revealed that there has been a 7% drop in off-grid solar and home system product sales worldwide yet the market remains “buoyant”.

Uganda-based off-grid and home PV firm SolarNow has received a US$6 million syndicated off-grid solar financing facility.

Mobisol has secured funding from Finnfund for its East Africa expansion, CEFC's investment commitments more than doubled last fiscal year, Acciona is supplying renewable energy to Latin America's largest retail store chain, Sungrow has supplied inverters and an energy storage system to the Bahamas.

Emerging market project developer, owner and operator Access Power has announced the shortlist of winners for financing under its Access Co-Development Facility (ACF) fund, with solar forming the largest share of projects.

Off-grid solar product distributor d.light has partnered with cloud-based microfinance institution Musoni to expand access to solar for low-income consumers in Kenya.