Providers of solar-plus-storage into the continent of Africa have said that it is a misconception that lead acid batteries used in off-grid systems are recycled efficiently back into the supply chain.
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).
French energy company Total has acquired interest in two solar companies, Off Grid Electric and Powerhive, via its venture capital fund Total Energy Ventures (TEV), which invests in start-ups.
