BBOXX has secured a US$8 million loan from the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF) that will see the company accelerate its roll-out of solar home systems across Rwanda, its largest market.
The distributed renewable energy (DRE) sector, necessary in a world with millions of people without power, is being held back by a chronic shortage of skilled workers. Indeed, Sub-Saharan Africa (excluding South Africa) has just 16,000 people working in renewable energy in a region with 600 million un-electrified people, according to the founders of a new campaign aiming to fill this skills gap.
French power giant EDF has acquired a 50% stake in the Togo-focused unit of off-grid renewable energy specialist BBOXX, with EDF adding its financial clout to speed up solar home system deployments and its technical expertise to improve the energy storage offering.
UK-based off-grid renewables specialist BBOXX and GE have signed off on a partnership to provide energy access for small businesses, schools and other organisations in Goma, Democratic Republic of Congo (DRC).
UK-based off-grid renewables specialist BBOXX has signed a deal with the Government of the Democratic Republic of Congo (DRC) to bring clean power to 2.5 million citizens across the African country by 2020, via off-grid solar kits and mini-grids.
The Sindh government aims to hold auctions for 400MW of solar parks, install 15MW of rooftop solar on public buildings and reach 250,000 households with solar home systems, having released a new environmental framework.
Orange, which already provides energy access through solar to residents in the Democratic Republic of Congo (DRC) and Madagascar, is extending its services to Burkina Faso, and further ahead in Senegal, Mali, Guinea and Côte d’Ivoire by June this year.
UK-based off-grid solar company BBOXX has secured a pioneering package of US$4 million in debt financing from Togo-based bank Union Togolaise de Banque (UTB) to expand its services across the African country.
Global off-grid solar company BBOXX has closed on a US$5 million financing facility with Deutsche Asset Management’s fund Essential Capital Consortium that will help it bring power to 150,000 Rwandans.