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.
California-headquartered minigrid company Powerhive, scheduled to attend Solar & Off-grid Renewables Africa in Tanzania next week, is the first private company registered as a utility in Kenya. Andy Colthorpe spoke with Daniel Porras, vice president for impact and communications and a member of the executive team.
Driven by steep cost declines in PV equipment, solar is now almost on a par with wind energy and will soon become the cheapest form of energy in developing nations, according to the Climatescope 2016 report from Bloomberg New Energy Finance (BNEF).
Investment in renewable energy from so-called developing countries exceeded investments from developed countries for the first time ever in 2015, according to a report from the Renewable Energy Policy network for the 21st Century (REN21).
Industry-watchers, environmental groups and think tanks have commented on news this morning that the biggest coal mining company in the US, Peabody Energy, has filed for Chapter 11 bankruptcy protection, citing downturn in the coal industry as a major factor.