A number of international initiatives have helped large-scale solar gain a foothold in Africa. The question now is how the market for this segment will develop beyond these programmes and how much capacity grids will be able to support.
Oolu, a Senegal-based start-up company and PV corporation in Africa, has successfully raised US$3.2 million in equity investments. This Series A fundraising follows its seed round in 2015 and will support the company’s growth and strategy as it looks to expand its customer base in West Africa.
GreenWish Partners, a competitive and reliable renewable power provider with headquarters in Paris and across Africa, has been successful in implementing utility-scale PV plants in Africa. With a mission to demonstrate the potential of renewable energy to fuel the economic and social development of the continent, the company is well on its way to achieving its 600MW of installed capacity in Africa goal. GreenWish caught up with PV Tech to discuss the key ingredients in achieving such a feat in a region where large-scale projects have traditionally been difficult to commission.
Karim Megherbi, director of Origination for Africa & Central Asia at Dubai-based Access Power stopped by PV Tech to discuss why West Africa will materialise as the next hotspot for solar PV and how investors can take advantage of this.
Phoenix Solar joins Singapore-based floating PV testers, GIPCL issues LoIs to Vikram Solar over 80MW in Gujarat, Brazil solar industry needs BRL6 billion after December auction, Altus Power starts 6.2MW solar plant construction in Hawaii,