The tone of the conversation around utility-scale solar power in Nigeria is changing. Complicated conditions around fossil-based grid generation have provided the needed motivation for the Nigerian government and the private sector to further explore clean-tech power sources such as solar power.
Through the Bright Lights for Benin project, we are introducing Pay-as-you-go (PAYG) solar lanterns to the Beninese market for the first time. PAYG allows customers to buy the lantern for a small down-payment and pay it off in regular instalments.
Africa up or down? After 10 years of quite remarkable growth across the continent most countries are experiencing a downturn, with average growth nearer 3.75% than 5% as before.
As the demand for clean energy rises, so too has the demand for energy storage. Batteries and other storage products extend the ability of renewable energy systems to provide clean power when the sun isn’t shining or the wind isn’t blowing.
During a recently held conference in Nairobi, Kenya, the AfDB-hosted Sustainable Energy for All (SE4All) Africa Hub launched a Green Mini-Grid Help Desk for renewable energy mini grid project developers.
The Nigerian Electricity Regulatory Commission approves the adoption of mini grids to boost electricity supply to households, businesses and institutions in the country.
The World Bank estimates that 24% of the sub-Saharan African population doesn’t have access to electricity, with the installed generation capacity for the region (excluding South Africa) being equivalent to that of Argentina.
In East Africa, Uganda’s Tororo solar photovoltaic (PV) project has received a $14.7 million senior loan from the Dutch development bank, FMO.
Huawei is hoping to promote its FusionSolar Smart PV Solution, a product that can boost internal rates of return by up to 1%, across the African market.
The Nigerian federal government sets out plans for the energy sector's generation capacity to be met through traditional and renewable energy resources.
Following our recent webinar “How to Manage Currency Risks for RE Projects in Africa”, we have summarized the most important conclusions in this article.
BLOOMBERG - Investec Asset Management Ltd. bought a stake in Mobisol GmbH in the biggest yet round of equity financing for the off-grid solar industry.
ESI AFRICA - The Nigerian Electricity Regulatory Commission (NERC) has revealed its plans to finalise developments on the regulation of mini-grids to boost energy access.
ESI AFRICA - The long awaited construction of East Africa’s largest solar power plant in northern Kenya is set to commence as Kenya Power agrees to a 25-year Power Purchase Agreement.
ESI AFRICA - In East Africa, Kenya’s government has set an ambitious target of pursuing universal access to power by 2020, with plans already underway.