Category archives for: Solar & Wind

Germany Supports Renewable Energy Projects in Africa with 32.9 Million Euros

London, UK, November 16, 2017/ — KfW, the German Development Bank, and the African Trade Insurance Agency (ATI) announced, on the side lines of the annual Africa Investment Exchange: Power and Renewables Meeting, a new instrument to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale (up to 50 MW) green power renewable […]

New Study on 100% Renewable Electricity Worldwide Out

November 8, 2017//- The Energy Watch Group and Lappeenranta University of Technology launched their new groundbreaking study, which models a global transition to 100% renewable electricity.

PEG Africa Connects 500,000 Underserved Off-grid Consumers to Power

October 27, 2017 – PEG Africa, the leading off-grid solar company in West Africa, has successfully raised US$13.5 million through a combination of debt and a Series B equity financing.

SHS Solar Power Project to Cost $420M

It would cost government more than US$420 million to roll out solar power generation in all second cycle schools across the country.

ENGIE Enters Africa’s Off-grid Energy Market, Acquires Fenix

Kampala, Uganda, October 19, 2017/ — ENGIE and Fenix announced that they have agreed on a transaction in which ENGIE will acquire 100% of Fenix International, a next generation energy company, offering Solar Home Systems (SHS) in Africa.

Veep: ECG, NEDCo given Dec Deadline to Submit Renewable Energy Models

Accra, October 12, 2017//-As the country moves to firm-up its development and utilisation of renewable energy potential, the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCo) have been given December as the deadline to submit business models for the integration of distributed renewable energy generation.

IEA Report: Off-grid Solar set to triple in Africa

Lagos, Nigeria, October 6, 2017//-A new report has confirmed that Solar is now the fastest growing energy source in the world, and is making a major impact in Africa.

West African Business Should Turn to solar for Their Bottom Line

October 4, 2017//-“Honestly, I’m surprised this place even runs,” says the technical director of a multinational consumer goods company, with a large factory on the outskirts of Lagos, Nigeria, as he gestures at the flickering lights above his head.

Growthpoint Powers Innovation with its NWU Solar Car Team Sponsorship

October 4, 2017//-Pushing the boundaries of what is possible for alternative energy and engineering, Growthpoint Properties has announced that it is sponsoring the North West University’s Solar Car challenge team.

ICD, Alfa Solar to Part-fund 50 Megawatts Solar Project in Egypt

Jeddah, Saudi Arabia, September 28, 2017//-The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB), and Alfa Solar Co.- a subsidiary of Alfanar Company, have signed facility agreements for a US$28.5 million Shariah-compliant senior financing to part-fund the development, construction and operation of a […]

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