Posted on :Wednesday , 5th August 2020
The Development Bank of Rwanda (BRD), the World Bank, and the Swedish International Development Agency (SIDA) have broadcasted a strategic fund raising and partnership to raise capital for Ignite Power.
Ignite Power is a Rwandan renewable energy firm with investment in solar energy. The firm also has presence in other African countries.
The new agreement is aimed at raising funds . . .
Posted on :Wednesday , 25th September 2019
A partnership of public and private investors got into an agreement to carry out the first round of equity funding for small and medium-sized (1-10 MW) clean energy plants, originally focusing on Africa.
Titled Empower Invest, the fund will commit to the know-how and equity to carry out solar PV, small hydro and hybrid plants.
Posted on :Wednesday , 24th April 2019
British based company, Ncondezi Energy entered into an agreement with GridX Africa, a private power producer to form a joint venture which would specialize in installing solar mini grids for businesses and shops acroos Africa.
This new alliance emerging in the solar energy sector of Africa aims to conquer the vast potential. . .
Posted on :Thursday , 18th April 2019
The entrance to the first major solar power farm in East Africa reads a sign “Arise, shine for your light has come.” From a bird’s-eye view, the 8.5 megawatt (MW) power plant in Rwanda is designed it resembles the shape of the African continent. Amid Rwanda’s famed green hills, within view of the Lake Mugesera the setting is magnificent which lies 60km east of the capita. . .
Posted on :Thursday , 28th March 2019
The location of Rwanda is approximately two degrees below the equator because of which it is generally characterized by savannah climate and its location endows it with sufficient intense radiation from the sun (solar radiation) equal to 5KWH/m2/day and approximately 5 hours of peak sun hours.
The total solar energy installed on-grid in Rwanda is 12.08MW. Households that are far a. . .