Market News

The 370-kilowatt Oda Solar Power Project, which cost Birr 195 million to build, was formally opened in Medewelabu Woreda, East Borena Zone, Oromia Regional State. Dr. Sultan Wali, the State Minister of Water and Energy, underlined during the inauguration that the project will supply power to al . . .

Solar energy has been used since the 17th century, when photovoltaics (PV), a technology that uses semiconducting materials to turn sunlight into electricity, was first developed. Despite continuous discussion regarding the technology's origins, solar panels have unquestionably secured a place in th . . .

Africa's energy landscape is experiencing an enormous shift and the continent is seeing a large influx of investments and opportunities. International investors, development institutions, and private sector players are showing interest in the continent, which is becoming a major player in the global . . .

Leading global provider of financing and goods to low-income consumers, d.light, announces the conclusion of a $176 million securitization facility. African Frontier Capital (AFC) will supply the funding, which will be used to buy receivables in Tanzania, Kenya, and Uganda. With the utilization . . .

According to The Rural Energy Agency (REA), the nation's small-scale power producers and developers have generated and added more than 30 megawatts to the national grid. Advera Mwijage, the Director of REA for Renewable Energy Technologies, made this revelation in Dar es Salaam during a confere . . .