Market News
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Off Grid Electric Raises $45 Million in Debt Financing
Posted on :Tuesday , 22nd December 2015
Off Grid Electric, a micro-solar leasing platform for Africans, has raised $45 million in debt financing for solar power and battery storage. The Packard Foundation, Ceniarth, Calvert Foundation and other family offices will lend up to $40 million to the fund. The US Agency for International Development's Development Innovation Ventures program has also provided a $5 million grant.
&n. . .UK�s Energy to boost solar power in Africa
Posted on :Tuesday , 22nd December 2015
Nigerian vice-president Yemi Osinbanjo has signed an agreement with the UK government to increase the deployment of solar energy to the West African country’s rural communities
solar succo pixabayThe campaign intends to accelerate the development of Africa’s emerging solar market, working with African governments, investors, businesses, NGOs, think tanks, and other d. . .JA Solar to supply solar modules in Africa
Posted on :Monday , 21st December 2015
leading Chinese solar products manufacturer, JA Solar Holdings Co., Ltd., has been awarded a contract to supply 100MW of photovoltaic solar modules in Zimbabwe.
The project will be made up of combined installed capacity of 300 MW given that the solar modules will be supplied to one of the first 3 large-scale ground-mounted solar power facilities in Zimbabwe un. . .Africa�s DoE embarks on solar geyser procurement
Posted on :Wednesday , 9th December 2015
The South African Department of Energy (DoE) has issued the request for bids of solar water heater systems as part of a national solar geyser roll-out.
The systems are to be procured in phases and with a number of them having been installed under a rebate scheme previously administered by Eskom, the plan envisions raising the total installed base to 1.75-milli. . .Japan to fund construction of solar power plant in Africa
Posted on :Saturday , 5th December 2015
Japan will fund the construction of a solar power plant in Egypt in a move aimed at enhancing energy the sector in the country Foreign Minister Sameh Shoukry has announced.The solar power plant will be constructed at a cost of $US 100 million.
The power plant will have a capacity of 20 megawatts and will be located in the sunny Red Sea resort. . .Please Select an Option
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