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Free

Dutch cooperative and social investor Oikocredit will invest $1.5m to boost energy access in rural communities.

Benin
Subscriber

Sun King – the rebranded Greenlight Planet – has raised $260m in a funding round. The series D round attracted major private institutional investors. The fundraising was seen by some observers as a vote of confidence in the solar home system industry, which has suffered negative press in recent months over alleged sharp business practices and continues to face questions about the sustainability of business models.

Kenya | Nigeria
Subscriber
Project bulletin

The Kumasi waste-to-power plant will pioneer changes in off-grid energy development and waste management in Ghana. Installed with pyrolysis technology, the hybrid plant is supported by the German government.

Ghana
Issue 460 - 12 May 2022

Bboxx in talks to buy PEG Africa

Subscriber

Media reports that off-grid solar company Bboxx has acquired PEG Africa are inaccurate, African Energy understands, but discussions over a possible continue

Subscriber

Lagos-based renewables developer Daystar Power has installed a 1.6MW rooftop solar plant for Ghandour Cosmetics in Ghana.

Ghana
Subscriber

The African Development Bank (AfDB) and its partners are planning to create what they call the world’s largest mini-grid market in Nigeria, using the new Leveraging Energy Access Finance (Leaf) financing model to support the Rural Electrification Agency (REA)’s Nigeria Electrification Programme (NEP).

Kenya | Ghana | Nigeria | Ethiopia | Guinea
Free

The World Bank Group (WBG) has tendered for a consultant to carry out preliminary studies for a 15MW solar PV plant in Danzi. The work – scheduled to take four months – is funded by the WBG’s concessional International Development Association through the Avance de Préparation du Projet d’Amélioration et de Renforcement du Secteur de l’Electricité (Parse). The power will be sold to the capital Bangui. For further details visit the WBG website.

Central African Republic
Subscriber

Washington-based social impact project developer C-Quest Capital (CQC) has secured significant new finance for its deployment of clean cooking stoves in sub-Saharan Africa, in the latest sign of growing interest in the sector.

Subscriber

An off-grid electricity access project promoted under the US Millennium Challenge Corporation (MCC)’s Benin Power Compact is making significant progress. Agreements with five concessionaires will come into force within months and further agreements are under negotiation.  

Benin
Subscriber

Off-grid energy company Bboxx is launching a cheaper product range to target poorer customers, amid a fall in incomes across Africa for the first time in a decade and supply chain issues with China.

Kenya | Rwanda
Subscriber

A 22 March agreement between the government and a joint venture called Koko Rwanda – majority owned by Koko Networks alongside consulting company and co-developer Dalberg – will see Rwanda waive VAT and import duties on equipment and ethanol while Koko Rwanda invests $25m developing a nationwide bioethanol cooking fuel network.

Rwanda
Subscriber

Frequently treated as an afterthought to electrification, clean cooking equipment suppliers have quietly been making inroads on the back of deepening supply chains, technological innovation and maturing business models, writes Dan Marks.

Free

Textile exporter United Aryan said it had connected its 1.8MW rooftop solar PV project in Nairobi.

Kenya
Free

Investec Property has announced plans for a 5.25MW rooftop solar PV project in Corbunia Mall, Durban, which it has dubbed the continent’s largest rooftop solar project.

South Africa
Subscriber

The Rural Electrification Agency (REA) has awarded grants for 11 solar PV mini-grids. Technical and financial support is being provided by the European Union and German government through the Nigerian Energy Support Programme.

Nigeria