New Delhi: The International Solar Alliance (ISA) is set to launch a $100 million fund, named the Global Solar Facility, aimed at catalysingupto $1.5 billion in funding to expand decentralised solar power capacities across...

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Kenya is a testing ground for sustainable securitisation to finance electrification. The first transaction has just been entered into by Chicago-based electricity access provider Sun King and Citi, an international banking group based in...

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The Ministry of Water and Energy has announced that preparations are in the final stages to provide electricity powered by photovoltaic (PV) energy to about 25 small rural villages.The Ministry’s Executive Director for Rural...

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ETHIOPIA – The African Development Bank (AfDB) Group’s Sustainable Energy Fund for Africa (SEFA) has committed US$8 million in mixed financing to support the electrification of rural Ethiopia using solar mini-grids.This investment, announced recently...

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A community in Chad is celebrating the installation and official inauguration of a solar PV(photovoltaic) mini-grid system equipped with battery storage.The standalone ground-mounted 78kWp solar PV mini-grid system is equipped with a324kWh battery bank...

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Solarise Africa, a leading Energy-as-a-Service provider across Africa, has announced a strategic funding partnership with Mergence Investment Managers, securing an R160 million investment. This funding will accelerate the deployment of Commercial & Industrial (C&I)...

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The UN said the dry spell has from mid-January this year affected most of the central and southern half of the country.These parts have received less than normal rainfall leaving a million hectares of...

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The REA team emphasized the importance of continued investment and funding to scale up energy access projects. They reported on their success in securing a $750 million grant from the World Bank for the...

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Saudi Arabia is to construct several solar-powered wells in Nigeria and Mali whichstands to provide nearly half a million people as well as livestock with a supply ofclean drinking water.The King Salman Humanitarian Aid...

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GreenYellow is continuing to withdraw from Africa. The French company has just sold its assets in Senegal to Afreenergy, an energy company based in Mauritius.GreenYellow’s portfolio in Senegal comprises three rooftop solar power plants...

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