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Solar Water Farm developed by GivePower provides 35,000 Kenyan residents with drinkable water daily
GivePower developed a desalination station driven by solar energy in Kenya. The Solar Water Farm supplies 35 thousand locals with potable water
Nov 27, 2019 // Plants, Large-Scale, Commercial, Kenya, GivePower, Africa
RBH invests $20m in DPA to give solar energy
in several of its markets over the next 4 years, consisting of South Africa, Kenya, the Democratic Republic of Congo (DRC) as well as Zambia. Specifically, DPA
Nov 3, 2020 // Markets & Finance News, Africa, Royal Bafokeng Holdings
80 MW of Kenyan PV projects get €106m boost from Europe
capacity of 80 MW that are under development in Uasin Gishu county, in western Kenya. The €106 million commitment will cover part of the estimated €147
Sep 27, 2019 // Plants, Large-Scale, Commercial, Europe, Kenya, Africa, european investment bank, Netherlands Development Finance Company, Frontier Energy, DL Group, Paramount Bank, Dr Frederick Nyang, David Kariuki
Solarise Africa raises $10 million to spearhead its tidy power development in Africa
Kenya-based Solarise Africa has brought in three sponsors in a Series B funding round totaling US$ 10 million. French growth banks Proparco ended up being the most recent participant in the company's fund mobilization tasks, joining existing financiers Belgian charitable the European Development Finance Institution (EDFI), Germany-based Energy Access Ventures (EAV) and EU-funded influence investment center, ElectriFI. The goal is to expand Solarise's distribution of tidy energy in Africa. Speaking with pv magazine concerning the current investment, CEO Jan Albert Valk said the funds will certainly be placed in the direction of assisting even more SMEs access to solar PV projects. The business, established in 2017, is presently active in Kenya, Rwanda and also South Africa, so all upcoming work will mostly be focused on these three regions. However, Solarise's ultimate objective is to provide solutions-- in the form of power acquisition arrangements (PPAs) or leasing devices-- throughout the continent. Valk is aiming to activate even more funds within 6 months to a year, to enter other countries consisting of Nigeria, Ghana, Uganda, Nigeria and also Burkina Faso. Much more "difficult" territories, such as DR Congo, Chad and Sierra Leone, are likewise being targeted. A lot of projects Solarise sustains are rooftop and also ground installed PV systems, typically with storage space components, in between 50 kW to 3 MW in dimension. A number have already been completed, like the 850kWp Nakuru plant in Kenya, while others are in the finalizing or building and construction stages. Seeking to its solutions, African customers may either get generated solar power by means of a PPA or lease a solar PV system on a monthly basis. The two choices are suitable for tiny firms that do not have the monetary clout to invest in solar power. Solarise is also working on assisting to fund energy-saving companies seeking to set up more effective a/c. As a private entity, a lot of its clients are mid-sized companies drawn from the economic sector, like colleges, hospitals, shopping malls as well as resorts. Valk estimated that most solar item alternatives at his firm target business willing to spend in between $50,000 to $2 million. In general, Valk said Africa has an "frustrating" demand to buy renewable energy, with progression over the past five years hindered by a lack of ideal economic services, largely in the SME market. He did highlight that a number of solar power business are keen on making investments, but sponsorship has actually remained an "huge" difficulty. Institutions such as banks hesitate to fund solar power business, which have the will to buy renewable energy, but do not have the economic capacity. According to Valk, many financial institutions, including banks, are refraining enough to supply solar business' options in Africa. He suggested that such establishments must be a good example and support renewable resource financing by using leasing alternatives. With the increase of climate change use renewable energy, like solar, must be included by companies.
Sep 23, 2020 // Markets & Finance News, Africa, Jan Albert Valk
Kenya’s Kisumu County launches tender for solar mini-grids
County Government of Kisumu (CGK), in Kenya, has launched a tender to select a developer to build solar mini-grids to power hospitals, markets, water pumping
Nov 1, 2019 // Markets & Finance News, Grids, Policy, tender, Kenya, Africa, mini-grids
Kenya: Offering Green Solutions at COP28, Not Aid
the inaugural Africa Climate Summit this week in Nairobi, Kenya's President William Ruto is advocating for African nations to present the continent's abundance
Sep 6, 2023 // Markets & Finance News, Kenya, Africa, William Ruto
Earth's magnetic field affecting PV panel efficiency
at the Multimedia University of Kenya have claimed the Earth's magnetic field influences photovoltaic panel performance in the same manner fields from
Jun 11, 2020 // Technology, Kenya, Africa, PV panel
Top Five Emerging Markets for Clean Energy Investment
The Asian nation is followed in the top five by Chile, Brazil, China and Kenya. Below we describe what drove each of the top five markets to the top of the
Jan 31, 2020 // Market Research, India, China, Chile, South america, Brazil, Asia, Kenya, Africa
Kenyan floating solar crowdfunding bid might once again wind up smelling of roses
a 75 kW planetary system for the Rift Valley Roses blossom ranch in Naivasha, Kenya. Currently the Rift Valley organisation is intending to mount what Ecoligo
Jun 11, 2020 // Plants, Large-Scale, Commercial, Floating PV, floating PV, Kenya, Africa, Ecoligo
A new solar desalination system to resolve water shortage
solar-powered water desalination and filtration plants in Mombasa, Kenya and La Gonave, Haiti this quarter. Like GivePower’& rsquo; s debut
Feb 6, 2020 // Technology, Thermal, USA, SolarCity, desalination, Hayes Barnard, GivePower, North America, Kyle Stephan
Sonnedix offers South African solar operations to BTE Renewables
enhances" its existing nuclear power plant located in South Africa and also Kenya. The continuing to be 40% stake in the project is split in between Mulilo
Jun 10, 2022 // Markets & Finance News, Sonnedix, Africa, South Africa, acquisition, bte renewables
AfDB supplies $200 million to broaden Nigerian power market
the nation to create minigrids and also solar residence systems. In December, Kenya-based developer PowerGen turned into one of the initial firms to utilize those
Mar 12, 2020 // Markets & Finance News, Africa, Nigeria, AfDB, Wale Shonibare
US firm Solar Tyme looking for USD 1.75 m to build renewables in Sierra Leone
of another solar ranch advancement in Sierra Leone and 12 micro-grids in
Mar 24, 2022 // Plants, Large-Scale, Commercial, USA, North America, Solar Tyme, Eric Jalloh
Bboxx releases flexible items for off-grid communities in Africa
not have accessibility to a trustworthy energy resource, with Rwanda and also Kenya readied to be Bboxx's first markets for the brand-new item range. Bboxx will
Mar 16, 2022 // Grids, Kenya, Africa, bboxx, off-grid, rwanda
Colombia Receives $70 Million Loan from Climate Investment Funds for Renewable Energy Integration
and Switzerland. Other countries that will benefit from the CIF are Kenya, Mali, Fiji, Ukraine, Brazil, India, Indonesia, Turkey, and Costa
Feb 7, 2023 // Markets & Finance News, South america, Colombia, cif, Climate Investment Funds