Digitalization is currently playing a big role in fostering access to electricity in Sub-Saharan Africa. Since the early 2010s, companies have been adapting traditional business models for the installation of Solar Home Systems (SHS) to the specific African context where the rural populations have limited means to pay for its Read more…
Africa is the leading place to power places far from the grid using diesel generators. Entire villages, companies or sites are powered only by electricity produced by such diesel generators. Until recently, solar PV was considered as an add-on to these generators, with the ability to reduce their fuel consumption Read more…
Since 2018, six pilot solar mini-grids are giving 15,000 people access to reliable electricity in Nigeria. Those people no longer rely on diesel generators to light homes and run small businesses such as grain mills, cocoa drying and welding operations, carpentry workshops, and small restaurants and hotels. The solar mini-grids Read more…
To help commericialise solar, it is important to underst the financial benefits of installing solar. These can be determined with the following set of financial analysis parameters: Simple Payback Period This is known as the length of time it takes for the upfront solar investment to pay for itself through Read more…
Solar project developers are striving to get finances from banks and private equity players. Indian banks have very limited financing exposure for solar rooftop projects. So far the banks have over 800 Bn $ exposure and 16% of the assets are stressed assets. Stressed assets are exerting pressure on public Read more…
The Marco Borero Company has recently closed the financing for its solar photovoltaic project in Nyeri in central Kenya. The solar power plant that will be linked to the grid will have a capacity of 1.5 MWp. The Nyeri solar project is now arriving at the construction phase. Marco Borero Read more…
GAKUNGA, Kenya (Thomson Reuters Foundation) – When Lucyline Wanja Silas installed a 12-volt solar power unit at her home to help her children study at night, little did she know it would become essential to her and her neighbours in Gakunga village, central Kenya, during the coronavirus pandemic. Wanja, a Read more…
New Kenya Cooperative Creameries has recently concluded the initial phase of a tender to purchase electricity from a solar facility that will be constructed at its new KCC Sotik Factory. The installation is likely to cover around 40% of the site’s power needs. Kenyaâ largest dairy producer will buy power Read more…
MUNICH & NAIROBI, Kenya–A, a global market leader of cost-effective, reliable, and clean solar power for businesses, deployed its first solar farm in Kenya for Menengai Farmers Ltd tea farm in Tigoni. For the first 20 years of its operations, Menengai Farmers Ltd successfully grew tea without any large electrical Read more…
Number of partnerships were inked on 8 th September 2020 at the First World Technology Summit hosted by the International Solar Alliance (ISA). ISA has been given the nodal agency mandate for implementing India’s global electricity grid plan. It has also entered into a partnership with NTPC which will help Read more…