Proprietary insights and market intelligence, driven by curiosity.
EVs powered by local renewable microgrids can free South Africa from oil volatility, grid risks and entrenched energy monopolies. Thank you for reading!
In Rwanda, electricity access provider Arc Power has secured $10 million in financing for its electrification plan. It is being implemented mainly in rural communities. Thank you for reading!
The Foundation for Clean Energy and Energy Inclusion in Africa (CEI Africa) has awarded a grant of 1.8 million dollars to WeLight. The aim is to electrify several rural communities in Mali using solar mini-grids. Thank you for reading!
Senegalese National Electricity Company (SENELEC) has signed a power purchase agreement (PPA) with Infinity Power. The contract covers the installation of an electricity storage system for the Taïba N’Diaye wind farm in the Thiès region of western Senegal. Thank you for reading!
Accelerated shift away from internal combustion engine cars in developing nations is technically feasible and would deliver massive financial savings, Carbon Tracker report claims. Thank you for reading!
A joint venture between Swiss company Climeworks and Kenya-based Great Carbon Valley has been billed as a springboard for creating a new, green economy in Africa. Thank you for reading!
Stakeholders from across Africa and beyond gathered at the “Towards Energy Transition in Africa through Geothermal Energy Development” a side event of Africa Climate Summit 2023 took place on the 5th September 2023, discuss accelerating geothermal energy development on the continent. The Summit highlighted geothermal energy’s crucial role in supporting Africa’s energy transition goals through […]
The government of Ghana is launching a $550 billion investment plan for the energy transition. The targeted sectors include electricity and mobility. Thank you for reading!
Africa-focused hybrid solar solutions provider WATT Renewable Corporation has attracted a USD-13-million (EUR 12.2m) investment from renewable energy financier and co-developer Empower New Energy to support its expansion in Nigeria. Thank you for reading!
Inspired Evolution’s Evolution III Fund, in partnership with international co-investors Dutch Development Bank FMO and STOA Infra and Energy, has successfully closed the 75% acquisition of the Red Rocket Group demonstrating confidence in the existing management team and co-shareholders, BKI. The new buyer consortium will add USD 160 million of fresh capital to recapitalise and […]
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