Lendahand Ethex becomes first online ethical platform investors to track social and environmental benefits.

Lendahand Ethex becomes first online ethical platform investors to track social and environmental benefits.

Lendahand Ethex, a joint venture between two of Europe’s leading online impact investing platforms, has today announced that its Energise Africa investors will be able to track the social and environmental impact of their investments via a first of its kind portfolio impact tracking tool. The new portfolio impact tracking tool enables investors in all […]

ACWA Power signs an investment agreement with Central Energy Fund for Redstone CSP Plant.

100MW solar power project to start construction this year, suppling power to 210,000 South African homes even during evening peak demand periods once operational. In the presence of the President of South Africa, H.E. Cyril Ramaphosa, on the occasion of his State Visit to the Kingdom of Saudi Arabia, a cooperation agreement was entered into […]

Wärtsilä introduces a new hybrid solar PV and storage solution.

The technology group Wärtsilä introduces a new hybrid solar PV and storage solution. Wärtsilä Hybrid Solar integrates solar PV generation and storage to deliver a true “renewables as baseload” solution that is not only climate-friendly, increases resilience and efficiencies but can be supported by a power producer’s existing grid infrastructure. Hybrid Solar will allow utilities […]

Enel and IDC sign 34 million US dollar financing agreement with IFC and EIB for solar project in Zambia.

The Enel Group and Zambia’s Industrial Development Corporation (IDC) signed today in Lusaka a financing agreement of around 34 million US dollars for the construction of the 34 MW1 Ngonye solar plant in the country. The financing involves senior loans of up to 10 million US dollars from the International Financing Corporation (IFC), a member […]

EBRD and Proparco committed US$ 58 million each for two 50 MW solar PV plants in Egypt.

EBRD and Proparco committed US$ 58 million each for two 50 MW solar PV plants in Egypt.

Egypt has taken a major step forward in its use of renewable energy sources with the support of the European Bank for Reconstruction and Development (EBRD) and Proparco, a French financial institution that supports private sector development projects in emerging economies. The two institutions have together provided US 116 million of financing for the construction […]

National Public Primary Schools Electrification in Kenya connects 4000 schools to solar.

National Public Primary Schools Electrification in Kenya connects 4000 schools to solar.

In one of the most ambitious rural electrification projects in Africa that has tapped the use of solar energy, the Kenya government has completed connecting some 4,100 primary schools to power using solar PV systems. The schools have been electrified as part of a determined digital learning program that will see electricity from the panels being used to […]

Intasive Energy installs solar nano-grids in two Kenyan villages.

Intasive Energy installs solar nano-grids in two Kenyan villages.

Intasive Energy has installed solar nano-grids in the villages of Lemolo B and Echareria in Nakuru County, Kenya. These nano-grids were installed in two weeks and enable villagers to switch on lights and operate agri-processing machinery. The villages are the first to secure such a clean, affordable, and reliable model of energy and installation was […]

Tesvolt awarded a contract to supply the world’s largest off-grid storage system.

Tesvolt awarded a contract to supply the world’s largest off-grid storage system.

German commercial storage system manufacturer Tesvolt has been awarded a contract to supply the world’s largest Tesvolt has been awarded a contract to supply the world’s largest decentralized off-grid storage system off-grid storage system, which acts as a mini-grid during power cuts. The company is to deliver a lithium storage system with a total capacity of 2.68 megawatt-hours which will provide […]

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