Gridless, a bitcoin mining company helping to bring new energy generation to rural communities in East Africa, has secured a…
Latest in Energy
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Energy
Solarise Africa raises $33.4M to solidify its position in Kenya’s solar market and expand across Africa
by James Musobaby James MusobaSolarise Africa, a pan-African Energy-as-a-Service company has received a $33.4 Million facility, the largest C&I debt raise in Africa to…
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EnergyStartups
Renewable energy company ZOLA Electric launches first-of-its-kind distributed mini-grid in Rwanda
ZOLA Electric, the Emerging Market energy technology company has announced the launch of the first-of-its-kind, distributed mini-grid. The groundbreaking mini-grid project,…
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Ahead of the crucial COP27 climate talks, a new campaign is boosting African efforts to seek greater global funding for…
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The Kenya Power and Lighting Company (PLC) has blocked all third-party agents from selling tokens to its pre-paid customers effective…
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BusinessEnergy
Toshiba and KenGen conclude MOU on operation and maintenance of geothermal power plants
by Val Lukhanyuby Val LukhanyuKenya Electricity Generating Company PLC (KenGen) and Toshiba Energy Systems & Solutions Corporation have concluded a memorandum of understanding (MOU).…
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EnergyFunding
CrossBoundary Energy secures US$40M to expand Commercial and Industrial portfolio across Africa
CrossBoundary Energy (CBE), a developer, owner, and operator of commercial and industrial renewable energy systems in Africa, has announced completion of…
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EnergyFundingVenture Capital
Persistent Energy Capital raises $10 Million Equity Round to grow climate venture building in Africa
Persistent Energy Capital LLC has raised USD 10M in equity in its Series C round. The raise, which was achieved with…
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Energy
British International Investment to invest $200 million in African hydropower alongside Norfund and Scatec
British International Investment, the UK’s development finance institution, is partnering with Norfund, the Norwegian Investment Fund for developing countries, in…
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EducationEnergy
Schneider Electric launches Mechatronic and Solar Energy Electrical Laboratory in partnership with St Kizito Vocational Training Institute
Schneider Electric, a global company that specializes in the digital transformation of energy management and automation solutions has launched a…
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Africa’s first project financing facility for mini-grids, CrossBoundary Energy Access (CBEA), has announced $25 million in new funding commitments from…
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Climate ChangeEnergyEntrepreneurshipSolar
New $75 million fund launched to finance green projects and businesses across Africa, South and South-East Asia.
by James Musobaby James MusobaA new $75 million green lending programme has been structured to direct much needed financing through MSME banks to support…
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EnergySolar
SEforALL Forum raises over $347M to advance a clean & inclusive energy transition globally
by James Musobaby James MusobaThe Sustainable Energy for All (SEforALL) Forum has announced several new commitments and initiatives to support energy access and transition,…
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Petrodel Resources Ltd. (‘Petrodel’), a leading energy company in the development of oil and gas reserves, has announced its intention…
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Energy
Sun King raises $260M to widen clean energy access in Africa, Asia
by Enock Bettby Enock BettSun King, the largest provider of solar energy products for off-grid homes in Africa and Asia, has announced that it…
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Elizabeth Rogo, President (East Africa), African Energy Chamber has been appointed as a board member of the National Oil Corporation of…
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The Board of Directors of the African Development Fund has approved a $5.5 million technical assistance grant to kick-start the…
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Energy
Solar Installation Company Solar Tyme seeks $1.75 Million in Funding For Expansion Across Africa
Leading solar installation company Solar Tyme USA is seeking to raise $1.75 million in funding for the construction of two…
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Bamburi Cement PLC has signed a Power Purchase Agreement (PPA) with an Independent Power Producer, MOMNAI Energy Limited, to set…
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Arnergy, Nigeria’s leading distributed utility company delivering solar energy solutions, has launched the Diaspora Initiative – a groundbreaking scheme enabling…
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Schneider Electric, the leader in digital transformation of energy management and automation, has unveiled its Green Premium ecolabel, a programme…
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Energy
African Development Bank welcomes $136 million in additional donor commitments for the Sustainable Energy Fund for Africa (SEFA).
by James Musobaby James MusobaCOP26: African Development Bank welcomes nearly $136 million in donor support for Sustainable Energy Fund for Africa The African Development…
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BusinessEnergy
Vivo Energy Fuels Expansion, Operational Excellence with Transformative Tech Deployment
Vivo Energy, one of the fastest growing energy businesses in Africa has confirmed that total transformation of its business processes…
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Huawei has launched Huawei FusionSolar Smart PV solution., an advanced power solution for commercial and residential customers based on the‘Optimal…
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If you do not know anything, it sounds like a fire placed on the wall. They are flames that sit…
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Amidst the growing trend toward eco-conscious spending and consumption among people who want to pursue more sustainable choices and practices,…
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Kenya power has plans to extend its fibre optic cable network to improve data connectivity. The COVID era has forced…
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More than half of African companies are delaying their energy transition targets, leaving them in danger of missing the Paris Agreement…
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Energy
Winch Energy Mini-Grid Portfolio in Uganda & Sierra Leone | Launches Winch IPP Holdings For Future Investments
The deal represents the largest mini-grid financing portfolio to date, bringing together several major players in the off-grid space and…
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KenGen has announced a Ksh.13.9 Billion profit before tax for the Financial year ended June 2020. This translates to 8.3%…
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