Category: Member article
Gridworks invests USD 50m in Virunga Power
29 December 2022 – Gridworks Development Partners, a British International Investment (BII) company, has announced a $50 million investment in ARE Member Virunga Power. The company based in Quatre-Bornes in Mauritius invests in electrification via run-of-river power plants. The subsidiary of […]
EDFI ElectriFI lends USD 4.5m to Okra Solar to deploy distributed solar networks for last-mile communities in Nigeria
22 December 2022 – The EU approved a USD 4.5 million working capital facility under the ElectriFI Country Window for Nigeria to provide access to electricity through the mesh-grid technology to mini-grids developers, targeting some 76 000 beneficiaries by the end […]
Designing mini-grid systems around productive uses of energy to spur rural development in Senegal
7 December 2022 – ARE Member Energy 4 Impact has embarked upon a 11-month project in eastern Senegal to demonstrate that designing off-grid renewable energy systems such as green mini-grids around productive uses of energy can be an effective approach […]
Schneider Electric & ORPC join forces to advance marine energy as a renewable energy source for remote communities
Boston, USA, 7 December 2022 – ARE Member Schneider Electric, the global leader in the digital transformation of energy management and automation, and ORPC, an internationally recognised leader in marine energy technology, innovation and operational excellence, have signed a memorandum of understanding to […]
EU commits EUR 15m for renewable energy entrepreneurs and companies in Mozambique
Maputo, 8 December 2022 – The launch of the ElectriFI Country Window for Mozambique, a tailored EUR 15 million package funded by the EU to invest in early-stage renewable energy companies active in the country, took place on Thursday 7 […]
Off-Grid Europe travels to Namibia and South Africa with German federal minister for economic affairs and climate action Robert Habeck
Pfullendorf , Germany, 1 December 2022 – Christiane Kragh, founder and CEO of ARE Member Off-Grid Europe GmbH, travels to Namibia and South Africa together with German economics minister Robert Habeck as part of the German business delegation. In Namibia, the […]
247Solar Receives 2nd Australia Patent For Clean Electricity And Heat Solutions
Great Falls, VA, USA, 1 December 2022 – ARE Member 247Solar Inc., developer of breakthrough clean electricity and heat solutions for round-the-clock zero-carbon electricity and industrial-grade heat, today announced that it has been granted a second patent in Australia for its innovative next-generation […]
InfraCo Africa invests to scale access to clean transport in rural Zimbabwe
Harare, 1 December – ARE Member InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed an agreement committing US$2 million to scale the offering of ARE Member Mobility for Africa, an electric mobility company delivering affordable, cargo-carrying e-tricycles […]
Camco-managed REPP takes stake in ARC Power in partial exit
London, 1 December 2022: The UK government-funded Renewable Energy Performance Platform (REPP), which is managed by ARE Member Camco, has chalked up another successful investment exit. REPP initially invested in mini-grid developer ARC Power in 2019 and has now recovered […]
EDP funds nine projects that promote access to energy in four African countries
14 November 2022 – Financing of one million euros, under the fourth edition of Access to Energy Fund, reinforces EDP‘s social impact strategy in emerging economies and its focus on ensuring a fair energy transition. The projects now selected will […]