Category: Member article
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 […]
InfraCo Africa to invest US$15m to anchor pioneering new guarantee company
Sharm El Sheikh, 7 Nov 2022 – On the opening day of COP27, ARE Member InfraCo Africa, part of the Private Infrastructure Development Group (PIDG) has announced that it will invest US$15m into a newly established guarantee company, alongside a US$5m commitment […]
Bboxx partners with Ampersand to provide thousands of taxi e-motos for drivers in Rwanda
11 October 2022 – ARE Member Bboxx, a platform providing access to essential products and services, and Ampersand, an e-mobility company delivering sustainable transport solutions in East Africa, partner to expand Ampersand’s e-mobility scheme in Rwanda. Following a successful initial […]
Equatorial and GIZ team up to solarise 27 rural clinics in Uganda
17 October 2022 – In Uganda, electricity provider and ARE Member Equatorial Power is teaming up with the German International Development Cooperation Agency (GIZ) to provide solar energy to at least 27 health centers in rural areas. The project by […]
Off-grid RDG Collective and seed impact investor EDFI ElectriFI to narrow electrification gap in Zambia
EDFI ElectriFI, the EU-funded Electrification Financing Initiative, invested a USD 2 million convertible note in RDG Collective, an early-stage Solar Home Systems and Productive Use Appliances provider in rural Zambia. Brussels, 6 October 2022 – The EU, through ARE Member EDFI […]
InfraCo Africa & Equatorial Power set to roll out access to clean power and agri-processing in the DRC & Rwanda
30 September 2022 – ARE Members InfraCo Africa, part of the Private Infrastructure Development Group (PIDG) has signed an agreement with Equatorial Power, committing US$1.7m to scale the company’s innovative mini-grid model in the Democratic Republic of the Congo (DRC) and Rwanda. […]
CrossBoundary Energy Access & ENGIE Energy Access sign largest Mini-Grid Project Finance Transaction in Africa to build $60M of Mini-Grids in Nigeria
28 September 2022, Nairobi & Lagos — ARE Members CrossBoundary Energy Access Nigeria (CBEA) and ENGIE Energy Access Nigeria (ENGIE) are announcing a project finance agreement to build a $60 million portfolio of mini-grids that will connect over 150,000 people to […]