Category: Member article
Energy Access Ventures Partners with Lion’s Head to Launch E3 Low Carbon Economy Fund
7 January 2022 – Energy Access Partnership (EAV) has announced a partnership with Lion’s Head for its second Africa-focused venture capital fund, investing in clean-tech, new generation climate (resource) efficient businesses, and other related B2B and B2C businesses. The EAV team […]
EDFI ElectriFI and REPP is to Bring Energy Access to 20,000 People in Lesotho
6 January 2022 – EDFI ElectriFI, REPP, and 1PWR have reached financial close on Africa’s second largest project-financed mini-grid transaction. The equity-and-debt investment into the project vehicle, Sotho Minigrid Portfolio SPV, will fund the construction of a portfolio of 11 mini-grids […]
EDFI ElectriFI Finances Women Entrepreneurship in Clean Energy
4 January 2021 – EDFI ElectriFI (Electrification Financing Initiative) is investing 1.5 million euros in Fin’Elle, a subsidiary of the financial group Cofina. This financing will help remove barriers to female entrepreneurship in renewable energy in Ivory Coast. Ivorian women investing […]
Triple Jump is to Lead Germany’s New Clean Energy Foundation
27 December 2021 – Kreditanstalt für Wiederaufbau (KfW), the German development agency, has appointed Triple Jump B.V., Persistent and GreenMax Capital Advisors to manage its new Foundation for Clean Energy and Energy Inclusion in Africa (CEI Africa). The new Foundation […]
Engie PowerCorner to deploy 22 solar mini-grids in Benin by 2023
5 December 2021 – Engie PowerCorner, a subsidiary of the French group Engie, has obtained a license from the Beninese Agency for Rural Electrification and Energy Management (ABERME) to install a solar mini-grid in Dohouè in southern Benin. The company […]
Turbulent Hydro won the Cleantech Hero Energy Award
8 December 2021 – The first Cleantech Hero Energy has been announced. The choice of the jury of experts went almost unanimously to Turbulent Hydro, which has developed high-tech small hydroelectric turbines that convert energy from rivers into electricity by […]
Triple Jump B.V., Persistent, and GreenMax Capital Advisors awarded management of the newly launched Clean Energy and Energy Inclusion for Africa Foundation
14 December 2021 – Triple Jump B.V., Persistent and GreenMax Capital Advisors are the awarded consortium to provide management services to the Clean Energy and Energy Inclusion for Africa Foundation. The mandate from KfW aims to support new ways to decentralise […]
Pioneering Djermaya Solar project attracts new lenders to Chad
3 December 2021, Paris, France – ARE Member InfraCo Africa, part of the Private Infrastructure Development Group (PIDG) is pleased to announce the participation of its sister PIDG company, the Emerging Africa Infrastructure Fund (EAIF) alongside the African Development Bank (AfDB), and Proparco as senior lenders to the 34 MW […]
CBE to supply 2.5 MWp of solar power to Molo mine in Madagascar
Canadian mining company NextSource Materials has signed a contract with ARE Member CrossBoundary Energy‘s (CBE) Madagascar subsidiary to build a hybrid solar power plant. The 2.5 MW facility will power its graphite mine operations in Molo as of April 2022. […]
Malawi’s President inaugurates 60 MW Salima Solar plant
Salima Solar plant, Salima District, Malawi, 17 Nov 2021 – His Excellency Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, has presided over an inauguration ceremony to mark the addition of 60MWac of additional clean energy to Malawi’s national grid. […]