The grant is expected to provide AIE with operational tools to develop a pipeline of bankable energy efficiency investment projects. (Image source: Sebastian Ganso/Pixabay)
The African Development Bank’s (AfDB) Sustainable Energy Fund for Africa (SEFA) is providing a US$965,000 grant to Morocco’s Société d’Ingénierie Energétique (SIE), a move that is set to support its transition into the first Super Energy Service Company (ESCO) initiative in Africa
A SunBrush mobil Compact removes sand from solar modules at the Benban solar park. (Image Source: SunBrush mobil GmbH)
SunBrush mobil, a market leader for solar cleaning equipment, and Infinity, the Egyptian solar project developer, have opened a service base at the Benban Solar Park near Aswan, Africas largest solar power plant
The aim is to support the country’s post-COVID-19 economic recovery by providing electricity to households, businesses, health clinics and schools. (Image source: Michael Schwarzenberger/Pixabay)
The World Bank has approved a US$50mn grant from the International Development Association (IDA) to improve access to electricity in Sierra Leone and enhance institutional capacity and commercial management of the sector
The funds will enable SunCulture to scale up renewable energy installations at smallholder farms and households. (Image Source: Adobe Stock)
SunFunder, a fund manager and intermediary for solar energy investments in sub-Saharan Africa, has made the first disbursement from a new US$11mn syndicated debt facility to SunCulture, a solar irrigation company based in Nairobi, to expand its operations in sub-Saharan Africa
The Highview Power CRYOBattery long duration storage system. (Image Source: Highview Power)
Janus Continental Group (JCG), a conglomerate with businesses in the energy, hospitality and real estate sectors across three continents, has announced that it has invested US$13mn in Highview Enterprises Limited, the developer of liquid air long-duration energy storage systems, called the CRYOBattery