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Africa

Africa’s annual PV additions hit 3.7 GW in 2023

According to new figures from the Africa Solar Industry Association (AFSIA), the continent’s cumulative installed PV capacity reached 16 GW at the end of December, based on 3.7 GW of new annual installations.

Nextracker hits 10 GW milestone in Middle East, Africa, and India solar power markets

Nextracker’s smart solar trackers are now either operational or under fulfillment for 10 GW of PV projects located in the Middle East, Africa, and India.

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The future of trade finance in sub-Saharan Africa amidst hard currency challenges

With foreign exchange shortages plaguing sub-Saharan African economies, Bank One’s Head of Trade, Gerald Ndosi, explains what measures can be taken to overcome US dollar liquidity challenges, promote trade finance, and foster sustainable economic growth in the region.

Husk Power surpasses 200 minigrids across Asia and Africa

The Bihar-based minigrid operator, which serves rural Asia and Africa, expects to double its portfolio to 400 by year-end.

International Solar Alliance launches innovation challenge in Africa

SolarX Grand Challenge aims to promote entrepreneurship and innovation and discover local solutions to meet the energy gap through solar energy solutions in the African region.

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EKI Energy, ICAM launch $125 million climate impact fund

EKI Energy will invest up to INR 200 crore ($25 million) as an anchor investor in the fund with a deep focus on community development projects across remote locations in India and select countries in Africa, Asia and LATAM.

ISA opens global bids for solar cold storage in Africa

The International Solar Alliance (ISA) is overseeing bids from prospective contractors to supply, install and commission solar cold storage capacity in Senegal, Sudan, and Seychelles. Bidding is also open for two 2 MT systems in Djibouti.

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Larsen & Toubro secures transmission line, substation orders

The Indian multinational EPC contractor has been awarded significant power transmission and distribution contracts in Ladakh and Ayodhya, in addition to overseas projects in Saudi Arabia, Africa and Thailand.

Mini-grid company Husk Power doubled revenues in 2020

Bihar-based Husk Power Systems—which operates more than 100 mini-grids in India and Africa—recorded a 90% year-on-year growth in revenues and quadrupled business customers to 5000+. It expects the growth momentum to continue in 2021, with a 125% rise in revenues. 

NTPC invites proposals for solarization projects in ISA member countries

The selected applicants are required to execute projects across categories like solar-powered cold storage, solar water pumps, solar-powered reverse-osmosis water systems and off-grid solar systems for primary health care centers on a turnkey basis. The work includes engineering, supply, erection, commissioning along with maintenance support for three years.

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