M-KOPA Solar, Mastercard Join Hands for Pay-As-You-Go Solar Program Updated On Tue, Feb 27th, 2018 by Saurenergy M-KOPA will pilot Mastercard’s Quick Response (QR) payment technology in Uganda to extend the reach of its pioneering pay-as-you-go solar program. Mastercard, an American multinational financial services corporation, has entered into partnership with Kenyan pay-as-you-go solar provider M-KOPA to expand its solar energy provisioning to homes and businesses in Africa. At the Mobile World Congress both […] Read more
African Development Bank Grants $265M Loan for Two Solar Power Plants Updated On Tue, Dec 12th, 2017 by Saurenergy The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […] Read more
ENGIE Accelerates Its Development in the Off-Grid Energy Market by Joining Forces with Fenix Updated On Mon, Oct 23rd, 2017 by Saurenergy Fenix will be the agile growth engine for ENGIE’s SHS business in Africa and enable us to become a leading profitable off-grid energy services company on the continent, reaching millions of customers by 2020. ENGIE and Fenix announced that they have agreed on a transaction in which ENGIE will acquire1 100% of Fenix International, a […] Read more
Phanes Group Opens Solar Power Incubator to Unlock Potential of Energy in sub-Saharan Africa Updated On Mon, Sep 11th, 2017 by Saurenergy “We believe the Phanes Group Solar Incubator -in collaboration with our partners- will leverage untapped local PV potential, and create more opportunities for local projects. Combined with our strengths in developing bankable solutions for clean, affordable energy and efforts in CSR, the incubator initiative can help to address local needs that haven’t yet been met.” […] Read more
USAID to aid African off-grid solar startups with 4 million dollars funding Updated On Wed, Nov 23rd, 2016 by Saurenergy United States Agency for International Development (USAID) has announced the recipients of $4 million in new funding for African off-grid solar energy startups at the UN Climate conference held in Marrakech earlier this month. America’s foreign aid agency sanctioned the seed funding to the eight companies through the Scaling Off-Grid Energy: Grand Challenge for Development […] Read more
Indian EPC Sterling and Wilson bags 250 MW Solar Project in Nigeria Updated On Thu, Jul 21st, 2016 by Saurenergy The Indian EPC Sterling and Wilson have been sanctioned to develop 250 MW of 975 MW of solar Power Purchase Agreements (PPAs) by Nigerian Bulk Electricity Trading (NBET) Plc under Nigeria’s FIT program. The recent signing of 975 MW of PPA, which was given granted by the Nigerian Bulk Electricity Trading (NBET) in of the […] Read more
