AFRICA: World Bank invests in batteries to boost solar energy Updated On Sat, Oct 20th, 2018 by Saurenergy The World Bank has decided to invest $1 billion for energy storage in Africa. The objective is to support the production of batteries to stimulate the production of solar energy. Africa is increasingly relying on solar energy to increase the rate of access to electricity for its population. Intermittence is the main disadvantage of the […] Read more
Juwi Energies secures business for EPC of 250 MW Solar Parks in S.Africa Updated On Thu, Aug 16th, 2018 by Saurenergy The USD 206 million contracts include the 86-MW Waterloo and the 78-MW Bokamoso solar plants, both to be located in North West Province, as well as the 86-MW Droogfontein 2 PV farm in the Northern Cape. Leading renewable energy development services provider, Juwi Energies has bagged contracts for Engineering, Procurement and Construction (EPC) and Operations and […] Read more
NDB Clears $300 Mn to Fund South African Energy Sector Updated On Tue, Jul 24th, 2018 by Saurenergy The recipient authority would be the Development Bank of South Africa who would further distribute funds according to the government allocations. New Development Bank (NDB), a multilateral development bank established by BRICS states, has approved the USD 300 million loan to fund energy sector projects in South Africa. The recipient authority would be the Development […] Read more
Sterling and Wilson to Deliver the Largest Battery Energy Storage Project in Africa Updated On Wed, May 30th, 2018 by Saurenergy Three battery sites totalling 30MWh including single largest installation of 17MWh part of a hybrid micro grid powered by Solar, Diesel and Battery Energy Storage Deal marks formal entry of one of the world’s largest solar EPC into the Hybrid and Energy Storage space Sterling and Wilson, an Indian multinational engaged in engineering, construction, manufacturing […] Read more
Small African Nations Seek Indian Support Through ISA Updated On Fri, May 25th, 2018 by Saurenergy Speaking on the sidelines of Fourth Smart Cities India 2018 Expo, underway at the Pragati Maidan, Gambian Ambassador said that they are seeking technical support from India through ISA. She was referring to small population nations of the African continent. To build up their solar capacity, small African nations are looking towards India for assistance […] Read more
Small African Nations Eye Indian Support via ISA Updated On Thu, May 24th, 2018 by Saurenergy With only 70 per cent electrification in urban area and 15 per cent in rural areas, there were huge business opportunities for solar companies in Gambia, said Jainaba Jagne Gambian Ambassador. In order to build up solar capacity to tackle climate change small African nations, which have or are yet to ratify the International Solar Alliance (ISA), […] Read more
ENGIE Completes Fenix’s Acquisition to Bring Affordable Power to Africa Updated On Wed, Apr 4th, 2018 by Saurenergy Through this partnership, Fenix will gain access to ENGIE’s supply chain, expertise, long-term capital investments and talent across the energy value chain. Global utility company ENGIE has completed the acquisition of the off-grid energy leader Fenix International. ENGIE and Fenix have ambitious targets to reach millions of households across Africa and this partnership will accelerate […] Read more
