SolarAfrica Begins Work For 1 GW Project On SunCentral Solar Farm Updated On Wed, Jul 3rd, 2024 by Saurenergy SolarAfrica, an Independent Power Producer, providing financial and technical solutions in energy recently began construction on the Rand 5 billion development project. This marks the beginning of Phase 1 of the IPP’s flagship utility-scale project. It also marks some serious progress on South Africa’s challenge to add more renewable energy to a struggling grid. The […] Read more
BII, Symbiotics Launch Second Green Basket Bond Across Asia, Africa Updated On Wed, Jun 26th, 2024 by Saurenergy British International Investment (BII), a UK-based development finance institution (DFI) and impact investor committed $75 million to the second ‘green basket bond’ arranged by Symbiotics Investments, a financial lender. The green lending program is expected to increase financing to small-scale green projects across Africa and South and South-East Asia through MSME lenders. This project particularly […] Read more
Africa’s Solar Challenges: Massive Untapped Potential Shows Up Tiny Production Updated On Thu, May 9th, 2024 by Saurenergy With nearly one-fifth of the world’s population today, Africa accounts for less than 3% of the world’s energy-related carbon dioxide emissions to date and has the lowest emissions per capita of any region. But still, Africans are facing the worst consequences of climate change in the world due to several reasons. Following that, Africa also […] Read more
News in Brief May 6 – US Wind Generation Drop, Engie, Sungrow in Africa Updated On Mon, May 6th, 2024 by Saurenergy Sungrow Sings Pact With Two South African Firms Global inverter and energy storage company Sungrow has signed an agreement with two South African distribution companies to increase its footprint in the African market. This included its agreement with Herholdt’s and ARB. The global company said the attempt would solidify its presence in South Africa’s renewable energy sector. […] Read more
GameChange Solar Secures 500 MW+ Solar Projects In S. Africa Updated On Wed, Apr 24th, 2024 by Saurenergy GameChange Solar, a global supplier of solar tracking solutions for ground-mounted PV plants, was selected to supply its Genius Tracker™ solar trackers for four new solar projects of over 500 megawatts (MW) in Southern Africa. These projects are strategically positioned to enhance energy supply across the region, supporting the diversification of the energy mix to […] Read more
One Electric First Indian EV Firm to Mark Entry for Production in African Market Updated On Wed, Aug 23rd, 2023 by Saurenergy One Electric, a firm that makes electric two wheelers, has announced the manufacture of its flagship electric motorcycle KRIDN locally in Africa. One Electric has formed a joint venture with a locally set up electric vehicle manufacturing firm. The manufacturer of electric two wheelers has offered components, technology and know how for the assembly of […] Read more
From Potential to Progress: What Does Africa Renewable Energy Journey Look Like? Updated On Thu, Jul 13th, 2023 by Saurenergy With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […] Read more
ISA & African Investment Platform to Pave Way for Financing Solar Projects in Africa Updated On Thu, Jul 6th, 2023 by Saurenergy African infrastructure investment platform Africa50 and the International Solar Alliance (ISA) have entered into an agreement that will bolster and finance solar projects on the continent. The partnership has been forged with an ambition to augment solar capacity, increase energy access and facilitate energy transition. Africa50 was established by African governments and the African Development […] Read more
African Development Bank’s SEFA Provides $7.88 Million Grant for AETC Programme Updated On Thu, Jul 6th, 2023 by Saurenergy The African Development Bank Group’s Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst Programme, which aims to increase renewable energy generation across the continent. The AETC Programme The Africa Energy Transition Catalyst Programme, also known as AETC, is a program […] Read more