Mitsubishi Invests in BBOXX to Bring Off-Grid Solar Energy to Africa and Asia Updated On Wed, Aug 28th, 2019 by Saurenergy Mitsubishi Corporation has announced its decision to invest in BBOXX Limited, a next-generation utility providing off-grid energy solutions in Africa & Asia Japanese multinational conglomerate, Mitsubishi Corporation (MC) has announced its decision to invest in UK-based BBOXX Limited, a next generation utility providing off-grid energy solutions in Africa and Asia. Since its establishment in 2010, […] Read more
Diageo Commits to a Renewable Future in Africa Updated On Tue, Aug 6th, 2019 by Saurenergy Diageo will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are carbon and water-efficient British multinational alcoholic beverages company, Diageo has announced that it will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are the […] Read more
2018 a Record Breaking Year For Wind Turbine Manufacturers in Africa: Report Updated On Thu, Jun 6th, 2019 by Saurenergy 2018 was a record-breaking year for wind turbine manufacturers in Africa, boosted by strong demand and supply in South Africa. 2018 was a record-breaking year for wind turbine manufacturers in Africa. The South African government signed long-pending PPAs in April 2018, which helped independent power producers (IPPs) to announce final investment decisions (FID), according to […] Read more
Wind Majors Come Together For Africa Task Force Updated On Wed, May 29th, 2019 by Saurenergy The Global Wind Industry Council (GWEC) has set up a new Task Force to speed up and facilitate the development of wind energy in Africa. The Task Force brings together leading developers, manufacturers and associations that are active in the African market, including Siemens Gamesa Renewable Energy, Vestas, the South Africa Wind Energy Association, Africa […] Read more
Solar Energy to Power Humanitarian Hub in South Sudan by 2020 Updated On Tue, May 7th, 2019 by Saurenergy The partners are anticipating some 1,900 solar panels—capable of creating up to 700-kilowatts of power—will be installed around the perimeter of the Hub by December 2019. Thanks to a new private sector collaboration linking Scandinavia to Sub-Saharan Africa, a Norwegian company will be helping the International Organization for Migration (IOM) harness solar energy to power […] Read more
South Korea Steps Away From Coal and Towards Renewables Updated On Thu, Apr 25th, 2019 by Saurenergy The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move away from coal and towards renewable energy. The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move […] Read more
InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global Updated On Fri, Mar 22nd, 2019 by Saurenergy InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […] Read more
Japan’s Eurus Energy Acquires Share in Winlab Africa Updated On Thu, Mar 21st, 2019 by Saurenergy Japan’s wind energy developer Eurus Energy has acquired a share in Winlab Africa, a subsidiary of the Australian group Winlab Limited, with an investment of $10 million. The money will be used to finance several projects, including the Miombo Hewani wind farm in southwest Tanzania. A company statement explained that through this investment, Eurus Energy, […] Read more
World Bank and AfDB Commit $ 47 billion For African Climate Finance Updated On Fri, Mar 15th, 2019 by Saurenergy The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […] Read more
