Category: Member article
Anzana Electric Group & TDB Group announce financial close of €35m for 10 MW hydropower projects in Burundi
TDB Group and ARE Member Anzana Electric Group (“Anzana”) announce the financial close and first utilization of a portfolio project debt package for two run-of-river hydropower projects in Burundi developed by Songa Energy. This USD 35 million 10.65MW long-term debt […]
Mlinda launches solar mini-grid in Jharkhand to boost rural electrification & women’s empowerment
Development Alternatives (DA) inaugurated a 32.5 kWp solar mini-grid in Patratoli, Nawagarh, Raidih, Gumla district, Jharkhand. This initiative, implemented under the Rani Urja Mandala Mahila Samiti, aims to provide reliable clean energy to rural enterprises while promoting women-led energy entrepreneurship. […]
Innovation at the crossroads of utilities & DRE to accelerate energy access for African people
After a period of quiet co-existence, decentralised energy companies and utilities are starting to work hand in hand, an auspicious sign for the African power sector The landscape of energy in Africa is evolving rapidly as the continent faces increasingly […]
Africa: Transformative renewable energy platform established by PowerGen & leading investors to scale clean energy access across the continent
PowerGen Renewable Energy (“PowerGen”) has partnered with leading international investors to establish a scalable, distributed renewable energy platform, targeting the deployment of 120 MW of renewable power solutions, including battery energy storage, across Africa. The platform is a collaboration between […]
Solar for All: ElectriFI fuels Moon Togo’s mission to triple household connections
Brussels, 14 January 2025 – EDFI Management Company announced today a significant investment in Moon Togo, a pioneering solar energy company operating in Togo. This investment through ARE Member the Electrification Financing Initiative – ElectriFI aims to support Moon’s innovative community […]
Entric Power Systems publishes two new papers on energy transition
ARE Member Entric Power Systems has furthered the global energy transition discourse with two publications authored by its CEO, Tam Kemabonta. The papers address key challenges and propose innovative solutions to accelerate sustainable energy access across Africa. Institutional frameworks to […]
ISA & Becquerel Institute collaboration sheds light on solar PV jobs across Africa by 2050
The International Solar Alliance (ISA), an India-based intergovernmental organisation, has partnered with ARE Member Becquerel Institute, a strategic consulting firm and applied research institute specialised in solar PV, to produce a report on “Employment and Skills in Solar PV across […]
Camco achieves first close on REPP 2 blended finance fund with USD 185 million in total commitments
London, 9 December 2024 – ARE Member and climate and impact fund manager Camco has reached first close on USD 107 million for its new REPP 2 debt fund to invest in the African grid of the future, with a […]
Welight reaches over 180 electrified villages in Madagascar & Mali, reinforcing its pan-African ambitions
Antananarivo, 28 November 2024 – ARE Member Welight, a pioneer in mini-grids and rural electrification in Africa, announces the successful electrification of 186 villages, including 172 in Madagascar and 14 in Mali, fulfilling commitments made at the beginning of 2023. […]
ACE Village: building SDG resilience in the cotton supply chain through farm-level DRE investment
UK-based sustainability innovation company Pilio has developed the Affordable Clean Environment (ACE) Village programme for fashion and textile brands to invest in clean energy, nature and livelihoods – building resilience in their cotton value chain. The energy challenge in Pakistan […]