Category: Member article
ARE Member CMR Group develop an all-in-one mini solar and hybrid power plant
15 April 2021 – In 2020, more than 850 million people worldwide did not have access to electricity, 90% of them mostly living in rural areas in sub-Saharan Africa and South Asia. Access to electricity is vital to ensure the basic […]
ARE Members Grino & Africa GreenTec collaborate on solar water treatment
10 March 2021 – German start-up Grino Water Solutions will now provide its solar-powered water treatment solution at the ImpactSites of off-grid provider Africa GreenTec AG. The company installs containerised solar systems in rural areas in several countries in West Africa. […]
ARE Member SunFunder completes capital raise for Solar Energy Transformation Fund
8 March 2021 – Solar investments help reduce emissions and improve energy access in Africa and Asia ARE Member SunFunder, a finance company specialising in distributed solar in emerging markets, announces the final close of capital investments in the oversubscribed […]
Local Innovation: Creating a Foundation for Success in Rural Liberia
After several years of working closely with the people of Totota, Liberia, NRECA International in partnership with USAID/Liberia collaborated with this rural community to establish an electric cooperative in 2018 to bring them affordable, reliable and safe electricity. In less […]
ARE Members SunCulture & SunFunder collaborate to expand solar irrigation in Africa
10 February 2021 – ARE Member SunCulture, a solar irrigation company headquartered in Nairobi, Kenya, today received the first disbursement from a new $11m syndicated debt facility to expand its operations in sub-Saharan Africa. The new loan is groundbreaking for the […]
Innovex closes an equity investment with ARE Member Gaia Impact Fund
Kampala, Uganda, 19 January 2021 – Innovex, a Uganda-based startup enabling pay-as-you-go and remote monitoring for solar companies, closed a Series Seed Round with an equity investment from ARE Member Gaia Impact Fund. Innovex is a technology company with hardware […]
ARE Members Nexus Energy & Africa GreenTec announce successful merger
Florence, Italy, 14 January 2021 – Green Climate Ventures (GCV) announced the successful merger of its fully controlled company Nexus Energy with Africa GreenTec – both ARE Members. The financial terms of the transaction, finalised on 1 January 2021, have not […]
REPP injects £1 million into smart battery rental business targeting off-grid customers
London, 11 December 2020: The Renewable Energy Performance Platform (REPP), funded by the UK Government’s International Climate Finance, has invested £1 million into a renewables-powered battery rental company that provides affordable energy access to off-grid communities in West Africa. UK-based Mobile Power […]
After a slow year for electrification, 2020 ends with a full workshop and promising pipeline for ARE Member SustainSolar, greatly supported by innovative mini-grid asset leasing offering
9 December 2020 – The contraction of the global economy paired with far-reaching travel restrictions during most of 2020 did not only slow down many industrial sectors but also had a significant impact on the implementation of rural electrification projects […]
ARE Member EDP renews fund to support clean energy projects in developing countries
26 November 2020 – ARE Member EDP is preparing to sponsor new clean energy access projects in five African countries through the A2E Fund. The third edition of this financing program has €500,000 and two new target locations. The focus on […]