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African Power Platform - Newsletter #17

Week 7, 2020

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EDITORIAL

Dear reader,

Welcome to the seventeenth African Power Platform (APP) newsletter.

After a calm period on the utility scale space in Africa end last year, 2020 is showing more activity, with tenders and projects being announced across the continent covering multiple technologies. An IFC sponsored Scaling Solar program is open in Togo.

The DFIs are working on comprehensive financing packages for supporting the energy transition in Africa, with billions of dollars ready for disbursement during the coming years.

We are also entering the events season, with relevant gatherings for the power sector professionals lined up in the coming months.

That's all for this week. Keep well, keep energized.

Meanwhile, the APP keeps here, serving the power industry in Africa.

 

Jorge Lascas

Founder & Managing Director

FROM THE PRESS

NAMIBIA: Government gives land for 44 MW Diaz Wind Farm. Read the article >>

The independent power producer (IPP) Diaz Wind Power has obtained a plot of land for the construction of its wind farm near the city of Lüderitz. The land was granted by the Namibian Ministry of Environment and Tourism.

UGANDA: Increase in Solar Energy Utilisation Spurs Rural Growth. Read the article >>

Recent statistics show an increase in the utilization of solar products among Ugandans which offers hope for the realization of the government's rural electrification strategy and plan (RESP) that aims to increase rural electricity access to 26 per cent by 2022 through a mix of grid and off-grid services.

AFRICA: Filatex to supply 150 MWp of solar energy in four countries. Read the article >>

Filatex Energie, a company based in Tananarive, Madagascar, will set out to conquer the African continent in 2020. It plans to produce 150 MWp of solar energy in four East and West African countries.

NIGERIA: Nigeria to adopt standards for renewable energy. Read the article >>

The Nigerian National Technical Committee on Electrical and Electronics has recommended 12 systems standards for renewable energy and hybrid systems. The standards according to a statement issued on Saturday by the Standards Organisation of Nigeria were carefully considered and found relevant to the nation’s needs.

MOROCCO: Morocco's ports authority opts for energy efficiency. Read the article >>

Morocco's ports authority (ANP) and the Moroccan Agency for sustainable energy (MASEN) signed a cooperation agreement to promote the use of renewable energies in Morocco's ports.

AFRICA: Progress in rolling out of national power grids has stalled across Africa. Read the article >>

Three years ago the African Development Bank launched an initiative to speed up the supply of electricity in Africa in 2016. Launching the New Deal on Energy for Africa, the bank’s President Akinwumi Adesina, remarked: "Africa is tired of being in the dark".

KENYA: Garissa solar plant soars Kenya’s renewable endeavour to new high. Read the article >>

The Garissa Solar Plant has increased the share of renewable energy to the grid to 93%, setting the stage for cheaper electricity in Kenya.

AFRICA: AfDB Sponsored Off-Grid Energy Access Fund Reaches Final Equity Close With Partner Contributions. Read the article >>

The Facility for Energy Inclusion's Off-Grid Energy Access Fund (FEI OGEF) has reached a final equity close with $59 million in committed equity capital and $36 million debt facilities, to support innovative, off-grid energy access companies.

SOUTH AFRICA: South Africa to embrace off-grid generation. Read the article >>

Africa’s richest nation will resort to allowing industry to generate its own power, to relieve pressure on beleaguered state utility Eskom amid load-shedding crisis.

ZIMBABWE: Zimbabwe Power Utility in Talks With Afreximbank on Debt Plan. Read the article >>

Zimbabwe’s state electricity utility is in talks with the African Export–Import Bank Ltd. to help clear $70 million of arrears it owes power producers in neighboring South Africa and Mozambique.

TUNISIA: Engie and Nareva plan to build a 120 MWp solar power plant in Gafsa. Read the article >>

A consortium formed by the French company Engie and the Moroccan company Nareva has been chosen to build a photovoltaic solar power plant in the governorate of Gafsa. This installation will have a capacity of 120 MWp.

MALI: Solar photovoltaic farm project in Mali secures investment. Read the article >>

PASH Global has acquired a 49.9% share in the solar photovoltaic farm project in Mali being developed by independent renewable energy power producer Akuo Energy.

NIGERIA: Electrifying Nigeria: could solar power one million households? Read the article >>

Nigeria has launched a $75m fund to provide electricity to its citizens, with solar panel manufacturer Lumos planning to use the money to electrify one million households over the next five years. We consider the impacts of this ambitious proposal.

SOUTH AFRICA: Solar and battery systems power up South African shacks. Read the article >>

In many small, rural settlements in South Africa, residents live in metal shacks with no connections to the regional electricity grid. But now in one of these settlements, lights are shining.

KENYA: Kenya begins construction of Africa’s first hybrid renewable energy facility. Read the article >>

Kenya, in partnership with Windlab East Africa, has began the construction of Africa’s first hybrid renewable energy facility in Meru County. The mega project will combine complementary wind and solar generation with battery storage.

GHANA: New impetus for Ghana’s solar ambitions. Read the article >>

The government has announced 17 MW of utility scale solar is under construction and the Ministry of Energy is seeking consultants to help promote mini-grids and solar net metering.

KENYA: Kenya in top five clean energy investors. Read the article >>

Kenya is the fifth leading investor in clean energy among developing countries, a new survey has shown.

LIBERIA: Liberia gets $35 million in renewable energy funds. Read the article >>

Liberia’s clean-energy plans are getting a boost from the African Development Fund, which has approved a $34.7 million grant and loan package to improve renewable energy access and promote investment in the West African nation.

BURKINA FASO: Urbasolar is building a 33 MW solar power plant in Pâ. Read the article >>

The French company Urbasolar has recently started construction work on a solar power plant in the municipality of Pâ. It is the second largest solar power plant in Burkina Faso, with a capacity of 33 megawatts (MW).

PRESS RELEASES

Bright Perspectives for Solar Power in Africa? Read the article >>

The difficulties involved in implementing infrastructure projects in most Sub-Saharan African countries are well-known: political risks, cost of mobilizing capital, weakness of existing electric grids, inadequate assets management capacities, insufficient training of local authorities, insufficiencies with the regulatory frameworks, lack of planning, liquidity shortages in the financial sector, financial robustness of the off-takers, etc.

New national policy targets geothermal energy usage Read the article >>

Uganda has released a revised draft of the National Energy Policy, which seeks to replace the older one of 2002, by, among other things, embarking on strategies that can promote new forms of energy such as solar and geothermal power.

Rwanda to set up green bank to finance climate investments Read the article >>

Government is set to facilitate the creation of a financial institution in Rwanda that will be solely dedicated to funding projects that promote climate change resilience.

all press releases >>

FROM THE MEMBERS

Recom’s 4W modules for industrial use are available from Dengrove Know more >>

Power modules which meet the latest EU ErP Lot 6 ecodesign specifications for standby and off mode for industrial and consumer products by Recom, are now available from Dengrove Electronic Components.

 

AfDB invests USD 20m in Metier Fund for renewable projects in Southern Africa Know more >>

The African Development Bank (AfDB) announced the approval of a USD-20-million (EUR 18m) investment in the Metier Sustainable Capital International Fund II, which injects capital in renewable and resource-efficient infrastructure projects in Southern Africa.

 

Eversheds Sutherland expands M&A and private capital teams with new addition Know more >>

Law firm Eversheds Sutherland has added Lance J. Phillips as a partner to its M&A and private capital teams in its Chicago office. Phillips joins from Skadden's corporate group in Chicago.

 

First Solar, Inc. to Announce Fourth Quarter and Full Year 2019 Financial Results and 2020 Financial Guidance on February 20, 2020 Know more >>

First Solar, Inc. will report financial results for the fourth quarter and full year ended December 31, 2019 and discuss its 2020 financial guidance and outlook after the market closes on Thursday, February 20, 2020.

 

African Trade Insurance Agency bulks up risk management with new hire Know more >>

The African Trade Insurance Agency (ATI), a pan-African provider of credit and political risk insurance, has appointed Deepak Dave as chief risk officer.

 

TENDERS

Mauritania - Technical and Analytical Energy Advisory Services: Preparation of a National Electrification Analysis View details >>

Submission deadline: 20 February 2020 | Category: Consultancy

Country: Mauritania | Entity: World Bank Group

 

Chad - Technical and Analytical Energy Advisory Services: Preparation of a National Electrification Analysis View details >>

Submission deadline: 24 February 2020 | Category: Consultancy

Country: Chad | Entity: World Bank Group

 

Technical, economic, financial and environmental feasibility study for the electrification of Village Clusters in 100 Rural Localities by Green Mini-Grids View details >>

Submission deadline: 25 February 2020 | Category: Consultancy

Country: Niger | Entity: World Bank Group

 

RDC - Supply and Installation of Equipment for the Rural and Peri-urban Electrification Project (PEUR) View details >>

Submission deadline: 27 February 2020 | Category: Construction

Country: Kinshasa, Democratic Republic of Congo | Entity: African Development Bank

 

Supply and installation of six thousand (6,000) smart meters and equipment for the installation of a counting center for the benefit of SBEE View details >>

Submission deadline: 10 March 2020 | Category: Construction

Country: Benin | Entity: World Bank Group

 

Central African Republic - Works to rehabilitate and improve the electricity supply in the cities of Bambari and Berberati View details >>

Submission deadline: 13 March 2020 | Category: Construction

Country: Central African Republic | Entity: Water and Electricity Upgrading Project

 

Mozambique - Plant, Design, Supply Installation of 400 kV Single-Circuit Transmission Line for Temane Transmission Project (TTP), Lot 6 View details >>

Submission deadline: 17 March 2020 | Category: Construction

Country: Southern Africa | Entity: Electricity of Mozambique

 

Technical Assistance to Support the Formulation of Brava Sustainable Island Project View details >>

Submission deadline: 19 March 2020 | Category: Consultancy

Country: Cape Verde | Entity: Luxembourg Agency for Development Cooperation (LuxDev)

 

Togo Launches 60-80MW Scaling Solar Tender View details >>

Submission deadline: 30 March 2020 | Category: IPP

Country: Togo | Entity: Government of Togo

 

all tenders >>

UPCOMING WEBINARS

Grid Stability with High Share of Renewables - Transforming Small Island Power Systems Know more >>

Date & Time: Tuesday, 18 February 2020 at 9:00 AM - 9:35 AM GMT | Organizer: IRENA Insights

 

all webinars >>

UPCOMING EVENTS

9th Solaire Expo Maroc 2020 Know more >>

Date: 25 - 27 February 2020 | Location: Morocco

 

 

6th ARE Energy Access Investment Forum 2020 Know more >>

Date: 18-19 March 2020 | Location: Lusaka, Zambia

 

 

Lagos Power Fest Know more >>

Date: 26 March 2020 | Location: The Civic Centre, Victoria Island, Lagos, Nigeria

 

 

all events >>

FEATURED REPORT

Renewables for Refugee Settlements: Sustainable Energy Access in Humanitarian Situations Know more >>

Publication date: 2019, December | Author: IRENA

Refugees and displaced people mostly depend on energy that is unsustainable and can harm their health and well-being. Sustainable energy based on renewables, in contrast, bridges the gap between humanitarian response and development, enhancing the well-being of displaced people and communities.

 

 

all reports >>

JOBS

Customer Success Manager View details >>

Published: 14 January 2020 | Location: Nairobi

Description: Angaza’s technology empowers distributors to make life-changing products accessible and affordable to individuals in emerging markets, even those who live on less than $2 per day. With affordable access to livelihood necessities like solar lights and clean cookstoves, people without access to credit or traditional banking services can start on a path to financial inclusion.

 

Consumer Understanding & Credit Officer View details >>

Published: 20 January 2020 | Location: Dakar, Senegal

Description: The main objective of the Consumer Understanding & Credit Officer at Oolu is to maximize and monitor portfolio performance and growth. The successful applicant will develop Oolu’s understanding of its customer base and value proposition, using this understanding to formulate and implement portfolio improvement and growth initiatives centred primarily around pricing and credit scoring.

 

Global Customer Experience Business Strategy Analyst View details >>

Published: 24 January 2020 | Location: Kampala, Uganda

Description: This position will be part of the Global Customer Experience team that is based in Kampala, Uganda, led by a Business Strategy Manager and working closely with multiple department heads/directors.

 

CEO Brightlife View details >>

Published: 7 February 2020 | Location: Uganda

Description: The BrightLife Uganda CEO will drive BrightLife to long-term Solar Home System market leader status in Uganda.

 

Senior Project Manager and Consultant View details >>

Published: 8 February 2020 | Location: Nairobi, Kenya

Description: TTA is seeking a Senior Project Manager and Consultant to join the Africa Unit of TTA in Kenya. Under the supervision of the Africa Team Leaders, the Project Manager and Consultant will coordinate projects and develop innovative custom-consultancy services adapted to the project and Client needs. The nature of projects will be related to sustainable energy, including renewable energy, energy efficiency and energy access.

 

all jobs >>

JOIN THE AFRICAN POWER PLATFORM

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African Power Platform - Newsletter #18

Week 12, 2020

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EDITORIAL

Dear reader,

Welcome to the eighteenth African Power Platform (APP) newsletter.

The power industry can't remain indifferent to what's happening globally with the Coronavirus outbreak, and our message is to advise you to stay safe, avoid unnecessary travels and follow the instructions from the local authorities of the country you are located.

Africa keeps experiencing progress on the off-grid and on-grid sectors, with projects moving forward all across the continent.

In this edition we share you news coming from Gabon, Djibouti, Angola, Zimbabwe, Kenya, Namibia, Nigeria, Zambia, Senegal, DR Congo, Tanzania, Morocco, Burundi and Ivory Coast.

There are two new financing opportunities, the Brilho programme in Mozambique, a DFID funded programme for off-grid projects and the IRENA lead Climate Investment Platform (CIP).

That's all for this week. Keep well, keep energized.

Meanwhile, the APP keeps here, serving the power industry in Africa.

 

Jorge Lascas

Founder & Managing Director

FROM THE PRESS

GABON: Eight hybrid solar power plants for isolated communities. Read the article >>

Ausar Energy, a subsidiary of ENGIE, has signed a 15-year lease-purchase agreement for the construction and operation of hybrid solar power plants, which will eventually supply nearly 1,600 homes and save 2,600 tons of CO2 per year.

AFRICA: Powering Africa’s transformation with clean energy. Read the article >>

How can Africa generate the power it needs to grow and prosper without becoming reliant on unsustainable solutions such as coal? Vera Songwe and Scott Mather introduce the SDG 7 Initiative for Africa, a bold new initiative that aims to add 10,000 MW to Africa’s electricity capacity by 2025, all in the form of clean energy.

DJIBOUTI: Djibouti’s first renewables project launched. Read the article >>

Africa Finance Corporation (AFC), Climate Fund Managers (CFM), FMO, the Dutch entrepreneurial development bank and Great Horn Investment Holdings (GHIH) are funding the construction and operation of a 60MW wind farm in the Ghoubet area, near Lake Assal in Djibouti.

ANGOLA: Voith Hydro to open hydraulic power training centre. Read the article >>

An agreement was recently signed between the Angolan Government and Voith Hydro, a German company specialising in the construction of dams and the equipment of hydroelectric power stations. The company will build a hydropower training centre in Angola.

ZIMBABWE: US NGO Installs Solar Panels in Maternity Wards in Zimbabwe. Read the article >>

Staff and patients celebrated at Beatrice Government Hospital after a U.S. charity known as We Care Solar installed solar power in the medical center's labor and maternity wards.

AFRICA: ENGIE Africa brings Off-Grid Power to over 4 Million People, establishing its Position as Market Leader on the Continent. Read the article >>

ENGIE Africa is pleased to announce that it has successfully accelerated the Access to Energy (A2E) strategy that it launched in 2018. ENGIE has achieved this through the development of its three A2E off-grid energy solution companies: Fenix International, ENGIE Mobisol, and ENGIE PowerCorner.

KENYA: Kenya to connect 250,000 households in 14 counties to solar power. Read the article >>

Kenya is set to connect 250,000 households in 14 counties to solar power through a solar electrification programme. This is after the government partnered with the World Bank to fund the US $150m project.

NAMIBIA: Kunene region gets 150 kWp solar power plant. Read the article >>

The Kunene region of Namibia has just acquired a 150 kWp solar power plant. The project was financed by the Green Climate Fund (GCF). It will benefit 9,200 people.

NIGERIA: Africa’s second largest hydro power project to take off after legal tussle. Read the article >>

The Minister of Power, Sale Mamman, disclosed that the power project, which is reputed to be the second-largest hydroelectric plant in Africa is back on track after the government settled a legal dispute that was delaying it.

ZAMBIA: Saurea’s solar engine will pump water for irrigation for 20 years. Read the article >>

Saurea just sold a solar engine in Zambia. In this East African country, where only 5% of people have access to electricity in rural areas, the French start-up's innovation is adapted to hand pumps to irrigate fields.

SENEGAL: Senegal opens West Africa's first big wind farm in push for renewables. Read the article >>

Senegal inaugurated the first large-scale wind farm in West Africa on Monday, a facility that will supply nearly a sixth of the country’s power when it reaches full capacity later this year.

DR CONGO: Saving lives with solar power in Democratic Republic of Congo. Read the article >>

In remote parts of countries like Democratic Republic of Congo (DRC), where patients often have to walk long distances to get to a hospital, many health centers struggle with a very basic issue—a lack of access to electricity. Doctors Without Borders/Médecins Sans Frontières (MSF) teams have been coping with this logistical challenge for decades, usually relying on diesel generators. But in DRC´s South Kivu province, MSF teams are finding a cheaper, more effective, and sustainable solution through solar power.

TANZANIA: Makang’wa will benefit from a solar-powered water supply system. Read the article >>

The Makang'wa village, located in the Chamwino district of Tanzania, will soon have a solar-powered drinking water supply system. The project has recently benn launched by the Tanzanian government. It will provide more than 7,000 households with access to safe drinking water.

AFRICA: Persistent Energy raises $8 million to provide solar off-grid. Read the article >>

Persistent Energy Capital LLC, a venture capital firm has just raised $8 million through a crowdfunding action. The funds will be reinvested in solar energy providers in Africa.

NAMIBIA: Namibia to construct 4 wind power plants in national park. Read the article >>

Namibia has approved the construction of four wind power plants in the Tsau Khaeb (Sperrgebiet) National Park in the country’s coastal town Luderitz, officials said Tuesday. Ministry of Environment and Tourism executive director Teofilus Nghitila said the power plants are expected to generate 100 megawatts of electricity.

AFRICA: Africa can capitalise on biomass as renewable energy source. Read the article >>

Progress has been made in Africa's development in biomass and the continent has the potential to capitalise on this renewable energy source, according to Lee Dawes, GE Steam Power Sub-Saharan Africa CEO.

MOROCCO: Morocco Pledges to Support Electricity Projects in Southern Africa. Read the article >>

Morocco is committed to sharing its expertise with African countries in the field of electricity, said the Director-General of Morocco’s National Office for Electricity and Drinking Water (ONEE), Abderrahim El Hafidi.

BURUNDI: Grants valued at $160m to uplift Burundi communities through solar. Read the article >>

The World Bank approved two grants for a total of $160 million from the International Development Association (IDA) to support Burundi in improving essential services through solar power and local development in rural and remote areas.

IVORY COAST: Ivory Coast solar project receives backing. Read the article >>

French finance and international law firms are among those involved in a home solar energy project in Ivory Coast. NEoT Offgrid Africa, an investment platform focused on renewable energy, has provided financing for solar power systems to homes in Ivory Coast, which will be distributed by Zola EDF Côte d'Ivoire (ZECI).

PRESS RELEASES

VentureBuilder and USADF Partner to Support Local Off-Grid Enterprises in Africa Read the article >>

VentureBuilder and the United States African Development Foundation (USADF) announced today (17 February 2020) their partnership to sustainably help scale up indigenous off-grid solar enterprises across Africa. With over 100 million African households still lacking access to modern energy services, this new partnership will support the development of off-grid solar enterprises to meet the demands of underserved populations on the continent.

First phase of Scatec Solar’s 258 MW solar plant in South Africa in commercial operation Read the article >>

Scatec Solar and partners have grid connected and reached commercial operation for 86 MW of the 258 MW solar power complex in Upington, South Africa. The 86 MW facility, known as Sirius, is expected to produce 217 GWh and will lead to the abatement of more than 180,000 tonnes of CO2 emissions annually.

Off-Grid Solar Industry Grows Into a $1.75 Billion Annual Market, New Report Shows Read the article >>

The off-grid solar industry has grown into a $1.75 billion annual market, providing lighting and other energy services to 420 million users and remains on a solid growth curve, a new World Bank Group and GOGLA report shows.

Off-Grid Solar Energy Sector Ready to Step Up Efforts Towards Sustainable Energy Read the article >>

Leading off-grid solar energy companies, governments, development partners, and investors this week agreed to further grow the off-grid solar market. The renewed commitment will accelerate progress towards universal access to affordable, reliable and sustainable energy by 2030.

Azuri launches Brighter Lives Initiative to encourage more rural women into solar Read the article >>

Azuri Technologies announced its Brighter Lives Initiative, aimed at bringing more rural women into the off-grid solar sector.

FEI-OGEF investment amplifies solar energy leader d.light’s reach in East Africa Read the article >>

The Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI-OGEF), managed by Lion’s Head Global Partners (LHGP), today announced a $10 million debt investment in d.light, a leading innovator of solar energy products.

NEoT Offgrid Africa launches the first receivables securitization program in the financing of renewable energy projects in Africa Read the article >>

NEoT Offgrid Africa (NOA) has closed a receivables securitization program with Zola Electricity Côte d'Ivoire (ZECI - a joint venture between EDF and Zola Electric) which aims to equip more than 100,000 households with solar home systems in Côte d'Ivoire, mainly in rural and peri-urban areas. NOA, majority-owned by Meridiam, is the first investment platform to set up a receivables securitization program in the financing of off-grid energy projects in Africa. Its objective for this deal is to reach a portfolio worth 40 million euros.

Umeme Kicks Off a Global Partnership Pilot to Identify New Approaches to Clean Energy Access in Uganda Read the article >>

Umeme Limited, Makerere University, The Rockefeller Foundation, and Power for All – a global charity dedicated to accelerating the end of energy poverty – and a coalition of energy companies launched an integrated energy pilot to test new ways of accelerating energy access, stimulating customer demand and improving grid performance in Uganda that will primarily benefit poor and rural areas.

all press releases >>

FROM THE MEMBERS

Arup to Back ScotWind Know more >>

Crown Estate Scotland has appointed global engineering and consultancy firm Arup as specialist reviewers for ScotWind, the new leasing round for offshore wind projects.

 

Enerwhere anchors offshore bifacial PV project on UAE seawater Know more >>

Dubai solar developer Enerwhere revealed a floating solar plant installed on the open ocean near the luxury resort island of Nurai, in the United Arab Emirates (UAE).

 

Eversheds Sutherland named ‘Best Law Firm’ 2020 by HedgeWeek Know more >>

Eversheds Sutherland has been named Best Law Firm at the HedgeWeek European Awards 2020. The annual awards recognise excellence among hedge fund managers and service providers across Europe. The nominations are based on a 'peer review system' whereby readers, are invited to elect a 'best in class' in a series of categories.

 

RECOM acquires Swiss SUNWATT & completes three roof-top projects Know more >>

Three major commercial rooftop installations in the Geneva area with a total capacity of 1,6MW – the Stadium of Geneva, College of Voirets and College of Bude – were completed by RECOM-SUNWATT.

 

TENDERS

Development of National Bioenergy Action Plan for Sierra Leone View details >>

Submission deadline: 27 March 2020 | Category: Consultancy

Country: Sierra Leone | Entity: ECREEE

 

Development of National Bioenergy Action Plan for Benin, Ivory Coast and Togo View details >>

Submission deadline: 27 March 2020 | Category: Consultancy

Country: Benin, Ivory Coast and Togo | Entity: ECREEE

 

EOI - Gambia - Assistance for Procurement, Control and Supervision of Construction Works for Rural Electrification of 59 rural communities from Brikama and Soma substations in The Gambia View details >>

Submission deadline: 27 March 2020 | Category: Consultancy

Country: Gambia | Entity: African Development Bank

 

AOI - Multinational - Projet d’Interconnexion Nigéria – Niger - Bénin – Burkina Faso - 2e phase des travaux d’électrification rurale sur le parcours de la ligne d’interconnexion - Lot 1, Lot 2 et Lot 3 (French) View details >>

Submission deadline: 13 May 2020 | Category: Construction

Country: Niger | Entity: African Development Bank

 

all tenders >>

FINANCING

Call for Applications: BRILHO Energy Mozambique Know more >>

Deadline: 29 May 2020 | Country: Mozambique

Details: BRILHO is a five-year programme, 2019 - 2024, that will catalyse Mozambique’s off-grid energy market in order to provide clean and affordable energy solutions to the country’s off-grid population.

 

Climate Investment Platform Know more >>

Region: Africa

Details: IRENA invites multilateral, bilateral and local financial institutions, other development organisations and other institutions that are prepared to provide financial resources, technical assistance and/or support the realisation of projects, along with private companies and private investors, to become partners of the Climate Investment Platform (CIP).

 

all financing >>

UPCOMING WEBINARS

Open discussion on the status of Africa’s power generation Know more >>

Date & Time: 24 March 2020 at 13:00 GMT | Organizer: ESI Africa

 

Cut your LCOE by optimizing PV tracker performance Know more >>

Date & Time: 24 March 2020 at 16:00 CET | Organizer: ATA Insights

 

all webinars >>

UPCOMING EVENTS (Please check regularly the events section as Coronavirus as been forcing suspension of most events)

Lagos Power Fest Know more >>

Date: 26 March 2020 | Location: Lagos, Nigeria

 

7th Edition of the Mozambique Mining, Oil & Gas and Energy Conference and Exhibition (MMEC 2020) Know more >>

Date: 22 - 23 April 2020 | Location: Maputo, Mozambique

 

 

The Africa Energy Forum 2020 Know more >>

Date: 30 June - 3 July 2020 | Location: Barcelona, Spain

 

all events >>

FEATURED REPORT

Pricing Quality: Cost Drivers and Value Add in the Off-Grid Solar Sector Know more >>

Publication date: 2020, January | Author: GOGLA

Building on Hystra’s experience working on solar for the past 10 years and GOGLA knowledge of their members, complemented with 15+ interviews of off-grid solar players and experts, this report presents the main cost drivers in the provision of quality products and services (including both upstream in product manufacturing, and downstream in product sales and added services) and the levers policymakers and industry players can use to narrow the price gap with non-quality products.

 

all reports >>

JOBS

Head of Engineering View details >>

Published: 12 February 2020 | Location: Nairobi, Kenya

Description: The Head of Engineering will be responsible for overseeing all power-related technical elements of the company.

 

Corporate Finance Director View details >>

Published: 13 February 2020 | Location: Nairobi, Kenya

Description: The Corporate Finance Director is the individual primarily responsible for the financial health of the company. He/she is a thought leader and partner to the CEO, and co-creator of corporate strategies, plans and objectives. He/she is responsible for all aspects of financial strategy, planning, management, analysis, and reporting. In Pawame’s unique context, he/she will work alongside Pawame’s CFO to support fundraising efforts and ensure Pawame has access to an adequate supply of low-cost working capital.

 

Director of Customer Experience View details >>

Published: 14 February 2020 | Location: Nairobi, Kenya

Description: Angaza is hiring a Director of Customer Experience to join leadership team and take ownership over post-sales customer journey.

 

Senior Analyst / Associate Manager, Process Excellence View details >>

Published: 25 February 2020 | Location: Nairobi, Kenya

Description: The Senior Analyst or Associate Manager, Process Excellence, will have a leading role in helping to reshape critical business process across the organization.

 

Power DC Product Associate View details >>

Published: 25 February 2020 | Location: Kigali, Rwanda

Description: About the role: Set a road map for the development of products in the range, including both hardware and business model development; Coordinate with the market research team to conduct market and user research; Manage pilots to test products and learn about the market; Coordinate with the hardware development and sourcing teams to design and begin producing the products; Coordinate with the finance team to develop a profitable business model for these products in all BBOXX markets; Work with the process management team to develop a go-to-market plan including customer acquisition and development strategies for this product; Evaluate the success of new product or feature roll-outs and provide support as required.

 

Regional Head of Programmes View details >>

Published: 3 March 2020 | Location: Nairobi, Kenya

Description: About the role: Reporting to the Director of Programmes based in London, you will lead their Nairobi-based Programmes and Advisory team, which includes professionals from a range of private-sector backgrounds, including entrepreneurship, engineering, project development, banking and investment, micro-finance, management consulting and law. You will also support and provide expert advice to their other country offices. You will manage and help implement their programmes, including both SME advisory and more field-based work. You will provide transaction advice to SMEs, manage relationships with donors and ensure that programmes are delivered on time and in a quality manner. You will represent E4I at industry events and, for up to 20% of your time, support on business development and fundraising.

 

Senior Programmes Manager/Advisor View details >>

Published: 3 March 2020 | Location: Nairobi, Kenya

Description: About the role: You will be a senior member of their African Programmes and Advisory team, which includes professionals from a range of private-sector backgrounds, including entrepreneurship, engineering, project development, banking and investment, micro-finance, management consulting and law. You will manage and lead the implementation of SME advisory programmes and be expected to mentor junior members of the E4I team. You will provide business, financial and other advice to SMEs, including solar home system companies, mini-grid developers and productive use businesses. You will manage relationships with donors and ensure that programmes are delivered on time and in a quality manner. You will represent E4I at industry events and, for up to 20% of your time, support on business development and fundraising. You will have a strong private sector and transactional background, ideally in energy, financing or related business. They particularly welcome candidates with a background in capital raising with SMEs.

 

all jobs >>

JOIN THE AFRICAN POWER PLATFORM

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African Power Platform - Newsletter #19

Week 28, 2020

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EDITORIAL

Dear reader,

Welcome to the nineteenth African Power Platform (APP) newsletter.

We can't avoid addressing the COVID-19 situation that is affecting the world globally, thus not leaving Africa behind.

With most airports closed to international traffic and major cities in lockdown, the populations are suffering from the economy slowdown since governments support is very limited and social welfare systems have scarce resources, if any.

So how can we, the power sector, contribute to improving Africa's response to the pandemic?

One good option is solarizing health facilities. Most stay in rural areas, without reliable power supply and can benefit from hybrid solar-powered solutions.

It's also a good opportunity to accelerate the transition to renewable energy. Since there is not much pressure on the systems as the demand-side is seeing a reduction from slow industry output, there is more time for planning long term green energy solutions.

From the news we have been seeing activity in Zimbabwe, Nigeria, Kenya. The renewable industry is active in Africa despite situation, and it can actually contribute to a quicker recovery.

That's all for this week. Keep safe, keep energized.

Meanwhile, the APP keeps here, serving the power industry in Africa.

 

Jorge Lascas

Founder & Managing Director

FROM THE PRESS

NIGERIA: Nigeria's off-the-grid solar-powered school. Read the article >>

Fed up with frequent power cuts, a school in Nigeria now generates its own electricity. The initial investment is paying off, and the school encourages children to value a sustainable future.

ZIMBABWE: SolGas Energy to commission its solar power plant in Hwange in August. Read the article >>

After several months of delay, the independent power producer (IPP) SolGas Energy will commission a solar photovoltaic power plant in August 2020. Located in Hwange, in the province of Matabeleland North, the plant will have a capacity of 5 MWp.

SOMALIA: Beco builds 8 MWp solar power plant in Mogadishu. Read the article >>

Beco, the company that provides the public electricity service in the city of Mogadishu, has recently installed a photovoltaic solar power plant there. The objective is to reduce electricity costs in the Somali capital. The company plans to increase the capacity of the solar power plant to 100 MWp in the coming years.

NIGERIA: Nigeria marks another milestone with two solar hybrid mini-grids. Read the article >>

The Rural Electrification Agency (REA) has commissioned two solar hybrid mini-grids in the villages of Akipelai and Oloibiri, Bayelsa State, with a total capacity of 134.64kW for both communities under the Nigeria Electrification Project (NEP).

KENYA: Major construction works at Kipeto wind power project in Kenya complete. Read the article >>

The major construction activities at the Kipeto Wind power project located at Esilanke area on the foothills of Ngong Hills in Kajiado county of Kenya has been completed following the completion of the installation of all the 60 wind power turbine generators by the US multinational General Electric (GE).

MADAGASCAR: Wattec installs solar system on ABC’s rooftop in Antananarivo. Read the article >>

Wattec has recently commissioned a solar power plant on the rooftop of ABC, a construction company based in Antananarivo, Madagascar. The installation reinforces the autonomy of ABC with regard to the Madagascan national electricity network.

AFRICA: Pele Green Energy plans to scale up wind and solar projects. Read the article >>

Pele Green Energy, an independent power producer, will soon be expanding its wind and solar energy projects on the African continent. It has recently raised capital with the help of Investec, a South African and British specialist bank.

ZIMBABWE: Local solar power developer secures generation licence. Read the article >>

The Zimbabwe Energy Regulatory Authority (ZERA) has granted a generation licence to a local consortium, Triangle Solar System (TSS) for the development of a 90MW solar power.

NIGERIA: Solar Installations Helping Nigerian Health Centers Fight COVID-19 Outbreak. Read the article >>

All On, an independent impact investment company, has announced the completion of the first phase of nationwide solar installations at emergency health facilities related to the COVID-19 pandemic response.

ANGOLA: Government’s Commitment To Diversify Angola’s Economy Continues To Offer Opportunities For Investors In The Power Sector. Read the article >>

Notwithstanding the ongoing crisis in the oil sector globally that has led to significant drops in government revenue, the Angolan Government has said it remains ever more committed to the diversification of the country’s economy away from oil revenue dependence.

KENYA: SFC finances d.light to distribute solar kits in rural areas. Read the article >>

The Solar Frontier Capital (SFC) financing platform, has recently set up a 6.5 billion shillings (about $65 million) financing facility to benefit d.light design Inc. Known as Brighter Life Kenya 1 Limited (BLK1), this financing facility will help in the distribution of solar home kits in rural Kenya.

KENYA: Kenya’s first ever floating solar power plant to be constructed. Read the article >>

Kenya’s first-ever floating solar power plant is set to be constructed in the rift valley region. The 69 kW power infrastructure will be commissioned for Rift Valleys Roses, a family-owned rose-growing company located near Lake Naivasha, on one of the flower farm’s water reservoirs using a floating substructure.

SUDAN: Solar for agriculture: Empowering farmers in Sudan. Read the article >>

To demonstrate the potential of renewables in Sudan, a $4.4 million Global Environmental Facility (GEF) grant allowed UNDP to trial 29 solar-pumped farms in the Sahara-encompassed Northern State.

TUNISIA: IPPs designated to produce 70 MWp from 16 solar power plants. Read the article >>

The Tunisian government has just selected several independent power producers (IPPs) for the implementation of a solar project to produce 70 MWp of electricity from 16 photovoltaic solar power plants.

AFRICA: Renewable energy investments crucial in Africa’s efforts to build back better post COVID-19. Read the article >>

It is essential for African governments to build back strong from the coronavirus crisis by placing investments in sustainable energy among the central recovery goals, and linking recovery investment to strengthening the foundation of future sustainable development.

UGANDA: Working with the UK to promote clean and affordable energy. Read the article >>

Renewable energy was the focus of a virtual trade mission recently organized by the Department for International Trade (DIT) at the British High Commission in Uganda, in collaboration with Innovate UK and the London Chamber of Commerce and Industry (LCCI) for the Energy Catalyst Round 8 (ECRP) programme. ECRP is a competition that aims to support highly innovative and market-oriented energy solutions in any technology or sector in sub-Saharan Africa, South Asia or South-East Asia.

SUB-SAHARAN AFRICA: Sub-Saharan solar minigrid market worth $128 billion by 2030. Read the article >>

BloombergNEF and Sustainable Energy for All have jointly published a report by the Mini-Grid Partnership proposing solar minigrids as a critical technology to bring electricity to the 789 million people who still lack access.

PRESS RELEASES

MIGA Insures Actis Energy Investment in South Africa’s Renewable Energy Sector Read the article >>

MIGA, a member of the World Bank Group, has issued guarantees in support of the construction, ownership and operation of two solar photovoltaic power plants (Aggeneys and Konkoonsies II) in South Africa’s Northern Cape, and two wind power plants (Golden Valley and Excelsior) in the Eastern and Western Capes.

Future Energy East Africa to go ahead as virtual event Read the article >>

Three exciting days of live conference sessions, technical presentations, networking opportunities and an exclusive Utility CEO Forum will form part of the programme of the upcoming Virtual Future Energy East Africa from 1-3 September 2020.

Gaia Impact Fund announces a milestone equity investment in Nuru, a minigrid developer and operator in the Democratic Republic of Congo (DRC) Read the article >>

“Nuru is thrilled to be partnering with Gaia Impact Fund to bring millions of people renewable energy in the Democratic Republic of Congo”, says Jonathan Shaw, CEO of Nuru.

EDP sponsors eight clean energy access projects in Africa with €500,000 Read the article >>

The projects will be implemented in Mozambique, Kenya, Tanzania, Nigeria and Malawi, and are expected to benefit more than one million people. The overall amount to be invested through the A2E Fund stands at €500,000.

Efficiency for Access, Rural Senses and SVT Group Collaborate on Impact Assessment Framework for Appliances Read the article >>

Efficiency for Access Collaborates with Rural Senses and SVT Group to Develop an Impact Assessment Framework for High Performing Appliances.

On-site solar can spur post-corona rebound Read the article >>

Businesses in Africa suffer from the world’s highest costs of electricity. Solar PV on the user’s site can slash energy costs, improve competitiveness and create hundreds of thousands of jobs, but government regulations are holding investments back.

 

all press releases >>

FROM THE MEMBERS

First Solar to Support Dow Gulf Coast Operations in Texas with Lowest Carbon Solar Know more >>

First Solar, Inc. today (June 18) announced that it had signed a 15-year power purchase agreement (PPA) with Dow, Inc. (NYSE: DOW) for its Gulf Coast operations. Dow’s Texas Operations is the largest petrochemical site in the western hemisphere. First Solar had previously disclosed the execution of the PPA without identifying the offtaker.

 

Mini Grids Project Launches in Kenya’s Communities Know more >>

Solar developer Renewvia Energy Kenya Limited, a subsidiary of Renewvia Energy Corporation and Energizing Development Kenya, announced a partnership to provide three mini grids that will bring reliable, affordable and clean electricity to local residents and businesses of Ngurunit, Kalobeyei Town and Kalobeyei in Kenya.

 

TENDERS

Consultancy Services for Project Owner's Engineer (POE) for Supervision of the Contract for Development of Solar Hybrid Power Plants & Facilities under Energizing Education Programme (EEP) Phase II View details >>

Submission deadline: 10 July 2020 | Category: Consultancy

Country: Nigeria | Entity: World Bank

 

Development of Sustainable Financing Mechanisms for Demand-Side Energy Efficiency Market Transformation in South Africa View details >>

Submission deadline: 15 July 2020 | Category: Consultancy

Country: ZA - South Africa | Entity: World Bank Group

 

Consultancy Services: “Technical Assistance to ensure the long-term sustainability of the clean energy mini-grid projects in Bambadinca and Bissorã in Guinea-Bissau” View details >>

Submission deadline: 17 July 2020 | Category: Consultancy

Country: Guinea-Bissau | Entity: ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE)

 

The Independent Power Producers Review in Zambia View details >>

Submission deadline: 21 July 2020 | Category: Consultancy

Country: Zambia | Entity: African Development Bank Group

 

Consultancy services for the Fundraising and Implementation of the ECOWAS Energy and Migration Programme View details >>

Submission deadline: 31 July 2020 | Category: Consultancy

Country: West Africa | Entity: ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE)

 

all tenders >>

GRANTS

Launch of PREO Programme - Funding to stimulate productive use of energy in sub-Saharan Africa More info >>

The Carbon Trust and Energy 4 Impact are excited to announce the launch of the Powering Renewable Energy Opportunities (PREO) Programme, promoting clean energy in sub-Saharan Africa to boost long-term job creation and reduce poverty through economic growth and women empowerment. | Deadline: 30 July 2020

 

all grants >>

UPCOMING WEBINARS

Solar for Airports in Africa Know more >>

Date & Time: 7 July 2020 at 12:00 PM GMT | Organizer: Africa Solar Industry Association

 

 

 

Africa Investment Exchange (AIX) Power Update Webinar Know more >>

Date & Time: 7 July 2020 at 1:00 pm - 6:00 pm BST | Organizer: CbI Meetings and African Energy

 

 

 

Achieving Energy Security: Encouraging Healthy Competition And Regulation For IPPs Know more >>

Date & Time: 14 July 2020 at 10h00 (GMT +2) | Organizer: Terrapinn

 

Renpower Morocco Investors - Online Conference Know more >>

Date & Time: 15 - 16 July 2020 at 10:00 to 13:30 on both days (Casablanca Time Zone) | Organizer: Euroconvention Global

 

Energy Access COVID-19 Relief Summit Know more >>

Date: 15 - 16 July 2020 | Organizer: Alliance for Rural Electrification and GOGLA

 

Green Hydrogen Future Know more >>

Date: 16 July 2020 | Organizer: Solarplaza

 

 

How insurance can mitigate investment risk in African power projects Know more >>

Date & Time: 22 July 2020 at 13:00 GMT | Organizer: Mining Review Africa and ESI Africa

 

Future Energy East Africa Know more >>

Date: 1 - 3 September 2020 | Organizer: Clarion Energy

 

all webinars >>

UPCOMING EVENTS

Infrastructure Africa Know more >>

Date: 8 - 9 September 2020 | Location: Cape Town International Convention Centre, South Africa

 

The 3rd Power Week Africa Know more >>

Date: 14 – 18 September 2020 | Location: Johannesburg

 

 

6th Africa Mini Grids Summit Know more >>

Date: 15 - 17 September 2020 | Location: Nairobi, Kenya

 

all events >>

FEATURED REPORT

Global Trends in Renewable Energy Investment 2020 Know more >>

Publication date: 10 June 2020 | Author: Frankfurt School

As COVID-19 hits the fossil fuel industry, the GTR 2020 shows that renewable energy is more cost-effective than ever – providing an opportunity to prioritize clean energy in economic recovery packages and bring the world closer to meeting the Paris Agreement goals.

 

all reports >>

JOBS

National Service Centre Manager View details >>

Published: 15 June 2020 | Location: Lusaka, Zambia

Description: The National Service Center Manager is responsible for all Service Center performance indicators and maintaining an exceptional standard within the network as this grows to scale.

 

Customer service Representative INTERN (Chuwabu e Lomwe) View details >>

Published: 30 June 2020 | Location: Maputo, Mozambique

Description: The Customer Service Representative is responsible for providing quality and efficient assistance to our customers.

 

Customer service Representative Intern (Tewe, Ndau, Sena) View details >>

Published: 30 June 2020 | Location: Maputo, Mozambique

Description: The Customer Service Representative is responsible for providing quality and efficient assistance to our customers.

 

all jobs >>

JOIN THE AFRICAN POWER PLATFORM

If you want to join the African Power Platform and enjoy the full set of benefits visit our membership page or contact us This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

 

 

 

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The Africa Energy Forum (aef)
Brussels, Belgium  | 21-24 June 2022
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If you cannot read this email, please click here
 

Who Else is Funding the US$350 Billion Needed by 2030 to Electrify Africa?

Following the massive success of the Powering Africa Summit which saw over 400 stakeholders and investors gather in Washington, we can�t wait to meet you in Brussels for the 24th annual Africa Energy Forum (aef), which is happening at a time of massive sector development, new capital and geo-political relevance.

According to research released by the global energy consultancy, Wood Mackenzie, �The evolution of sub-Saharan Africa�s utility business model, both on and off the grid, will fundamentally reshape the trajectory of global electricity demand and will be essential to the energy transition. Decentralised, bottom-up, solar-and-storage grids could not only transform sub-Saharan Africa�s energy future but carry important lessons for the next generation of thinking on utility business models globally. These trends also present an opportunity to earn healthy returns by addressing one of the energy transition�s largest challenges.� [Benjamin Attia, Principal Analyst, Wood Mackenzie].

With some 40% of the population on the continent (some 700 million+ people) having little or no access to electricity � per capita consumption of energy in sub-Saharan Africa, excluding South Africa, is 180 kWh, compared to 13,000 kWh per capita in the United States and 6,500 kWh in Europe, according to the African Development Bank Group. This represents a huge challenge for investors, but one that can be equal in opportunity considering just how much power is needed and projected economic growth across Africa in the coming 20yrs.

Join us at the aef on 21-24 June at Tour & Taxis, Brussels, as we bring together, stakeholders, in one place, as they pursue plans and strategies to enable Africa�s electrification needs by 2030, which has unlocked a US$350bn investment pot. 
FIND OUT MORE - CHECK THE WEBSITE
Hear from industry experts as they join forces to discuss:
 
  • Implementing Practical Solutions for Africa�s Utilities
  • Private Sector Innovation to Support Energy Evacuation Through the Utility and Grid??????
  • Solar and Wind, Producing Power, Producing Hydrogen
  • Integrating Solar and Wind into the Grid


aef gives YOU the opportunity to network with the leaders of the industry, plan, strategise and conduct deals to work towards electrification and the just transition on the continent.

We look forward to seeing you there!

REGISTER HERE
 
 
 
 

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Bringing Africa's voice to the heart of Europe... Join us at the 24th annual Africa Energy Forum, as it returns live and in full capacity from 21-24 June at Tour & Taxis in Brussels

As the world debates the role of Africa in the new-energy-future, what do stakeholders on the on the continent need to create and enabling environment to support the billions of dollars flowing into their economies?

Over four days, the Africa Energy Forum [aef] will bring together investors and industry leaders, in one place, to hear and present its united strategy for its investments into the continent's energy sector as it looks at Building Energy for the Just Transition. 

The Forum will see:
  • 2000+ high-level attendees
  • 300+ expert industry speakers
  • 100+ sponsors & exhibitors with a live tech theatre
  • 20+ hours of multi-stream content 
  • AFSIA Solar Awards
  • The launch of the Youth Energy Summit [YES!]
  • 4 days of unlimited networking opportunities
 
FIND OUT MORE - CHECK THE WEBSITE
aef will deep dive into the most critical topics, through the four-day multi-streamed agenda, including:
  • Ministerial Roundtable  Africa for Africa Building Energy for the Just Transition What Does Africa Want?    
  • How the EU investments being channeled into Africa s energy projects are playing a critical role in enabling access to energy
  • Africa s voice in the global fight against climate change and how the conversation is changing for COP27?
  • Implementing practical solutions for Africa s utilities
  • Country spotlights including: South Africa, Nigeria, Kenya, Egypt, Ghana, Morocco, Senegal, Uganda and many more.
For full details on the latest agenda and speakers please visit the website.
 
REGISTER NOW
The Africa Energy Forum is one event not to miss this year, so make sure you clear your schedule and register your place to attend.

We looking forward to welcoming you to the Forum.

Kind regards
 
The aef team at EnergyNet
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African Power Platform Creates a Network for Africa’s Power Sector Stakeholders

Nairobi, Kenya (August 20, 2018) – The African Power Platform (APP) has been launched as a new initiative to connect Governmental and Private Stakeholders of the African power sector by creating a network where they can connect with ease. The APP is a channel of communication for the market and assists in circulating and propagating tenders, business opportunities and intelligence to Members for business expansion.

“My love and commitment to Africa played a major role on the decision of launching the African Power Platform,” says Jorge Lascas, Founder and Managing Director of the APP. A firm believer in the social and economic growth of Africa, the APP, maintains that it is imperative to create one platform where Independent Power Producers, Developers, Financiers, Consultants, and other like-minded individuals, along with Ministries, Regulators and Utilities can share ideas and possible solutions concerning the lack of electricity in Africa. 

To further assist in the continent’s social and economic growth, APP Members have the ability to stay abreast on current events concerning the power sector by signing up for newsletters and press releases. The organisation has also created a means by which Members can share information regarding networking events. It is through this social and economic development, as well as the financial assistance of members, that the APP hopes to contribute to Africa's electrification. “Power is critical for every single country in Africa and we are here to support all of them equally,” says Lascas. According to the APP, there are more than 600 million people in Africa without electricity. 

“We will be in soft launching until the end of 2018 and expect to gather 50 members during this period. It will allow us to fine tune and optimize our strategy. In 2019 we expect to go full power and register 100 members.” says Lascas.  

 

# # #

Picture 1: African Power Platform logo

Picture 2: Jorge Lascas, African Power Platform Founder & CEO being interviewed.

    Download PDF >>

African Power Platform Stands the Best Source of Information for Power Sector Events in Africa

Some individuals and organizations are highly interested in gathering details about the events taking place in Africa related to the power sector. They can get comprehensive information from the African Power Platform.

Nairobi, Kenya (October 13, 2018) – Not just organizations, even some individuals wish to keep themselves updated about the special events taking place in the power sector in Africa. For those with this interest, they can get the best information from the African Power Platform.

The website of the African Power Platform has listed all the events that are going to take place in power sector in Africa, and it is constantly being updated.

It means that people interested in the energy sector in Africa can get the comprehensive list along with the detailing from this useful platform. In the month of August 2018, a Press Release was released by the African Power Platform (APP) stating the launch of the new initiative.

According to Jorge Lascas, Founder and CEO of the African Power Platform, “the initiative is to associate government and private stakeholders of the African Power Sector by creating a network platform, where they can associate with ease.  With this initiative, the African Power Platform has been providing comprehensive information about the power sector in Africa”.

About African Power Platform:

Founded by Jorge Lascas, the African Power Platform aims to connect private and government stakeholders in Africa’s power sector. The platform helps circulate and propagate tenders, intelligence and business opportunities to its members. Developers, power producers, ministries, utilities, regulators, financiers, and other like-minded individuals can join APP to share possible solutions and ideas on how to solve Africa’s lack of electricity

# # #

    Download PDF >>

African Power Platform Launches Comprehensive Library of Energy Information

With the APP library, individuals can learn about conventional methods of producing energy, renewables, microgrids, solar home systems, and how those methods and strategies might be combined to best serve the unique and increasing power needs in each of Africa’s countries.

Nairobi, Kenya (October 29, 2018) – Jorge Lascas, founder and managing director of the African Power Platform (APP), announced that stakeholders and other interested parties can now access the APP’s extensive library of articles, studies and relevant documentation about all aspects of the power sector in Africa.

An estimated 600 million people don’t have access to electric energy and even for those that do, power is often unreliable. Electricity is an essential service that enables businesses to be more productive, children to be educated, and improve the lifestyle of every individual. It also allows for the free exchange of ideas and innovations that can lead to unprecedented breakthroughs.

The launch and availability of the APP library, counting with over 300 reports, articles and studies published, is vitally important to keep people informed and can be a launching point for new ideas, resources and solutions. Individuals can learn about conventional methods of producing energy, renewables, microgrids, solar power, and how those methods and strategies might be combined to best serve the unique and increasing power needs in each of Africa’s countries.

Africa is home to a variety of different landscapes, and visitors to the online library will have the opportunity to learn about the challenges and opportunities of developing infrastructure in those areas. Individuals also have access to special events, webinars and awards. The APP library also features interviews and explores various energy sources that include fossil fuels and hydropower, and the challenges inherent in utility digitization.

Through the comprehensive library of the African Power Platform, individuals can learn about grants, renewable energy laws, pilot programs, and techniques that have worked in other countries that have the potential to be deployed in Africa. Materials in the APP library address power challenges within all areas of Africa.

The APP library is a unique opportunity to learn about the difficulties, opportunities and innovations available that can benefit the people of Africa. Electric power is an essential element for business growth, education, and the development of strong infrastructure and empowerment in multiple sectors.

About African Power Platform:

Founded by Jorge Lascas, the African Power Platform aims to connect private and government stakeholders in Africa’s power sector. The platform helps circulate and propagate tenders, intelligence and business opportunities to its members. Developers, power producers, ministries, utilities, regulators, financiers, and other like-minded individuals can join APP to share possible solutions and ideas on how to solve Africa’s lack of electricity.

# # #

    Download PDF >>

African Trade Insurance Agency joins the African Power Platform

The African Trade Insurance Agency (ATI) is the most recent member of the African Power Platform (APP).

Nairobi, Kenya (November 8, 2018) – An estimated 600 million people don’t have access to electric energy and even for those that do, power is often unreliable. With the limitations most African governments have on issuing sovereign guarantees, the lenders look for alternative ways of de-risking their investments in infrastructures in Africa. Access to green, affordable and reliable electricity is on all the governments and donors’ agendas.

“The APP is proud on having ATI as a member and appreciates its key role on supporting the development of the power sector in Africa” said APP Founder and Chief Executive Officer Jorge Lascas. “APP members cover all the value chain of the power sector and ATI’s role is of major importance by providing an alternative form of guarantee to the power projects. The APP is therefore totally supportive of ATI’s initiatives and will have an active voice on spreading the word”, Jorge added.

“ATI supports governments, IPPs and others working in Africa’s energy sector to find solutions that will reduce an energy deficit, which is preventing the continent from reaching its full potential. Our membership in APP is well-aligned to this focus – by bringing more attention to the sector, we can attract more resources for cleaner energy solutions and access for all in Africa” added George Otieno, ATI’s Chief Executive Officer.

About African Trade Insurance Agency:

ATI was founded in 2001 by African States to cover trade and investment risks in its African member countries including the risks of sovereign and corporate non-payment and contractual breach. 

ATI has also developed several energy sector initiatives designed to provide practical insurance solutions for projects in Africa.  One such facility is the Regional Liquidity Support Facility (RLSF) created in partnership with KfW. This tool helps IPPs developing small-scale renewable energy projects in Africa to obtain the short-term liquidity they need in the event that an off-taker delays payment. 

The second facility is the African Energy Guarantee Facility (AEGF). To address the insurance gap, ATI entered in to a risk-sharing partnership with Munich Re and the European Investment Bank (EIB), with the aim of providing significant long-term investment insurance for African sustainable energy projects. The facility is expected to mobilise significant private financing in the form of debt and equity from banks and developers that are currently constrained to participate in the African energy sector. Products offered under AEGF include insurance against sovereign or sub-sovereign non-payment and traditional political risk insurance perils like expropriation or currency inconvertibility.

As of YE 2017, ATI has supported USD35 billion in trade and investments across Africa in multiple sectors.   Since 2008, ATI has maintained an ‘A’ rating for Financial Strength and Counterparty Credit by Standard & Poor’s. ATI has 23 shareholders, including 14 African countries and nine institutional shareholders.

www.ati-aca.org

 

About African Power Platform:

The African Power Platform aims to connect private and government stakeholders in Africa’s power sector. The platform helps circulate and propagate tenders, intelligence and business opportunities to its members. Developers, power producers, ministries, utilities, regulators, financiers, and other like-minded individuals can join APP to share possible solutions and ideas on how to solve Africa’s lack of electricity.

www.africanpowerplatform.org

# # #

    Download PDF >>

 

The new Fund launched by the group will boost education, health and community projects in Kenya, Tanzania, Mozambique and Malawi, impacting the lives of 55,000 people.

EDP will support six sustainable and clean energy projects in East Africa through the A2E (Access to Energy) CSR Fund. In this first phase, 450 thousand euros will be applied to promote access to energy in remote rural areas without connection to the electricity grid, aiming to alleviate energy poverty in developing countries. These initiatives will impact 55 thousand people, of whom ten thousand will be impacted directly.

In total, 108 entities from around the world applied for the first edition of the Fund oriented for projects in Mozambique, Kenya, Tanzania and Malawi. The selected institutions, according to criteria such as social impact, partnerships, sustainability, potential for expansion and number of beneficiaries, work in the areas of education, health, water and agriculture, business and community, each one received financial support ranging from 25 thousand to 100 thousand euros and committing to implement their projects by the beginning of next year.

In Kenya, the Co-operative Bank Foundation and SAVIC Africa were selected. In Mozambique, support was given to UN-Habitat and Girl MOVE. In Malawi, the Energía Sin Fronteras Foundation was chosen and, in Tanzania, the Sustainable Investment and Development Initiative.

"This initiative reinforces once again EDP group's commitment to contributing to a more sustainable society, giving priority to the mitigation of electrical exclusion that still affects more than one billion people worldwide. Access to energy has the potential to play a revolutionary role in emerging countries, being an essential tool for a society to foster opportunities and equality", says António Mexia, president of EDP.

In addition to supporting social responsibility activities through this Fund, which has a global allocation of EUR 1 million and is expected to launch the second edition by the end of this year, EDP Group's A2E strategy also foresees the investment of EUR 12 million over the next three years in companies with sustainable solutions for universal access to energy. This bet was already materialized in 2018, with the first investment in the sector: the acquisition of a stake in SolarWorks!, a company with operations in Mozambique and that is dedicated to the commercialization of decentralized solar energy solutions.

 

Information on supported projects

The Co-operative Bank Foundation will install solar greenhouses with power of up to 100 kWp in irrigation systems in 12 schools in Kenya to ensure that there will be adequate supply of food throughout the year. In addition to access to energy for 6,000 people, the crops will be used to meet the nutritional needs of students, while the surplus will be sold in local markets enhancing agribusiness skills of students.

SAVIC Africa's OKAPI Green Energy project will build a 12 kWp photovoltaic mini-grid at Kakuma Refugee Camp in Kenya, with smart metering technology to provide electricity to 150 homes and 50 commercial clients, totaling 800 direct beneficiaries and 18,000 indirect ones. The goal is to improve access to health, education, income generation and entrepreneurship training.

The Girl MOVE Academy's "Energy for a Better Future" program will create a 30 kWp solar energy plant for ECOCampus and the institution's IT center in Mozambique, with the aim of increasing the number of training hours and contributing to the development of a new generation of female leaders.

UN-Habitat will build solar energy systems to supply 12 classrooms at two schools affected by natural disasters in Mozambique. In addition to promoting access to education for 1300 people, the initiative also covers the installation of emergency alert systems, internet access and charging stations, which could generate revenue for schools.

Energía Sin Fronteras Foundation will offer 25.9kWp photovoltaic panels to provide electricity for each of the five buildings at St. Mary's Rehabilitation Center in Malawi will be able to provide 24-hour medical care and clean water to 130 orphans with HIV as well as for outpatient and educational care for other children and for the elderly in the community. The project will impact a total of 2,800 people.

The Sustainable Investments and Development Initiatives (SIDI) will also allow 1500 fishermen and commercial and public facilities to access energy through a 10 kWp photovoltaic mini-network that will enable the generation, storage and distribution of power to a remote island in Tanzania, aiming to reduce poverty and to increase the annual income of this fishing community by 50%.

 

 

5th April 2019: GridX Africa Development, in association with Solar Africa, has completed a state-of-the-art solar-battery system at Singita Faru Faru Lodge, in the western corridor of the Serengeti, Tanzania. The new energy system replaces existing diesel generation, with 90% of power to the lodge now sourced from renewables. The solar-battery project is the first of its kind in Tanzania and the first Tesla battery commissioned in Tanzania. 

Solar Africa provided upfront financing and the system is being managed by GridX Africa and Solar Africa as part of a holistic operations and maintenance program. The system is entirely off-grid and provides a reliable 24/7 power solution for Faru Faru’s operations. 

The installation comprises 189 kWp of ground-mounted solar PV integrated with 174 kW / 522 kWh Tesla PowerPack. Tesla’s battery system in this project is a prime example of how battery technology can be combined with renewable power generation to provide a long-term energy security solution at an economically viable cost. 

Chalker Kansteiner, founder of GridX Africa, said: “GridX Africa is very pleased to have led the development of the Faru Faru project - providing a positive outcome for our client, the environment, and the commercial and industrial power industry in the region.” 

Faru Faru’s solar-battery system displaces over 100,000 litres of diesel each year, reducing annual diesel power generation costs through decreased fuel consumption, logistics, and generator maintenance cost savings. The completion of this system highlights the complete alignment between conservation, tourism, and renewable energy, based on all parties’ shared vision for sustainable outcomes. 

The solution provided by GridX Africa supports Singita’s commitment to sustainability and reinforces its position as a leading conservation brand.  Singita’s single-minded 100-year purpose is to protect and preserve large areas of African wilderness for future generations. 

Luke Bailes, CEO and Founder of Singita, said: “Sustainability – operating in an environmentally conscious way at every level of the business – is a key component of conservation success, alongside maintaining the integrity of our reserves and their ecosystems, and working with local communities. The health and survival of each of these is crucial to the survival of the whole.” 

GridX Africa develops, finances and operates solar projects throughout sub-Saharan Africa, with more than five additional projects expected to be completed during 2019 for clients in a range of sectors. .

ABOUT GRIDX AFRICA:

GridX Africa’s mission is to implement sustainable power systems that address Africa’s unmet energy demands, helping to unlock the continent’s potential by providing African companies with reliable and economically efficient power alternatives. Utilising new approaches to power supply issues and marrying development, conservation and business are key to the work of GridX, contributing to solving energy and environmental issues not only in Africa, but across the world.

GridX Africa also aims to have a positive impact on local communities and the environment, for example through skill transfer programs, catalysing investment and job creation.

www.GridXAfrica.com

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  • The Government of Madagascar is aiming to double the country’s electricity production by the year 2030 and to increase the electrification rate from the current 15% to 50%. The additional power should come mainly from renewable energy sources.
  • The RLSF will play a vital role by bringing the public and private sectors together to boost the success rate of more renewable energy projects in Madagascar
  • The RLSF will not only protect Independent Power Producers (IPPs) in Madagascar against the risk of delayed payments by the public off-taker, the National Water and Electricity Company of Madagascar - JIRAMA, but will also increase the success rate of renewable energy projects as it will help reduce the cost of project financing.

 

ANTANARIVO, 15 April 2019 – At a signing ceremony held today, the Government of Madagascar and the African Trade Insurance Agency (ATI) signed an agreement that allows Independent Power Producers (IPPs) in the country to now access the Regional Liquidity Support Facility (RLSF). With the help of the Facility, the Government of Madagascar is hoping to develop its renewable energy sector.

RLSF is a joint initiative of ATI, and KfW with funding from the German Federal Ministry for Economic Cooperation and Development (BMZ) with initial capacity of USD 63.2 million. Under the program, RLSF provides insurance protection to new small and mid-sized renewable energy projects (up to 50 MW and possibly 100 MW under exceptional circumstances) in Sub-Saharan Africa. RLSF focuses on small and mid-sized projects because they are widely seen as a more efficient way to rapidly increase energy access across Africa due to their ease of implementation and cost effectiveness.

RLSF will protect the IPPs in Madagascar against the risk of delayed payments by the public off-taker, the National Water and Electricity Company of Madagascar - JIRAMA. This type of guarantee is a common requirement from lenders that fund projects. Many renewable energy projects have failed to access funding and in turn reach financial close because this type of guarantee was not available. RLSF hopes to change this by providing the required guarantee in cooperation with the Letter of Credit issuing bank, ABSA Bank Ltd for an amount equivalent of 3 to 6 months’ worth of the IPP’s revenue generated from the power plant. This arrangement removes the financial burden from national utilities, such as JIRAMA, that are often asked to provide such liquidity protection.

Madagascar becomes the 6th country to sign onto RLSF joining Benin, Burundi, Malawi, Uganda and Zambia. RLSF was launched in 2017 as part of a global push, led by the UN’s Sustainable Energy for All initiative, to create viable green energy solutions in order to reduce harmful carbon emissions.

 

QUOTE from Hon. Vonjy Andriamanga, Minister of Water, Energy and Petroleum, Madagascar

“Specifically, the government plans to increase access rates and to fully exploit its renewable energy potential by targeting hydro, solar, wind and biomass resources. For instance, the northern and southern regions of the country have a potential renewable energy capacity of about 7,800 MW for electricity production of which only 2% of it is currently utilized. RLSF is an important tool in supporting the development of energy projects that will help the government achieve its strategic objectives in line with the Energy Performance Contract. Under this Contract, the government aims to increase the national electrification rate to 50% by 2030 largely thanks to renewable energy sources.”

 

QUOTE from His Excellency, Herald Gehrig, German Ambassador to Madagascar

“In line with the development cooperation program “Sustainable Power Supply”, GIZ and KfW are working together to reduce such challenges. The Technical Cooperation focuses on the improvement of framework conditions for investments in renewable energy so as to attract investors while the Financial Cooperation compliments the private sector capital with grant funding. This hedging of investment risks through RLSF, thanks to our partnership with ATI, offers a valuable solution for Malagasy IPPs. Further, through the PERER Project (Promotion of Rural Electrification through Renewable Energy), GIZ will support the Ministry of Finance with a financing contract of 3.9 million Euros to supplement the funds raised. This is an additional solution to help mitigate risks of renewable energy projects.”

 

QUOTE from Toavina Ramamonjiarisoa, Chief Financial Officer, ATI

“We are hopeful of opening up great opportunities for the private sector by offering such instruments to circumvent financing hurdles and thus mobilize capital in the renewable energy sector. This partnership with the Government of Madagascar through the RLSF perfectly illustrates our mandate – to help our member countries create an enabling environment for investors by supporting their strategic development objectives. In this specific case, these government objectives include among other things, the increase of the national electrification rate, the energy transition towards renewable energy sources and the strengthening of the public-private partnership. We also hope that this important step is only the beginning of cooperation between Madagascar and ATI that we wish to extend to other strategic sectors of the country.”

 

*********

Press Contact:

Ekira Nyaga

This email address is being protected from spambots. You need JavaScript enabled to view it.

Mob. +254 719 014 259

Press release 2019/15/04/Antanarivo

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Note to Editors:

 

About KfW

KfW is one of the world´s leading and most experienced promotional banks. Established in 1948 as a public law institution, KfW is 80 per cent owned by the Federal Republic of Germany and 20 per cent by the federal states (“Länder”).

KfW Development Bank is Germany’s leading development bank and an integral part of KfW. It carries out Germany´s Financial Cooperation (FC) with developing countries on behalf of the Federal Government. The 600 personnel at headquarters and 370 specialists in its 68 local offices cooperate with partners all over the world. Its goal is to combat poverty, secure the peace, protect the environment and the climate and make globalisation fair. KfW is a competent and strategic advisor on current development issues.

www.kfw-entwicklungsbank.de

 

About The African Trade Insurance Agency

ATI was founded in 2001 by African States to cover the trade and investment risks of companies doing business in Africa. ATI provides Political Risk, Surety Bonds, Credit Insurance and Political Violence and Terrorism & Sabotage cover. As of YE 2017, ATI has supported USD35 billion in trade and investments across Africa in sectors such as agribusiness, energy, exports, housing, infrastructure manufacturing, mining and telecommunications. Since 2008, ATI has maintained an ‘A/Stable’ rating for Financial Strength and Counterparty Credit by Standard & Poor’s.

www.ati-aca.org 

 

 RECOM expands solar operations in France, moves headquarters to Lannion

Lannion/France - RECOM, Europe’s largest solar manufacturer, reinforces commitment to the growing French market by increasing manufacturing capacities and investments. Hamlet Tunyan, founder and CEO of RECOM, says: “We’re happy to contribute to France’s goal to become Europe’s leader in solar power. “France is supporting solar deployment, manufacturing, and R&D in an exemplary way. The combination of ambitious targets and strict requirements on sustainability and technology are all strong motivators for us to invest in the country ".

RECOM already has a substantial presence in France. In 2017, RECOM acquired the PV module manufacturing facility SILLIA in Lannion, Brittany (currently RECOM-SILLIA) and is about to increase the facility’s capacity from 50 to 300 MW. RECOM modules produced in France meet French specifications for exceptionally low carbon footprint.

RECOM also aims to develop 1GW solar projects in France alone over the next few years. Late last year, RECOM-SILLIA was awarded, through tenders, a cumulative 150 MW projects throughout France, 45 MW of which is already under construction and will be completed mid-2019.

Additionally, RECOM has now decided to move its headquarters to Lannion, France.

RECOM runs manufacturing activities in several countries and sales offices in Europe, the Americas, Asia, and EMEA regions. The company is committed to make clean energy the source for all electricity, mobility and smart infrastructure of the future. RECOM manufactures in Europe and cooperates with manufacturers around the world to achieve cutting edge quality solar modules to satisfy the needs of our customers. All RECOM PV modules have long term warranties. The founding motto of RECOM, the REnewable Energy COMpany is: " It’s our generation that can change the world.".

 

13th May 2019 / Amsterdam, the Netherlands

AMMP Technologies B.V., the pioneer in operational software solutions for off-grid energy in emerging markets, recently secured a funding round from a consortium of angel investors. This funding will enable the company to further accelerate growth in Sub-Saharan Africa and beyond.

As Dr. Svet Bajlekov, co-founder and CEO puts it: "We’ve seen first-hand how connectivity and access to data-enabled services can really power growth in off-grid energy. At AMMP we work with one of the most comprehensive data sets in the sector, and can see this adding value not just in technical operations but across the value chain. We are excited to be at the forefront of the energy transition in some of the world’s most dynamic markets!”

AMMP Technologies works with off-grid energy companies to help advance their operational and commercial objectives. As a basis, AMMP enables clients to streamline their technical operations and reduce the costs of working in challenging and remote environments. In addition, the solution enables innovative business models in the fast-growing energy service space.

The team behind AMMP builds on a rich set of experiences in the off-grid sector. The founding team began their work together at Rafiki Power, a former E.ON company, deploying and operating mini-grids for rural electrification in Africa. Having experienced first-hand the challenges of operating off-grid energy systems in remote environments, they saw huge potential value in bringing together operational data across multiple vendors, technologies, and locations onto a unified platform.

In Q3 of 2018 AMMP Technologies entered Rockstart’s Smart Energy accelerator program in the Netherlands, and soon after E.ON’s :agile accelerator in Germany. Since then things have moved fast: AMMP is now running over 200 renewable off-grid systems across five continents, with sustained double-digit month-on-month growth.

The new investor team brings on board highly distinguished expertise in smart energy, utilities, telecom, scaling start-ups, and emerging markets. One of the investors, Peter Molengraaf, former CEO of the Dutch distribution grid operator Alliander, summarizes his reasoning: “A few years ago I met the late Kofi Annan, and got a question from him: ‘To how many people, that do not have regular access to electricity, did you bring electricity last year?’ At that time I didn’t have a good answer. Today, I can see how this investment will help enable off-grid electrification in many parts of the world. AMMP are tackling a core aspect of the sector’s challenges, with a team that’s been in the trenches”.

 

AMMP Technologies B.V.: AMMP is a vendor-agnostic operations solution for portfolios of offgrid, mini-grid, and grid-edge energy assets. AMMP enables data-driven operational excellence and novel business models in the energy space, with a focus on emerging markets.

 

Absolute Energy together with EnDev Rwanda celebrates the official launch of a hybrid mini-grid in Gatsibo district

Rwanda, May 16 2019 – Absolute Energy (AE) with the support of EnDev Rwanda, implemented by GIZ, celebrated the official launch of their 50kW solar PV and storage hybrid mini-grid in Rutenderi Village, Gatsibo district, Rwanda.

The walking tour and ribbon cutting ceremony in the mini-grid site marked the beginning of the official commissioning. It was followed by a walking tour where participants had the chance to see the installation and chat with some of the beneficiaries. Representatives from AE, EnDev Rwanda, Urwego Bank as well as local authorities gave speeches explaining their role in the design and implementation of the solar hybrid mini-grid. The governor of Eastern Province Mr. Fred Mufulukye attended as the guest of honor to the launch.

The 50kW mini-grid in Rutenderi was completed by AE in December 2018 and started running in January this year. This mini-grid has successfully connected 457 households, 36 businesses and 7 social institutions, following a holistic approach that integrates electrification with other rural development projects that stimulate demand and business incubation, ensuring the long-term sustainability of the project.

 

Rural electrification that helps boost entrepreneurship

During welcome remarks, AE CEO Alberto Pisanti declared: “our mission is to deliver productive energy to empower sustainable development […] If we do not ensure that the energy we deliver is used to increase productivity, to put our customers on a path to prosperity and improve their lives, we are missing the real opportunity here: the positive transformation of our customer base, our community”.

EnDev Rwanda Country Manager Phillippe Lempp, stated: “we are very happy to support Absolute Energy in the official commissioning of the Rutenderi minigrid. It is precisely this kind of project that bring up life prospects to families who need it the most, that motivate us to work every day […] I also want to take the opportunity to highlight the key role played by DFID, who is the main donor of the Results-Based Financing Facility in Rwanda”.

EnDev has technically and financially supported this project through its Results-Based Financing (RBF) Village Grid project. The RBF is an incentive payment scheme that supports private sector market actors in the low-carbon off-grid energy sector in developing countries.

The Government of Rwanda (GoR) aims to provide universal electricity access to all Rwandan households by 2024, but the investment requirements to meet this goal are enormous. To overcome this hurdle, the GoR together with development partners and the private sector are working towards increasing both grid and off-grid electrification efforts.

 

About the developer

Absolute Energy is an independent investment platform fully dedicated to renewable energies, with an aggregate track record of over 3 GW developed in different renewable energy technologies (solar PV, CSP, wind, biomass and hydro) throughout Europe. Since 2013, the company has established a presence in Africa, with two hybrid solar mini-grids in Kitobo and Bukasa islands in Lake Victoria, Uganda, and two in Rwanda, in Rutenderi and Gatoki, and continues to explore other opportunities across the continent. AE believes that technological advances and the modularity of the solar technology are making de-centralised models the most sensible alternative today, allowing electrification at a faster pace and at a fraction of the cost of a grid extension.

 

London, U.K., July 15, 2019 — JinkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it was recognized for augmenting solar PV efficiency in a cost-effective manner with the Frost & Sullivan 2019 Global Solar PV Technology Leadership Award.

After extensive analysis of the global solar PV market, Frost & Sullivan recognized JinkoSolar for its leadership in developing and leveraging solar technologies that offer significant customer value.

"JinkoSolar’s unwavering focus on technology and innovation has propelled it to the top of the global market," said Mr. Gautham Gnanajothi, Global Research Director of Frost & Sullivan. "It launched the solar industry’s first 158.75 big wafer which is embedded into its flagship Cheetah series that are up to 410 watt. Today, Cheetah modules are broadly being applied to utility, commercial and residential segments all across the world. JinkoSolar’s technologies have helped facilitate the transition for developers and investors from a focus on price towards performance. The size of the 158.75 big wafer has now become the new industry benchmark and is setting the standards for the future. This award is in recognition of JinkoSolar’s capabilities to develop and commercialize advanced technologies that serve as a cornerstone for establishing industry standards.”

“JinkoSolar clearly understands the high-standards global customers require thanks to its expansive global presence. JinkoSolar is poised to lead the industry into the next-generation of solar PV technology. Its Cheetah product portfolio, commitment to sustained innovation, and track record of successful commercialization of new technologies present a strong case to establish it as a vendor of choice in the post-subsidy era.”

“We are extremely honored to have been recognized with this prestigious award by Frost & Sullivan,” commented Mr. Kangping Chen, CEO of JinkoSolar. “Leveraging the extensive experience we have acquired through our global operations, we have developed significant competitive advantages and the ability to rapidly commercialize new products. We are ideally positioned for the post-subsidy era where investors and developers are shifting their focus towards high-performance technologies that make every dollar invested count rather than relying on subsidies.”

 

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, collaborates with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that could make or break today's market participants. For more than 50 years, Frost & Sullivan has been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. 

 

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 10.5 GW for silicon wafers, 7.0 GW for solar cells, and 11.0 GW for solar modules, as of March 31, 2019.

JinkoSolar has over 13,500 employees across its 7 productions facilities globally, 15 oversea subsidiaries in Japan, Korea, Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia and United Arab Emirates, and global sales teams in China, United Kingdom, France, Netherlands, Spain, Bulgaria, Greece, Romania, Ukraine, Jordan, Saudi Arabia, Tunisia, Egypt, Morocco, Nigeria, Kenya, South Africa, Costa Rica, Colombia, Panama and Argentina.

To find out more, please see: www.jinkosolar.com

 

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

 

For investor and media inquiries, please contact:

In China:

Ms. Ripple Zhang

JinkoSolar Holding Co., Ltd.

Tel: +86 21-5183 3105

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Lome, Togo 18th July 2019 – The Third Regional Off-Grid Electrification Project (ROGEP) has opened in the Togolese capital Lome. The theme of the convergence is ‘Strengthening Partnership for an Accelerated deployment of Standalone Solar Systems in West Africa and the Sahel’.  The conference marks the launch of the implementation phase of ROGEP, which was approved by the World Bank on April 17, 2019.  The two-day forum brings together a diverse group of stakeholders in the energy sector from 19 project countries mainly from ECOWAS member states and the Sahel.

ROGEP is one of ECOWAS Community development projects designed to increase electricity access of households, businesses, and communities using modern stand-alone solar systems (such as solar lanterns, solar home systems, solar water pumps, solar mills, and solar sewing machines) through a harmonized regional approach, supported by the World Bank Group, Lighting Africa and the Clean Technology Fund, implemented by ECREEE and BOAD.

The statement by the Togolese Minister of Energy and Mines Marc Ably Bidamon at the opening ceremony was delivered on his behalf by his director of Energy, Dr. Tchapo Akassewa Singo.  Minister Bidamon underscored the importance of energy security in member countries noting that provision of energy services will help to spur sustainable development, growth as well as job creation.  He therefore urged participants to take the conference seriously and come up with workable recommendations for effective implementation phase.

In her statement, the Resident Representative of the World Bank in Togo, Ms. Hawa Wague pointed out that access to electricity is central to any development program and that the World Bank is committed to partner with ECREEE to successfully implement the ROGEP project.  This she said will help to make a big change in the lives of ordinary citizens in the countries covered by the project.

Also speaking on the occasion, the special adviser to the President of West African Development Bank (BOAD), Christophe Agueggy informed participants that the ROGEP project will promote renewable energy in areas not covered by the national grid. Mr. Agueggy spoke about the importance of energy and the excellent partnership between BOAD, ECREEE and the World Bank, which he said will help to spur development in member countries.

Speaking earlier, the Executive Director of ECREEE, Mr. Mahama Kappiah reminded participants that the objective of ROGEP is to eradicate energy poverty through the development of a viable business ecosystem for the rapid deployment of standalone solar systems in the project countries. ECREEE boss disclosed that ROGEP also seeks to provide financial support to entrepreneurs in this line of business, and reduce risk to businesses that embark on these new technologies and business models.

Mr. Kappiah informed the meeting about some of the remarkable achievements of ROGEP since its landmark lunch in 2017 in Dakar, Senegal. Some of these included national stakeholder consultations in the project countries, two regional meetings during which common grounds for the implementation of the project were defined and adopted. He also said that in addition, a Market Assessment was conducted and regional standards for Solar Home Systems adopted by the ECOWAS Committee meetings held recently. Mr. Kappiah said that pilot projects are already underway in Niger and Nigeria to assess the potential of providing energy services to public institutions such as schools and hospitals.

The Executive Director thanked the World Bank and Clean Technology Fund for financing the initiative, which he said will help to address energy access deficit in the project countries. The project he said, will offer support to governments, standard bodies, the private sector, commercial and financial institutions and end users along the value chain to make this project a success. In what appears to be a frank and convincing statement Mr. Kappiah also informed development partners that ECREEE has the capacity and the team to take on more of such projects and therefore appealed for partnership to improve access to energy services in the ECOWAS region and the Sahel.

It would be recalled that ROGEP was launched to focus on supporting and developing viable business ecosystems in the project countries through a regional-level initiative. In a bid to develop a regional market, the project will identify policy barriers affecting the growth of the stand-alone solar market.  It will also create awareness within the government policymakers on the benefit of removing such policy barriers, as well as provide targeted support for barrier removal in challenging markets.   The project will also help the countries adopt the Common External Tariff (CET) to facilitate cross-border trade of stand-alone solar products.  It will also develop regional standards on quality assurance (QA) framework of stand-alone solar products to facilitate supply of eligible products across the 19 project countries. 

The project will endeavor to build human capital by providing training to develop adequate and required skills through a structured entrepreneurship development facility, which will ensure reliable service to the beneficiaries and will create employment opportunities at the local level.  It will provide access to finance to solar companies and to beneficiaries in this new line of business, and provide financial support to entrepreneurs; and reduce risk of promoting new technologies and business models.

The ultimate project beneficiaries will be the people currently living without access to electricity connection or living with unreliable electricity supply within the 19 ROGEP countries and the project has an ambitious target of providing electricity services to about 1.7 million people of which about half would be female.

 

RBrian Warshawsky, co-founder and current COO of Fenix to succeed the current CEO, Lyndsay Handler.

Jit Bhattacharya, CTO, and Chris Bagnall, Group Marketing Director, step down from the company with succession plans in place. New CFO appointed and Head of Credit position established alongside new Chief Commercial Officer, Junior Zerebela Kwebiiha, within executive team.

Fenix International, a company of ENGIE, offering solar home systems across Africa, has appointed co-founder and current COO Brian Warshawsky to the role of CEO to drive the next phase of the company’s ambitious growth plans. Warshawsky is succeeding Lyndsay Handler who has been with the company for 7 years and served as CEO since 2016. Warshawsky is well-placed to lead the company, having previously spent 5 years at Apple as part of the iPod Operations team before co-founding Fenix International in 2009. Having worked as COO with Fenix from inception, Brian has a deep understanding of the business from product design to manufacturing, country operations, distribution and last-mile customer experience.

Ivan Topalov, who previously served as Corporate Finance Director, has been promoted to Chief Financial Officer following the departure of the previous CFO, Josh Romisher, in June. The company has also appointed a new Head of Customer Credit, Alison Boess, reporting to the CEO.

Yoven Moorooven, CEO of ENGIE Africa, said, “Brian is a highly regarded leader with the right mix of skills and experience to lead this new chapter for Fenix as we continue to establish ourselves as the market leader across Africa. With commercial operations in Uganda, Zambia, Ivory Coast, Nigeria, Benin and Mozambique, Fenix is growing from strength to strength. Under Brian’s leadership I’m incredibly excited for the future of our decentralized energy offering in Africa.”

He continued, “I join everyone at ENGIE and the Fenix team in thanking Lyndsay, Jit and Chris for their many years of dedicated service and commitment to the Fenix mission. Under their leadership, Fenix transformed millions of lives across the continent and built an inspiring team that is driven to succeed.”

Brian Warshawsky, newly-appointed CEO, commented, “While it is difficult to say goodbye to such incredible colleagues and collaborators through so many years, I’m proud to be able to continue their legacy. On behalf of the Fenix team I would like to thank Jit for his technology leadership and the work he did to build Fenix Power, our next generation solar home system platform.  I would like to thank Chris for his commercial and marketing leadership as Fenix grew from a few customers in Uganda to 500,000 customers across 6 countries in Africa. And I would like to especially thank Lyndsay for leading Fenix through so many milestones, most recently the ENGIE acquisition and establishing Fenix as the strongest off-grid solar home system company in the industry.” 

He added, “Backed by a world class product, a world class team and with the full support of ENGIE, I am excited for what we will do to take our life-changing product to customers across the continent. We are now set for an exciting future as we continue our expansion across Africa and achieving universal energy access for all.” 

Lyndsay Handler added, “Building Fenix from 2011 to 2017 and accelerating our growth following the acquisition by ENGIE in 2018 has truly been an honour. Together, we have delivered clean, affordable energy to over 500,000 households or 2.5 million people in six countries across Africa.  I am especially proud of the way we built a passionate Fenix team based in Africa who are deeply committed to our mission, values, and customers.  Looking ahead, I am happy to pass the torch to our co-founder Brian and I am confident that the entire team will put the customer first in all that we do in Fenix’s next chapter.  I hope that Fenix will continue to create new products and drive forward innovation so that clean energy is affordable to all at the last mile.” 

 

About Fenix International

Fenix International’s mission is to transform customers’ quality of life through disruptive innovation in energy and financial services. Fenix has sold over 500,000 solar home systems, bringing clean, reliable power for lights, phones, radios, TVs and more to over 2 million people. Fenix is fully owned subsidiary of ENGIE, one of the world’s largest energy companies and a leader in the move to renewable, decentralised and digital energy. Already the market leader in Uganda and Zambia, Fenix has expanded into new markets – Benin, Côte d’Ivoire, Nigeria, Mozambique – and continues to work towards providing more affordable, inclusive, and income-generating products. Within ENGIE Africa, Fenix is making universal access to modern energy a reality. 

 

About ENGIE Africa

For over 50 years, ENGIE has been active in many African countries through its energy engineering business and more recently as an independent power producer in South Africa and Morocco with a total capacity of 3,000 MW either in operation or under construction. By 2025, ENGIE wants to be a reference partner in several African countries for power plants, energy services to businesses and decentralized solutions for off-grid customers – communities, companies and households. ENGIE already has more than 2.5 million customers with domestic solar installations and local microgrids,and aims to become one of the viable leaders on the continent’s off-grid service market. For more information, go to www.engie-africa.com. 

 

About ENGIE

Our group is a global reference in low-carbon energy and services. In response to the urgency of climate change, our ambition is to become the world leader in the zero carbon transition “as a service” for our customers, in particular global companies and local authorities. We rely on our key activities (renewable energy, gas, services) to offer competitive turnkey solutions. 

With our 160,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.

Turnover in 2018: 60.6 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).

 

Fenix press contact:

Allegra Fisher

This email address is being protected from spambots. You need JavaScript enabled to view it.

 

ENGIE CORPORATE HEADQUARTERS                                                                                                                             

Tour T1 – 1 place Samuel de Champlain – Faubourg de l’Arche – 92930 Paris La Défense cedex – France                                                 

Tel + 33(0)1 44 22 00 00

ENGIE SA WITH CAPITAL OF €2,435,285,011 – RCS NANTERRE 542 107 65.

 

REDAVIA, a global market leader of cost-effective, reliable and clean solar power for businesses and communities, has launched a crowdfunding initiative to fund 10 upcoming solar Units in partnership with Lendahand, an online impact investing platform where socially conscious investors can invest in entrepreneurs and sustainable initiatives in emerging countries.

 

The innovative REDAVIA pay-as-you-go system consists of a pre-configured Unit containing high-performance solar modules and high-quality electrical components. It is easy to ship, set up, scale and redeploy. REDAVIA's flexible lease agreements provide customers with a cost-effective, reliable, and clean energy solution and the operational adaptability to market changes.

To date, REDAVIA has installed 21 solar Units and contracted 25 further solar Units at diverse businesses in Ghana. With a €500,000 first funding tranche from Lendahand's crowdfunding platform, REDAVIA will pre-finance, procure, import, and install 10 more solar Units of 84 kWp each at commercial and industrial (C&I) customer sites in Ghana, impacting a total of 15,000 employees and other stakeholders. This is the first of up to 10 tranches that REDAVIA intends to raise on the Lendahand platform, totaling €5,000,000 over the coming years.

"Anytime there's a chance to contribute to true innovation in the solar sector in Africa, we get excited by the opportunity to enable our crowd to be a part of it,'' stated Tobias Grinwis, Head of Investments of Lendahand. ''The opportunity to support the pioneering work REDAVIA is doing to support businesses, create jobs and improve people's lives through their solar farms is something we're incredibly proud to be a part of."

"Access to affordable and clean energy in the commercial and industrial sector is paramount to the sustainable development of a country," stated Erwin Spolders, CEO and Founder of REDAVIA. "As REDAVIA continues to grow, we are excited to see support from crowdfunders who want to promote the social and environmental benefits of our work."

 

About Lendahand

Lendahand is the leading online impact investing platform from Europe where socially conscious investors can invest in entrepreneurs and sustainable initiatives that contribute to the SDGs in emerging countries. Lendahand aims to create a world-wide initiative through which people from all over the world can provide fair and transparent financial support to entrepreneurs in emerging countries. Lendahand will provide structurally sound propositions that will focus on lowering the interest rates presented to entrepreneurs. Find out more on https://www.lendahand.com/en-EU

 

About REDAVIA

REDAVIA offers solar power for businesses and communities in West and East Africa. The REDAVIA system is based on a pre-configured model, including high-performance solar modules and electrical components. It is easy to ship, set up, scale and redeploy. Businesses and communities benefit from a cost-effective, reliable, clean energy solution with minimal upfront investment or technical skills. Find out more on www.redaviasolar.com

 

Press Contacts:

REDAVIA

Gabriella Zeugin

+49-89-2426-8869

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Enexus Finance acted as the lead financial advisor, in collaboration with Clairfield International.

 

28 August 2019 – BBOXX, a next generation utility, has successfully closed a $50 million Series D funding round. The financial milestone includes a substantial investment from Mitsubishi Corporation, a global integrated business enterprise headquartered in Japan, which led the round. The cash injection will further enable BBOXX’s international expansion and fuel its mission to use technology to unlock potential and transform millions of lives worldwide. BBOXX has positively impacted nearly one million people to date through access to pay-as-you-go (PAYG) solar energy using mobile money. The company has installed 200,000 solar home systems (SHS) which are remotely monitored via BBOXX Pulse™. This digital platform harnesses Internet of Things technology and data to provide utilities at a large scale. BBOXX has replicated this model to provide clean cooking solutions using LPG with ambitions to deliver other utilities and products in new markets. The investment from Mitsubishi Corporation will help drive BBOXX’s growth across Africa, where it currently operates in 12 countries, as well as in Asia.

Mansoor Hamayun, CEO and Co-founder, BBOXX, said: “The funding is further evidence of Japanese interest in Africa and in PAYG solar energy globally. Mitsubishi Corporation’s extensive reach, sector specific and technological expertise will help us to reach more people without reliable access to modern utilities and services at even greater scale.We look forward to this next phase of growth that will help us to transform more lives, unlock potential and grow our already global footprint by opening up new markets and develop further our product range.”

Mitsubishi Corporation’s deep rooted sector experience will help power BBOXX’s innovation-led development. The Power Solution Group currently owns and operates about 6,100 MW of net generation capacity globally as of 30th June 2019 including wind, solar and other types of renewable energy. It is active in areas that help to combat climate change and secure sustainable supplies of energy to support a transition to a low carbon society. The participants in the Series D round are ENGIE Rassembleurs d’Energies, which promotes access to sustainable energy for all and is affiliated to ENGIE Group; Luxembourg-based pioneering impact investor, Bamboo Capital Partners; DOEN Participaties, a Dutch impact investment fund supporting sustainable and social startups; and MacKinnon, Bennett & Company (MKB), a Montreal-based growth equity firm focused on the clean energy, transportation, and smart city sectors.

Mr Hamayun added: “Our Series D round is made up of investors spanning three continents and is a testament to how the global community is embracing sustainability. BBOXX provides the technology and the scalability that makes us a tool for development and brings us closer to meeting the United Nation’s Sustainable Development Goals (SDGs).”

The investment follows a string of deals and strategic partnerships including the $31 million investment from Africa Infrastructure Investment Managers in January. Last year EDF, the world’s leading electricity company, became a joint shareholder in BBOXX Togo with a 50% stake.

Enexus Finance acted as the lead financial advisor, in collaboration with Clairfield International.

“We are proud to participate in this landmark transaction, which arguably represents one of the most significant investments in the (off-grid energy) industry in Africa in the last few years” said Julien Lefilleur, Managing Partner of Enexus Finance.

 

About BBOXX

BBOXX is a next generation utility, transforming lives and unlocking potential through the provision of affordable, reliable and clean energy and other modern utilities. BBOXX is enabling economic development in off-grid communities by creating new markets through the entry point of electricity. Energy provision brings people into the digital economy and creates demand in other areas including – gas, water, internet and finance – a demand which the company also seeks to meet. BBOXX’s products and appliances all operate on BBOXX Pulse™ – a comprehensive management platform which harnesses data, pioneering technology and machine-learning, enhancing the customer experience. BBOXX is scaling rapidly by forging strategic partnerships with investors, governments, telecommunications firms and energy majors.

So far, BBOXX has deployed close to 270,000 solar home systems, of which 200,000 are remotely monitored via BBOXX Pulse™, positively impacting the lives of nearly one million people. BBOXX has over 800 staff across nine offices including in Rwanda, Kenya, the Democratic Republic of Congo and Togo, with its head office in the UK and its manufacturing operations based in China. In January 2019, BBOXX was announced as the winner of the Zayed Sustainability Prize in the Energy category – testament to the way the company is making a meaningful difference to people’s lives around the world. You can find further information about BBOXX on its website at - http://www.bboxx.co.uk/

 

About Mitsubishi Corporation      

Mitsubishi Corporation is a global integrated business enterprise that develops and operates business across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business.

Mitsubishi Corporation has built a network to drive its next phase of major growth by constantly enhancing its ability to respond to change in tandem with fostering collaboration through the efficient and effective roles among Mitsubishi Corporation offices and subsidiaries, group companies and the head office.

Mitsubishi Corporation has a network of 171 overseas operations comprising 98 offices, 40 subsidiaries headquarters, and 33 branches all over the world to drive its next phase of major growth by constantly enhancing its ability to respond to change.

 

About Enexus Finance

Enexus Finance is a corporate finance firm specialized in middle-market transactions in Africa. Enexus Finance provides M&A and fundraising services to African and international companies willing to expand in Africa. Enexus Finance also advises financial investors, including private equity and debt funds, banks, institutional investors, family offices, international impact investors, and development finance institutions (DFIs). Enexus Finance operates from its offices in Paris and Abidjan – https://www.enexus-finance.com/.

 

About Clairfield International

Clairfield International is a partnership of leading corporate finance firms around the world, providing advisory services on middle-market transactions for large companies, private investors and private equity, public sector clients, and family businesses. Clairfield is headquartered in Europe with locations in every major region worldwide. Clairfield ranks as one of the top independent M&A advisors in the Thomson Reuters league tables.

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