Microgrid Investment Less Risky than Grid Projects for Africa: Report

Microgrid projects could play a major role bolstering the electric grid in Africa, which needs roughly $1 trillion in investments, according to a white paper by researchers at Boston University. The power system in sub-Saharan Africa is generally poorly developed and its quality ranges widely from country to country, and even within countries, … [Read more...]

Investors Call for Results Based Financing of Minigrids in Africa

Minigrids can help Africa achieve universal electrification, but not without better financing, said a group of energy investors in a paper released today. With $2 billion under management and more than 100 minigrids built or in the works, the investors offered to match contributions from government or other donors. They called for funding in … [Read more...]