Two pioneering players in Africa's fast-emerging, distributed solar energy industry are working together with the aim of funding off-grid, solar-storage microgrids across rural Kenya and Sub-Saharan Africa over the next five years. Backed with capital from Caterpillar Ventures, First Solar and the Leonardo di Caprio Foundation, Berkeley, … [Read more...]
Powerhive and Sun Exchange Aim to Invest $23M in Microgrids for Kenya & Sub-Saharan Africa
$1.5 Billion Microgrid Market Opportunity Emerges in Kenya
A confluence of innovation, risk taking, and public and private effort has created a five-year, $1.5 billion microgrid market opportunity in Kenya, leading Germany’s TFE Consulting to dub the East African nation, “The World's Microgrid Lab.” International startups are deploying innovative mobile 'pay as you go' (Pay-Go), home solar, and … [Read more...]
Remote Microgrids, Corruption, Celebrities and Other Quick Microgrid News
When it comes to electricity markets, small and remote is getting big. In fact, the worldwide value of remote microgrids and nanogrids is expected to grow from $10.9 billion in 2015 to $196.5 billion in 2024, according to a new report by Navigant Research. Navigant looked at the cumulative global value of assets and services related to … [Read more...]