New Energy Nexus’ Post

The Beyond the Grid Fund for Africa has signed two new agreements with Equatorial Power Ltd. and Koolboks in #Uganda to establish new mini-grids and scale up distribution of #solarpowered refrigerators in the country. In total, EUR 3 million will be provided in results-based financing from BGFA to the new investees. Access to electricity and off-grid refrigeration will allow small and medium-sized businesses in rural communities to establish new ventures to support economic development in these areas. With the financial support of BGFA, Koolboks plans to expand its business operations across Uganda and Equatorial Power Ltd. is planning to establish 10 mini-grids on islands in Lake Victoria, to service the surrounding rural communities. ➡ Read more: https://lnkd.in/egScD-7W #cleanenergy #offgridsolar #solarpower #minigrids #SMEs #cleancooling #sdg7 #subsaharanafrica Embassy of Sweden Sida Embassy of Denmark in Uganda Danish Ministry of Foreign Affairs Norad - Norwegian Agency for Development Cooperation KfW USAID Nefco - the Nordic Green Bank NIRAS International Consulting REEEP - Renewable Energy and Energy Efficiency Partnership

This initiative marks a significant collaboration between German cooperation, the EU, and Mozambique, aiming to advance renewable energy access in off-grid areas. It's commendable for its focus on private sector involvement and creating favorable conditions for investment, which can catalyze sustainable development while addressing energy poverty. The emphasis on stimulating competition and ensuring socio-economic impacts highlights a holistic approach towards energy access and community empowerment, aligning with Mozambique's goal of achieving universal energy access by 2030. https://lnkd.in/dJaNTZHw

🌍 Exploring the pivotal insights from Africa's Green Economy Summit: Private Sector poised to lead renewable energy initiatives, outpacing government constraints. Discover how collaboration and innovation are shaping the future of sustainable development in Africa.🌍 Read the full article from our host media partner ESI Africa here: https://lnkd.in/ddcmT6bz #GreenEconomy #RenewableEnergy #AfricaDevelopment

Thrilled to announce the publication of my latest article in The Guardian: 'Powering Progress: The Forces Fuelling Renewable Energy Adoption in Africa.' Explore how Africa's rich renewable energy resources are driving a monumental shift towards sustainability, with innovative projects in Tanzania and Zanzibar leading the charge. From decreasing costs to governmental initiatives, discover the dynamic landscape shaping Africa's energy future. Dive into the article here https://rb.gy/djis3b and join the conversation on catalyzing sustainable development. #RenewableEnergy #Africa #Sustainability"

Take a min to discover the dynamic shifts, innovative strategies, and transformative potentials driving Africa towards a sustainable future. Explore how Africa's rich renewable energy resources are driving a monumental shift towards sustainability, with innovative projects in Tanzania and Zanzibar leading the charge. Read the article below to stay ahead in the renewable energy revolution. Article written by our Head of Energy | Mining | Oil & Gas, Ruwaida Manji. #rivenco #lifeatrive #renewableenergy #sustainableafrica

I've been closely monitoring South Africa's energy landscape, and recent developments have caught my attention. The appointment of Kgosientsho Ramokgopa as the new Minister of Electricity and Energy marks a pivotal moment in the country's energy policy. Ramokgopa's pledge to be "ultra-aggressive" in rolling out renewable energy indicates a significant shift from previous administrations. This change couldn't come at a more critical time. South Africa, currently among the world's top 15 greenhouse gas emitters, has struggled with persistent power cuts that have hampered economic growth. The minister's commitment to large-scale "mega-bid windows" for renewable projects presents an unprecedented opportunity. With its abundant solar and wind resources, South Africa is poised to become a leader in renewable energy on the African continent. This shift isn't just about energy - it's about economic transformation. The focus on increasing local participation in renewable projects could spark a new era of industrialisation and job creation. It's a chance to build a more resilient, sustainable economy. However, challenges remain. The minister acknowledges issues with municipal infrastructure and grid capacity that need addressing. These hurdles present opportunities for innovative solutions and investments in modernising the nation's energy infrastructure. At Grovest, we see immense potential in this new direction. Our work with Twelve B aligns perfectly with South Africa's renewed focus on green energy. We're committed to supporting this transition, bringing our expertise and resources to help realise the country's renewable energy ambitions. The coming years will be crucial. As South Africa navigates this energy transition, it will need partners who understand both the local context and global best practices. I believe we're witnessing the beginning of a new chapter in South Africa's energy story. It's a narrative of innovation, sustainability, and economic growth. For investors and businesses alike, this presents an opportunity to be part of a transformative journey. South Africa's commitment to renewable energy isn't just a national issue - it's a global one. And it's a story we at Grovest are proud to be part of. #RenewableEnergy #SouthAfrica #SustainableInvestment #EnergyTransition #12B #Grovest #PioneeringOpportunities #TwelveB #Section12B #GreenEnergy

Harnessing the Sun: Renewable Energy's Bright Impact in South Africa South Africa is embracing a sunlit path to sustainability, with the growth of renewable energy installations, like solar farms, making an illuminating impact. These green solutions are not just reducing the carbon footprint but are also driving economic growth and creating job opportunities. As these renewable installations flourish across the country, they symbolize our commitment to environmental stewardship and our pursuit of innovation. This is more than just a trend; it's a transition to a cleaner, more sustainable energy future for South Africa. #RenewableEnergy #SolarPower #SustainableDevelopment #GreenEconomy #SouthAfrica

“It’s getting harder, not easier, to achieve universal energy access.” This was one of the takeaways from the Acumen Energy Summit held in Kampala, Uganda in May 2023. Explore 8 more insights from the event.

DAY 7🍃: A STORY OF A LOCAL INITIATIVE THAT PROMOTES RENEWABLE ENERGY OR ENERGY EFFICIENCY. "Solar-Powered Bamenda: Empowering a Cameroon Town" In Bamenda, Cameroon, a local initiative, "Bamenda Solar Project," was launched to promote renewable energy and energy efficiency. The project aimed to reduce reliance on fossil fuels, mitigate climate change, and enhance energy access. Initiative: - Installed 500 solar home systems, providing clean energy for households and businesses - Implemented energy-efficient LED lighting in public spaces, reducing energy consumption by 70% - Trained 20 local youth in solar installation and maintenance, creating green jobs - Established a community-led energy cooperative to manage and maintain solar systems Impact: - 1,500 people now have access to clean energy - 30% reduction in fossil fuel consumption - 25% increase in energy efficiency - Creation of 10 green jobs for local youth "The Bamenda Solar Project has transformed our town. We have reliable energy, reduced energy costs, and a cleaner environment. We're proud to be part of the global movement towards sustainable development." - Pearly Kusona, project coordinator. #GETINGO #WBG #31DaysofSustainabilityAdvocate #SDGs #SustainableDevelopment #GlobalGoals #UNGoals This story highlights a local initiative in Cameroon promoting renewable energy and energy efficiency, contributing to the achievement of the UN's Sustainable Development Goals (SDGs) and global efforts towards a sustainable future.

We’re excited to share the video from the recently concluded 97th Power Dialogue by The Electricity Hub, where our Country Director, Olu, Aruike Olu, took the stage as a distinguished panelist emphasizing the urgency of addressing the millions of Nigerians still without access to the grid. He highlighted how bringing power to communities—often before healthcare, road networks, or internet—can ignite profound transformations. As the operator of the largest fleet of mini-grids in the country, Husk Power Systems is at the forefront of this change, but there’s still much work to be done. Olu also pointed out the importance of strong policies and regulations as the bedrock of progress, drawing on lessons from Bihar, India, where successful strategies were implemented as far back as 2016. While catalytic capital like grants is essential, it is clear that these funds alone won’t be enough. The focus now must be on scaling up efforts and accelerating the pace of electrification across Nigeria. Catch the full discussion and explore the innovative ideas shaping Nigeria’s rural electrification journey: https://lnkd.in/gtKe7Z2i #PowerDialogue #RuralElectrification #SustainableEnergy #RenewableEnergy #NigeriaEnergy #EnergyAccess #RenewableSolutions #EnergyForAll #CleanEnergy