Market News
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Kenya Aims to Catch Up to Developed Countries in the Green Energy Revolution at Cop29 in Baku
Posted on :Monday , 2nd December 2024
Solar energy has been used since the 17th century, when photovoltaics (PV), a technology that uses semiconducting materials to turn sunlight into electricity, was first developed. Despite continuous discussion regarding the technology's origins, solar panels have unquestionably secured a place in the global clean energy industry.
Delegates to the UN Framework Convention on Cl. . .
Growth in Investment and New Energy Possibilities in African Nations
Posted on :Monday , 2nd December 2024
Africa's energy landscape is experiencing an enormous shift and the continent is seeing a large influx of investments and opportunities. International investors, development institutions, and private sector players are showing interest in the continent, which is becoming a major player in the global energy transition due to its abundance of natural gas and renewable energy supplies.
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Solar Energy Expansion in East Africa Secured By d.light at $176 Million
Posted on :Monday , 22nd July 2024
Leading global provider of financing and goods to low-income consumers, d.light, announces the conclusion of a $176 million securitization facility. African Frontier Capital (AFC) will supply the funding, which will be used to buy receivables in Tanzania, Kenya, and Uganda.
With the utilization of this facility, d.light will be able to expand its PayGo consumer credit service. . .
National Grid Is Now Powered By 30 MW of Small Power Producers
Posted on :Thursday , 30th May 2024
According to The Rural Energy Agency (REA), the nation's small-scale power producers and developers have generated and added more than 30 megawatts to the national grid.
Advera Mwijage, the Director of REA for Renewable Energy Technologies, made this revelation in Dar es Salaam during a conference aimed at advising small-scale power producers of renewable energy projects on h. . .
Tanzania Uses Solar energy to Increase Job Opportunities for Youth
Posted on :Friday , 20th October 2023
MORE than 200 young people from four regions have been trained in renewable energy skills to help them secure employment in the environment-friendly sources of fuel.
The Germany Corporation for International Cooperation (GIZ) Employment and Skills for Development in Africa (E4D) programme introduced the Enabling Youth Employment in Solar Energy in Tanzania project to support . . .
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