RP Global, an independent renewable energy developer and majority shareholder of JUMEME Rural Power Supply, has commenced construction on the first phase of a solar-hybrid mini-grid project in Tanzania.
The Dutch Development Bank (FMO) and investment firm Symbiotics have announced a US$32.5 million facility to finance ZOLA’s operations within Tanzania over the next five years.
Africa’s largest private equity firm has led a round of financing for Off Grid Electric to fuel the microgrid provider’s expansion in the continent, with investors including an arm of General Electric (GE).
Major oil company Shell and European utility ENGIE are among investors to have pumped US$20 million into Husk Power Systems, a developer of microgrids which is expanding its efforts in Asia and Africa.
Rental solar power company Redavia has commissioned two microgrid PV-plus-storage systems totalling 303kWh of energy storage capacity, both located in the Songwe region in western Tanzania.
