
Arnergy secures $18 million in funding to improve solar energy systems across Africa
This new investment is a strong vote of confidence in Arnergy’s mission to democratize energy access across Africa
This new investment is a strong vote of confidence in Arnergy’s mission to democratize energy access across Africa
DARES signals a new chapter—empowering states, enabling developers, and focusing on underserved communities.
This new initiative will see both organizations commit a combined $10 million over the next three years to support innovative, African-owned businesses providing sustainable energy solutions.
Mobile Power’s energy distribution platform “MOPO”, is successfully serving challenging markets, creating local employment, and providing financial and social returns. The platform offers customers a community-based, agent-led Battery-As-A-Service product that enables them rent 50Wh-1000Wh lithium-ion batteries for 24-hour periods.
The DART programme aims to accelerate the growth of the renewable energy sector in Nigeria and beyond by combining demand pooling and aggregated purchasing of solar equipment, access to affordable finance and coordinated logistics processes to unlock economies of scale for solar companies and achieve cost savings for end users.
The electricity sector has not been left out of this ongoing negative impact resulting from the COVID-19 pandemic, as it continues to struggle with increased epileptic power supply and increased losses stemming from unpaid electricity debts due to lack of cost-reflective tariffs and decreased consumer spending.