Empower Fund reaches threshold commitment

A renewable energy impact fund headed by former Scatec Solar head of business development Terje Osmundsen has reached its $8m first threshold commitment. Empower Invest will invest equity in 1-10MW renewable projects in developing countries, using a fund-based model to … Read More

AIX: Power & Renewables – Eric Mwangi, Ministry of Energy, Kenya

Eric Mwangi, Economic Advisor to the Cabinet Secretary, Ministry of Energy, Kenya, is participating in the opening session of the  Africa Investment Exchange: Power & Renewables meeting at RSA House, London on 13-14 November. Read his biog Now in its … Read More

AIX: Power & Renewables – Olumuyiwa Abiodun, Office of the Vice President, Nigeria

Olumuyiwa Abiodun, Head of the Advisory Power Team at Office of the Vice President, Nigeria, is participating at the  Africa Investment Exchange: Power & Renewables meeting at RSA House, London on 13-14 November. Read his biog Now in its sixth … Read More

Mobisol: the latest string to Engie’s bow

French energy giant Engie claims to have become the market leader in off-grid solar in Africa following the acquisition of Germany’s Mobisol. When the transaction closes, which is expected in October, Mobisol will join solar home system company Fenix International … Read More

AIX: Power & Renewables – Nii Darko Asante, Ghana Energy Commission

Nii Darko Asante, Director, Technical Regulation, Ghana Energy Commission is participating in the Utility and regulator perspectives session on day one of the Africa Investment Exchange: Power & Renewables meeting at RSA House, London on 13-14 November. Read his biog … Read More

Winch Energy sponsors AIX Power & Renewables

Winch Energy  are sponsors at the next Africa Investment Exchange (AIX) Power & Renewables meeting at RSA House, London on 13-14 November 2019. Winch Energy is a global energy group creating specialized and sustainable solutions for off-grid distributed power. We are … Read More

Cautious optimism as Angola brings in wide-ranging energy reforms

There is considerable investor interest in reforms being enacted across the energy industry in Angola, but more work is needed before serious projects emerge and there remains caution about the extent to which cronyism has been eliminated, writes Dan Marks … Read More

Mobisol and Solarkiosk insolvencies highlight risk in off-grid

Solar home systems (SHS) pioneer Mobisol has entered self-administered insolvency proceedings at the District Court of Charlottenburg in Berlin. The move announced on 18 April gives the management three months to turn the company around and conclude negotiations with prospective … Read More

Morocco scales back LNG import plans as gas strategy evolves

Officially, Morocco’s much-anticipated LNG import scheme remains a key element in the next decade’s energy mix, but the project is likely to disappoint most of the potential suppliers and contractors who lined up to participate during earlier iterations, writes Jon … Read More