Investment in Photovoltaic

Nigeria, a future major solar energy producer?

By far the most populous country of Africa (with 177 million inhabitants in 2014), and consequently the first GDP of the continent, Nigeria is a member of the OPEP and has a large amount of oil resources, which represents the major part of its economy. The rest of the GDP is mainly divided between the agriculture sector and artisanal production. The electrification rate of the country is rather low: in 2012, only 55.6% of the population had access to electricity. The lack of infrastructure affects mainly the rural and poor populations. To overcome the inexistence and the low reliability of the electricity distribution in several areas of the country, the rural populations invest in diesel generators, which are expensive and polluting.

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In Algeria, a new Program for the Development of Renewable Energy

Nov 24, 2015 No Comments

Algeria was the very first country in Africa to apply a Feed-in Tariff scheme for renewable energy. In August 2004, a national program for the promotion of renewable energy was launched: it obliges Sonelgaz, the national public energy operator, to buy energy from renewable sources through a commercial contract. However, this policy failed: it did not lead to any renewable power plant construction.

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Solar energy improves people’s access to electricity in Kenya

Sep 29, 2015 No Comments

In order to reach its objectives of developing its electricity generation from renewable resources, the Kenyan Energy Ministry has established in 2008 a Feed-in-Tariff policy, subsidising renewables-based electricity production.

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Milk the Sun reports jump in demand for solar project rights

Mar 20, 2015 No Comments

The first round of bidding for ground-mounted photovoltaic systems in Germany has begun. This also now raises the demand for solar project rights on online platforms, not just for existing photovoltaic plants, as Dirk Petschick, CFO and cofounder of Milk the Sun explains in an interview with pv-magazine:

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Crowdfunding for Solar PV: An interview with Abundance Generation

Apr 29, 2014 No Comments

Crowdfunding has been traditionally associated with the development of new software tools or online applications. Only in the past year has this innovative investment tool started to gain traction within the infrastructure field, with Solar PV being seen as a prime candidate for this diversified source of funding. The Milk the Sun blog spoke to Abundance Generation’s Tom Harwood on how their platform is seeking to blend the often challenging nature of Solar PV project financing with an open crowdfunding platform.

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