Last year, the threshold for companies in South Africa to produce their own electricity without a license was increased from 1 MW to 100 MW. The new threshold was introduced to catalyze private sector investment into the electricity sector. This move will go a long way in supporting energy users’ … [continued]
It has been reported on several platforms that BYD is planning to start producing at least 300,000 EVs per month soon from its various plants in China and other places. Buoyed by this ramp-up in production, BYD is stepping up its global expansion program. It seems like we get these … [continued]
Kenya’s electric mobility sector is starting to get really exciting and gaining some significant traction. Financing facilities are critical to the growth of any sector, and this will be a key enabler for Kenya’s electric mobility industry. In a major boost for electric mobility in Kenya, we are now seeing … [continued]
A few months ago, 4 Rivian R1T pickups caused quite a scene in Nairobi, Kenya. One morning people woke up and saw that videos of the Rivians driving along one of Nairobi’s famous streets were trending on Twitter. This sparked a huge discussion with people wondering how the Rivians had … [continued]
Construction of the 50 MW Khanyisa solar PV plant at Gold Fields’ South Deep Mine in South Africa has just been completed. Khanyisa means Light Up in Setswana. The name was chosen by the people of South Deep. South Deep is in the process of finalizing the commissioning and optimizing … [continued]
Some estimates put the number of motorcycles in use on the African continent at around 20 million. Estimates also say around 5 million of these are in East Africa. Persistent Energy’s Report, titled “A Dozen Markets and Counting, Opportunity For Two Wheel E-Mobility in SSA,” says that three times more … [continued]
The Toyota Tsusho Group (TTC) has been working with people and societies in Africa under the philosophy of “WITH AFRICA FOR AFRICA” in various areas for a while now. On the mobility front, Mobility 54 Investment SAS was established in October 2019 as a mobility-dedicated Corporate Venture Capital (CVC) for … [continued]
As part of the effort towards accelerating the transition to a low-carbon resilient economy and enable the transition of 25% of the total loan portfolio to green investments by 2025, and also as part of the KCB Net Zero ambition, The KCB Foundation and the United Nations Institute for Training … [continued]
Sun Exchange, the global solar leasing platform, has announced that leading South African automotive platform, Cars.co.za, has bought into a project that provides off-grid solar-plus-battery storage power to Karoo Fresh. Cars.co.za is South Africa’s leading automotive portal, which lists more than 74,000 vehicles stocked by hundreds of dealers countrywide. According … [continued]
A number of countries in Africa depend on fossil fuel imports to meet their energy requirements in the transport sector. These fossil fuel imports constitute a good chunk of the total import bill, draining the countries of the much needed and scarce foreign currency. We have looked at a few … [continued]
