Renewvia Energy Corp. Expands Solar Power Grid Across Four African Nations
Renewvia Energy Corp., an Atlanta-based solar energy company, is set to expand its solar-powered mini-grid operations into Uganda, Rwanda, Ethiopia, and the Democratic Republic of Congo. This expansion is part of a $750 million investment aimed at addressing the electricity deficit in sub-Saharan Africa, where nearly 600 million people lack access to electricity. The initiative is supported by the World Bank and African Development Bank's Mission 300, which seeks to connect 300 million Africans to electricity by 2030. Renewvia already operates 24 mini-grids in Kenya and Nigeria, providing electricity to rural communities and commercial clients. The company is also seeking $45 million in concessional financing to expand a metro-grid in Kakuma and develop a renewable energy plant in Dadaab, two of the world's largest refugee settlements.