$2.8 Million has been Vitally signed: By Grid Africa as an Equity Investment from Rifuwo Energy Partners
By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone–Grid Africa is ventured to strengthening solar energy solutions slated at mitigating the rising costs as grid electricity evolves expensive across the African continent. Currently, Eskom declared a 36% surge in tariffs to NERSA brandishing a substantial rise in overall energy costs, which is anticipated to particularly impact business customers. According to Norman Moyo – CEO of Grid Africa, “The recent changes in energy security in South Africa present a unique opportunity for businesses to deploy more solar energy projects, providing a buffer against escalating energy prices. With decreasing costs in solar technology and lithium batteries, we can further enhance energy efficiencies and enable peak...
Posted On 25 Oct 2024
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