A big obstacle is the lack of loans, a subject of intense disagreement between richer and poorer countries. But in Congo, a hard-fought solar investment shows a possible path forward.
Nuru, one of Africa’s pioneering renewable energy-powered metrogrid companies, has announced the successful close of over $40m in Series B equity funding and anticipates the close of an additional $28m in project finance by the end of the month. The funds will enable Nuru to commence construction on 13.7 MWp of projects, which will significantly …
The Nuru company put a mini hybrid solar power plant with a storage system into operation in Goma, the capital of the North Kivu province in the Democratic Republic of Congo (DRC). The installation has a capacity of 1.3 MW. The city of Goma has acquired a small hybrid power plant. The facility inaugurated on …
DRC: Nuru connects 1.3 MW solar off-grid hybrid in Goma Read More »
We recently reached a milestone on our path toward launching the Peace Renewable Energy Credit (P-REC). On October 3rd, the Democratic Republic of Congo (DRC) was added to the list of countries authorized to issue International Renewable Energy Certificates (I-RECs), and EPP was approved as the issuer of I-RECs in that country. This decision was …
EPP authorized as I-REC country issuer in the DRC Read More »
“Nuru is thrilled to be partnering with Gaia Impact Fund to bring millions of people renewable energy in the Democratic Republic of Congo”, says Jonathan Shaw, CEO of Nuru. Nuru, which recently commissioned a 1.3MW minigrid in Goma, DRC, aims to provide electricity to 5 million people by 2024 through solar hybrid minigrids. DRC represents …
The Democratic Republic of Congo now has the largest off-grid solar hybrid production facility in sub-Saharan Africa. This installation is the work of Nuru SARL, a Congolese company working to improve connectivity to electricity for the people of DRC. Jonathan E. Shaw, Chairman and CEO of Nuru SARL, had the honour of inaugurating the plant on the 4th of February …
Nuru (former Kivu Green Energy) has just commissioned a 1.2MW site in Goma! Read More »