ABIDJAN, Ivory Coast, November 30, 2017/APO Group/ --

EnergyNet (www.EnergyNet.co.uk) will host the second Regional Energy Co-operation Summit in Côte d’Ivoire from 24-25 January 2018 - a strategic platform for project evolution and partnership development. The conference will discuss opportunities for cross-border power projects and potential gas investments across West Africa.

At the first Regional Energy Co-operation Summit (www.Regional-Energy-Cooperation-Summit.com) in January 2017, His Excellency Thierry Tanoh, Minister of Petroleum, Energy and Renewable Energies summed up the relevance of the summit with his statement; "[t]he importance of the theme (Regional Energy Cooperation Summit) is well established in the light of the needs of African countries in terms of access to different energy sources, including renewable energies".

The 2018 Summit will review outcomes from last year’s meeting, identifying next steps and bringing together ECOWAS decision-makers and global energy investors to advance regional partnerships and interconnection projects.

Programme Manager Valeria Aruffo commented; "Given the abundant reserves from many West African gas fields which will firstly be harnessed for power and domestic use, the summit will instigate the conversation surrounding the sub-region’s booming global gas market. We’ll focus on export and import capacities, balancing domestic obligation and regional trade, and of course the role of LNG in facilitating gas development in the sub-region."

With the overarching theme of regional integration in West Africa, the summit will gather ECOWAS energy ministers and government representatives, heads of utilities, regulators, power developers, technology providers, financiers and multilateral agencies from across West Africa to discuss how to unlock investments for the development of power projects.

Alongside partners ENGIE, Manitoba Hydro, Metka, Wartsila & Berwin Leighton Paisner (BLP), the Summit is officially endorsed by Ghana Grid Company (GRIDCo), ANER, Energy Commission Ghana and the Electricity Company of Ghana

Read more: Energy Summit in Abidjan to explore West...

The Islamic Corporation for the Development of the Private Sector (ICD) and Shobak Wind Energy PSC (the “Project Company”) have signed facility agreements for a US$26 million The Project, which will deploy 13 wind turbines supplied by Vestas Wind Systems, will be constructed over a 2-year period and have a total cost of approximately US$104 million JEDDAH, Kingdom of Saudi Arabia, November 29, 2017/APO Group/ -- The Islamic Corporation for the Development of the Private Sector (“ICD”) (www.ICD-ps.org) and Shobak Wind Energy PSC (the “Project Company”) have signed the facility agreements for a US$26 million Shariah-compliant senior financing to part fund the construction of a 45 MW wind farm (the “Project”) in Jordan near the Shobak town municipality,160 km south of Amman. The balance of the senior financing is being provided by the European Bank for Reconstruction and Development (EBRD) and Europe Arab Bank (EAB). The Project Company is majority owned by Alcazar Energy Partners (http://AlcazarEnergy.com), a UAE-based independent developer active in the Middle East, Africa and Turkey. Alcazar Energy is developing the project in partnership with Hecate Energy LLC (www.HecateEnergy.com), a US-based developer. The Project, which will deploy 13 wind turbines supplied by Vestas Wind Systems, will be constructed over a 2-year period and have a total cost of approximately US$104 million. Once the Project is operational, the generated power will be sold to the Jordanian National Electricity Power Company (NEPCO) under a long-term power purchase agreement. The Project will support Jordan in increasing its electricity generation capacity from clean, indigenous and renewable sources and reducing reliance on costly hydrocarbon imports. It will help the country abate more than 100,000 tons of CO2-equivalent per annum, supporting Jordan’s emission reduction targets under the Paris Climate Agreement, as well as promoting sustainable energy development and private sector participation in the country’s energy landscape. Mr. Khaled Al-Aboodi, the Chief Executive Officer of ICD, commented: “We are delighted to be part of this success story, and happy to have been able to support Alcazar Energy in this important investment. I would also like to thank the Government of Jordan for their continued support and commitment to this critical sector, and we are looking forward to expanding and deepening our involvement in the country through similar interventions in the very near future. We are also very pleased to continue our fruitful cooperation with EBRD, as this transaction follows the recent closing of several comparable co-financings in the Arab Republic of Egypt just last month.”   Daniel Calderon, Co-Founder and CEO of Alcazar Energy, said: “The Shobak project is another significant milestone for our company to build a sustainable portfolio of assets. By early next year when Shobak construction starts, our portfolio will comprise seven projects in construction or operation in the region. We appreciate the continued support of the government of Jordan, our lenders and investors. Shobak is the first of our projects to be partly funded by a Sharia compliant financing and we are delighted to welcome ICD as a new financing partner.” Distributed by APO Group on behalf of Islamic Corporation for the Development of the Private Sector (ICD).

Media Inquiries
Mr. Nabil El Alami
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Fax: +966 12 6444427
Tel: +966 12 6468192

About Alcazar Energy
Alcazar Energy (www.AlcazarEnergy.com), which was formed in 2014, is an independent developer and power producer focused on renewable energy generation across the Middle East, Africa and Turkey. Alcazar focuses on Solar PV and Onshore Wind technologies and targets emerging economies with attractive underlying market fundamentals and developed regulatory frameworks. Alcazar is owned, amongst others, by IFC, AMC, Mubadala Infrastructure Partners, Blu Stone Management and Dash Ventures. www.AlcazarEnergy.com

About Hecate Energy LLC
Hecate Energy LLC (www.HecateEnergy.com) is a leading developer, owner and operator of power plants in North America and internationally.  Hecate Energy brings together business acumen, technical understanding and significant experience in the industry to develop world-class power projects. The company specializes in solar and wind power, natural gas plants and energy storage, unearthing creative approaches to structuring PPAs and financing power projects both in the United States and abroad. Hecate Energy believes in collaborative, long-term partnerships with the communities, organizations and countries it serves.  www.HecateEnergy.com

About ICD
ICD (www.ICD-ps.org) is a multilateral organization and a member of the Islamic Development Bank (IDB) Group. The mandate of ICD is to support economic development and promote the development of the private sector in its member countries through providing financing facilities and/or investments which are in accordance with the principles of Shari’ah. ICD also provides advice to governments and private organizations to encourage the establishment, expansion and modernization of private enterprises. ICD is rated AA/F1+ by Fitch and Aa3/P1 by Moody’s. For more information visit www.ICD-ps.org

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LAGOS, Nigeria, November 24, 2017/APO Group/ --

The complex dilemma of how to power Nigeria dominates politics and economics, yet hundreds of thousands of people are discovering the answer is to literally take power into their own hands.

This week, the Lumos (www.Lumos-Global.com) Mobile Electricity Service deployed its 60,000th Y’ello Box, an at-home solar electricity device that lets users gain access to reliable electricity at an affordable price. The Lumos service is combining the power of the sun and your MTN mobile phone to bring a new type of power to Nigeria.

This significant milestone means more than 300,000 people right across Nigeria are now benefitting from affordable, reliable, clean electricity, thanks to the Lumos Mobile Electricity service ability to unleash the power of the mobile.

Mobile phones have transformed the way we spend our daily lives. In fact, a recent report declared Nigeria as the ‘world’s most mobilized country’ (http://apo.af/qD8dM5) with more mobile traffic than any other nation. With more and more mobiles, they not only drive our demand for more accessible and reliable power, but they can also help provide the solution.

Lumos Mobile Electricity Service operate in partnership with MTN. Once MTN customers have joined the service, they pay their monthly subscription fee for power from their MTN’s mobile phones air account by texting a simple code. There’s no need for mobile money, bank accounts or expensive machines. This is quick, easy, affordable, quiet and clean.

Mr. John Stephen Akpan, a farmer from Lagos State who purchased the 60,000th system said:

“The Y’ello Box is making a big difference. I was using a noisy, polluting generator, but now that Lumos has arrived, my farm has been transformed instantly.   

“I was surprised at how easy and quick the installation was, and that I was able to start using it straight away.”

Yuri Tsitrinbaum, CEO of Lumos Nigeria said:

“The mobile revolution has transformed our need for power, and the mobile electricity service is also going to be a significant part of the answer.”

“The Nigerian economy will thrive if we give people the power they need to succeed. We cannot wait, and we need put power in everyone’s own hands.”

“At Lumos we have built a unique system that uses groundbreaking technology to harness the energy of the sun, capture and store it, and release it thanks to your mobile phone.”

“The energy mix in Nigeria is a complex issue which we all need to work together to solve.  We believe we have created something fantastic that is bringing power to people’s homes and businesses like nothing else before.”

Read more: The answer to Nigeria’s power needs will be...

CASABLANCA, Morocco, November 16, 2017/APO Group/ --

On November 29 to 1 December 2017, Under the High Patronage of His Majesty King Mohammed VI of Morocco, The ‘Gas Options North and West Africa Summit’ (www.GasOptions-NWAfrica.com) and The ‘Africa Renewable Energy Forum’ (www.Africa-Renewable-Energy-Forum.com) will assemble some of the most active national and international public and private stakeholders to forge partnerships, finalise deals and glean the most important developments taking place in Africa’s energy and power sector.

Travelling to Casablanca to join these high-level discussions, the Forums have confirmed the participation of 5 Ministers of Energy including:

  • Honourable Aziz Rabbah, Minister of Energy, Mines and Sustainable Development, Government of the Kingdom of Morocco
  • H.E. Honourable, Patrick Eyogo Edzang, Minister of Water and Energy, Gabon
  • H.E. Honourable Minister Maliki Alhousseini, Minister of Energy and Water, Mali
  • H.E. Honourable Jorge Seguro Sanches, Secretary of State for Energy, Portugal
  • Hon. William Owuraku Aidoo, Deputy Minister for Power, Ministry of Energy, Ghana
  • H.E. Honourable Senator Tsitsi Muzenda, Deputy Minister of Energy and Power Development, Zimbabwe

With the support and attendance of high level experts from Cheniere, Siemens, Shell, White & Case, Wärtsila, Clarke Energy, Karpowership, DBSA, DLA Piper, ENGIE, Fieldstone Africa, Jinko Solar, ACWA Power and Alfanar, the Gas Options: North and West Africa Summit and the Africa Renewable Energy Forum will collaborate with distinguished experts such as Amina Benkhadra, Director General, National Office of Hydrocarbons and Mines (ONHYM), Leila Farah Mokaddem, Country Manager of Morocco, of the African Development Bank, Marie-Alexandra Veilleux-Laborie, Director, Head of Morocco, European Bank for Reconstruction and Development, Koffi Klousseh, Director of Project Development, at Africa50,  Rafael Huarte, Lázaro, Director, International Gas Union (IGU), and Khalid Berradi, Chief Operations Officer, of OCP Policy Center.

Some of the most pressing topics to be discussed will include, what is the long-term commitment of the private sector in making renewable energy profitable and affordable, What new technologies are promising to change the course of renewable energy development, should Governments and DFIs be developing more guarantee and risk mitigation instruments and the potential of the Gas IPP procurement programme as an anchor for industrial growth.

Read more: The ‘Gas Options: North & West Africa’ Summit...

LONDON, United Kingdom, October 26, 2017/APO Group/ --

The Kingdom of Morocco’s Ministry of Energy, Mines and Sustainable Development has confirmed support for two conferences focusing on gas and renewables in Casablanca this November.

With confirmed participation from Honourable Minister Aziz Rabbah, the North & West Africa Gas Options Conference will assemble public sector leaders, IOCs, infrastructure developers, investors and IPP developers alongside major national, international and multilateral banks to discuss investment opportunities in Africa’s energy sector.

“With decreased project assurance across the continent, we’re aware that investors need to broaden their portfolios and it is with this in mind that these co-located events: Gas Options - North & West Africa (www.GasOptions-NWAfrica.com) and the Africa Renewable Energy Forum (www.Africa-Renewable-Energy-Forum.com) will take place in Morocco from 29th November to 1st December,” commented EnergyNet’s (www.EnergyNet.com) Programme Manager Valeria Aruffo.

“Together they will provide developers and gas players a platform to connect with credible stakeholders, build new partnerships and understand the exciting role Moroccans and their African partners across the regions will play in the coming years as billions of dollars are pumped into these economies.”

The Honourable Minister Rabbah will open the conferences with a keynote speech, going on to explore potential financing bottlenecks in Morocco’s gas and renewable energy strategy.

Alongside partners Royal Dutch Shell, Karpowership, ACWA Power, DLA Piper, DBSA, Engie, Fieldstone Africa, Wärsilä, White & Case, Jinko Solar, Clarke Energy and Cheniere, African governmental figures will attend from The Gambia, Liberia, Mali, Malawi, Mozambique, Uganda, South Africa, Ethiopia, Mauritius and Zimbabwe.

DFI representation from IFC, World Bank, Africa50 and OPIC will be present to showcase financing opportunities and bankable projects. Gathering enterprises from across the globe, Abu Dhabi's renewable energy company, Masdar Clean Energy and one of India’s biggest business houses, Adani Solutions will also push the frontier of energy solutions at the summits.

The North & West Africa Gas Options Summit will explore the evolution of the global gas market as a catalyst for industrial growth for the region, linking with Europe and the development of gas-to-power projects within the ECOWAS and Maghreb regions. In addition to regional gas infrastructure projects, the programme will discuss gas utilisation for the downstream sectors and the positive impact the North & West Africa gas economy will have on the ECOWAS region.

Frederik Smits van Oyen, Cheniere’s Vice-President, Origination and Marketing of the EMEA regions commented, “Cheniere is looking forward to the North & West Africa Gas Options conference; it’s a great platform for stakeholders to promote sustainable, complementary energy solutions that provide economic prosperity in the region”.

The Africa Renewable Energy Forum (ARF) will explore the role of renewable energy in achieving a sustainable energy mix by delving into the financing of clean energy projects. The clear appetite for investments in renewable IPP projects means that the focused dialogue around bankable projects at ARF will support both investors and governments in better formulating an integrated strategy.

Read more: Official Endorsement and Participation from...

Alfanar closes the financing for the landmark 50 MW Solar PV IPP project under the feed-in-tariff (FiT) program Round II in Egypt This project will be the first in the row of alfanar current pipeline of 800 MW investment projects spread across Europe, East Africa and South Asia, in both solar and wind technologies JEDDAH, Kingdom of Saudi Arabia, November 7, 2017/APO Group/ -- Alfanar Company (www.alfanar.com) closed last week the financing for the development, construction, ownership and operation of a 50 MW solar PV plant which will be located in the proposed 1.8-GW Benban solar complex in Egypt's Aswan province and which will be supported by Egypt's FiT program. This project will be the first in the row of alfanar current pipeline of 800 MW investment projects spread across Europe, East Africa and South Asia, in both solar and wind technologies. Alfa Solar Company - subsidiary of alfanar group - has signed the facility agreement for $57 million with the European Bank for Reconstruction and Development (EBRD) (www.EBRD.com) and Islamic Corporation for the Development of the Private Sector (ICD) (http://ICD-ps.org) in early October 2017. Mr. Sabah Mohammed Al Mutlaq, Chairman of Alfa Solar and Vice-chairman of Alfanar group, stated: “We are happy to achieve this milestone. We appreciate the trust placed on us by EETC/EBRD/ICD and look forward to delivering the plant in time”. Mr. Jamal Wadi, CEO - Alfanar Energy, said: “It is to the credit of EETC and the various counterparties that we could achieve the financial close in appropriate time. These projects are sort of a testimony to the changing standard in the energy field and can deliver equal if not higher dependable and long term value to countries and developers.”

Mr. Khaled Al-Aboodi, CEO of ICD, added: “ICD is engaged with the financing of this solar project in Egypt as a proof of its commitment to encourage the renewable energy in the member countries. ICD stands ready to work with Alfanar and other investors on further improvements in the business climate for renewable energy, especially under the Government of Egypt’s feed-in-tariff (FiT) renewable energy program.”

Mr. Harry Boyd-Carpenter, EBRD Director, Power and Energy Utilities, commented: “We are delighted to work with Alfanar and to support them in such an important investment. The EBRD has been a firm supporter of renewable energy development in Egypt, providing policy advice, technical assistance and financing. We are very pleased to take another step forward in this area, and to continue our successful cooperation with ICD as well.” The Power Purchase Agreement (“PPA”) for the project was signed with EETC on May 7th 2017. Project will be 100% compliant with the Country's Green Economy Evolution Approach and will support the expansion of renewable energy Generation to meet Egypt’s targets in this area including its Intended Nationally Determined Contribution and will offset 900,000 tons of carbon dioxide (CO2) emissions each year, once operational.

With the launch of this landmark project, Alfanar group is setting pace to deliver newly won renewable projects in Spain (720 MW Wind project), India (50 MW Wind Project) & Kenya (40 MW Solar PV project). Distributed by APO Group on behalf of Islamic Corporation for the Development of the Private Sector (ICD).

Media Inquiries:
Mr. Nabil El Alami
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Fax: +966 12 6444427
Tel: +966 12 6468192

About Alfanar Company:
Alfanar Company (www.alfanar.com) established in 1976 and currently is the region's leading player in the Energy sector, its manpower constitutes to 17,000 plus with more than 2,000 engineers, and turnover exceeds $2.15 billion (2016). alfanar Group, activity portfolio covers Integrated Development, Financing, Engineering, Construction, Testing & Commissioning, Technical services, Civil works, MEP works, Operation and Maintenance for Power and Water projects and manufacturing of power electrical equipment with research and development centers globally. As a Saudi based company, alfanar has many companies in Portugal, UAE, Egypt, Qatar, UK, India and Spain.

About Islamic Corporation for the Development of the Private Sector (ICD):
ICD (www.ICD-ps.org) is a multilateral organization and a member of the Islamic Development Bank (IDB) Group. The mandate of ICD is to support economic development and promote the development of the private sector in its member countries through providing financing facilities and/or investments, which are in accordance with the principles of Sharia’a. ICD also provides advice to governments and private organizations to encourage the establishment, expansion and modernization of private enterprises. ICD is rated AA/F1+ by Fitch and Aa3/P1 by Moody’s.

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NAIROBI, Kenya, November 16, 2017/APO Group/ --

Huge potential, unlimited opportunities – this is how energy experts in the region describe the East African power sector. A required investment of approximately $93 billion per annum needed to address East Africa’s power and infrastructure needs opens up exciting business opportunities for suppliers and solution providers from across the globe.

Future Energy East Africa (www.Future-Energy-EastAfrica.com), with the official support of the Kenyan Ministry of Energy and Petroleum, will once again host many of the region’s leading energy decision makers from 29 – 30 November 2017 at the Safari Park Hotel in Nairobi.
Formerly known as the East African Power Industry Convention (EAPIC) the event boasts both a strategic conference and a large trade exhibition which provides a platform for public and private stakeholders to engage in discussions around the future of the East African energy sector, giving stakeholders the opportunity to benchmark their operations, challenges and achievements against their peers and seek suppliers who are looking to gain access to projects across the region.

Leading energy experts and industry suppliers who are excited about the region’s potential and opportunities in the sector that will be at Future Energy East Africa include: “The electricity industry in this region is one of the fastest developing on the continent and Future Energy East Africa presents the perfect opportunity to showcase our products, services and expertise to a key growth market. We have been participating in EAPIC for many years and we are excited to see the event develop after its rebranding as Future Energy East Africa this year.” - Connie Ochola, Regional Marketing Manager, Sub-Saharan Africa, Lucy Electric, returning platinum sponsors. Full interview (http://APO.af/jbrMKH).

“The smart money is on East Africa, Africa’s new economic powerhouse is taking root in Eastern Africa, with Ethiopia and Kenya taking the lead, and Tanzania and Uganda reinforcing this emerging regional cluster of more than 300 million people.” - Lukas Duursema, CEO, Siemens Eastern Africa, platinum sponsors. Read more (http://APO.af/p4Eq9x).

“Energy access related start-ups have been among the most prominent of the start-up scene in the recent years in East Africa. Kenya in particular is a commendable player in the African innovation and entrepreneurship market. The number of start-ups being born and entrepreneurs being developed here reflect this.” - Paras Patel, Investment Manager, Energy Access Ventures, Kenya and part of a panel discussion on the potential of mini grids at Future Energy East Africa. Full interview (http://APO.af/Bds5ge).

“I dream of the day when all our school kids will do their evening homework using electricity. Our main opportunities lie in the upscaling of the production of renewable energy. With the decreasing costs of storage batteries, distributed generation will go a long way in ensuring that all citizens of East Africa have access to clean and reliable energy.” - Mbae Ariel Mutegi, Chief Engineer, Network Audit, Kenya Power and panelist at Future Energy East Africa.  Full interview (http://APO.af/QTXKm1).

“Both generation and distribution of energy in East Africa are markets to watch closely over the near future. Access to energy certainly represents a major opportunity in the region and, in my opinion, solving the issues around making mini-grids economically viable is at the core of unlocking that opportunity. Furthermore, there are few credible players with on-ground experience in this space, which makes it a particularly exciting time to be involved.” - Riccardo Ridolfi, the Head of Business Development for Absolute Energy Capital (AEC) and discussion panellist at Future Energy East Africa. Full interview (http://APO.af/YKKwhR).

Opening session highlights: Wednesday 29 November 2017:

Theme: Mapping the journeys of the future utility 

09:15 Organiser’s welcome
Claire O’Connell, Event Director, Spintelligent, South Africa

09:20 Host Ministry welcome address
Dr Joseph Njoroge, Principal Secretary, Ministry of Energy and Petroleum, Kenya

09:35 Uganda’s roadmap to universal access to affordable, reliable and modern energy services 
Hon. Eng Simon D’Ujanga, Minister of State for Energy and Mineral Development, Uganda

09:50-11:00 What is the vision for the digital utility? - Will there be a new way of running a utility? - How can you combine digital technologies and operations capabilities? - Entirely reimagining the customer experience


  • Kannan Lakmeeharan, Partner, McKinsey & Company, South Africa
  • Johnny Dladla, CEO, Eskom Enterprises, South Africa
  • Johan Helberg, Country Manager, Siemens, Kenya
  • Edouard Héripret General Manager East Africa, Schneider Electric, Kenya
  • Ken Tarus, Managing Director and CEO, Kenya Power, Kenya*
  • Rebecca Miano, Managing Director and CEO, KenGen, Kenya*

11:00-11:30 Inspirational keynote address: Developing East Africa’s future leaders
Prof. Izael Pereira Da Silva, Deputy Vice Chancellor in Charge of Research and Innovation, Strathmore University, Kenya

Free expo highlights include:

Free technical workshops on renewable energy, mini grids, nuclear power and much more. Click here (http://APO.af/68qHdU) for the full programme.
Latest technology and services for the industry – more than 40 local and global exhibitors will showcase their offering on the expo floor. Register here (http://APO.af/dAAVvA).

East Africa’s energy journey:
Future Energy East Africa has been a firm, favourite fixture on the region’s power calendar for the last 19 years and is recognised as being a distinctive gathering of stakeholders within the power value chain which includes governments, power generation companies, transmission and distribution companies, off takers, developers, investors, equipment manufacturers and providers, technology providers, EPCs, legal and consulting firms all with a shared goal of supporting the on-going implementation of finding lasting solutions to East Africa’s energy challenges.

Industry support:
As in previous years of this flagship energy event in the region, Future Energy East Africa has secured impressive industry support, including from Lucy Electric, a leading secondary distribution supplier in the electricity sector, who are returning platinum sponsors. Siemens, a global industry pioneer, are also platinum sponsors. Other sponsors are African Young Generation in Nuclear (AYGN), Maschinenfabrik Reinhausen GmbH and Landis+Gyr.

Future Energy East Africa is organised by Spintelligent, a multi-award-winning Cape Town-based exhibition and conference producer across the continent in the infrastructure, real estate, energy, mining, agriculture and education sectors. Other well-known events by Spintelligent include African Utility Week (www.African-Utility-Week.com), Future Energy Nigeria (formerly WAPIC) (www.Future-Energy-Nigeria.com), Future Energy Central Africa (www.Future-Energy-CentralAfrica.com), Agritech Expo Zambia (www.Agritech-Expo.com), Kenya Mining Forum (www.KenyaMiningForum.com), Nigeria Mining Week (www.NigeriaMiningWeek.com) and DRC Mining Week (www.DRCminingweek.com). Spintelligent is part of the UK-based Clarion Events Group.

Read more: Excitement about potential and opportunities in...

LAGOS, Nigeria, October 6, 2017/APO/ --
  • Off- grid solar will bring basic electricity services to almost 70 million more people in Asia and sub Saharan Africa

A new report has confirmed that Solar is now the fastest growing energy source in the world, and is making a major impact in Africa. The International Energy Agency’s 2017 report (http://APO.af/inLXNs) on renewables forecasts that off-grid solar capacity in Africa is set to almost triple in the next five years, saying that it will “bring basic electricity services to almost 70 million more people in Asia and sub Saharan Africa”.

The IEA has found that the amount of power from solar grew by more than 50%, and has officially increased energy output globally at a faster rate than any other fuel. The report specifically highlights off-grid solar as a ‘dynamic’ sector set to accelerate this growth.

Lumos (www.Lumos-Global.com), a company that offers one of the fastest growing off-grid solar services in Africa, is at the forefront of this expansion. Lumos launched its Mobile Electricity Service and the Y’ello Box in partnership with MTN in Nigeria earlier this year. The device transforms the sun’s energy into electricity and is paid for via your mobile phone. 

According to the IEA, off-grid capacity in Africa and Asia is set to reach “over 3000 MW in 2022.” CEO of Lumos Nigeria, Yuri Tsitrinbaum, said: “This is the latest evidence that off-grid solar is providing the answer to growing energy demand in Africa. There is no other option available that can provide energy that is as affordable, reliable, and clean.”

“We are changing the way people access electricity, and this is only the beginning. Mobile phones improved millions of lives, and now we are seeing the same thing with mobile electricity.”

Lumos Mobile Electricity Service is available at MTN stores across Nigeria. By subscribing to the service, customers get one of the revolutionary Y’ello Box systems that converts solar energy into electricity for the home, paid for by phone credit and a simple text message. It’s reliable, affordable and powerful.

The IEA report projects that over the next five years, services like Lumos will be the catalysts and drivers of innovative payment solutions that can allow low-income populations access to electricity.

Read more: Off-grid Solar set to triple in Africa

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