Page 11 - AfrElec Week 43 2020
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AfrElec                                    NEWS IN BRIEF                                             AfrElec







       most clear in our bouts of load shedding,” she   access barrier for end users.  distributors of solar-powered devices collect
       said, using a local term for power outages.  In the past, the sheer cost of purchasing   and manage payments as well as customer
         South Africa produces the same quantity   full range solar energy units typically put   data from users. The company also provides
       of greenhouse gases as the U.K., which has   them out the reach of millions across the   metering and monitoring technology that
       an economy eight times larger. Eskom, which   continent—including some of those who need   manufacturers of solar-powered products
       runs a fleet of coal-fired power plants, is the   them the most.         can embed in their devices and remotely
       country’s worst polluter, accounting for about   But the falling prices of solar panels   power them based on customers’ payments
       40% of the greenhouse-gas emissions.  combined with scalable payments software   status and, when necessary, collect usage and
         Cape Town plans to build a photovoltaic   and device metering technology now mean   diagnostics data.
       solar power plant by the end of the 2023   solar-powered devices can be made affordable   While some manufacturers make devices
       financial year, as well as sourcing additional   both for initial purchase and follow-on micro   and also build customised software and
       sustainable energy, Nassiep said. The city   payments linked to usage in pay-as-you-go   technology in-house to power them, it is a
       took the energy ministry to court this year   offerings.                 time and cost-intensive process which several
       to win the right to source its own power. The   With a significant amount of users in   others are unable to do. “This was a big gap
       judge ruled that further negotiations with the   low-income households, solutions that make   in the market that we identified,” says Lesley
       government should take place.       these devices more affordable has been   Marincola, CEO of Angaza. “Distributors
         “We intend putting out a tender for   pivotal, according to development analysts   really need to digitize their operations and
       renewable-energy plants embedded in our   and come with a lot of upside. It’s a view that’s   automate a lot of work-flows, be able to
       grid in the next year and we would like   increasingly shared by renewable energy   make mobile money payments and track
       to source renewable energy from large   investors as well, as is evident from the latest   those automatically—and there just wasn’t a
       independent power producers as soon as is   investment in Angaza—a software provider   complete software solution to do all of that,”
       feasible,” he said.                 that enables solar power device makers and   she tells Quartz Africa.
                                           distributors offer pay-as-you-go consumer
                                           services.
                                              The eight-year old startup has raised
       PAY-AS-YOU- GO                      $13.5 million in a Series B funding round   SOL AR
                                           led by KawiSafi Ventures, an East Africa-
       Software provider for               based energy impact fund, with participation   Siemens delivers first
                                           from Total Carbon Neutrality Ventures, the
       Africa’s pay-as-you-go              investment arm of French energy giant, Total.   blades for West Bakr wind
                                           Existing investors including Ajax Strategies,
       solar industry raises               Emerson Collective, Rethink Impact, and   project in Egypt
                                           Salesforce Ventures also participated in the
       $13.5mn                             round. It follows a $10.5 million Series A   Wind turbine maker Siemens Gamesa
                                           round in 2017 for the San Francisco-based
                                                                                Renewable Energy SA (BME:SGRE) has
       As small-scale renewable energy solutions   Angaza, whose technology is deployed in 33   delivered the first blades to the site of the 250-
       have become mainstream across African   African countries so far.        MW West Bakr wind project in Egypt, it said
       households over the past decade, one of the   Angaza’s mobile app serves as a point   on Twitter.
       key drivers has been easing the financial   of sales tool that allows sales agents of   The company will be bringing 96 units




































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