Solar Firm Plans $750 Million Power Grids in Four Africa Nations

Renewvia Energy Corp., an operator of solar-powered mini-grids, is expanding into settlements in four African nations as efforts turn to renewable energy to plug a power deficit on the continent.

The expansion into Uganda, Rwanda, Ethiopia and the Democratic Republic of Congo will require about $750 million for 2.1 million connections, Renewvia Solar Africa Chief Executive Officer Trey Jarrard said in an interview.