Q&A: How energy assets can unlock new financing

From the newsletter

Finance is the main challenge for new entrants, and we were fortunate to secure dynamic options from our banking partners. Looking long term, we plan to set up an internal fund using energy assets as collateral, Joshua Kwiringira, co-founder of TSG Energy, a solar firm in Uganda, told Renewables Rising. This will pave the way for larger projects across Africa.

• On expanding beyond the C&I sector, Mr Kwiringira said: “We plan to supply energy for agriculture and food processing, including irrigation, cold storage, and factories. Between 2027 and 2030, we will also expand into transport, offering Energy as a Service for charging and Batteries-on-Wheels solutions for vehicles.”

• TSG Energy is a general renewables company focusing on solar PV and battery energy storage for residential, commercial, and institutional clients, with prospects in utility-scale projects in East, Central and West Africa.

• Read the full conversation here… Read time (4 min)

More details