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Starsight Energy is Africa’s fastest growing renewable energy company

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Emmanuel Ayifa Baah Managing Director for Starsight Energy Ghana

Starsight Energy, a leading African commercial & industrial solar power supplier with a significant presence in Ghana, has been ranked the fastest growing solar and renewable energy company in Africa by the Financial Times (FT).

According to the FT, in its inaugural ranking of Africa’s fastest-growing companies in 2022, Starsight is the sixth fastest growing company in Africa and the first energy and renewable energy on the list. The rankings show that Starsight made tremendous progress since its inception in 2015. The company’s revenues in 2020 stood at US$8.886million as compared to its revenues in 2017 which was at US$0.832million.

Currently, its absolute growth is 1154.403 percent and a compound annual growth rate of 132.351 percent. Staff strength of Starsight stood at 42 in 2017 but increased to 108 in 2020, hence making it to the fastest growing company rankings by FT.

With more than 51MW of solar power installed in West Africa as at the end of 2021, the pan-African renewable energy company operates in three regions in Africa: West, East and South Africa with a clear plan to be in other regions.

Managing Director for Starsight Energy Ghana, Emmanuel Ayifa Baah in an interview with the B&FT described the feat as humbling.

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“It is humbling but at the same time it is a recognition of the hard work the team has put in place over the period. It is just natural that you get rewarded when you do solve a problem. It is humbling to know that what you are doing to help companies Go Green whiles saving them on electricity cost & carbon emissions has been recognised on a global scale.

When you have a business operating the previous year only in Nigeria and just a year plus down the line, you have operations in Ghana, Kenya, Rwanda, Tanzania, and then  into South Africa, obviously that is a major leap from one location to all of these locations,” Mr. Ayifa Baah said.

Operations in Ghana

Delving deeper into the company’s operations in Ghana, Mr. Ayifa Baah explained that there is some 10MW of solar power under deployment for commercial and industrial institutions with over 50percent installed. “The bulk of our installations are in Accra but we have installations in Kumasi, and some parts of the Eastern Region,” he said.

Mr. Ayifa Baah, striking an optimistic tone, said by the end of 2022, Starsight Energy Ghana is seeking to have more than 10MW installed for Commercial & Industrial clients.

The call to adopt solar as a more sustainable power option

With the recent request for increment in electricity tariffs as a result of  a general increase in generation cost of utility companies, Mr. Baah urged consumers, especially commercial and industrial users of power, to look at solar as a more sustainable option. “When you go solar, you save money and protect the environment at the same time,” he said, adding that at Starsight, their lease-to-own package lead to consumers saving at least 15 to 45 percent of their monthly electricity bills.

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“We run a lease-to-own model. We build the solar plant at our cost, we maintain it at our cost, you just pay for using the plant and while you are paying, you are acquiring it. Our contracts start from five years and if you want a contract for over 10 years, we can, we are very flexible with our options.

You do not incur any additional cost; you are still paying your monthly utility at a reduced amount and yet get to own the plant within a number of years. Our target starts from 15 percent reduction in your tariff all the way to 45 percent per kilowatts hour savings on electricity cost,” Mr. Ayifa Baah added.

About Starsight Energy

Founded in 2015, Starsight is the leading African Commercial & Industrial (C&I) energy-as-aservice provider. It has deployed approximately 63 MW of generation assets and 25 MWh of storage at over 500 sites in all six African countries. The Company’s team of highly experienced professionals provides power solutions to a diverse clientele, including banks, gas stations, schools, and large commercial agricultural companies.

Starsight’s proprietary smart technology optimizes energy consumption enabling customers to significantly reduce energy costs and boost profitability without incurring any upfront expense. Starsight delivers an end-to-end service, starting with assessing a client’s energy needs to the installation and maintenance of a renewable energy solution. This is then followed by ongoing technical support.

Starsight’s long-term relationships with its blue-chip clients reflect the quality of its in-house engineering, procurement, and construction services, along with the reliability of its operations, maintenance, and customer service. Together these provide customers with the peace of mind that all their power-related issues are in trustworthy hands. Starsight has consistently maintained the highest ESG credentials and continues to reduce its customers’ carbon footprint and harmful diesel emissions.

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People & Lifestyle

‘Dubai in Accra’ set to thrill Ghanaians on Sunday, April 28

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In the heart of Accra, excitement buzzes as the city eagerly anticipates the grand spectacle known as “Dubai in Accra,” set to take place this Sunday 28th April 2024 at the prestigious Stanbic Heights, Icon House Airport. (more…)

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Celebrating 25 Years: Otumfuo Osei Tutu II’s Reign

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Celebrating 25 Years: Otumfuo Osei Tutu II's Reign

Today marks the 25th anniversary of Otumfuo Osei Tutu II’s reign as the Asantehene, the King of the Ashanti Kingdom.

The celebrations, which began with spectacular fireworks witnessed by Otumfuo himself, will culminate in the Silver Jubilee anniversary on Akwasidaekese on June 12 at Dwabrem, Manhyia Palace.

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This milestone is a testament to Otumfuo’s impactful leadership, dedication to the Asante people, and contributions to education and research as the Chancellor of KNUST.

The event is being celebrated across Ghana, with well-wishes and congratulations pouring in from various quarters, highlighting the significance of this occasion for Asanteman and Ghana as a whole.

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Mr. Beast in Ghana: Surprising Visit Sparks Excitement

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Mr. Beast

World-renowned YouTuber Mr. Beast, known for his philanthropic acts, has been spotted in Ghana, specifically in Accra and Tema, sparking excitement among locals.

His visit has led to discussions about his choice of Ghana over other African countries, with some suggesting that the country’s popularity as a tourist destination played a role.

Mr. Beast’s presence in Ghana is part of his global outreach, as he recently gifted a Ghanaian $25,000 as part of his X (Twitter) giveaway.

Read Also: Producers of 'Beast of No Nation' return to filming in Ghana, causing upset in parliament

The YouTuber has been seen exploring the country and interacting with locals, with many expressing their desire to meet him and participate in his charitable endeavors.

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Stephen Appiah to contest John Dumelo and Lydia Alhassan in MP race for Ayawaso West Wuogon

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Stephen Appiah to contest John Dumelo and Lydia Alhassan

Former Black Stars captain Stephen Appiah is set to enter the political fray by rubbing shoulders with notable personalities in the upcoming general elections.

The former Juventus midfielder is believed to be lacing his boots to face the likes of John Dumelo and the incumbent member of Parliament for the Ayawaso West Wuogon Constituency Lydia Alhassan.

While Dumelo and Alhassan represents the NDC and NPP respectively, Appiah is expected feature in the elections as an independent candidate.

This was revealed by the Spokesperson of the Ayew family Fiifi Tackie via X on Friday afternoon.

“Stephen Appiah to contest Ayawaso West Wuogon constituency as an independent Parliamentary candidate,” he wrote.

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If Stephen Appiah affirms the reported news, he will be following in the footsteps of other renowned figures in Ghana football who have indulged in politics recently.

Earlier this year, all-time top scorer of the Black Stars Asamoah Gyan was appointed as the sub-committee chair of Youth and Sports in the campaign committee of Dr Bawumia, the flagbearer of the ruling New Patriotic Party.

In acceptance of the appointment, Gyan emphasised the need to share hos ideas garnered through experience in the game.

Anas took $100,000 to stop documentary release – Kwesi Nyantakyi
‘I have enough experience to contribute to sports – Asamoah Gyan reacts to political appointment
“I always ask myself, how do we create change if we don’t want to change? How do we spectate without being on the bench, and how do we score without being on the field?… All I know and will ever know, all I love and will ever love is SPORTS.” he stated.

Another figure in Ghana football who recently announced his intention to engage in partisan politics is Kwesi Nyantakyi, former Ghana Football Association (GFA).

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The former football administrator showed up as one of the candidates to contest in the NPP primaries for the Ejisu constituency following the demise of incumbent John Kumah.

However, it didn’t pan out well for the former Wa All Stars owner as he lost disappointingly.

He garnered a paltry 35 votes after close to 1,081 delegates had cast their votes in the parliamentary primary of the New Patriotic Party (NPP) held in the Ejisu Constituency on April 13.

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Rebecca Osam: A Champion for Women’s Empowerment in Africa

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In a heartfelt social media post, Rebecca Osam, Managing Director of Reflo Company Limited, Reflo’s TV, and Femme Fatale Productions Limited, has pledged her full commitment to empowering young women.

Rebecca expressed her desire to move beyond mere inspiration and instead build a deeper connection with young women, offering guidance and support to help them achieve their goals.

Her passion for women’s empowerment stems from her experiences growing up in Africa, where she witnessed firsthand the oppression and lack of opportunities faced by women. This drove her to co-found The Florence Mensah Foundation with her mother, aiming to empower African women and girls, and encourage them to recognise their worth, strength, and potential.

Through her foundation and personal endeavors, Rebecca seeks to provide a supportive platform for young women to thrive. She aims to be a relatable figure, offering mentorship and encouragement to help them overcome challenges and achieve success on their own terms.

Rebecca’s dedication to empowering young women proves her leadership and commitment to creating positive change in her community. Her efforts serve as an inspiration to others, highlighting the impact one person can have in driving gender equality and women’s empowerment.

As Rebecca continues her work, her message resonates with young women across Africa: “Anything is possible, and I am here to support and cheer you on every step of the way.”

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Caradise Ghana Car Rental Facilitates Transportation for Global Christian Forum held in Accra

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Caradise Ghana Car Rental has once again successfully facilitated the transportation of over 240 participants from 60 countries across the globe for the recently ended Global Christian Forum in Accra, Ghana.

Numerous buses hauled the various participants from the Airport to their designated hotels from the 12th to 15th of April, 2024. Participants were then transported from their hotels to the conference grounds daily for the gathering of devoted Christians from the 16th to the 19th of April, 2024.

The forum began with a vibrant, joyful worship service held at Accra Ridge Church. The Rev. Dr. Casely Essamuah welcomed participants to Ghana and to the Fourth Global Gathering, and participants spent the day sharing their faith stories with one another across the litany of differences represented. 

The forum was climaxed with a dinner and 25th anniversary celebration at the Action Chapel Internation Church hosted by Archbishop Nicholas Duncan-Williams.

After the forum, the participants took the opportunity to visit the Kwame Nkrumah Memorial Park and Mausoleum where they learnt about the great Pan-Africanist, Osagyefo Dr. Kwame Nkrumah and Ghana’s journey to inpendence.

The participants also spent a day in Cape Coast where they learnt about the millions of enslaved, dehumanised African men, women, and children at the Cape Coast Castle. Witnessing first hand how Africans were forcibly taken captive to the Americas, Caribbean, and Europe as objects of lucrative trade.

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