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EIB Grants €300 Million to Banco Santander Brasil for Small-Scale Solar Energy Investments
The project is part of the European Union's Global Gateway investment strategy supporting infrastructure development.
- Categories
- Energy
- Region
- Latin America
- Tags
- climate change, scale, solar
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Press Release: African and Global Institutional Investors Sign On to New $500 Million Infrastructure Fund
The fund will catalyse further investment flows to the development of critical infrastructure across the African continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- accelerators, infrastructure, scale
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Making a Successful Business Pivot During the Energy Transition: Three Lessons from an Auto Supplier Diversifying into Renewables
As efforts to decarbonize the world’s energy systems accelerate, many industries and companies face both new challenges and tremendous opportunity — and the automotive industry is a highly visible proving ground for this shift. Diana Páez and Dana Gorodetsky at the William Davidson Institute explore how Bosal, a global automotive supplier, is leveraging its expertise with internal combustion engine-related products to expand into the renewable energy market, and share some lessons from its evolution that can be valuable to other companies affected by the energy transition.
- Categories
- Energy, Technology, Transportation
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A Blueprint for Productive Use of Clean Energy: An Accelerator in Nigeria Generates Solutions for Linking Mini-Grids to Agricultural Equipment in Rural Communities
There are over 70 mini-grids operating in Nigeria today, and similar businesses are delivering clean energy in other underserved communities around the world. But as Scarlett Santana at RMI explains, serving these markets presents unique challenges, since if customers lack productive uses for the electricity they sell, mini-grids’ revenue model fails. She explores how mini-grids can address this challenge by partnering with agricultural equipment providers, and discusses an accelerator co-led by RMI that is providing the ecosystem to make these partnerships happen.
- Categories
- Agriculture, Energy, Investing
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Plastic Upcycling Startup Kubik Closes $3.34 Million Seed to Scale Production in Ethiopia
The amount of plastic waste produced globally is on track to triple to over 1,000 million tons by 2060.
- Categories
- Technology, WASH
- Region
- Sub-Saharan Africa
- Tags
- circular economy, housing, scale, startups, waste
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Press Release: DFC Announces Support for Energy and Health Projects in India
U.S International Development Finance Corporation (DFC) announced two projects expanding its sustained commitment to investing in India’s private sector and deepening the economic ties between the two countries.
- Categories
- Energy, Health Care, Technology
- Region
- Asia Pacific
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Accelerating Social Unicorns: How an Impact Accelerator is Supporting the Innovators Who are Tackling the World’s Biggest Problems
The holy grail in venture capital is to invest in a “unicorn” — a startup that achieves a valuation of over $1 billion. But as Leslie Labruto at 100x Impact Accelerator explains, this approach overlooks the businesses and organizations that are tackling pressing societal issues at scale. She argues that it’s time to shift the focus to "social unicorns" that aim to make a massive positive social impact, and explores three keys to these enterprises' success.
- Categories
- Investing, Social Enterprise
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Paygo Solar Startup Yellow Raises $14 Million to Scale in Africa
Following the new funding, Yellow plans to deepen its reach in its current markets Malawi, Rwanda, Uganda, Zambia, and Madagascar.
- Region
- Sub-Saharan Africa