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India-Led Alliance Set to Fund Solar Projects in Africa in a Boost to the Energy Transition
Global investment in solar energy surpassed $300 billion in 2022, but only 15% of that went to developing countries, according to an ISA report.
- Categories
- Energy, Investing, Technology
- Region
- Global
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New Solar Mini-Grids in Africa to Be Powered by Husk Power Systems’ $103 Million Series D
The capital injection includes $43 million in equity, which Husk Power describes as the largest-ever raise of its kind in the mini-grid industry.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Orange Partners with Koolboks to Provide Refrigeration Solutions in 12 African Countries
Koolboks solar freezers will be first marketed in the Democratic Republic of Congo and soon in the 11 other countries where Orange Energies is deployed.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Agricultural Insurance + Energy Access: An Innovative Pilot Program Reveals the Value of Bundled Services — And the Need for Cross-Sector Partnerships
As the world works to achieve SDG7, it's becoming clear that cross-sector partnerships will be key to meeting its goal of affordable, sustainable energy for all by 2030. Anshul Patel at Bboxx — a leading distributor of pay-as-you-go solar energy products — shares learnings from the company's recent partnership with Pula, an agri-insurance technology firm, which insured Bboxx customers against the climate-related crop failures that can lead to payment defaults and repossession of their energy products.
- Categories
- Agriculture, Energy, Finance, Technology
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Successful Pilot Shows Localised Repair as Viable Solution to 91% Of Non-functioning Solar Lights Across Zambia
In their pilot programme, SolarAid tested decentralised local repair models, which they discovered built trust in the rural communities and further benefited local business and speed of repair.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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What’s the Most Efficient Way to Deploy Mini-Grid Distribution Infrastructure?: A Study Assesses Different Approaches — And Finds a Clear Winner
Mini-grids have emerged as a viable technology to accelerate energy access in sub-Saharan Africa, but if they hope to become commercially sustainable, their profitability and distribution infrastructure must improve. Tombo Banda, Charles Sweetland and Faisal Olanipekun at CrossBoundary share the preliminary results of a Mini-Grid Innovation Lab study that explores the most efficient ways to deploy a distribution grid, highlighting the benefits and challenges of different approaches.
- Categories
- Energy, Technology
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Press Release: Perch Energy Raises $30 Million from Nuveen to Accelerate the Growth of Community Solar & Expand Access to Clean Energy Savings for All
Nuveen will leverage its impact investing expertise and affordable housing portfolio to further position Perch, the largest pure play community solar servicer.
- Categories
- Agriculture, Environment, Investing, Technology
- Region
- Global
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Nigerian Company WATT Raises $13 Million Funding to Advance Renewable Energy Solutions
The US$13 million funding came from Empower New Energy, a renewable energy financier and co-developer that finances, builds and owns clean power plants for commercial, industrial and agricultural energy users.
- Categories
- Energy, Telecommunications
- Region
- Sub-Saharan Africa