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World Bank Sees ‘Transformational’ Offshore Wind Potential in Emerging Markets
A report from World Bank, Going global: expanding offshore wind to emerging markets, finds that the technical potential for offshore wind in Brazil, India, Morocco, the Philippines, South Africa, Sri Lanka, Turkey and Vietnam is absolutely huge.
- Categories
- Energy
- Tags
- renewable energy
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Unite Behind the Science: When it Comes to Cooking, it’s Time for ‘Clean’ to Mean Something
Nearly 3 billion people still live in homes where someone burns sticks, charcoal or dung to cook, devastating their health, their local environments and the climate. Yet thousands of projects have failed to deliver truly clean cooking to the masses, doing a disservice to customers and damaging the sector's credibility with funders. Eric Reynolds, CEO of the cookstove company Inyenyeri, argues that there's only one way to turn this around: "deliver dramatically improved outcomes, and be able to prove it." He outlines a straightforward way the industry can make that happen.
- Categories
- Energy, Environment, Health Care, Social Enterprise
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Tata, Rockefeller Foundation Plan 10,000 India Microgrids
Tata Power Co. Ltd., in collaboration with the Rockefeller Foundation, plans to develop 10,000 microgrids in India to boost access to affordable and reliable electricity to homes and enterprises across the nation’s vast rural areas.
- Categories
- Energy, Technology
- Region
- South Asia
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Too Risky for the Crowd? Assessing the Potential of Crowdfunding for Energy Access
Crowdfunding raised $77 million for energy access between 2015 and the end of June 2019 – and the industry is on pace to generate over $200 million in crowdsourced financing by 2020. But despite this growth, Davinia Cogan at Energy 4 Impact points out that crowdfunding remains on the periphery of discussions about energy access finance. With the sector's estimated $33 billion in commercial capital needs, she explores whether – and how – the crowd can be part of the financing mix.
- Tags
- crowdfunding, energy access, SDGs
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From Early Adopters to Tech Laggards: Understanding Off-Grid Energy Customers
The team at 60 Decibels recently set out to understand the motivations of customers served by off-grid energy firms in Africa. Researchers quizzed customers in Kenya, Nigeria, Sierra Leone, Tanzania, Uganda and Zambia about their attitudes and behaviours toward new products to find out who were the early innovators, early adopters or tech laggards. Kat Harrison and Hassan Nasser of 60 Decibels explain the research and how firms can convert ambivalent customers into product ambassadors.
- Categories
- Energy, Environment, Impact Assessment, Technology
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A New How-To Guide Chronicles Food and Water Innovators
It's challenging enough to start a business in mature markets, but just try running one in a rural community in a developing country with poor roads and customers who can't pay you. “Innovator Guidebook: Navigating Business Models for the Base of the Pyramid in Water and Energy for Food," highlights lessons from innovators funded by the five-year Securing Water for Food Grand Challenge. The online resource was unveiled today at SOCAP.
- Categories
- Agriculture, Education, Energy, Technology
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Press Release: Clean Energy Ventures Launches $110 Million Early-Stage Venture Fund for Clean Energy Innovation
Clean Energy Ventures (CEV), an investor in early-stage advanced energy start-ups, today announced the close of its first fund. The $110 million Clean Energy Venture Fund targets the current capital gap for seed and early-stage investments in promising advanced energy innovations. CEV will focus on technologies and business model innovations in the U.S. and Canada that are ready to be scaled and commercialized, and that have the potential to significantly mitigate global greenhouse gas emissions.
- Categories
- Energy
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Press Release: VentureBuilder Launches Innovative Approach to Support Indigenous Off-Grid Solar Companies in Africa
Mandated with expanding energy access to underserved populations in Africa, VentureBuilder’s launch will enable it to pioneer a new investment model that provides ‘patient’ early-stage capital to its local partners across Africa, combined with a specialized suite of technical expertise that will accelerate each partner’s path to scale.
- Categories
- Energy
- Region
- Sub-Saharan Africa