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Press release: €1 million crowd funded in record time for off-grid solar
TRINE and BBOXX launched its first of six crowdfunding rounds on 10 February. The €1 million target was hit on 9 March, making it the fastest fundraise of debt finance ever in the industry. The loan will be disbursed at the beginning of April and enable BBOXX to scale up its operations in Kenya.
- Source
- Press release
- Categories
- Energy
- Region
- Sub-Saharan Africa
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France’s Macron pledges €700 million for solar projects in developing countries
French President Emmanuel Macron on Sunday pledged hundreds of millions of dollars for solar projects in developing countries, as world leaders met in India to promote greater investment in renewable energy.
- Categories
- Energy
- Region
- Europe & Eurasia
- Tags
- renewable energy
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Asian Development Bank, International Solar Alliance sign pact to promote solar energy
The cooperation envisages solar power generation, solar based mini-grids, and transmission systems for integrating solar energy into grids, among others.
- Categories
- Energy
- Region
- Asia Pacific
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Mastercard, M-Kopa enter pilot pay-as-you-go solar partnership in Africa
M-Kopa Solar makes solar home systems affordable to low-income off-grid households on a pay-as-you-go installment plan. Its customers get power on daily mobile money payment plans and the cost is lower than that of kerosene fuel.
- Region
- Sub-Saharan Africa
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‘Eye-opening’ Impact Assessment: How Benchmarks Can Boost Social and Business Outcomes
For the last ten years, Acumen has been investing in off-grid energy companies in the developing world. In its new Energy Impact Report, the impact investing nonprofit talked directly to thousands of customers about their experiences - good and bad - with these companies’ energy products. Acumen's Kat Harrison discusses the survey's revealing results.
- Categories
- Energy, Impact Assessment, Investing
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To ethically mine crypto we need to use renewable energy
Blockchain technology and its most popular cryptocurrency, bitcoin, have been called of equal importance to the internet, capable of transforming businesses, government, and social interaction: the entire fabric of modern society.
- Categories
- Energy, Finance, Technology
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Tata Trusts launches energy innovation challenge
Tata Trusts’s Social Alpha Energy Challenge aims to discover next-gen technology innovations that promise to unlock new solutions to India’s energy challenges.
- Categories
- Energy
- Region
- South Asia
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Solar power pay-as-you-go projects in Africa are getting major funding
Services that allow customers to pay for solar equipment and service in small installments have picked up momentum in the past couple of years, particularly in East Africa. Two firms that supply solar power products with pay-as-you-go products have raised a total of $75 million in financing this month to back up that long-held vision.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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