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Can renewable power offset bitcoin’s massive energy demands?
“You need cheap energy to fuel your hardware,” says HydroMiner’s co-founder and CEO Nadine Damblon. By setting up shop next to where the electricity is produced, the start-up is able to pay only 4 to 6 euro cents per kW, racking up over $300,000 in profits every month. “Hydropower is the best renewable energy we could find,” Damblon says.
- Categories
- Energy
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Wind is now the cheapest source of clean energy in India
The crash in tariffs comes at the heels of a recent announcement by the Narendra Modi government that resurrected the Indian wind power market after nearly a year of stagnation. The country’s power ministry announced a slew of guidelines for state electricity utilities that want to procure wind power from independent producers.
- Categories
- Energy
- Region
- South Asia
- Tags
- renewable energy
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Wind is now the cheapest source of clean energy in India
The crash in tariffs comes at the heels of a recent announcement by the Narendra Modi government that resurrected the Indian wind power market after nearly a year of stagnation. The country’s power ministry announced a slew of guidelines for state electricity utilities that want to procure wind power from independent producers.
- Categories
- Energy
- Region
- South Asia
- Tags
- renewable energy
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What was the Most Influential NextBillion Post of 2017? Vote for Your Favorite
“Fast away the old year passes.” That lyric from “Deck the Halls” always hits home this time of year – and in 2017, it resonates particularly strongly. Across the social sectors, the year often felt like a race against time (or against competing societal forces) and many of our most popular posts reflect that sense of urgency. Here are the most influential posts from the last twelve months, one from each month, in our sixth annual holiday contest. Vote early, vote often.
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There is Such a Thing as Too Much, Too Fast: Avoiding ‘Mismatched Expectations’ in Off-Grid Energy Investing
A recent post by impact investing firm Ceniarth on the "Energy Access Hype Cycle" has generated considerable discussion, prompting critical responses from fellow impact investors Persistent Energy Capital and the off-grid lighting trade organization GOGLA. With this post, writers at the IFC join the discussion, analyzing the effect of rapid growth rates, high levels of consumer financing and operational efficiency on the liquidity of solar home system providers.
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- Energy, Investing, Technology
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Press release: IEEE Awards $1.2 Million for Off-Grid Energy Entrepreneurs
IEEE, the world's largest technical professional organization advancing technology for humanity, announced that IEEE Smart Village (ISV) has granted $1.2 million in new funds for selected sustainable energy projects with a potential life-changing impact on up to seven million people around the world.
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- Energy, Technology
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The Pope Wants Vatican Startups to Fix Climate Change
A year ago, venture capitalists Stephen Forte of Fresco Capital Fund and Eric Harr of Imagine Ventures -- both based in California -- asked the Vatican to back a technology competition among startups addressing climate change, energy and managing resources.
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- Energy, Technology
- Region
- Europe & Eurasia
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- climate change
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Hope is the Face of Financial Inclusion: See the winners of CGAP’s 2017 photo contest
A picture tells a thousand words and CGAP's 2017 photo contest yielded more than 3,000 entries from photographers in 76 countries, each telling a personal story of resilience. This year CGAP put out the call for images illustrating the economic lives of poor people and the impact that financial services can have. Explore the winners and discover the powerful stories behind them.
- Categories
- Agriculture, Energy, Environment, Finance, Technology
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