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After $19M equity round, Kenya’s M-Kopa is set to deliver solar power to a million homes
This month the company closed a $19 million financing round led by Generation Investment Management, and revealed plans to reach one million homes in East Africa by the end of 2017.
- Region
- Sub-Saharan Africa
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New Microfinance Initiative to Bring First ‘Lease to Purchase’ Sustainable Energy Product to Somalia
Dahabshiil Group showcase sustainable 'green microfinancing' initiatives to foster economic and social development across Somali region.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
- Tags
- microfinance, solar
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Elon Musk: Only a Carbon Tax Will Accelerate the World’s Exit from Fossil Fuels
His message: only a carbon tax—not innovation, conservation, or renewable energy—will accelerate the transition from carbon-producing fossil fuels to sustainable energy.
- Categories
- Energy, Environment
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World Bank, IFC Unveil Off-Grid Lighting Solution for Nigeria
The World Bank and the International Finance Corporation (IFC) have unveiled an off-grid solar power solution for Nigeria tagged Lighting Africa.
- Categories
- Energy, Health Care
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, solar
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UMass Foundation to Divest from Investments in Coal Companies
Continuing the University of Massachusetts community’s leadership on climate change, the UMass Foundation announced today that it will divest from direct investments in coal companies. The Foundation also said that it will continue to evaluate ways to manage the endowment in a manner that promotes both environmental sustainability and socially responsible investing. The Foundation oversees $770M in endowment assets for the UMass System.
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Viewpoint: How Social Entrepreneurs Can Bolster Climate Resilience
As the United Nations Climate Change Conference in Paris convenes, it’s impossible to underestimate the importance of government policy-level agreements on climate change. The world’s poor communities — whose lives and livelihoods are tied most directly to local natural resources — are already feeling the impact of climate change. They are suffering now from diminished access to energy and clean water, food deprivation, deforestation and other habitat loss, the spread of tropical diseases, and other threats to their health and livelihoods.
- Categories
- Energy, Environment
- Tags
- climate change
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Uruguay makes dramatic shift to nearly 95% electricity from clean energy
In less than 10 years the country has slashed its carbon footprint and lowered electricity costs, without government subsidies. Delegates at the Paris summit can learn much from its success.
- Categories
- Energy, Environment
- Region
- Latin America
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Billionaires Launch a Massive Clean Energy Fund, but Can the World Wait for Its Breakthroughs?
Here's some terrific news for early-stage energy entrepreneurs everywhere: a powerful group of investors wants to invest in your ideas.
- Categories
- Energy