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Weekly Roundup – 12-14-13: Is wishful thinking sustaining or stopping global development?
In this week’s roundup, a $64 million (plus) year for off-grid solar investments in developing markets, the inspirational story behind Doorways to Dreams, and The New Republic essay that wants to put an end to wishful (scalable) thinking in development.
- Categories
- Energy
- Tags
- impact investing, savings, solar
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Off-Grid Solar Companies Closed $64M in 2014: The Start of a Bigger Trend?
Early-stage investments in off-grid solar companies operating in developing countries reached $63.9 million in 2014, according to a tally from Greentech Media.
- Categories
- Energy, Impact Assessment
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Dubai-Based Social Enterprise Shines Bright For Africa
It started with a plea to help 60,000 orphans in the company’s care.The children, who were being looked after in Zimbabwean orphanages set up by the telecoms operator Econet Wireless, could not study at night because there was no power and lighting, and many were getting sick from breathing in the chemicals emitted from candles.
- Categories
- Energy
- Region
- North Africa & Near East
- Tags
- financial inclusion, solar
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PRESS RELEASE Bank of America Partners with Global Alliance for Clean Cookstoves
Bank of America today announced a partnership with the Global Alliance for Clean Cookstoves (GACC) to raise $100 million to help provide clean cooking solutions to millions of households in the developing world.
- Categories
- Energy
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10 Things You Need To Know About Social And Environmental Investing
Responsible investing has undergone a radical shift, investors are demanding more of their financial advisors, and regulators are struggling to keep up, say experts.
- Categories
- Energy, Environment, Impact Assessment
- Tags
- impact investing
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SunFunder Completes New Round Of Funding
SunFunder, the US crowdfunding company dedicated to funding off-grid solar projects in developing countries, announced Wednesday that it had completed its Series A equity round of funding, raising $2.5 million. The announcement came following investments from Schneider Electric, Better Ventures, and a private family foundation based in Palo Alto. This latest announcement follows on from an original Series A investment made by Khosla Impact and a group of existing angel investors.
- Tags
- crowdfunding, solar, venture capital
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Bangladesh installs 3 million residential solar systems
Bangladesh’s Infrastructure Development Company Ltd (Idcol) last week marked the installation of 3 million residential solar systems in the country.According to Bangladeshi newspaper The Daily Star, the 3 million systems installed under the Idcol program in off-grid areas have a combined capacity of 135 MW.
- Categories
- Energy
- Region
- South Asia
- Tags
- solar
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NexThought Monday – Social Enterprise Startup Lessons from Burkina Faso: Doing business at the bottom of the World Bank’s ‘Doing Business Index’
Social enterprises are tackling the most challenging problems facing the BoP, but, in truth, we have not fully developed specific strategies or approaches for BoP-oriented start-ups in those crucial early months, writes Andrew Lala, co-founder of startup Clair de Lune. He offers several lessons from his social enterprise’s first three months on the ground in the heart of West Africa.
- Categories
- Energy
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