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Press Release: IFC Invests in ENGIE’s Decarbonization Program in Chile
This financing will help the company transition to renewable power generation with the installation of Battery Energy Storage Systems (BESS).
- Categories
- Energy, Technology
- Region
- Latin America
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U.S. Launches $7 Billion Program to Bring Solar to Low-Income Households
The Environmental Protection Agency on Wednesday launched a $7 billion competitive grant program that aims to give low-income communities access to residential solar panels.
- Categories
- Energy, Technology
- Region
- North America
- Tags
- renewable energy, solar
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Press Release: Distribution Network Infrastructure Drives Down Capex And Boosts IRR For Mini-Grids, CrossBoundary Mini-Grid Innovation Lab Finds
Analysis of data from 2020 to 2023 shows that the adoption of grid densification positively impacts grid economics, customer acquisition, and grid utilization.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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World Bank Approves Indonesia Loan, Funding for Clean Energy and Health
The World Bank said on Tuesday it had approved a $1.14 billion project to expand access to cleaner electricity in Indonesia.
- Categories
- Energy, Technology
- Region
- South Asia
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A Blueprint for Productive Use of Clean Energy: An Accelerator in Nigeria Generates Solutions for Linking Mini-Grids to Agricultural Equipment in Rural Communities
There are over 70 mini-grids operating in Nigeria today, and similar businesses are delivering clean energy in other underserved communities around the world. But as Scarlett Santana at RMI explains, serving these markets presents unique challenges, since if customers lack productive uses for the electricity they sell, mini-grids’ revenue model fails. She explores how mini-grids can address this challenge by partnering with agricultural equipment providers, and discusses an accelerator co-led by RMI that is providing the ecosystem to make these partnerships happen.
- Categories
- Agriculture, Energy, Investing
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Senegal Secures $2.74 Billion Investment Plan From G8 Member Countries
Senegal's Just Energy Transition Partnership (JETP) agreement aims to achieve 40% renewable energy capacity by 2030, with a draft investment plan underway.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: DFC Announces Support for Energy and Health Projects in India
U.S International Development Finance Corporation (DFC) announced two projects expanding its sustained commitment to investing in India’s private sector and deepening the economic ties between the two countries.
- Categories
- Energy, Health Care, Technology
- Region
- Asia Pacific
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Developing Countries Need €2 Trillion for Clean Energies to Meet Climate Goals
The International Energy Agency (IEA) has said that financing for clean energy in developing and emerging economies – excluding China – must increase seven-fold within a decade if global warming is to be capped at tolerable levels
- Categories
- Energy, Investing, Technology
- Region
- Global