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Husk Power Systems raises $5 million for expansion
Husk Power Systems, a Bihar-based company that runs micro power plants on agricultural waste, has raised Series A equity financing of $5 million (Rs 27 crore) from co-investors Bamboo Finance, Acumen Fund, and LGT Venture Philanthropy.
- Categories
- Energy, Environment
- Region
- South Asia
- Tags
- impact investing
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‘Over 60 percent of land projected to become urban by 2030 yet to be built’
Global urbanisation will have significant implications for biodiversity and ecosystems if current trends continue, with knock-on effects for human health and development, observes a new assessment by the United Nations Convention on Biological Diversity (CBD).
- Categories
- Energy, Environment, Health Care
- Region
- South Asia
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Uncorking Bottled Light: A Study In Energy Access, Acceptance: A pilot project is testing solar ‘bottle’ lamps to curb illegal energy usage
Traditionally, slum dwellings are dark, one-room structures with no window or passage through which sunlight can enter. As a consequence, slum residents end up using illegal electricity lines to power light bulbs in their homes. In Dhaka, this illegal consumption amounts to approximately 275MW of electricity per year. Sajid Iqbal, a budding entrepreneur and environmental science and management student, sees a market opportunity.
- Categories
- Energy
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Off the Grid Solutions in Mobile, Solar Schools: Four mini case studies of business, nonprofit, CSR, models
Beep beep! For some students, hopping on the school bus is hopping into the classroom. Four communities are using solar-powered mobile classrooms to overcome inaccessibility to the power grid.
- Categories
- Education, Energy, Impact Assessment
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Weekly Roundup: E+Co’s Slow Burn and What it Means for Impact Investing
E+Co’s effective demise raises questions beyond those of the immediate management, governance, due diligence and investment squabbles. Those factors are relevant of course, but the central point illustrated by the E+Co story is what it means for the impact investing sector writ large.
- Categories
- Energy
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‘The potential is big,’ says green energy entrepreneur
Socially and environmentally conscious entrepreneur Mshinwa Edith Banzi is the founder of Illumination East Africa (iEA), a Tanzanian-based company that offers affordable solar chargeable LED lamps to predominantly low income earners. These lights have a battery life of between 18-24 months and batteries can be replaced thereafter.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
- Tags
- solar
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FEATURED EVENT: Adapting Scalable Clean Technologies for Bottom of the Pyramid Markets: It’s one of many key discussions at Columbia Business School’s 2012 Social Enterprise Conference
Despite the massive increases in capacity and subsequent subsidy cuts driving solar module prices down they’re still not cheap enough for developing countries. But with innovative business solutions these new technologies can become economically viable in BoP markets.
- Categories
- Energy, Technology
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Solar lighting: Lighting the way
Energy technology: Cheaper and better solar-powered electric lights promise to do away with kerosene-fuelled lanterns
- Categories
- Energy, Environment, Technology
- Tags
- poverty alleviation, solar
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