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South Africa Launches $1 Billion Dedicated Green Hydrogen Fund
SA-H2 is the second-of-its-kind, blended finance fund for African green hydrogen projects.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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CrossBoundary Energy Raises US $50 Million from FEI to Advance Commercial and Industrial Portfolio Across Africa
CrossBoundary Energy provides tailored, fully financed renewable energy solutions to its corporate customers allowing them to avoid upfront capital expenditure and technical risks.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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India’s Climate-Focused VC Firm Avaana Capital Raises $70 Million
The fund will focus on investments in three sectors - energy transition and resource management; mobility and supply chains; and sustainable agriculture and food systems.
- Categories
- Agriculture, Energy, Environment, Technology, Transportation
- Region
- Asia Pacific
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Press Release: United States Announces $89 Million Award to Advance Access to Clean, Reliable Energy in Sub-Saharan Africa
The Power Africa program will support 10 million on- and off-grid connections for households and businesses in the region.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Paygo Solar Startup Yellow Raises $14 Million to Scale in Africa
Following the new funding, Yellow plans to deepen its reach in its current markets Malawi, Rwanda, Uganda, Zambia, and Madagascar.
- Region
- Sub-Saharan Africa
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Avoiding the Resource Curse: Challenges — And Progress — in Harnessing ‘Green Mineral’ Wealth for the Benefit of Developing Countries
The growth of renewable energy has led to skyrocketing demand for the “green minerals” used in constructing and powering clean energy technologies. But as Leslie Tsai at the Chandler Foundation explains, despite this demand, the countries that are rich in green minerals and other natural resources are often among the poorest in the world — a paradox often called the “resource curse.” She explores how businesses, governments and other key stakeholders can ensure that these countries benefit from their natural resource wealth.
- Categories
- Energy, Technology
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How Innovation Created an Off-Grid Solar Market in Rural Bangladesh — And What Other Countries Can Learn from this Model
In the early 2000s, a small-scale World Bank pilot project in Bangladesh unexpectedly grew into the largest off-grid solar program in the world. According to Nancy Wimmer at microSOLAR, the program's success provided the rest of the world with a model for how low- and middle-income countries can develop a nationwide, rural market for decentralized solar systems driven by home-grown companies. She explores how other countries can adapt Bangladesh’s market-creating innovations to their own local environments.
- Categories
- Energy, Technology
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Engine Maker Cummins to Invest $1 Billion in India
Cummins Group plans to invest $1bn in India over the next decade and recruit 4,000 staff as it shifts from fossil fuel engines to hydrogen and green energy options.
- Categories
- Energy, Investing, Technology, Transportation
- Region
- Asia Pacific