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Acumen Joins Power Africa’s Beyond the Grid as Founding Partner
Acumen is proud to be a founding partner of Beyond the Grid, an innovative framework under President Obama’s Power Africa initiative to increase energy access for underserved populations across sub-Saharan Africa. Beyond the Grid will leverage partnerships with investors and practitioners committing to invest over $1 billion into off-grid and small scale solutions for this underserved market.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
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Africa: Private Capital Fuels Power Production – U.S. Energy Secretary Moniz
The theme of the energy ministerial is 'Catalyzing Sustainable Energy Growth in Africa'. The 'Electrify Africa' legislation sponsored by Republican Representative Ed Royce, with 117 bipartisan cosponsors, calls for a comprehensive U.S. policy to promote more access to electricity across Africa. It passed the U.S. House of Representatives on 8 May and now goes to the Senate for consideration. What can you tell us about it?
- Categories
- Energy, Environment
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A Renewable Proposition (Part 2): Why the sun is shining on West Africa and solar microgrids
This is the second of a two-part article on Persistent Energy Partners (PEP) and its first acquisition in Ghana. In this post, we take a closer look at PEP’s first acquisition and its position in the pay-as-you-go solar sector for low-income markets.
- Categories
- Energy
- Tags
- impact investing, solar
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The importance of energy in improving maternal and child health in Africa
The African Development Bank's (AfDB) Annual Meetings 2014 commenced in Kigali on May 19. A ministerial visit to healthcare centres in a rural area was organised to coincide with this event. The visit highlighted the importance of rural electrification through the use of renewable energy sources.
- Categories
- Energy, Health Care
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A Renewable Proposition (Part 1): Formerly E+Co, Persistent Energy Partners looks to solar horizon
The near collapse of E+Co as non-profit renewable energy impact investor has served as a cautionary tale throughout the impact investment community. Out of its ashes, for-profit Persistent Energy Partners emerged, and made its first acquisition late last year.
- Categories
- Energy, Impact Assessment
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Selling energy as a service meets the poor’s needs and generates profits
Rather than trying to sell energy products with high up-front costs, innovative businesses are selling energy services
- Categories
- Energy
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Canada’s SkyPower In $5bn Deal For Renewable Energy In Nigeria
VENTURES AFRICA – Following an agreement with Delta State, one of Nigeria’s largest oil producing regions, SkyPower, a Canadian power firm focused on solar energy projects, will be investing $5 billion in developing a 3000MW solar-powered electricity facility.
- Categories
- Energy, Environment
- Tags
- renewable energy
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Crowdfunding could break stranglehold of the ‘big six’ energy firms
A new funding stream could fill the gap left by the major banks who are refusing to lend to community energy firms
- Categories
- Energy, Environment
- Tags
- crowdfunding
