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South Africa Energy Startup Wetility Raises $27.8 Million Funding to Solar Power Thousands of Homes
South African solar-as-a-service provider Wetility has secured a ZAR500 million (US$27.8 million) structured capital partnership with Jaltech, a leading funder of solar energy projects, to help provide clean, reliable, and cost-effective solar energy to over one million homes and businesses across the country.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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SEC Drops Proposed Anti-Greenwashing Fund Disclosure Rules
"The announcement marks the latest in a series of moves shifting the SEC away from Gensler’s climate and ESG-focus since the former Chair’s resignation from the Commission . . ."
- Categories
- Energy, Environment
- Region
- North America
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CLASP and GEAPP Expand Access to Affordable, Energy-efficient Appliances in Africa
CLASP and GEAPP scale up their innovative financing program to support more African businesses and farmers with affordable, energy-efficient appliances.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Acumen Invests $1 Million in Somalia’s KIMS to Grow Off-Grid Solar
"Sharia-compliant solar financing to boost energy access in Somalia."
- Region
- Sub-Saharan Africa
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CrossBoundary Access and ANKA Announce $20 Million Mini-Grid Partnership in Madagascar
"This partnership will connect over 62,000 Malagasy people to electricity by 2026."
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Kenyan Startup Solar Panda Acquires Zambian Solar Firm In Expansion Move
"The acquisition adds more than 100,000 customers to Solar Panda’s portfolio and expands its operations beyond Kenya and Senegal."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Zero Carbon Charge Secures $5.6 Million to Expand Solar EV Charging Network in South Africa
"The investment will support the company’s efforts to build a national network of solar-powered, ultra-fast electric vehicle (EV) charging stations positioned every 150 kilometres along the country’s major roads."
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, infrastructure, solar, startups
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Africa Can Unlock $4 Trillion to Finance Vital Infrastructure: Report
"Some of Africa’s most crucial infrastructure needs are in the energy sector where 16 gigawatts need to be added annually by 2050. . ."
- Region
- Sub-Saharan Africa
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