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Indonesian EV Battery Startup Swap Energy Raises $7.2 Million
Indonesia-based Swap Energy has raised about $7.2 million in a pre-Series A funding.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
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Africa Data Centres Signs 20-Year Solar Energy Partnership With Distributed Power Africa
Distributed Power Africa will supply 12MW of renewable solar energy for Africa Data Centres facilities in South Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- data, energy access, innovation, renewable energy, solar
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Senegal Cement Giant Secures €242 Million From IFC
The International Finance Corporation (IFC) has provided €242m in financing for Sococim Industries, Senegal's leading cement producer, to build a new production line at its Rufisque cement plant and reduce its carbon footprint.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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Malaysia’s Blueshark Launches Initiative to Accelerate Electric Motorcycles Adoption and Development
Malaysia Electric Vehicle Empowerment (MyEVE) has been created to accelerate the adoption and development of electric motorcycles in Malaysia.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
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Nigeria Begins Work on Solar Cell Production Factory to Boost Power Supply
Work has begun in Nigeria on the construction of a solar-cell production factory aimed at increasing power supply in the West African country.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Press Release: ENGIE & ATEC Sign Landmark Multi-Country Digital MRV Carbon Credit Agreement
The first major deal signed under Gold Standard’s new metered methodology.
- Categories
- Energy, Impact Assessment, Technology
- Region
- Asia Pacific
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Outgrowing the Flower Pot: Why Just Selling Productive Equipment to Smallholder Farmers is Not Enough
A new wave of companies are bringing equipment powered by renewable, decentralized energy to smallholders, and these devices can significantly boost farmers' yields and product quality. But as Daniel Waldron, Christopher Emmott, Priyanka Dudeja, Paraag Sabhlok and Chris Wayne at Acumen explain, just like a tree growing in a flower pot, this new growth can become a burden if it has nowhere to go. They argue that productive equipment must be combined with market access interventions to truly benefit smallholders, and highlight two innovative companies that are demonstrating the impact of this approach.
- Categories
- Agriculture, Energy, Investing, Social Enterprise, Technology
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OPEC Fund Okays $300 Million for Funding Climate Action Plan
The OPEC Fund for International Development (the OPEC Fund) has approved more than $300 million in new financing in the first quarter of 2023 for funding Climate Action Plan.
- Categories
- Energy, Environment, Technology
- Region
- Global