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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
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Solar Power Provider Seeks $100 Million for Nigeria Expansion
WATT Renewable Corp aims to raise as much as $100-million by the end of 2024 to expand its business of providing solar power.
- Categories
- Energy, Investing, Telecommunications
- Region
- Sub-Saharan Africa
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BlackRock Eyes $7 Billion for New Global Renewable Power Fund
The world's biggest asset manager BlackRock said it hopes to raise up to $7 billion for its fourth Global Renewable Power Fund as clients ramp up climate-friendly investments.
- Categories
- Energy, Technology
- Region
- Global
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Electric Vehicle Financing Startup RevFin Raises $5 Million in Debt
Revfin last raised $10 million in a Series A funding round in October 2022 from Green Frontier Capital and LC Nueva Investment Partners.
- Categories
- Energy, Finance, Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, fintech, startups
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Inter-American Development Bank Approves $400 Million Loan to Develop Chile’s Green Hydrogen Industry
Green hydrogen is made using renewable energy to split water by electrolysis, without producing greenhouse gases.
- Categories
- Energy, Environment, Investing
- Region
- Latin America
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Nigeria’s BUA Gets $500 Million Funding to Develop New Cement Lines
The funding would help the company part-finance and develop two new, energy-efficient cement production lines at its plant in Sokoto state.
- Categories
- Energy, Investing, Technology, WASH
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, renewable energy, solar, waste
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Press Release: Sistema.bio Inaugurates ‘World’s Largest Manufacturing Facility for Biogas Plants’ in India
The launch of the world's largest biodigester manufacturing facility marks a significant milestone in the sustainable energy landscape.
- Categories
- Agriculture, Energy, Social Enterprise, Technology
- Region
- Asia Pacific
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