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Press Release: Amped Innovation Closes Series A Funding of More Than $3 Million
This financing accelerates Amped’s ability to bring high-quality, affordable solar-powered appliances to market, serving growing demands from energy distribution companies, utilities and mini- and micro-grid providers for better power solutions.
- Categories
- Energy
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Amped Innovation Closes Series A Funding of More Than $3 Million
Amped Innovation, a designer and manufacturer of solar-powered appliances and solar energy generation and management equipment, announced today that it has closed Series A equity funding totaling more than $3.3 million. The funding round was led by ENGIE Rassembleurs d’Energies with participation from existing seed investors Schneider Electric Ventures and FINCA Ventures, as well as other impact-aligned investors. This financing accelerates Amped’s ability to bring high-quality, affordable solar-powered appliances to market, serving growing demands from energy distribution companies, utilities and mini- and micro-grid providers for better power solutions.
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- Press Release
- Region
- Sub-Saharan Africa
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France, Netherlands, Uk Commit US$350m to Emerging Solar and Storage
A handful of European states have moved to bankroll various World Bank clean energy initiatives, with US$100 million of French and Dutch money set to back PV in Sub-Saharan Africa.
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- Energy
- Region
- Europe & Eurasia
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Climate Capitalists Have Serious Money in Climate-Friendly Investments
All want to do good by the planet. Most expect to do well for themselves.
- Categories
- Energy, Environment
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Jeff Bezos Unveils Sweeping Plan to Tackle Climate Change
Bezos expects 80% of Amazon’s energy use to come from renewable sources by 2024, before transitioning to zero emissions by 2030.
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- Energy, Environment
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Report: Solar Boosting Economic Prospects for Rural East Africans
New report from GOGLA, the global association for the off-grid solar energy industry, shows an overwhelming majority (94%) of people living with off-grid solar home systems reporting improvements to their quality of life
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Global Renewable Energy Initiative Aims to Bring a Billion People in From the Dark
Worldwide commission aims to end energy poverty in sub-Saharan Africa and south Asia by driving investment in new technology.
- Categories
- Energy
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Lifting the Lid on Mexico’s Off-Grid Opportunity
The company manages around 2.5 megawatts of off-grid solar capacity on behalf of customers who earn an average of just 2,450 pesos (around $125) a month and who in 90 percent of cases don’t have a grid connection for at least a kilometer.
- Categories
- Energy
- Region
- Latin America
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@NextBillion (link opens in a new window)
Large-scale transformation is needed to achieve the #SustainableDevelopment (link opens in a new window) Goals – but society has taken only meag… https://t.co/ziFWfq5JDF (link opens in a new window) -
@NextBillion (link opens in a new window)
Paul Polak, founder of numerous orgs and businesses focused on #PovertyAlleviation (link opens in a new window), served as a source of wisdom, i… https://t.co/8poIonSdMI (link opens in a new window) -
@NextBillion (link opens in a new window)
News via @TechRepublic (link opens in a new window): @HP (link opens in a new window) and @girlrising (link opens in a new window) Debut Education Program for 10 Million Students and Teachers in US, Ind… https://t.co/0YaddZjio4 (link opens in a new window)
