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Analysis: Influence of the COVID-19 Pandemic on Electricity Access
To meet the SDG target of universal access to electricity and regain the lost momentum, off-grid solutions must be embraced in the short term.
- Categories
- Energy
- Region
- Global
- Tags
- energy access, off-grid energy, SDGs
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All On and Katapult Invest $1.4 Million in NXT Grid’s Mini-Grids in Nigeria
Impact investors All On and Katapult Climate are investing $1.4 million in NXT Grid. In Nigeria, the company installs and operates small-scale solar power plants for productive use, powered by artificial intelligence.
- Region
- Sub-Saharan Africa
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Danish Investment Fund Invests $34 Million in CleanMax
The Danish Investment Fund for Developing Countries (IFU) is investing $34 million in CleanMax, a renewable energy company in the commercial and industrial segment in Asia.
- Categories
- Energy
- Region
- Asia Pacific
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African Climate Startups Invited to Apply for Adaptation SME Accelerator Project
Run by Village Capital and The Lightsmith Group, ASAP will accelerate 16 SMEs and startups that are scaling climate adaptation and resilience solutions in Africa and Asia.
- Categories
- Energy, Environment
- Region
- Global
- Tags
- accelerators, climate change, scale, startups
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BMZ, KfW Creating Clean Energy and Energy Inclusion for Africa (CEI Africa) with Goals Including to Enable Diaspora Investments via Crowdfunding
Two German institutions, Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) and KfW, which was formerly known as Kreditanstalt für Wiederaufbau, are launching a foundation called Clean Energy and Energy Inclusion for Africa (CEI Africa).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Report: $1.2 Trillion Needed To Disrupt African Agriculture Through Off-Grid, Renewable Solutions
Zooming in on Africa’s most important sector, which accounts for 75% of rural economic activity, the agriculture value chain represents the most significant opportunity for PUE capital investment.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Asian Development Bank Approves $600 Million Loan To Help PLN Improve Electricity Services in Java Island
The Sustainable and Reliable Energy Access Program will rehabilitate, strengthen, and expand PLN’s power grid and promote clean energy use.
- Categories
- Energy
- Region
- South Asia
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World Bank $150 Million Project To Boost Electrification in Somalia
According to International Development Association, the project will increase access to cleaner, lower-cost electricity for 1.1 million households in Somalia.
- Categories
- Energy
- Region
- North Africa & Near East