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Press release: Acumen Announces Nearly $70 Million Close of For-Profit Off-Grid Energy Fund through its subsidiary Acumen Capital Partners
KawiSafi aims to deliver clean, affordable energy to 10 million people, at least half of whom live in poverty, and displace more than one million tons of carbon dioxide in the next 10 years, to address energy poverty and help avert the current climate crisis. To date, KawiSafi has invested $21 million to impact 4.3 million people and avert 360 thousand tons of carbon dioxide emissions.
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Here’s why Bill Gates, Jeff Bezos, Jack Ma and other investors are pouring billions into clean-tech ventures
The $1 billion Breakthrough Energy Ventures fund, founded by Gates, Bezos and other philanthropists, has invested in 14 companies involved in everything from battery storage to fusion energy.
- Categories
- Energy, Environment, Investing
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Alibaba, Tencent and other major names form $1.45B ride-hailing venture
The big pile of cash will go towards “car-sharing services powered by renewable energy,” an offering that nicely aligns with Beijing’s push to electrify the transportation sector
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Press releae: PEG Africa raises $25M to accelerate off-grid solar expansion in West Africa
PEG Africa, a West Africa based pay-as-you-go (PAYG) solar company, has raised a US$25 million Series C funding round, taking its funding total to US$50 million, and allowing it to cement its position as market leader in the region.
- Source
- Press release
- Region
- Sub-Saharan Africa
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Ten big global challenges technology could solve
None is easy, but all are incredibly important.
- Categories
- Energy, Technology
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Press release: Investor initiative chooses ideas that will mobilize investment for sustainable cities, energy access, blue carbon, and sustainable agriculture in developing countries
The new ideas target four areas where accelerated investment for climate adaptation and mitigation is urgent: sustainable cities, energy access, blue carbon in coastal & marine ecosystems, and sustainable agriculture for smallholder farmers in West & Central Africa.
- Categories
- Energy, Environment, Investing
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World Bank Targets Offshore Wind Markets
The program will convene developing country governments, commercial developers, development partners, and wind energy experts to raise awareness around offshore wind opportunities in emerging markets and lay the groundwork for a pipeline of new projects that could be supported by World Bank or IFC financing.
- Categories
- Energy
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BBOXX receives largest crowdfunded debt raise in history of solar energy in Africa
BBOXX and Trine’s funding initiative has hit the €6 million mark – in what is the largest crowd-funded debt raise in the history of solar energy in Africa. Mansoor Hamayun, CEO and Co-Founder of BBOXX comments: “Hundreds of millions of people in Africa still live without electricity. Collaborating with Trine has allowed us to tap into retail investors who share our vision for transforming people’s lives through sustainable energy provision."
- Categories
- Energy
- Region
- Sub-Saharan Africa
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