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RBC inks first deal for its Social Finance initiative, investing $500,000 in MaRS Cleantech Fund
MaRS Discovery District today announced that the RBC Generator, the impact investing arm of RBC's Social Finance initiative, has invested $500,000 in the MaRS Cleantech Fund, Canada's most active dedicated early-stage cleantech venture fund. This is the first deal announced through the RBC initiative. Launched in 2012, the MaRS Cleantech Fund aims to provide early-stage funding to companies developing next-generation clean technology breakthroughs with global markets, deep intellectual property and capital-lean business models.
- Categories
- Energy
- Tags
- renewable energy
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Developing world may overtake West in green energy stakes
A ‘geographic shift’ in renewable investment is under way, with the east and south taking the lead.
- Categories
- Energy
- Tags
- renewable energy
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Self-Healing Hydrogen Leaf Could Power the World
There are plenty of scientists out there trying to solve our impending energy crisis. Many of their creations never leave the lab. Here's one that is on its way to commercialization — and just fixed one of its biggest problems.
- Categories
- Energy
- Tags
- renewable energy
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Crowdfunding Power: Solving Climate Change and Other Community Needs
Crowdfunding could be an incredibly powerful way to deliver a decentralised energy system.
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- Energy
- Tags
- renewable energy
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Africa: Invest in Ourselves for Profit and Social Good – Elumelu
When President Barack Obama announced his administration's US$7 billion 'Power Africa' initiative in Tanzania this month, Nigerian businessman and philanthropist Tony Elumelu was at his side. His Heirs Holdings investment firm pledged $2.5 billion towards an estimated $9 billion private-sector fund to boost the electrification project.
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- Energy
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Kenyan pay-as-you-go solar company wins global green energy award
Azuri Technologies – a company that gives Kenyan households pay-as-you-go access to solar power, is the winner of the 2013 Ashden Award, the world’s leading green energy prize.
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- Energy
- Region
- Sub-Saharan Africa
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- renewable energy
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Poverty alleviation: Villagers thrive by using alternative energy
Farmers in Ahmadwala, a village some 40 kilometres to the west of Lahore, are no longer worried about power outages affecting their livelihoods.
- Categories
- Agriculture, Energy
- Region
- South Asia
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Renewable energy marks Kerry visit to India
U.S. Secretary of State John Kerry wrapped up on Tuesday his first visit to India with the highlight of a $100 million loan guarantee program by USAID on private sector financing for clean energy under the Development Credit Authority.
- Region
- South Asia
- Tags
- renewable energy