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Solar power enterprise gives light, livelihood to the poor
In the slums of Tondo, Manila, hope flickers in broad daylight for poor communities in the form of solar power technology.Amid makeshift houses, piles of garbage and mud-covered walkways, young mothers are operating a container van which has been transformed into a renting station of solar-powered rechargeable lamps in Sitio Damayan (Smokey Mountain).
- Categories
- Energy
- Region
- South Asia
- Tags
- solar
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White House rallies investors to commit $4 billion to clean energy
The White House has pushed foundations, institutional investors and philanthropies to commit more than $4 billion to clean energy projects and help fight climate change, doubling a goal set in February, officials said.
- Categories
- Energy, Environment
- Tags
- impact investing
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Why we’re building an investment fund to back solar energy in Africa
The near-trillion dollar question is: what kind of power infrastructure should Africa build? Should it replicate the large-scale electricity grids of the developed world, or is there a shorter path to electrifying Africa?
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Acumen makes first cookstove investment with Burn Manufacturing
Acumen announces its new investment in BURN Manufacturing, a cookstove company that aims to transform the lives of Kenyans with its low-cost, energy-efficient design.
- Categories
- Energy
- Tags
- clean cooking
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Sustainable Innovation, Minus the Sticker Shock?
What do solar-powered hearing aids, a subscription service for baby clothes and mobile technology for farmers in East Africa all have in common?
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
- Tags
- solar
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Tony Blair: Access to Electricity Is the Single Most Vital Precondition for Success in African Nations
A decade on from the Gleneagles Summit, Africa is undergoing a remarkable transformation. Standards of living are increasing, the middle class is set to double in the next ten years and a continent that was then a scar on the conscience of the world is now the most exciting. Africa’s challenges are still better known than its prospects; but with a digital revolution in full-swing and data revolution underway, African nations have a chance to leapfrog stages of development.
- Categories
- Energy, Health Care
- Region
- Sub-Saharan Africa
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Norway’s plan to divest massive $900B fund from coal could hit U.S. companies
The decision may have spillover effects for U.S. companies, as the equity-heavy fund invests most of its stock positions in U.S. firms, and this new policy slates shares in dozens of American utility companies for sale.
- Categories
- Energy, Environment
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Simpa Networks Gets Renewable Energy OPIC Impact Award
The energy-poor tend to be among the poorest people in their countries and cannot afford the high upfront costs of a quality solar solution. About 400 million people in India live in remote villages and don’t have access to an electricity grid. Millions more have only very limited access to electricity. Although distributed solar based solutions are available, high up front costs keep them out of reach from many who have limited income and cannot obtain bank financing.
- Categories
- Energy
- Region
- South Asia
- Tags
- renewable energy, solar
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