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Waste-to-energy plant to take on Ethiopia’s rubbish epidemic
A landslide of rubbish from a vast open-air landfill site just outside of Ethiopia's capital, Addis Ababa, killed more than 110 people last year. This weekend, the Ethiopian government inaugurated a $120 million waste-to-energy plant, right next to the garbage dump, in an attempt to curb the city's mounting waste problem.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, waste
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Solar Startups Are Plugging Africa’s Energy Gap
Based on current trends, the World Bank predicts that even by 2040 over half a billion people in Sub-Saharan Africa will still lack electricity. Although energy use across sub-Saharan Africa has risen by 45% since 2000, supply has not kept pace with demand.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Nepal’s Largest Solar Project Gets $200 Million Impact Investment
The Investment Board of Nepal (IBN) has approved foreign investment of $200 million for the development of a 170 megawatt solar power plant, the largest-ever solar project in Nepal. It is the first phase of a project to build solar plants with a total installed capacity of 850 megawatt in Nepal.
- Categories
- Energy
- Region
- North Africa & Near East
- Tags
- impact investing
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Rich countries pushing ‘dirty energy’ in Africa, report claims
Study finds that while wealthy nations advocate renewables at home, 60% of aid to African energy projects went on fossil fuels.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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New financial instrument to make Brazilian cities more energy efficient
A new financial instrument will allow Brazil to increase its investment in urban infrastructure and make the country more energy efficient. The Financial Instruments for Brazil Energy Efficient Cities – FinBRAZEEC will catalyze resources from the private sector and climate funds to create new markets in the areas of efficient street lighting and industrial energy efficiency.
- Categories
- Energy
- Region
- Latin America
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Press release: Solar brings economic boost to East African households
The report, ‘Powering Opportunity: The Economic Impact of Off-grid Solar’ provides data demonstrating the economic benefits of off-grid solar power in the developing world. The findings show that nearly 60% of off-grid solar owners undertake more work and enterprise within just three months of using a solar home system.
- Source
- Press release
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Mini-grids could be a boon to poor people in Africa and Asia
Vijay Bhaskar of Mlinda says a big mistake in development has been to assume that, once people are hooked up to electricity, businesses will automatically flourish. People have to be taught how to make the most of power, he says. “Bringing energy is the easy part. The hard part is finding productive ways to make use of it.”
- Categories
- Energy
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Press release: OPIC and U.S. Department of Energy Announce “Partnership to Power the Americas”
OPIC, the U.S. government’s development finance institution, announced a commitment to mobilize $1 billion in investment in Mexico’s energy sector over the next three years, to help strengthen energy reserves, with expansion throughout Latin America. In addition, the Department of Energy will identify regions and sectors throughout Latin America that present opportunities for U.S. energy companies and OPIC will assist those companies by providing financing and insurance when it is unavailable from the private sector.
- Categories
- Energy
- Region
- North America