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$120M Growth Fund to Boost African Off-Grid Solar Power Companies
The fund is designed to provide patient, flexible capital combined with technical assistance that is currently lacking in the off-grid energy ecosystem.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: Shell Foundation and FMO Collaborate to Help Achieve Clean Energy Access in Sub-Saharan Africa
Shell Foundation, a UK-registered charity, together with FMO, the Dutch entrepreneurial development bank, announces the launch of the US$120 million Energy Entrepreneurs Growth Fund (EEGF), with an initial close of US$45 million, providing catalytic financing to early to growth stage companies in Sub-Saharan Africa (SSA) operating in the access to energy ecosystem.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- energy access, SDGs
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Clean Power Finance ‘Falls’ in Emerging Markets
Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies, the research found.
- Categories
- Energy
- Tags
- renewable energy
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China Plans Measures to Boost Revenues for Renewable Power Companies
Despite rapid expansion and a drastic fall in the cost of producing power, renewable firms are still struggling to produce power as cheaply as coal-fired plants.
- Categories
- Energy
- Region
- Asia Pacific
- Tags
- renewable energy
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African Cleantech Deals Stand Over Regular VC Funding Like A Familiar Solar Tower
Africa has all the makings of the world’s cleanest economic revolution. By leveraging renewable energy sources to brighten an extensive stretch of urbanization, the continent’s sunshine is not entirely going to waste.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Gusty Growth: Vietnam’s Remarkable Wind Energy Story
Vietnam is rising as Southeast Asia’s new wind hero, with power capacity soon to dwarf that of all other Asean nations and the world’s biggest offshore wind farm to be built off its windy coast, but challenges remain.
- Categories
- Energy
- Region
- Asia Pacific
- Tags
- renewable energy
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Inside Tata Power and Rockefeller Foundation’s Plan to Light Up 5 Million Households in India
This is a defining moment for bending the energy access curve. In the words of Amitabh Kant, the CEO of the Indian government’s think tank Niti Ayog, “This partnership is essential for the people of India and its rural communities, giving a thrust to a massive multiplier effect [energy can have] on India’s economy and move social indices forward in some of its most difficult terrains.”
- Categories
- Energy
- Region
- South Asia
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Viewpoint: Fossil Fuel Subsidies And Impact Greenwashing Are Stalling The Energy Transition
It sounds reasonable that market forces make fossil fuels our energy source of choice. The reality is quite different, however.
- Categories
- Energy