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BlackRock Eyes $7 Billion for New Global Renewable Power Fund
The world's biggest asset manager BlackRock said it hopes to raise up to $7 billion for its fourth Global Renewable Power Fund as clients ramp up climate-friendly investments.
- Categories
- Energy, Technology
- Region
- Global
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Electric Vehicle Financing Startup RevFin Raises $5 Million in Debt
Revfin last raised $10 million in a Series A funding round in October 2022 from Green Frontier Capital and LC Nueva Investment Partners.
- Categories
- Energy, Finance, Technology, Transportation
- Region
- Asia Pacific
- Tags
- electric vehicles, fintech, startups
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African Development Bank and Africa Growing Together Fund Commit $124.4 Million to Improve Sanitation in Angola’s Coastal Towns
The funds will help Angola to improve access to climate-resilient and sustainable sanitation services.
- Categories
- Technology, WASH
- Region
- Sub-Saharan Africa
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British Consortium to Invest $9 Billion in Indonesia Mining, EV Batteries, Minister Says
Indonesia is keen to develop batteries and vehicles for the world's biggest electric car manufacturers.
- Categories
- Technology, Transportation
- Region
- South Asia
- Tags
- electric vehicles, manufacturing, mining, wind
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Spiro Reaches 1 Million Battery Swaps With Its Electric Two-Wheelers in Africa
In Uganda, Spiro recently signed a landmark agreement with the Ugandan government to replace boda-bodas with electric motorbikes.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Sudden Reduction of Subsidy of Electric Two-Wheelers May Lead to Major Decline in EV Adoption in India
The Heavy Industries Ministry has notified changes for reducing subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme applicable on electric two-wheelers registered on or after June 1, 2023.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Uber Steps up EV Push in India With Uber Green
Ride-hailing platform Uber Technologies (UBER.N) is stepping up its efforts to go green in India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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E3 Capital and Lion’s Head Climate Fund Hits First Close at $48 Million to Back African Startups
E3 Low Carbon Economy Fund for Africa joins the growing list of funds backing startups in Africa’s climate tech sector.
- Region
- Sub-Saharan Africa