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What Nigeria Can Teach the U.S. About a Green New Deal
Tackling a host of huge challenges – from climate change to economic inequality – the Green New Deal has provoked passion and resistance in equal measure. But as Damilola Ogunbiyi at Sustainable Energy for All asks, what if the solution is not to think big, but to think small? Instead of a vast new energy grid, what if the U.S. created efficient, resilient and job-creating decentralized grids – along the lines of what's currently happening in countries like Nigeria?
- Categories
- Energy, Environment
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Too Risky for the Crowd? Assessing the Potential of Crowdfunding for Energy Access
Crowdfunding raised $77 million for energy access between 2015 and the end of June 2019 – and the industry is on pace to generate over $200 million in crowdsourced financing by 2020. But despite this growth, Davinia Cogan at Energy 4 Impact points out that crowdfunding remains on the periphery of discussions about energy access finance. With the sector's estimated $33 billion in commercial capital needs, she explores whether – and how – the crowd can be part of the financing mix.
- Tags
- crowdfunding, energy access, investing, SDGs
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Press Release: VentureBuilder Launches Innovative Approach to Support Indigenous Off-Grid Solar Companies in Africa
Mandated with expanding energy access to underserved populations in Africa, VentureBuilder’s launch will enable it to pioneer a new investment model that provides ‘patient’ early-stage capital to its local partners across Africa, combined with a specialized suite of technical expertise that will accelerate each partner’s path to scale.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Exit Strategy: How Cashing Out Can Move Us Closer to Universal Energy Access
You might think that a lack of investment is the biggest problem facing off-grid energy companies. But as Leslie Labruto and Sarah Bieber at Acumen point out, in an industry that's seen over $1.4 billion invested since 2012, with only $50 million returned to investors, the lack of exits is an equally serious challenge. They discuss a new Acumen report that demonstrates how the shortage of exits is holding the sector back, and what can be done to address it.
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What Rural Solar Energy Enterprises Can Learn from Mobisol’s Hard-Earned Lesson
Energy access pioneer Mobisol’s insolvency, announced last spring, sparked questions about the industry’s health. But according to Rob Goodier, managing editor at Engineering for Change, subsequent analyses suggest that many of the company's problems were internal, not a reflection of the industry as a whole. He explores what the rural energy sector can learn from Mobisol’s struggles, based on interviews with industry insiders and two people close to the company.
- Categories
- Energy
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France, Netherlands, Uk Commit US$350m to Emerging Solar and Storage
A handful of European states have moved to bankroll various World Bank clean energy initiatives, with US$100 million of French and Dutch money set to back PV in Sub-Saharan Africa.
- Categories
- Energy
- Region
- Europe & Eurasia
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The Sales Mistakes That Are Holding Back Africa’s Solar Enterprises – And How to Fix Them
Selling solar energy products is challenging, so you'd expect solar enterprises to focus on making their sales departments as effective as possible. But in fact, as Whitten & Roy Partnership CEO Scott Roy points out, most solar companies are underemphasizing sales, harming not only their businesses but the broader industry's growth. He shares essential tips for how they can create truly effective sales teams.
- Categories
- Energy, Entrepreneurship
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The Next Big Thing for Energy Access in India? Service-Based Models for Productive-Use Appliances in Agriculture
The global off-grid solar industry has grown exponentially, driven largely by sales or leasing of small appliances enabled by the pay-as-you-go business model. But according to Lanvin Concessao at Oorja Development Solutions, the market is now shifting towards larger income-generating appliances used in small businesses and farms. He explores the impact these appliances can have in India, and how they can drive the irrigation and cold storage sectors' transition to solar energy.
- Categories
- Agriculture, Energy
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