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Analysis: Why Nuclear Power Is Moving Back Into the Global Development Agenda
Nuclear power is moving back into the development-finance debate as the IAEA and World Bank Group deepen cooperation on reliable, low-carbon electricity. The shift comes as emerging economies face rising power demand, widening investment needs and growing pressure to expand energy access without locking in higher emissions.
- Categories
- Energy
- Region
- Global
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19 Firms Get $1.5 Million Grant to Boost Solar-Powered Businesses in Africa
The programme which aims to deploy 3,800 productive use appliances, including solar-powered water pumps, refrigerators and milling machines, while creating over 3,000 green jobs across the three countries.Eight Nigerian companies were among the beneficiaries selected for the initiative.
- Region
- Sub-Saharan Africa
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Bloomberg Philanthropies Commits $285 Million to Help Clean Energy Scale Fast Enough to Meet Surging Global Demand
As rising electricity use reshapes global energy markets, new support will help strengthen clean energy industries to power next era of global growth.
- Categories
- Energy
- Region
- Global
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World Bank Backs Cambodia’s $115-Million Clean Energy Push, Flags Environmental Risks
The program will be implemented nationwide, covering both urban and rural areas, including Phnom Penh and the eastern provinces.
- Categories
- Energy
- Region
- South Asia
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Philippines Leads the World in Rush to Solar as Power Prices Soar
The rooftop solar rush has resulted in $407 million in panel imports in the three months through May, a 145% increase from a year earlier, according to trade data from China, which accounts for most global supply.
- Categories
- Energy
- Region
- South Asia
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IFC Backs CrossBoundary Access with US $10 Million Equity Investment
This investment supports the continued construction and expansion of CrossBoundary Access’s portfolio of distributed renewable energy assets, including mini-grids, battery-as-a-service (BaaS), and adjacent technologies in Sub-Saharan Africa.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Zafiri Announces USD $176 Million Commercial Launch to Accelerate Energy Access via the Private Sector Cross sub-Saharan Africa
Zafiri will deploy patient equity into distributed renewable energy (DRE) companies and projects across Sub-Saharan Africa, including mini-grids, solar home systems, productive-use energy solutions, and clean cooking enterprises. At least 50% of the platform’s capital is expected to support mini-grids, solar home systems, and clean cooking.
- Region
- Sub-Saharan Africa
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UK Announces Extension of the Ayrton Fund and Transforming Energy Access Platform
The Ayrton Fund builds on innovative UK-international partnerships in more than 100 countries, which have already improved the lives of 46 million people across Africa, Asia and the Indo-Pacific, mobilised £3 billion in investment, and enabled more than a quarter of a million green jobs in the UK and abroad.
- Categories
- Energy, Environment
- Region
- Global
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