NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Press Release: DFC Announces Its Largest Wind Energy Investment

DFC financing will support the development, construction, and operation of nine wind power plants.

Source

U.S. International Development Finance Corporation (link opens in a new window)

Categories

Energy, Technology

Region

Europe & Eurasia

Tags

development finance, energy access, global development, renewable energy, wind

Press Release: CrossBoundary’s Innovation Lab Finds That Tariff Reduction in Rural Sierra Leone Boosts Usage, but Long-Term Success Requires Broader Support

When electricity tariffs were cut by 41% over a year, energy use surged by 58%.

Source

Sun-Connect News (link opens in a new window)

Categories

Energy

Region

Sub-Saharan Africa

Tags

energy access, off-grid energy, poverty alleviation, regulations, renewable energy, solar

IFC Commits $25 Million to Acumen’s Fund for Expanding Energy Access in Africa

The grant encourages solar companies to lower interest rates for end-users by achieving specific key performance indicators (KPIs).

Source

Techpoint Africa (link opens in a new window)

Categories

Energy

Region

Sub-Saharan Africa

Tags

blended finance, energy access, infrastructure, off-grid energy, solar

£2.2 Million Awarded to Groundbreaking Initiatives as PREO Advances Commitment to Productive Use of Renewable Energy Solutions Across sub-Saharan Africa

The programme is backed by the IKEA Foundation and UK aid via the Transforming Energy Access (TEA) platform, in partnership with the Carbon Trust and Mercy Corps’ Energy 4 Impact.

Source

PREO (link opens in a new window)

Region

Sub-Saharan Africa

Tags

energy access, off-grid energy, Productive Use of Energy, renewable energy

Press Release: Power Africa Awards Grants to Increase Access to Solar-Powered Productive-Use Technologies in East Africa

Through its Empower East and Central Africa program, Power Africa is awarding grants to Simusolar and SureChill to distribute solar-powered irrigation and refrigeration solutions to underserved regions in Kenya, Tanzania, and Uganda to boost productive use of energy.

Source

USAID (link opens in a new window)

Categories

Energy, Technology

Region

Sub-Saharan Africa

Tags

distribution, energy access, off-grid energy, Productive Use of Energy, renewable energy, solar

Press Release: Sistema.bio Secures $15 Million in Additional Financing to Accelerate Global Expansion

Sistema.bio, a global leader in biogas technology, announces it has secured a package of US $15 million in financing to fuel its global growth.

Source

Sistema.bio (link opens in a new window)

Categories

Agriculture, Energy, Investing

Region

Global

Tags

agtech, energy access, impact investing, renewable energy, smallholder farmers, waste

ExxonMobil’s $1.28 Billion Nigeria Deal With Seplat Nears Approval

The imminent approval of the ExxonMobil-Seplat deal should pave the way for more energy sector transactions and reinforce Nigeria’s ambition to remain a top oil-producing nation despite the ongoing challenges.

Source

Yahoo Finance (link opens in a new window)

Categories

Energy

Region

Sub-Saharan Africa

Tags

climate change, energy access, regulations

Press Release: Innovative Off-Grid Solar Appliances Can Help Bridge the Energy Access Gap for Millions Worldwide

The latest research from Efficiency for Access finds a significant need and business opportunity to scale up the market for off-grid solar appliances like fans, refrigerators, water pumps, and grain mills. Doing so would bring life-changing energy access to millions worldwide.

Source

Efficiency for Access (link opens in a new window)

Categories

Energy, Technology

Region

Global

Tags

business development, energy access, off-grid energy, Productive Use of Energy, research, scale, SDGs, solar