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South Africa Energy Startup Wetility Raises $27.8 Million Funding to Solar Power Thousands of Homes
South African solar-as-a-service provider Wetility has secured a ZAR500 million (US$27.8 million) structured capital partnership with Jaltech, a leading funder of solar energy projects, to help provide clean, reliable, and cost-effective solar energy to over one million homes and businesses across the country.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Viewpoint: Cleaner Fuel Push in Rural India Needs More Energy
"Major progress has been made in improving rural households’ access to clean cooking energy through the Ujjwala Scheme. However, hurdles remain. . ."
- Categories
- Health Care
- Region
- Asia Pacific
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Africa Can Unlock $4 Trillion to Finance Vital Infrastructure: Report
"Some of Africa’s most crucial infrastructure needs are in the energy sector where 16 gigawatts need to be added annually by 2050. . ."
- Region
- Sub-Saharan Africa
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Report: Efficiency for Access Publishes a Report on Constructing the World’s Most Sustainable Solar-Powered Cold Room
". . . Efficiency for Access published ‘Designing for Sustainability: Blueprint for a Low-Carbon Cold Room’, a report setting out the principles behind the construction of the world’s most sustainable solar-powered cold room to date."
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Nigeria’s Salpha Energy Raises $1.3 Million Funding to Scale Local Solar Assembly
Salpha will use the funding to scale operations, expand its product portfolio, and strengthen its local solar assembly facility.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Research: Nigerian and Kenyan Farmers Can Be First Step to Making Rural Mini Grids More Profitable and Affordable
"This article draws from research conducted under the ‘Sustainability, Inclusiveness and Governance of Mini grids in Africa’ (SIGMA) project, funded by a Global Challenges Research Fund (GCRF) research grant (ES/T006684/1)."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: The International Islamic Trade Finance Corporation (ITFC) and the Trade Development Fund (TDFD) Sign Landmark Agreement with Oil Sustainability Program and BURN Manufacturing to Deliver Clean Cooking Solutions in Nigeria
"Notably, the project includes direct support for household LPG refills over a period of eight years, funded through anticipated revenues from carbon credits generated by the clean cooking kits."
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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Four Key Lessons for Implementing PAYGo 2.0: How the PAYGo Solar Sector Can Fulfill its Potential
In response to the recent NextBillion article by Dan Murphy and Willem Nolens at PAYGo Lab, on how companies and investors can move PAYGo solar toward "PAYGo 2.0,” Yariv Cohen at Ignite Energy Access argues that it's time for deep reflection and realignment in the industry. He explains why PAYGo 2.0 — an approach aimed at boosting repayment rates and profitability through improved customer selection and support — is the only way forward for the sector, and shares four lessons Ignite has learned from its efforts to implement this model.
- Categories
- Energy, Environment, Finance, Investing
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