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South Africa’s Hohm Energy Raises $8 Million to Drive Solar Revolution
Hohm Energy will accelerate the adoption of rooftop solar in South Africa by investing in its new cutting-edge climate fintech strategy.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Reimagining Enterprise Support and Advisory Services for Energy SMEs: Five Principles for Boosting their Impact in the Global South
Over 675 million people still lack access to electricity (as of 2021) — over 80% of whom live in sub-Saharan Africa. As Godfrey Simiyu Katiambo at Mercy Corps Energy4Impact explains, bridging this energy gap in an equitable, sustainable manner will require not only a massive increase in funding, but also targeted support for the small-and-medium enterprises (SMEs) that are advancing clean energy access in underserved communities. He explores the growing need for enterprise support and technical and business advisory services that cater to these SMEs' unique challenges, and proposes five ways to boost the impact of these services.
- Categories
- Energy, Environment
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World Bank Allocates Nearly $300 Million to Support Renewable Energy Projects in Eastern and Southern Africa through Partnership with TDB
This platform aims to facilitate electricity access for up to 5 million people, clean cooking access for up to 1 million people, and add up to 35MW of energy capacity to the region.
- Region
- Sub-Saharan Africa
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Uganda-Based Electric Cooking Startup PowerUP Announces Successful Initial Close of its Seed Round
PowerUP is at the forefront of transforming cooking habits in Africa, introducing households to a new era of clean and efficient electric cooking.
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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Beyond Illumination: An Off-Grid Energy Provider in Indonesia Innovates to Maximize the Impact of Solar Home Systems
Indonesia, a vast archipelago of 18,000 scattered islands, faces unique energy access challenges. Hanko Scheffers at All Solar World discusses the obstacles to rural electrification in the country, and explores how All Solar World has addressed them through its unique take on solar home systems (SHS). He explains how the company has innovated on the technology itself (through features like Wi-Fi integration), while also optimizing its dissemination network and financing options, in an effort to maximize the reach and impact of SHS in rural communities.
- Categories
- Energy, Technology
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Report: Navigating the Opportunities and Risks of Solar Irrigation: The Importance of Comprehensive Accounting and Smart Regulations
A realistic assessment of the technical and logistical costs, complexities, and expected returns from linking solar irrigation with carbon credit programs in LMICs should be undertaken to set realistic expectations.
- Region
- Sub-Saharan Africa
- Tags
- agtech, energy access, food security, regulations, research, solar, water
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Climate Finance: Fintech Nithio Raises $10 Million for Its African Operations
The mechanism provides financing to companies that supply clean energy to households and small and medium-sized enterprises (SMEs) in Africa.
- Categories
- Environment, Finance, Technology
- Region
- Sub-Saharan Africa
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India Announces Scheme to Install Rooftop Solar on 10 Million Homes
The scheme is intended to not only reduce the electricity bill of the poor and middle class but also make India self-reliant in the field of energy.
- Categories
- Energy, Technology
- Region
- Asia Pacific