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IFC Providing $57 Million for Two Wind Projects in Vietnam
The International Finance Corporation (IFC) announced today it will provide USD 57 million (EUR 46.6m) in financing to the developer of two onshore wind projects in Vietnam.
- Categories
- Energy
- Region
- South Asia
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Scaling the Last-Mile Distribution Industry With Data-Driven Lending
Low-income consumers in emerging markets rely heavily on last-mile distributors (LMDs) for access to life-changing products, from smartphones to solar home systems. But as Erin Junio at Angaza explains, despite the critical role they play in the sale and distribution of these products, LMDs struggle to access the funding they need to scale. She explores the funding challenges these businesses face — and how data-driven innovations in lending are emerging to close this financing gap.
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India Offers $2.46 Billion Incentive to Boost Domestic Production of Batteries
India’s cabinet on Wednesday approved Department of Heavy Industry’s proposal to provide incentives to boost domestic production of batteries with advanced energy storage.
- Categories
- Energy
- Region
- Asia Pacific
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Actis Plans to Double Africa Energy Investments to $2 Billion
Actis LLP, a London-based private equity firm focused on emerging markets, plans to finalize deals on six African power projects in 2021.
- Region
- Sub-Saharan Africa
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South Africa: Golden Valley Wind Energy Project Reaches Commercial Operation
Renewable power developer BioTherm Energy has completed all four of its projects in South Africa, with the latest, the Golden Valley Wind Energy Facility, having come on stream in the Eastern Cape.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: DFC Commits to Net Zero by 2040, Increases Climate-Focused Investments
Agency investments will support the broader U.S. Climate Finance Plan and facilitate sustainable economic growth in developing countries
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Viewpoint: Powering Sustainable Food Systems
As world leaders mark Earth Day at a climate summit hosted by US President Joe Biden, they must remember what the largest greenhouse-gas emitters owe to the rest of the world. More than anyone, low-income countries dependent on agriculture need increased green finance and access to affordable clean energy.
- Categories
- Agriculture, Energy, Technology
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Analysis: Eastern and Southern Africa’s Vast Renewables Potential
Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy.
- Categories
- Energy
- Region
- Sub-Saharan Africa