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How Can Africa’s Energy Sector Attract More Investment?
Attracting institutional investors and pensions funds to Africa’s energy transition remains a challenge in a world in flux. But the problem may be a lack of bankable projects rather than finance.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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$60.2 Million Subsidy Into KPLC to Help Reduce Electricity Tariffs in Kenya
Kenyans are set to receive some reprieve from the cost of electricity tariff thanks to a $60.2 million subsidy Kenya Power and Lighting Company (KPLC) has received from the government.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- energy access
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Spark+ Invests US $4 Million in BURN to Accelerate Its Multi-Country Expansion Across Africa
The Fund’s investment will enable BURN to meaningfully increase the capacity of its manufacturing facility in Nairobi.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Ghana Signs $69.88 Million Renewable Energy Deal to Enhance Electricity Access
Ghana has signed a $69.88 million renewable energy agreement to enhance electricity access in the next four years.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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SEforALL Forum Closes with Over USD $347 Million in New Commitments Made to Energy Access and Transition
The Forum included the announcement of several new commitments and initiatives to support energy access and transition.
- Categories
- Energy
- Region
- Global
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How Global Corporations Can Boost Local Renewable Energy Production: The Transformative Potential of D-RECs in Emerging Markets
If the world hopes to address climate change, large corporations must transition away from fossil fuels for their power needs. To that end, corporations can buy renewable energy certificates, allowing them to claim renewable energy use and meet their climate commitments, while providing needed funding to renewable projects. But as Beatrice Kennedy at Powertrust points out, emerging markets generally lack access to this solution. She explores how distributed renewable energy certificates (D-RECs) can address this gap, leveraging blockchain and open-source technology to create a global marketplace for renewable energy generated in emerging countries.
- Categories
- Energy, Technology
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U.S. Imports of Latin America Oil Soar as Refiners Replace Russian Barrels
U.S. refiners imported about 1.3 million barrels per day (bpd) of crude and fuel oil from Latin America in April, the highest in seven months according to U.S. Customs data, as buyers began replacing Russian supplies.
- Categories
- Energy
- Region
- Latin America
- Tags
- energy access
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Innovators Awarded Funding to Combat Global Energy Access Crisis in Africa and Asia
Energy Catalyst, a UK government-funded programme, has announced its next wave of promising clean energy innovations.
- Categories
- Energy
- Region
- Global
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