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Press Release: 20 Million People Improved Their Energy Access Through Off-Grid Solar in 2024, According to the New Global Off-Grid Solar Market Report
"Demand for off-grid solutions remains high despite negative macroeconomic factors like high inflation and climate emergencies, and it is considered the most cost-effective way to power almost half of the new connections under Mission 300."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Funding African Solutions to the Climate Crisis: Why Local Venture Capital Innovation Holds the Key to Climate Resilience
Africa contributes just 4% of global carbon emissions and faces the world’s most devastating climate impacts — yet it receives only 3.3% of global climate finance (as of 2021/22). Dotun Olowoporoku and Dolapo Morgan at Ventures Platform argue that this disparity presents an urgent need for locally-developed innovation driven by African venture capital. They explore how African VCs can leverage this opportunity to play a central role in the continent’s climate response.
- Categories
- Agriculture, Energy, Environment, Investing
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Ghana’s Kofa Closes $8.1 Million Pre-Series A Round to Expand Energy Access in Urban Africa
Leveraging its cutting-edge technology and proprietary Internet of Things (IoT) system, Kofa now facilitates over 200 battery swaps daily.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Longi Solar Europe Powers Latin America Energy Shift With Key Utility-Scale Alliance
"The initiative, developed in partnership with a leading global energy developer, leverages LONGi’s Hi-MO 9 modules to address complex energy challenges across sun-drenched and variable climates."
- Categories
- Energy
- Region
- Latin America
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Distributed Energy Is Driving Latin America’s Energy Transition
Consumers have become a central player in the region’s transition by generating their own clean energy and even selling it on the market.
- Categories
- Energy, Technology
- Region
- Latin America
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$40 Billion Africa Energy Fund to Boost Clean Cooking Access and Energy Transition
The fund focuses not only on expanding electrification but also on addressing the urgent need for clean cooking solutions.
- Region
- Sub-Saharan Africa
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Data Centres Will Use Twice as Much Energy by 2030 — Driven by AI
Data centres accounted for roughly 1.5% of global electricity consumption in 2024.
- Categories
- Energy, Technology
- Region
- Global
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New Report Highlights How the Energy and Agriculture Sectors Working Together Will Enhance Food Security Across Africa
The report Beyond Silos: Strengthening Nexus Collaboration to Power Food Systems with Off-Grid Solar addresses the intertwined nature of energy use, efficiency, sustainability, and productivity of food systems in Africa.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
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