-
Press Release: SunFunder Makes First Investment in Nigeria With Daystar Power
SunFunder, a solar finance company providing debt capital to solar enterprises in emerging markets, today announced its first disbursement in Nigeria, part of a facility of up to $4m with commercial and industrial (C&I) solar developer, Daystar Power.
- Categories
- Energy
-
India to Boost Renewables by Over $800 Million in 2020
In India, the Ministry of New and Renewable Energy has been given an annual increase of 10.62% or INR 57.53 billion (approximately $806.65 million) in the country’s 2020 national budget.
- Categories
- Energy
- Region
- South Asia
-
Giant Solar Arrays: Do Big Ambitions Mean Big Problems?
Some of the world’s most ambitious large-scale solar projects have been plagued by delay, ultimately making them a financial burden rather than a beacon on the renewable power horizon. Does this mean such projects are outdated?
- Categories
- Energy
- Tags
- energy access, solar
-
Solar Energy Storage Faces a Battery of Challenges – How to Overpower Them
Diesel electricity generation is expensive, unsustainable and harmful to users' health and the environment. But it still dominates the energy mix in emerging markets. Why? According to Alec Macklis at Gridspan Energy, one reason is that solar energy is intermittent by nature, making it hard to incorporate into a reliable energy system. But though this problem can be solved by better energy storage, solar + storage solutions haven't gained major traction. He explores the reasons for this, and presents an innovative energy storage approach that could help.
- Categories
- Energy
-
Off-Grid Solar Is Entering a New Era of Growth: GOGLA’s Off-Grid Solar Forum Explores Why
As the off-grid solar sector enters its second decade as a significant energy source, it's facing a host of new challenges, opportunities and growing pains. These dynamic changes will take center stage at the Global Off-Grid Solar Forum Expo, jointly organized by GOGLA (the global association for the off-grid solar energy industry) and the World Bank Group’s Lighting Global initiative next month in Nairobi, Kenya. GOGLA Executive Director Koen Peters shares why this conference won't be about rosy forecasts, but the real work of building the sector.
- Categories
- Energy
-
Lighting the Way: How the PAYGo Solar Industry is Expanding to Other Life-Changing Products
Millions of customers in Africa are using lighting generated by PAYGo solar – but lights are just one of many products the PAYGo business model can provide – something the companies working in the sector are beginning to realize. Chris Emmott at Fenix International discusses the vast array of products and services enabled by the new connections PAYGo solar companies are making to rural customers.
- Categories
- Energy
-
Uganda’s Thirst for Hydropower Raises Fears for Environment
Last June, Bonang Power and Energy, a South African company, announced it had applied for a licence to build a 360MW hydro plant at Uhuru Falls – which is adjacent to Murchison Falls. It was a further blow to conservationists, already reeling from news that energy company Total E&P Uganda had been given approval to develop six oilfields in the park, to the north of Lake Albert.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
-
Is Vertical Integration Good or Bad for Off-Grid Energy Access? Let’s Get Specific
Pay-as-you-go off-grid energy business models are often vertically integrated, including elements of manufacturing, distribution, consumer financing, payment collection and after-sales service. But some believe it's more cost-effective to outsource many of these aspects of the business model to service providers. Paul Clyde and Colm Fay at WDI argue that vertical integration is neither inherently good, nor bad: They explore its history, and its advantages and disadvantages for the nascent off-grid energy industry.
- Categories
- Energy