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Global Renewable Energy Initiative Aims to Bring a Billion People in From the Dark
Worldwide commission aims to end energy poverty in sub-Saharan Africa and south Asia by driving investment in new technology.
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- Energy
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Lifting the Lid on Mexico’s Off-Grid Opportunity
The company manages around 2.5 megawatts of off-grid solar capacity on behalf of customers who earn an average of just 2,450 pesos (around $125) a month and who in 90 percent of cases don’t have a grid connection for at least a kilometer.
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- Energy
- Region
- Latin America
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In People and Dollars, Energy Access Is Growing by Billions: GTM’s Off-Grid Energy Access Forum Explores Why
Previously ignored off-grid populations are quickly becoming a fundamental piece of the energy transition puzzle: 2018 was a banner year for energy access investing, and 2019 is already on pace to surpass it. But as the sector continues to mature, some key issues demand attention, writes Benjamin Attia at Wood Mackenzie. Many of those critical themes will be on the agenda at Greentech Media’s Off Grid Energy Access Forum, taking place Oct. 2 in London.
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- Energy
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Q&A: Africa’s $40B Market for Cooking Fuel Is Being Cleaned Up
KOKO Networks is stepping into Africa’s $40 billion market for household cooking fuel with its non-polluting bioethanol cooking technology that undercuts the cost of using charcoal by as much as 40%, Greg Murray, chief executive and co-founder of the Nairobi-based company, told BloombergNEF in an interview.
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- Energy
- Region
- Sub-Saharan Africa
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Storytelling as a Strategy: What Entrepreneurs Can Gain from Crafting a Compelling Narrative
As Steven Spielberg once said, cinema’s power of persuasion is shown by getting “everybody to clap at the same time.” Likewise, successful entrepreneurs must also tell stories with persuasion and purpose, says Ami Dalal at FINCA Ventures. She explores how effective storytelling can help an enterprise build its brand and attract investors, customers and talent, and shares two essential approaches to help early-stage companies craft compelling narratives.
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- Energy, Investing, Social Enterprise, WASH
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Press Release: BioLite and Mercy Corps Launch Emergency Energy Fund
“Cooking, charging, and lighting are three of the most critical energy needs in any off-grid environment,” said BioLite CEO Jonathan Cedar. “By providing these resources in the aftermath of a crisis, you are helping families say safe, supported, and connected when they need it most.”
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- Energy
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PEG Africa Raises $5M in Debt Funding From ElectriFI
PEG Africa currently provides 400 000 daily users in Ivory Coast, Ghana and Senegal with credit for solar home systems via its pay-as-you-go financing model.
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- Energy
- Region
- Sub-Saharan Africa
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BBOXX Closes US$50 Million Funding Round Led by Mitsubishi
Mansoor Hamayun, CEO and co-founder of BBOXX, said: “The funding is further evidence of Japanese interest in Africa and in PAYG solar energy globally. Mitsubishi Corporation’s extensive reach, sector specific and technological expertise will help us to reach more people without reliable access to modern utilities and services at even greater scale.
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- Energy