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Press release: Clean Energy Works Awarded Grant to Accelerate Electrification of Global Transit
PAYS has received significant traction from governments, development finance institutions, investors and philanthropies worldwide, including endorsement from the members of The Global Innovation Lab for Climate Finance in September. Convergence’s funding will allow Clean Energy Works to complete the necessary feasibility work to narrow down the pipeline of cities in Latin America to a candidate city for a first implementation project.
- Region
- Latin America
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Navigating Change: A Step-By-Step Approach to Revising a Social Enterprise Business Plan
By 2018, EarthSpark International had already built two micro-grids in Haiti, sold around 18,000 clean energy products, and invented the leading meter for micro-grids, which sold 40,000 units in 22 countries. The company seemed to be primed for a successful future. But EarthSpark faced significant problems, both in terms of profitability and social impact. To achieve its mission, it needed to make major changes to its model. Social business pioneer Eric Carlson describes how the company revised its business plan, using the paradigm from his new book, Building A Successful Social Venture.
- Categories
- Energy, Entrepreneurship
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World Bank Offers $1 Billion for Batteries in Emerging Markets
Most existing battery projects are expensive and focused in developed countries.
- Categories
- Energy, Technology
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Fenix International outpaces industry growth to reach 150,000 Zambians in 9 months
Pay-go energy company Fenix International, part of global utility Engie, has reached 30,000 Zambian households just 9 months after expanding into the country in partnership with telecom MTN.
- Region
- Sub-Saharan Africa
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Oil’s Surge Clouds Clean-Air Quest in Emerging Economies
The nations are embracing such supplies once again as crude’s recovery exacerbates economic pain and boosts inflation, threatening to undermine efforts made during oil’s slump to curb pollution.
- Categories
- Energy, Environment
- Region
- Asia Pacific
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Hyderabad based Solar Startup Cygni Energy Raises $6.4 Mn in Funding led by Endiya Partners
The funds will help the startup in expanding capacity, strengthening R&D capabilities and increasing market reach.
- Categories
- Energy
- Region
- South Asia
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Waste-to-energy plant to take on Ethiopia’s rubbish epidemic
A landslide of rubbish from a vast open-air landfill site just outside of Ethiopia's capital, Addis Ababa, killed more than 110 people last year. This weekend, the Ethiopian government inaugurated a $120 million waste-to-energy plant, right next to the garbage dump, in an attempt to curb the city's mounting waste problem.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Solar Startups Are Plugging Africa’s Energy Gap
Based on current trends, the World Bank predicts that even by 2040 over half a billion people in Sub-Saharan Africa will still lack electricity. Although energy use across sub-Saharan Africa has risen by 45% since 2000, supply has not kept pace with demand.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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