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The Switchback Solution: Is ‘Pay and Cook’ a Game Changer in the Movement to Popularize Cleaner Cooking Fuels?
For years, countless entrepreneurs have been trying to enable low-income people in emerging markets to move from traditional fuels to clean cooking fuels. But they've struggled with the same problem: customers’ tendency to switch back to traditional fuels when it comes time to buy refills for their clean cooking fuel tanks. Emmy Wasirwa at WANA Energy Solutions discusses his company's innovative solution to this challenge.
- Categories
- Energy, Entrepreneurship, Environment
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Rich countries pushing ‘dirty energy’ in Africa, report claims
Study finds that while wealthy nations advocate renewables at home, 60% of aid to African energy projects went on fossil fuels.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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New financial instrument to make Brazilian cities more energy efficient
A new financial instrument will allow Brazil to increase its investment in urban infrastructure and make the country more energy efficient. The Financial Instruments for Brazil Energy Efficient Cities – FinBRAZEEC will catalyze resources from the private sector and climate funds to create new markets in the areas of efficient street lighting and industrial energy efficiency.
- Categories
- Energy
- Region
- Latin America
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Home Solar + Microfinance: Mitigating Risks and Maximizing Rewards
The social impact of home solar systems in off-grid villages has shown itself to be broader than initially thought. But while social enterprises continue to roll out new forms of solar, financing their purchase can put these innovations out of reach for the low-income households that need them most. Mark Roesink of Oikocredit shares how weaving responsible microlending into the solar industry could generate greater impact for energy access in emerging markets like India and Kenya.
- Categories
- Energy
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Press release: OPIC and U.S. Department of Energy Announce “Partnership to Power the Americas”
OPIC, the U.S. government’s development finance institution, announced a commitment to mobilize $1 billion in investment in Mexico’s energy sector over the next three years, to help strengthen energy reserves, with expansion throughout Latin America. In addition, the Department of Energy will identify regions and sectors throughout Latin America that present opportunities for U.S. energy companies and OPIC will assist those companies by providing financing and insurance when it is unavailable from the private sector.
- Categories
- Energy
- Region
- North America
- Tags
- energy, energy sector, Latin America, OPIC
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Powering the World’s Poorer Economies: A Response to Bill Gates and Jigar Shah
Microsoft founder Bill Gates and SunEdison founder Jigar Shah have clashed in a heated debate over the best way to provide energy access to the world’s poor.
- Categories
- Energy
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TPG Growth’s Rise Fund invests $70 mn in Fourth Partner Energy
Fourth Partner Energy will use the funding to accelerate its growth through the RESCO (renewable energy service company) model
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BBOXX secures a deal in DRC to deploy off-grid solar solutions
Next generation utility BBOXX has signed a pioneering deal with the government of the Democratic Republic of Congo (DRC), which will bring renewable electricity to 2.5 million citizens in the DRC by 2020.
- Categories
- Energy
- Region
- Sub-Saharan Africa