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Press Release: DFC Approves New Investments to Advance Sustainable Economic Development, Respond to COVID-19, and Advance Gender Equity
The U.S. International Development Finance Corporation (DFC) Board of Directors at its quarterly meeting approved a $300 million investment that will advance inclusive economic development in Brazil. DFC approved 19 other sub-Board investments totaling nearly $350 million since its last quarterly Board meeting in December, advancing a total of $650 million in investments to support development impact, respond to the impacts of COVID-19, increase renewable energy and strengthen gender equity around the world.
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- Investing
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Press Release: Efficient Motors Deliver 30% Reduction in Net Solar Energy System Costs, a New Efficiency for Access Report Finds
A new report from Efficiency for Access offers the first comprehensive analysis of efficient motor applications in off-grid and weak grid appliance markets.
- Categories
- Energy, Technology
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Angola Receives US $250 Million From World Bank to Enhance Electricity Access
The government of Angola has received US$250 million from the World Bank to improve the operational performance of the electricity sector utilities and increase electricity access in selected cities of Angola.
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- Energy
- Region
- Sub-Saharan Africa
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Volta Energy Technologies Raises Over $90 Million of a Targeted $150 Million Fund to Back Energy Storage Startups
As the transition away from internal combustion engines and hydrocarbon fuels begins in earnest, companies are scrambling to drive down costs and improve performance of battery technologies that will be necessary to power millions of electric cars and store massive amounts of renewable energy that still needs to be developed.
- Categories
- Energy, Technology
- Tags
- energy, investment, startups, technology
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Accelerator for Women-Led Green Energy Businesses Launches in Malawi and Nigeria
The Africa Women Innovation and Entrepreneurship Forum has launched an Accelerator Program targeting women-led or owned green energy businesses.
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- Energy, Entrepreneurship
- Region
- Sub-Saharan Africa
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Indonesia’s Electric Vehicle Commodities
Indonesia has extensive plans to leverage its commodity deposits to develop a thriving electric vehicle industry within the country.
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- Energy, Environment
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Press Release: Atlas AI Launches Aperture™ – Unlocking Unparalleled Insight to Target Investment and Drive Impact in Emerging Markets
Atlas AI today announced the launch of Aperture™, a market and economic intelligence platform unlocking unparalleled insight into demographic, economic and infrastructure conditions across the emerging markets.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Developing Countries Offer Enormous Market Potential for Long-Duration Energy Storage
Achieving deep decarbonization of the global energy system requires energy storage that can store more energy for longer durations. Lithium-ion (Li-ion) batteries, thus far, have played a key role in supporting the integration of renewable energy resources into the electric grid. But as the share of variable renewable energy in power systems increases around the world, new energy technologies that can store electricity for longer durations at low cost are needed.
- Categories
- Energy, Technology
- Tags
- electricity, energy, innovation, LMICs, renewable energy, solar, technology
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