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Press Release: Renewvia Energy Receives $1 Million Commitment from SIMA Fund to Electrify Communities in Rural Kenya
Social Investment Managers and Advisors LLC (SIMA), a new generation of impact investment manager, and Renewvia Energy Corporation, a global solar developer, today announced a partnership to electrify rural communities in Kenya underserved by conventional utilities.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Minigrids and Cold Storage Are a Match Made in Sustainable Development Heaven – So What’s Keeping Them Apart?
The minigrid sector faces a dilemma: Most rural customers need electricity in the evenings, yet most minigrids generate their power during the day. This requires them to store unused power in expensive batteries, complement their solar power with diesel generators, or reduce production. As Seth Silverman and Tom Chaplin at Factor[e] Ventures explain, cold storage providers could offer minigrids reliable demand for their surplus power – yet these partnerships aren't happening. They explore the obstacles, and some potential solutions.
- Categories
- Agriculture, Energy, Entrepreneurship
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The Public Option: How Smart Tariff Subsidies Can Boost Minigrids and Solve Africa’s Rural Energy Access Dilemma
The World Bank estimates that minigrids can provide electricity for up to 500 million people by 2030, and that the cost of minigrid electricity per kilowatt hour will decrease by two thirds in the same period. But as Daniel Kitwa at the Africa Minigrid Developers Association points out, these goals can only be realized through effective public policy, scale and innovation. He explains why a smartly designed subsidy program to reduce the cost of minigrid power for rural customers is the critical missing piece in these efforts.
- Categories
- Energy
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Analysis: Grid or Solar: Looking for the Best Energy Solution for the Rural Poor
Grid electricity is often said to be critical for long-term human development because it provides sufficient power for appliances and small industries. But are the substantially higher investment costs justified by the economic impact?
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: DFC and Rockefeller Foundation Sign MOU to Invest in Solutions to End Energy Poverty
The MOU seeks to achieve economies of scale by bringing together two major initiatives: The Rockefeller Foundation’s Powering an Inclusive Covid-19 Recovery and DFC’s Roadmap for Impact, the agency’s new strategy for maximizing its development impact.
- Categories
- Coronavirus, Energy
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Husk Power Uses Rice Husk to Generate Electricity in Rural India
Using a proprietary technology, the company has combined and synchronised solar PV, biomass gasification system and batteries to deliver highly reliable, 24×7 power. The biomass-gasification system is a proprietary design and uses agricultural waste as its feedstock, enabling benefits of reducing agri-waste burning on farm lands and creating an additional revenue stream for farmers. This proprietary technology makes it 100 per cent renewable electricity generation company.
- Categories
- Energy
- Region
- Asia Pacific
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CrossBoundary Offers up Its Mini Grids Business Model for African Peers to Benefit
The Kenyan financial services business has been developing rural mini grids across Africa and has announced plans to show its rivals how such networks can thrive, in a bid to accelerate access to electricity on the continent.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: Husk Power Systems Becomes First Minigrid Company to Power 100 Communities, 5,000 Small Business Customers
Today, Husk Power Systems, (huskpowersystems.com), the leading rural energy company operating renewable minigrids in Asia and Africa, announced that it has achieved two industry firsts: surpassing 100 community minigrids, and serving more than 5,000 micro-enterprise customers.
- Categories
- Energy
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