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Press Release: U.S. Government’s Power Madagascar to Bring Electricity to 5,200 Rural Homes and Businesses
The United States Government, through the United States Agency for International Development (USAID) and the Power Africa initiative, has awarded three companies in Madagascar a combined $1.2 million in grant funding to develop mini-grids that will bring electricity to more than 5,200 rural homes and businesses. These grants are part of the U.S. Government’s $3 million effort to increase energy production and electricity access in Madagascar.
- Region
- Sub-Saharan Africa
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Analysis: Recovering the Missing Millions Owed To Africa’s Minigrids
Only a tiny percentage of international donor cash is going to projects, and it’s especially bad in Africa.
- Region
- Sub-Saharan Africa
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Federal Government To Invest in the Deployment of Mini-Grid Systems To Power 5 Million Homes in 2021
The Minister said the government will invest in Mini-grid systems that will provide power for 5 million homes in 2021.
- Region
- Sub-Saharan Africa
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Disconnects Between Minigrid Policy Stakeholders Keep Sector’s Bankability at Bay
Minigrids have yet to scale on a trajectory reflective of their massive potential.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Minigrid Company Husk Nabs $5 Million in Funding
Husk Power Systems, a minigrid company that focuses on India and Africa, has received a $5 million investment from FMO, a Dutch development bank.
- Tags
- banks, innovation, minigrids, scale, solar energy, technology
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Press Release: Africa Minigrid Benchmarking Report Launched
New data confirms distributed energy minigrids most reliable, affordable option for African governments seeking effective rural electrification and improved livelihoods, but lengthy and unpredictable approvals stymie growth.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Renewable Energy Is Electrifying COVID-19 Isolation Centers in Nigeria
The COVID-19 pandemic has upturned our 21st century existence, wreaking havoc on both social and cultural norms and our way of life. It has also crippled the global economy and continues to impact diverse business sectors and industries — travel, transportation, education, and manufacturing.
- Categories
- Coronavirus, Energy, Environment, Finance
- Region
- Sub-Saharan Africa
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The Clock is Ticking on Energy Access: Exploring Factor[e] Ventures’ Big Bet on Mini-Grids
Since 2010, the number of people without energy access has decreased from almost 1.2 billion to 840 million. But while that's encouraging, the world is not on track to meet SDG7’s goal of universal electrification. What's more, as Amanda DelCore at Factor[e] Ventures points out, more connections may not always equal more access. In light of these realities, she explores why Factor[e] has built its energy access thesis around mini-grids.
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