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Bboxx Secures $14 Million Loan to Finance Solar Home Systems in Kenya
Off-grid renewable energy provider, Bboxx has secured a loan of USD 14 million from SBM Bank (Kenya) Ltd., to provide clean and affordable energy to nearly half a million people in Kenya, through off-grid solar home systems.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Analysis: Influence of the COVID-19 Pandemic on Electricity Access
To meet the SDG target of universal access to electricity and regain the lost momentum, off-grid solutions must be embraced in the short term.
- Categories
- Energy
- Region
- Global
- Tags
- energy access, off-grid energy, SDGs
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Report: $1.2 Trillion Needed To Disrupt African Agriculture Through Off-Grid, Renewable Solutions
Zooming in on Africa’s most important sector, which accounts for 75% of rural economic activity, the agriculture value chain represents the most significant opportunity for PUE capital investment.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Press Release: Global Off-Grid Solar Market Report Indicates Need for Further Climate Investment To Achieve Universal Energy Access
As world leaders prepare to meet at COP26, GOGLA, the global association for the off-grid solar industry, along with Efficiency for Access Coalition, just published its latest semi-annual Global Off-Grid Solar Market Report.
- Categories
- Energy, Environment
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From Problem to Profit: Rewiring the E-Waste Value Chain in Africa
Africa is home to bountiful reserves of metals and minerals, but these resources have not unleashed widespread economic growth. However, as Anne Cathrine Garde and Blessing Layee-Maima Caine at the BESTSELLER Foundation explain, an “urban mine” is quietly growing on the continent, in the form of discarded electronic devices loaded with precious metals. They discuss how trailblazing trash entrepreneurs are tapping the riches sitting in Africa's overflowing landfills, and turning this problem into profit by rewiring the broken e-waste value chain.
- Categories
- Technology, WASH
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Beyond Energy Efficiency: Key Trends and Pathways to Scale in the Solar Appliance Market
Solar appliance uptake is a key element of global energy access efforts. But according to Yasemin Erboy Ruff and Lauren Boucher at CLASP, no appliance is close to reaching market saturation, despite considerable gains in recent years. They share highlights from Efficiency for Access' 2021 Solar Appliance Technology Briefs, which characterize the market, trends and pathways to scale for 11 off-grid-appropriate solar appliances and enabling technologies, and explore what these findings mean for the solar appliance market and the customers it serves.
- Categories
- Energy, Environment, Technology
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Optimizing Results-Based Financing for Off-Grid Energy: Why Localization Can Provide a Pathway to More Effective Investment
Leading investors across the energy access sector have embraced results-based financing (RBF) as a key mechanism to unlock private capital for small-scale solar and mini-grid businesses, and to advance the world toward universal electrification. But according to Audrey Desiderato at SunFunder and Martijn Veen at SNV, the remote design and management of RBF programs increases the risk that these funds will exclude local actors and innovation. They share findings from a recent white paper exploring the need for more localization in results-based financing for off-grid energy.
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Zola Electric Closes $90 Million Funding Round To Scale Technology and Enter New Markets
Zola Electric, one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy.
- Categories
- Technology
- Region
- Sub-Saharan Africa