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Press Release: 20 Million People Improved Their Energy Access Through Off-Grid Solar in 2024, According to the New Global Off-Grid Solar Market Report
"Demand for off-grid solutions remains high despite negative macroeconomic factors like high inflation and climate emergencies, and it is considered the most cost-effective way to power almost half of the new connections under Mission 300."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Expanding Access to Finance for Energy Enterprises: EnDev Partners with Kiva
Through this collaboration, Kiva will provide tailored financial solutions to support small and medium-sized enterprises (SMEs) in the energy access sector across EnDev’s portfolio in sub-Saharan Africa.
- Region
- Sub-Saharan Africa
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Nigeria’s Arnergy Raises $18 Million to Scale Solar Lease Plans as Fuel and Grid Costs Soar
The capital injection will be deployed to support Arnergy’s ambitions to install more than 12,000 additional solar energy systems by 2029.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Global Off-Grid Solar Investment Falls 30% Year-On-Year to US $300 Million
This project is a US$750 million investment from the World Bank to improve Nigeria’s energy gap, with US$300 million earmarked for off-grid solar in particular.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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$40 Billion Africa Energy Fund to Boost Clean Cooking Access and Energy Transition
The fund focuses not only on expanding electrification but also on addressing the urgent need for clean cooking solutions.
- Region
- Sub-Saharan Africa
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Driving the Solar Revolution in Africa Together: EWIA Green Investments Acquires SunErgy
“Investments in solar and infrastructure drive growth and prosperity in Africa while countering the climate crisis," said Ralph Schneider, Managing Director of EWIA.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Ending the Vicious Circle in PAYGo Solar: How Companies and Investors Can Move the Sector Toward ‘PAYGo 2.0’
The Pay-As-You-Go (PAYGo) solar industry is facing decreases in both sales and investment capital, as rising customer default rates are driving a vicious circle of worsened unit economics and higher product prices. However, as Dan Murphy and Willem Nolens at PAYGo Lab explain, some companies are thriving by implementing systems to improve customer selection, education and support — an approach often referred to as "PAYGo 2.0." They analyze the industry’s challenges and share key lessons and best practices that can enhance its operational efficiency, financial resilience and sustainable growth.
- Categories
- Energy, Environment, Finance, Investing
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Press Release: GOGLA and IKEA Foundation Unveil New Resources to Enhance Off-Grid Solar’s Climate Impact
These resources can be used by companies, climate funds, governments, and development organisations to design and implement off-grid solar business models, investments and programmes to improve resilience and adaptation.
- Categories
- Energy, Technology
- Region
- Global
- Tags
- climate change, NGOs, off-grid energy, solar