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The Overlapping Impacts of Off-Grid Solar: Four Ways Innovative Funding Can Enable the Sector to Advance Global Climate and Poverty Goals
How can the off-grid solar sector achieve its energy access and climate-related goals? Laura Fortes and Drew Corbyn at GOGLA argue that there’s one clear answer to that question: more and better finance. They discuss four ways innovative funding models can enable the sector to rapidly and radically accelerate progress toward universal energy access and other development goals.
- Categories
- Energy, Environment, Investing, Technology
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d.light Harnesses $125 Million to Boost Off-Grid Solar Solutions in Tanzania
d.light champions the mission of providing affordable solar-powered household commodities.
- Categories
- Energy, Finance, Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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Paygo Solar Startup Yellow Raises $14 Million to Scale in Africa
Following the new funding, Yellow plans to deepen its reach in its current markets Malawi, Rwanda, Uganda, Zambia, and Madagascar.
- Region
- Sub-Saharan Africa
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Vitalite Zambia Secures $1.5 Million From EDFI ElectriFI to Support Its Growth
Vitalite is a Solar home System distribution company that was created to increase rural electrification.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Energy Company Sun King Acquires PayGo Energy to Enhance its Clean Cooking Solutions
The company will take a technology-agnostic approach to developing products and services.
- Categories
- Energy, Finance, Technology
- Region
- Global
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Can Pay-As-You-Go Help Clean Up Clean Cooking?
Since 2015, the global focus on clean cooking has grown substantially, bringing more funding, research and attention from policymakers to the sector. But according to Tash Perros at the University of Liverpool, Iwona Bisaga at Loughborough University and Julia Tomei at the UCL Institute for Sustainable Resources, progress remains slow, especially in sub-Saharan Africa. They examine some of the reasons behind the inertia that is plaguing clean cooking access, and explore whether pay-as-you-go business models could catalyze progress.
- Categories
- Energy, Environment, Technology
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Oikocredit Invests $5 Million in Yellow to Support Growth of Solar Home Systems in Africa
funding will enable Yellow to strengthen its operations in four countries in sub-Saharan Africa.
- Region
- Sub-Saharan Africa
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Heifer International Announces $3.5 Million Tractor Financing Support for Africa
International development organization, Heifer International, announced an additional $3.5 million in funding for its tractor financing initiative in Africa.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- PAYGO finance
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