-
19 Firms Get $1.5 Million Grant to Boost Solar-Powered Businesses in Africa
The programme which aims to deploy 3,800 productive use appliances, including solar-powered water pumps, refrigerators and milling machines, while creating over 3,000 green jobs across the three countries.Eight Nigerian companies were among the beneficiaries selected for the initiative.
- Region
- Sub-Saharan Africa
-
Bloomberg Philanthropies Commits $285 Million to Help Clean Energy Scale Fast Enough to Meet Surging Global Demand
As rising electricity use reshapes global energy markets, new support will help strengthen clean energy industries to power next era of global growth.
- Categories
- Energy
- Region
- Global
-
World Bank Backs Cambodia’s $115-Million Clean Energy Push, Flags Environmental Risks
The program will be implemented nationwide, covering both urban and rural areas, including Phnom Penh and the eastern provinces.
- Categories
- Energy
- Region
- South Asia
-
Philippines Leads the World in Rush to Solar as Power Prices Soar
The rooftop solar rush has resulted in $407 million in panel imports in the three months through May, a 145% increase from a year earlier, according to trade data from China, which accounts for most global supply.
- Categories
- Energy
- Region
- South Asia
-
China and the West Are Taking Opposite Paths on EV Battery Recycling
China has 85% of the world’s recycling capacity and a mandate to shred old packs. The U.S. has another plan: use them to save the power grid first.
- Categories
- Technology, WASH
- Region
- Global
- Tags
- e-mobility, recycling, renewable energy, solar, waste
-
IFC Backs CrossBoundary Access with US $10 Million Equity Investment
This investment supports the continued construction and expansion of CrossBoundary Access’s portfolio of distributed renewable energy assets, including mini-grids, battery-as-a-service (BaaS), and adjacent technologies in Sub-Saharan Africa.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
-
Zafiri Announces USD $176 Million Commercial Launch to Accelerate Energy Access via the Private Sector Cross sub-Saharan Africa
Zafiri will deploy patient equity into distributed renewable energy (DRE) companies and projects across Sub-Saharan Africa, including mini-grids, solar home systems, productive-use energy solutions, and clean cooking enterprises. At least 50% of the platform’s capital is expected to support mini-grids, solar home systems, and clean cooking.
- Region
- Sub-Saharan Africa
-
Report: Africa’s Green Transition to Create Up to 84 Million Jobs by 2050 but It Risks Embedding Inequality Without Urgent Action
Africa’s green transition could generate up to 84.5 million jobs by 2050 but without concerted policy action the benefits risk entrenching inequality rather than reducing it.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.