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OPIC and Greenlight Planet Partner to Expand Off-Grid Energy Access in the Developing World
The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, signed an agreement withGreenlight Planet to finalize $5 million in OPIC financing to support the scaling up of Greenlight Planet, Inc, a provider of affordable off-grid solar energy systems to homes and businesses across the developing world. Greenlight Planet’s global development starts with a passion for delivering clean, affordable energy to underserved communities, paired with a sustainable business and distribution strategy. Today, they impact 15 million users across 40+ countries.
- Categories
- Energy
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Bill Gates’s Clean-Energy Moon Shot
It’s hard to think of a tougher challenge than accelerating humanity’s transition to nonpolluting energy sources and limiting global warming, especially in a world with abundant fossil fuels and fast-growing energy needs.
- Categories
- Energy, Technology
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Apple’s $1.5 Billion in Green Bonds the largest Ever By a U.S. Corporation
Apple has issued $1.5 billion in bonds dedicated to financing clean energy projects across its global business operations, the largest green bond to be issued by a U.S. corporation, the company’s head of environmental policy said Wednesday.
- Categories
- Energy, Environment
- Tags
- renewable energy
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Could Solar-Powered Drones Deliver Electricity to the Developing World?
Distributed energy systems are a good idea for homes that aren't hooked up to the grid. But distributing solar panels to remote areas in the developing world is hard. That's why Mobisol, a German installer, is testing whether drones could do some of the heavy lifting.
- Categories
- Energy
- Tags
- renewable energy, solar
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Uganda’s Kiira Motors Unveils ‘Africa’s First Solar Bus’
A solar-powered bus described by its Ugandan makers as the first in Africa has been driven in public.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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A New Roadmap for Power Africa
An ambitious new road map released last week lays out how Power Africa, the United States government initiative to increase power generation capacity and access to electricity in Africa, will achieve its targets by 2030. The report outlines areas of new emphasis for the initiative, including a greater focus on energy access and on renewables.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Powerhive Is Bringing Clean Energy to the Developing World—With Prepaid Solar
The remote village of Monomoni, Kenya, is too far from cities and too sparsely populated to be part of the national grid. Now, however, it's possible for a family of cow herders or a small business to buy prepaid solar power through a mobile phone.
- Categories
- Energy
- Tags
- renewable energy, solar
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East African Company Moving From Selling Only Solar Energy to ‘Everything’
For the last four years Kenya-based consumer finance company M-KOPA has enabled 300,000 low-income earners in East Africa to acquire home solar energy systems using its pay-as-you-go model.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, solar