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Lack of Capital is Just the Beginning: Why Roof-Top Solar is Facing Greater Challenges Than Many People Think
The solar energy sector is dynamic and growing – but as Rik Teeuwen at Footlight International points out, it's also unsettled, as off-grid solar players navigate challenges ranging from lack of finance to inconsistent regulation. In light of those issues, he pushes back on the argument, expressed by candi solar CEO Philippe Flamand on NextBillion earlier this year, that rooftop solar is a “no-brainer” for micro, small and medium enterprises. The truth, he says, is far more nuanced.
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Emerging Markets Ripe for Climate Deals, but Come With Social Costs, Risks
There is huge need for financing climate-related projects in emerging markets, but the social costs and the lack of return are acting as deterrents to global lenders.
- Categories
- Energy, Environment
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Press Release: First-Ever Peace REC (P-REC) Transaction Drives Renewable Energy Development in Africa
The first-ever Peace Renewable Energy Credit (P-REC) transaction has been executed by Microsoft with Energy Peace Partners (EPP) and project developer Nuru. In the agreement, Microsoft is purchasing P-RECs issued by EPP from a new solar project in the Democratic Republic of the Congo (DRC), which will directly finance the installation of streetlights in a recently electrified neighborhood of Goma, the capital of North Kivu province. The streetlights are connected to the same solar-plus-storage system which generates the electricity associated with the P-RECs. The transaction was facilitated by renewable energy, transportation decarbonization, and climate solutions specialist 3Degrees.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Crypto-Enabled Sun Exchange Expands in Africa With Solar-Plus-Storage Project for Nhimbe Fresh
Sun Exchange, the world’s first peer-to-peer solar leasing platform, has announced its expansion into sub-Saharan Africa with the launch of the crowdsale for Phase 1 of a multiphase 1.9 megawatt (MW) solar-plus-storage project for Nhimbe Fresh, a premier exporter of fresh produce in Marondera, Zimbabwe. This will be the largest Sun Exchange solar installation to date and the first outside South Africa.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Acumen and Green Climate Fund Boost COVID-19 Relief in off-Grid Energy Access
With a $30 million investment for sub-saharan africa, Green Climate fund joins a coalition of investors and donors to protect the progress made in achieving universal energy access.
- Categories
- Coronavirus, Energy, Investing
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IEA: Global Renewables Capacity To Grow in 2020 Despite Pandemic
Renewables will hit yet another global growth record in 2020 as the industry shows resilience in the face of COVID-19 impacts.
- Categories
- Coronavirus, Energy
- Tags
- renewable energy
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Analysis: How Emerging Markets Can Become Green Economies
This article discusses these micro and macro ways of providing impetus to green/renewable projects through financial and structural solutions
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Press Release: The Rockefeller Foundation Commits USD1 Billion To Catalyze a Green Recovery From Pandemic
Driving public-private investment, transformative solutions, and a more inclusive, sustainable future. Launching next chapter for the 107-year old philanthropic institution.
- Categories
- Coronavirus, Energy, Health Care
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