-
Rockefeller Fund Takes First Green Stake in Pivot From Oil
The Rockefeller Brothers Fund, the foundation divesting from the fossil-fuel industry it helped create, took its first direct stake in a renewable energy company in a move meant to bolster the fight against climate change.
- Categories
- Environment
- Region
- North America
-
PEG completes $7.5 million round to expand activities in West Africa
PEG, an off-grid solar company in Ghana, announced that it has closed a $7.5 million Series A round. The funding will be used to expand operations in Ghana, build out the management team, and to enter Ivory Coast. PEG has over 10,000 customers and operates 29 service centers in 7 regions of Ghana.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
Report: Off-Grid Electricity, Mobile Money Could Help Plug Africa’s Rural Power Crunch
A combination of renewable energy sources off the national grids could be a solution to supplying electricity to rural areas across Africa, a report by PricewaterhouseCoopers (PwC) showed on Monday.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
Sierra Leone Solar Push Aims to Bring Electricity to All by 2025
Sierra Leone aims to provide electricity to all of its 6 million citizens by 2025 in a push to boost the economy, expand crucial services such as healthcare, and reduce dependency on aid, officials said on Wednesday.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
India Expects First Loan From China’s Infrastructure Bank
The bank is China’s latest thrust into international diplomacy.
- Categories
- Investing
- Region
- South Asia
- Tags
- renewable energy, solar
-
Rockefeller Family Fund hits Exxon, divests from fossil fuels
The Rockefeller Family Fund said on Wednesday it would divest from fossil fuels as quickly as possible and "eliminate holdings" of Exxon Mobil Corp.
- Categories
- Energy
-
The Deadly Cost of Bringing Coal-Powered Electricity From Australia to India
The Australian government continues to claim that coal will play a vital role in bringing cheap energy to developing nations. In particular, it has claimed India’s poor will benefit from the development of coal reserves in Queensland’s Galilee Basin. But is that really the case?
- Categories
- Energy, Environment
- Region
- South Asia
- Tags
- renewable energy
-
New York Pension Fund Could Have Made Billions by Divesting From Fossil Fuels
New York State’s pension fund would have an additional $5.3bn to give to its retired employees if it had divested from fossil fuel companies and put that money into clean energy, according to a new report.
- Categories
- Energy, Environment, Investing
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.