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SunEdison, Adani to Invest $4 bln in Indian Solar Panel Plant
Solar power firm SunEdison and Indian conglomerate Adani Enterprises plan to invest up to $4 billion in what would be one of India's largest solar panel makers, a boost for Prime Minister Narendra Modi as he hosts an investment summit.On the sidelines of Modi's Vibrant Gujarat gathering of statesmen and business leaders, the two firms said on Sunday that the new joint venture project would manufacture low-cost photovoltaic solar panels, helping turn sunlight directly into electricity at cheaper rates.Solar energy in India costs up to 50 percent more than power from sources like coal.
- Categories
- Energy
- Region
- South Asia
- Tags
- renewable energy, solar
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5 Success Factors for Technology Distribution and Adoption in the Last Mile
How can innovative technologies be distributed and adopted at scale in the last mile? This is a key question driving social enterprises and nonprofits aiming to leverage the power of innovative products designed for the poor. Kopernik, a nonprofit headquartered in Indonesia, has consolidated its observations into five key factors – factors that Project Manager Tomohiro Hamakwa hopes will be useful for other enterprises hoping to make market inroads.
- Categories
- Energy, Social Enterprise
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Banyan Green raises Rs 1 crore from I3N, other angels
Banyan Green Fuels, a startup that develops customised biofuels for clients, has raised Rs 1 crore from Intellecap Impact Investment Network (I3N) and other angel investors.
- Categories
- Energy
- Region
- South Asia
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SunEdison, IFC, OFID, and CABEI Close $146M Financing for Solar PV Projects in Honduras Totaling 81.7 MW
SunEdison Inc. (Belmont, CA, US) on December 15th, 2014 announced the closing of an approximately USD 146 million non-recourse debt financing arrangement with the International Finance Corporation (IFC), the Central American Bank for Economic Integration (CABEI) and the OPEC Fund for International Development (OFID).
- Categories
- Energy
- Region
- Latin America
- Tags
- renewable energy, solar
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Rwanda: Phone Charging Made Simple
Rwanda's Henri Nyakarundi founded African Renewable Energy Distributor (ARED) to give renewable energy solutions to the public and private sectors in his home country Rwanda after failing to find a place to charge his phone from. However, he never imagined that his idea would ever cross the border.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, solar
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Off-Grid Solar Companies Closed $64M in 2014: The Start of a Bigger Trend?
Early-stage investments in off-grid solar companies operating in developing countries reached $63.9 million in 2014, according to a tally from Greentech Media.
- Categories
- Energy, Impact Assessment
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NexThought Monday – Social Enterprise Startup Lessons from Burkina Faso: Doing business at the bottom of the World Bank’s ‘Doing Business Index’
Social enterprises are tackling the most challenging problems facing the BoP, but, in truth, we have not fully developed specific strategies or approaches for BoP-oriented start-ups in those crucial early months, writes Andrew Lala, co-founder of startup Clair de Lune. He offers several lessons from his social enterprise’s first three months on the ground in the heart of West Africa.
- Categories
- Energy
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Decisions, Decisions: How do enterprises choose their markets for clean energy products and services in India?
The off-grid electricity market in India is huge, with over 300 million people living without access to electricity. With such a large market, how do enterprises decide which geographical area to target? Should they focus on a small niche market, or diversify from day one? Sanjoy Sanyal and Pamli Deka of New Ventures India discuss the options and provide advice.
- Categories
- Energy, Environment
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