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LightSpeed Invests $40 Million in Indian Solar Startup
SolarSquare serves over 20,000 households and more than 200 cooperative housing societies across India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Making Mini-Grids Work for Everyone: A Tariff Harmonization Pilot in Sierra Leone Reveals the Benefits and Challenges of Lowering Prices
Solar mini-grids offer a promising solution to energy poverty in Africa. But according to Tombo Banda and Lisa Kahuthu at CrossBoundary and Miriam Atuya, this approach has yet to gain sufficient traction, due in part to the challenge of balancing operational sustainability with affordability. If customer tariffs are set too low, operators lack revenue — but if prices are set too high, mini-grid electricity isn’t accessible enough to drive widespread adoption. They share the results of a pilot program in Sierra Leone that tested the impact of lower prices on mini-grid operators and their customers, highlighting the implications for future efforts to implement tariff reduction at scale.
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BPR Bank, Denmark Launch $5.6 Million Credit Guarantee to Support MSMEs
This innovative scheme, the first of its kind by IFU in Africa, targets critical sectors.
- Categories
- Agriculture, Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Ignite Power’s Subsidiary Westa Solar Secures $15 Million Investment from AFRIGREEN to Expand Across Africa’s C&I Sector
This agreement will drive the company’s mission to accelerate the adoption of solar energy in the region, starting with a focus on Nigeria.
- Region
- Sub-Saharan Africa
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Google Kicks off $20 Billion Renewable Energy Building Spree to Power AI
As tech companies like Google rush to bolster their AI capabilities, they’ve embarked on a building spree so vast that experts expect new AI data centers might be underpowered by 2027.
- Categories
- Energy
- Region
- Global
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CrossBoundary Energy Secures USD 140 Million for African expansion
CrossBoundary Energy is dedicated to offering fully financed renewable power solutions to African businesses.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: GuarantCo and British International Investment Partner to Unlock US$500 Million of New Renewable Power for South Africa With Landmark $100 Million Etana Energy Deal
This innovative type of deal is designed to unlock new renewable energy capacity by providing independent power producers (IPPs) with the revenue certainty they need to break ground on new renewable energy projects.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Press Release: British International Investment Fuels India’s EV Ecosystem Development With $33.5 Million of Commitments
New investments in Everest Fleet, TI Clean Mobility and Vecmocon to drive sustainable growth and combat air pollution.
- Categories
- Transportation
- Region
- Asia Pacific