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Analysis: Has COVID-19 Prompted the Belt and Road Initiative to Go Green?
Following a year of coronavirus-related disruptions, China appears to be placing a greater focus on sustainable, digital and health-related projects in its flagship Belt and Road Initiative (BRI).
- Categories
- Coronavirus, Environment
- Region
- Asia Pacific
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Minigrids and Cold Storage Are a Match Made in Sustainable Development Heaven – So What’s Keeping Them Apart?
The minigrid sector faces a dilemma: Most rural customers need electricity in the evenings, yet most minigrids generate their power during the day. This requires them to store unused power in expensive batteries, complement their solar power with diesel generators, or reduce production. As Seth Silverman and Tom Chaplin at Factor[e] Ventures explain, cold storage providers could offer minigrids reliable demand for their surplus power – yet these partnerships aren't happening. They explore the obstacles, and some potential solutions.
- Categories
- Agriculture, Energy, Entrepreneurship
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Innovex Closes an Equity Investment With Gaia Impact Fund, a VC Fund Dedicated to Renewable Energy Entrepreneurs
Innovex, a Uganda-based startup enabling pay-as-you-go and remote monitoring for solar companies, closed a Series Seed Round with an equity investment from Gaia Impact Fund.
- Categories
- Energy, Entrepreneurship
- Region
- Sub-Saharan Africa
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Starsight Gets $10 Million Funding to Expand Solar Power Solutions in Nigeria, Ghana
A Helios and AIIM-backed solar power solutions firm, Starsight Energy, said it has obtained a $10 million financing that would enlarge its current senior debt facility in a bid to scale up its generation capacity and services in the Nigerian and Ghanaian markets.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Analysis: How Can We Ensure Energy Is Clean, Secure and Affordable?
A disruptor and a fresh start, though unexpected: the coronavirus pandemic has brought immeasurable grief and hardship, but it has also created unprecedented momentum for deep and structural change in society and industries.
- Categories
- Energy
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Lake Turkana Wind Power to Take Full Advantage of Digitization
Software as a service company Clir Renewables has today announced a partnership agreement with the Kenyan-based Lake Turkana Wind Power (LTWP).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Total to Acquire 20% Stake in Adani Green Energy for US $2.5 Billion
Total France, a global energy major, will pick up a 20 per cent stake in Adani Green Energy Ltd (AGEL), the renewable power company of Adani Enterprises, by way of acquisition of shares held by the Adani Promoter Group (APG).
- Categories
- Energy
- Region
- Asia Pacific
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Nigeria’s Daystar Power Secures US $38 Million Series B Investment Led by IFU
The round was led by the Investment Fund for Developing Countries (IFU), the Danish development finance institution (DFI). IFU is joined by new investors STOA, a French impact infrastructure fund, Proparco, the French DFI, backed by a guarantee from the European Union under the African Renewable Energy Scale-Up facility (ARE Scale-Up) and Morgan Stanley Investment Management.
- Categories
- Energy
- Region
- Sub-Saharan Africa