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China and the West Are Taking Opposite Paths on EV Battery Recycling
China has 85% of the world’s recycling capacity and a mandate to shred old packs. The U.S. has another plan: use them to save the power grid first.
- Categories
- Technology, WASH
- Region
- Global
- Tags
- e-mobility, recycling, renewable energy, solar, waste
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IFC Backs CrossBoundary Access with US $10 Million Equity Investment
This investment supports the continued construction and expansion of CrossBoundary Access’s portfolio of distributed renewable energy assets, including mini-grids, battery-as-a-service (BaaS), and adjacent technologies in Sub-Saharan Africa.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Zafiri Announces USD $176 Million Commercial Launch to Accelerate Energy Access via the Private Sector Cross sub-Saharan Africa
Zafiri will deploy patient equity into distributed renewable energy (DRE) companies and projects across Sub-Saharan Africa, including mini-grids, solar home systems, productive-use energy solutions, and clean cooking enterprises. At least 50% of the platform’s capital is expected to support mini-grids, solar home systems, and clean cooking.
- Region
- Sub-Saharan Africa
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Report: Africa’s Green Transition to Create Up to 84 Million Jobs by 2050 but It Risks Embedding Inequality Without Urgent Action
Africa’s green transition could generate up to 84.5 million jobs by 2050 but without concerted policy action the benefits risk entrenching inequality rather than reducing it.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Financing the Future: How Off-Balance-Sheet Special Purpose Vehicles Could Fund Africa’s Cleantech Transition
Across Africa, founders are tackling some of the world’s most difficult development challenges with cleantech solutions that require significant capital expenditure. But according to Julia Lawson-Johns, and Amar Inamdar at KawiSafi Ventures, beneath this wave of innovation lies a capital architecture that is still too shallow to enable the scale these firms now require. They argue that off-balance-sheet financing via special-purpose vehicles could provide cleantech enterprises with an alternative means of securing upfront liquidity to finance growth, and explore how these vehicles could power Africa’s cleantech transition.
- Categories
- Agriculture, Energy, Finance, Investing, Transportation
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WFP and Government of Nepal Launch Innovation Accelerator for Climate and Food Security
The accelerator supports local start-ups to pilot and scale solutions across the food system, including solar-powered irrigation and clean energy solutions, digital advisory platforms for farmers, satellite-based insurance and climate data tools and market and value chain innovations for smallholders.
- Categories
- Agriculture, Energy, Investing, Technology
- Region
- South Asia
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OPEC Fund Provides $150 Million Loan to South Africa
The loan forms part of a wider international financing package co-financed by the World Bank, the African Development Bank, KfW and the Japan International Cooperation Agency.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Analysis: India’s Cooking Fuel Crisis Needs a Multi-Fuel Clean Energy Strategy
A multi-fuel strategy built around electrification, biogas and solar can offer energy security, affordability and fiscal relief to India.
- Categories
- Energy, Environment
- Region
- Asia Pacific
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