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A Blueprint for Productive Use of Clean Energy: An Accelerator in Nigeria Generates Solutions for Linking Mini-Grids to Agricultural Equipment in Rural Communities
There are over 70 mini-grids operating in Nigeria today, and similar businesses are delivering clean energy in other underserved communities around the world. But as Scarlett Santana at RMI explains, serving these markets presents unique challenges, since if customers lack productive uses for the electricity they sell, mini-grids’ revenue model fails. She explores how mini-grids can address this challenge by partnering with agricultural equipment providers, and discusses an accelerator co-led by RMI that is providing the ecosystem to make these partnerships happen.
- Categories
- Agriculture, Energy, Investing
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Senegal Secures $2.74 Billion Investment Plan From G8 Member Countries
Senegal's Just Energy Transition Partnership (JETP) agreement aims to achieve 40% renewable energy capacity by 2030, with a draft investment plan underway.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: DFC Announces Support for Energy and Health Projects in India
U.S International Development Finance Corporation (DFC) announced two projects expanding its sustained commitment to investing in India’s private sector and deepening the economic ties between the two countries.
- Categories
- Energy, Health Care, Technology
- Region
- Asia Pacific
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Developing Countries Need €2 Trillion for Clean Energies to Meet Climate Goals
The International Energy Agency (IEA) has said that financing for clean energy in developing and emerging economies – excluding China – must increase seven-fold within a decade if global warming is to be capped at tolerable levels
- Categories
- Energy, Investing, Technology
- Region
- Global
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South Africa Launches $1 Billion Dedicated Green Hydrogen Fund
SA-H2 is the second-of-its-kind, blended finance fund for African green hydrogen projects.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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CrossBoundary Energy Raises US $50 Million from FEI to Advance Commercial and Industrial Portfolio Across Africa
CrossBoundary Energy provides tailored, fully financed renewable energy solutions to its corporate customers allowing them to avoid upfront capital expenditure and technical risks.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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India’s Climate-Focused VC Firm Avaana Capital Raises $70 Million
The fund will focus on investments in three sectors - energy transition and resource management; mobility and supply chains; and sustainable agriculture and food systems.
- Categories
- Agriculture, Energy, Environment, Technology, Transportation
- Region
- Asia Pacific
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Press Release: United States Announces $89 Million Award to Advance Access to Clean, Reliable Energy in Sub-Saharan Africa
The Power Africa program will support 10 million on- and off-grid connections for households and businesses in the region.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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