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Zola Electric Closes $90 Million Funding Round To Scale Technology and Enter New Markets
Zola Electric, one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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BlackRock Foundation Awards $100 Million to Breakthrough Energy
The BlackRock Foundation has announced a five-year, $100 million commitment to Breakthrough Energy in support of its Catalyst fund to accelerate the development of clean energy technologies.
- Categories
- Energy
- Region
- Global
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Curbing Deforestation in Sub-Saharan Africa: Why Woodfuel Alternatives Are a Key Sustainable Solution
Deforestation is rampant in sub-Saharan Africa – the only region where the pace of forest loss has increased in each of the last three decades. According to Ian Otula and Aaron Pattillo of Vuma Biofuels and Wassa N’Gandjo Cisse of the BESTSELLER Foundation, the root cause of this crisis is the fact that woodfuels provide over 80% of the region's energy, and there's an alarming imbalance between supply and demand. They explore how woodfuel substitutes can offer a solution to this issue – and how Vuma Biofuels is leveraging these sustainable fuel sources to address a key driver of deforestation in Kenya: the tea industry.
- Categories
- Energy, Environment
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Analysis: Governments Must Prioritise Off-Grid Energy in Africa’s Economic Recovery
The pandemic has exacerbated some hard truths about the inequality of energy access, with those lacking it hit hardest - but we have the tools to end energy poverty now.
- Categories
- Coronavirus, Energy
- Region
- Sub-Saharan Africa
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Palmetto Pledges $5 Million to Women’s Solar Training in Africa
Under “Get Solar, Give Solar,’ Palmetto has pledged a $5 million, multi-year commitment to offer significant support for Solar Sister’s core operation.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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It’s Time for More Open Source in Energy Access. Here’s Why.
What needs to happen to achieve global access to energy by 2030? Tamara Mahoney of EnAccess spent several years talking to energy access innovators about the best way to move the sector forward, and a common viewpoint emerged from those conversations: An open-source approach is necessary to achieve universal energy access. She explains why this model is both effective and inevitable, and discusses EnAccess' efforts to support new technologies, business models and knowledge in energy access by funding and sharing open-source tools and innovations.
- Categories
- Energy
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Press Release: Deetken Impact Sustainable Energy Announces Its First Investment in Solar Energy in Jamaica With Soléco Energy
Through a common equity investment in a Special Purpose Vehicle, the funds will finance solar PV distributed generation projects for commercial and industrial clients using long-term solar lease agreements.
- Categories
- Energy
- Region
- North America
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Press Release: Schroders and BlueOrchard’s Climate Impact Strategy Rapidly Attracts $100 Million
Schroder ISF BlueOrchard Emerging Markets Climate Bond Fund has attracted USD $100 million in less than three months since launch.
- Categories
- Energy, Environment
- Region
- Global
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