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100MW Wind Farm to Power More Than 400,000 Ethiopian Households
Siemens Gamesa has sealed the deal on its first wind farm project in Ethiopia.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, SDGs
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Press Release: DFC and Rockefeller Foundation Sign MOU to Invest in Solutions to End Energy Poverty
The MOU seeks to achieve economies of scale by bringing together two major initiatives: The Rockefeller Foundation’s Powering an Inclusive Covid-19 Recovery and DFC’s Roadmap for Impact, the agency’s new strategy for maximizing its development impact.
- Categories
- Coronavirus, Energy
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Husk Power Uses Rice Husk to Generate Electricity in Rural India
Using a proprietary technology, the company has combined and synchronised solar PV, biomass gasification system and batteries to deliver highly reliable, 24×7 power. The biomass-gasification system is a proprietary design and uses agricultural waste as its feedstock, enabling benefits of reducing agri-waste burning on farm lands and creating an additional revenue stream for farmers. This proprietary technology makes it 100 per cent renewable electricity generation company.
- Categories
- Energy
- Region
- Asia Pacific
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CrossBoundary Offers up Its Mini Grids Business Model for African Peers to Benefit
The Kenyan financial services business has been developing rural mini grids across Africa and has announced plans to show its rivals how such networks can thrive, in a bid to accelerate access to electricity on the continent.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: Husk Power Systems Becomes First Minigrid Company to Power 100 Communities, 5,000 Small Business Customers
Today, Husk Power Systems, (huskpowersystems.com), the leading rural energy company operating renewable minigrids in Asia and Africa, announced that it has achieved two industry firsts: surpassing 100 community minigrids, and serving more than 5,000 micro-enterprise customers.
- Categories
- Energy
- Tags
- renewable energy, solar
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Lack of Capital is Just the Beginning: Why Roof-Top Solar is Facing Greater Challenges Than Many People Think
The solar energy sector is dynamic and growing – but as Rik Teeuwen at Footlight International points out, it's also unsettled, as off-grid solar players navigate challenges ranging from lack of finance to inconsistent regulation. In light of those issues, he pushes back on the argument, expressed by candi solar CEO Philippe Flamand on NextBillion earlier this year, that rooftop solar is a “no-brainer” for micro, small and medium enterprises. The truth, he says, is far more nuanced.
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Emerging Markets Ripe for Climate Deals, but Come With Social Costs, Risks
There is huge need for financing climate-related projects in emerging markets, but the social costs and the lack of return are acting as deterrents to global lenders.
- Categories
- Energy, Environment
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Press Release: First-Ever Peace REC (P-REC) Transaction Drives Renewable Energy Development in Africa
The first-ever Peace Renewable Energy Credit (P-REC) transaction has been executed by Microsoft with Energy Peace Partners (EPP) and project developer Nuru. In the agreement, Microsoft is purchasing P-RECs issued by EPP from a new solar project in the Democratic Republic of the Congo (DRC), which will directly finance the installation of streetlights in a recently electrified neighborhood of Goma, the capital of North Kivu province. The streetlights are connected to the same solar-plus-storage system which generates the electricity associated with the P-RECs. The transaction was facilitated by renewable energy, transportation decarbonization, and climate solutions specialist 3Degrees.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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