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African Development Bank Group Commits $164 Million to Promote Renewable Energy In Nigeria, 5 Other Countries
Nigeria is among five other African countries that will benefit from the African Development Bank Group (AfDB) Leveraging Energy Access Finance Framework (LEAF).
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, scale
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Husk Power Systems Secures Largest-Ever Debt Finance for Solar Microgrids in Rural India, Receiving $4 Million from IREDA to Construct 140 Microgrids
Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of solar energy community microgrids in India, today announced the successful close of $4.2 million debt financing from the India Renewable Energy Development Agency (IREDA) Ltd.
- Categories
- Energy
- Region
- Global
- Tags
- rural development, scale, solar
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Innovations in E-Mobility: An Electric Vehicle Startup Seeks to Gain Traction in Mexico
Mexico City is the fifth most populated city in the world – and the most congested city in North America. Over the years, traffic and pollution levels have spurred government efforts to improve mobility in the city. But momentum is also building in the private sector, as illustrated by the startup Zacua, Mexico's first electric vehicle brand. Diana Páez at the William Davidson Institute spoke with Nazareth Black, Zacua’s CEO and a prominent e-Mobility advocate, to learn more about the company’s efforts to accelerate the adoption of e-Mobility solutions in the country.
- Categories
- Energy, Technology, Transportation
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Press Release: Quaise Energy Secures $40 Million Series A to Unlock Terawatt-Scale Geothermal Energy
New funding will accelerate Quaise’s ability to demonstrate its novel drilling technology in the field and tap into hotter and denser sources of renewable geothermal energy.
- Categories
- Energy
- Region
- Global
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Press Release: Asian Companies Are Steadily Catching up to Their Western Counterparts When It Comes to ESG Initiatives
The survey conducted by Robocash Group shows that 45% of the respondents from India, Malaysia, Pakistan, the Philippines, and Vietnam who are willing to invest are interested in ESG. However, ESG factors have yet a long way to go to reach massive buy-in from the retail investor community.
- Categories
- Investing
- Region
- Global
- Tags
- ESG, impact investing, scale
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Clikalia Clicks on $86 Million to Expand its iBuyer Marketplace Across Europe and Latin America
Clikalia, another player in the so-called iBuyer space, has raised $86 million to take that model to markets in Europe and Latin America.
- Categories
- Investing
- Region
- Latin America
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Redefining the Corporate Value Chain: How Social Procurement Can Benefit Both Corporations and Social Businesses
The challenges of scale and the need for greater corporate involvement are perennial topics of discussion in the social business sector. But according to Lucie Durand and Daniel Nowack at Yunus Social Business, both of these challenges can be addressed through social procurement – the practice of integrating social businesses into corporate value chains. They discuss how this strategy can harness corporations' buying power to scale social enterprises, and share insights from a how-to guide for industry practitioners interested in social procurement.
- Categories
- Social Enterprise
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The Beyond the Grid Fund for Africa Signs Its First Projects in Liberia
The two first agreements under the EUR 108 million facility have been signed with companies promoting energy access for low-income customers in the rural areas of Liberia.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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