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DRC Energy Firm Nuru Obtains US $40 Million in Latest Round of Funding
Nuru anticipates it will receive an additional US$28 million in project finance by the end of the month.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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U.S. Launches $7 Billion Program to Bring Solar to Low-Income Households
The Environmental Protection Agency on Wednesday launched a $7 billion competitive grant program that aims to give low-income communities access to residential solar panels.
- Categories
- Energy, Technology
- Region
- North America
- Tags
- renewable energy, solar
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Press Release: Distribution Network Infrastructure Drives Down Capex And Boosts IRR For Mini-Grids, CrossBoundary Mini-Grid Innovation Lab Finds
Analysis of data from 2020 to 2023 shows that the adoption of grid densification positively impacts grid economics, customer acquisition, and grid utilization.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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World Bank Approves Indonesia Loan, Funding for Clean Energy and Health
The World Bank said on Tuesday it had approved a $1.14 billion project to expand access to cleaner electricity in Indonesia.
- Categories
- Energy, Technology
- Region
- South Asia
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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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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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Paygo Solar Startup Yellow Raises $14 Million to Scale in Africa
Following the new funding, Yellow plans to deepen its reach in its current markets Malawi, Rwanda, Uganda, Zambia, and Madagascar.
- Region
- Sub-Saharan Africa
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Avoiding the Resource Curse: Challenges — And Progress — in Harnessing ‘Green Mineral’ Wealth for the Benefit of Developing Countries
The growth of renewable energy has led to skyrocketing demand for the “green minerals” used in constructing and powering clean energy technologies. But as Leslie Tsai at the Chandler Foundation explains, despite this demand, the countries that are rich in green minerals and other natural resources are often among the poorest in the world — a paradox often called the “resource curse.” She explores how businesses, governments and other key stakeholders can ensure that these countries benefit from their natural resource wealth.
- Categories
- Energy, Technology