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Press Release: D.light and SFC Announce Industry-Leading USD $238 Million Multi-Currency Receivable Financing Facility
The new financing vehicle will pave the way for d.light to sustainably expand its PayGo operations across Africa.
- Categories
- Energy, Telecommunications
- Region
- Sub-Saharan Africa
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Ghana Signs $69.88 Million Renewable Energy Deal to Enhance Electricity Access
Ghana has signed a $69.88 million renewable energy agreement to enhance electricity access in the next four years.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Sun King Raises $260 Million to Widen Clean Energy Access in Africa, Asia
One of the largest solar companies in Africa and Asia, Sun King, has raised $260 million in series D funding to deliver off-grid energy technologies to more people across the two continents.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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BGFA Finances $2.5 Million for the Distribution of Oolu’s Solar Kits
The solar home systems provider will use the funds to expand its operations in rural areas of Burkina Faso.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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How the Founder of $12 Billion Startup Goodleap Is Revolutionizing Nonprofit Funding
Solar power entrepreneur Hayes Barnard discovered an innovative revenue model for charities, which fuels his nonprofit GivePower.
- Region
- Global
- Tags
- nonprofits, renewable energy, solar, startups
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Baobab+ Launches Pay-As-You-Go Solar in Nigeria
Baobab+, the leader in rural electrification in West Africa and Madagascar, has launched its Pay-As-You-Go solar power service in Nigeria.
- Region
- Sub-Saharan Africa
- Tags
- off-grid energy, solar
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Press Release: Malawi Takes Bold Steps to Increase Access to Solar Lights
We are pleased to report that, after lobbying the Malawian authorities, together with the Renewable Energy Industries Association of Malawi (REIAMA) and the wider solar sector, on the 18th February 2022, the Malawi Government took the decision to remove import duties (15 – 30%) on entry level solar lights.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Understanding COVID-19’s Impact on PAYGo Solar: Data From a Pioneering Study Reveals Key Insights About the Sector’s Financial Sustainability
The COVID-19 pandemic has had an unprecedented impact on PAYGo solar, causing up to 23 million people and 600,000 enterprises to miss out on improved energy access. Drew Corbyn at GOGLA, Bill Gallery at IFC and Roan Borst at Triple Jump share the results of a first-of-its-kind study that measured the impact of the crisis on the sector’s financial performance, based on data collected from 13 PAYGo solar companies. They discuss what these findings mean for the industry as it works to emerge from the pandemic’s ongoing disruptions.
- Categories
- Coronavirus, Energy, Finance, Impact Assessment