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Press Release: Solar Expert Joins Microfinance Leader FINCA International’s Board of Directors
FINCA International, a leading microfinance organization based inWashington, D.C., is pleased to welcome Dr. Fred Seymour, a solar energy expert, to its Board of Directors. A pioneer of microfinance, FINCA is actively exploring the development of additional social enterprises that can deliver nonfinancial products and services, starting with solar energy.
- Categories
- Energy
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Pay-As-You-Go Solar Power Takes Off in Africa
In Kenya the cell phone is being used to transform the way that people consume energy. M-KOPA Solar – the word 'kopa' is Swahili for 'borrowed' – is a Nairobi-based business that has pioneered the idea of "pay-as-you-go" solar energy in Africa.
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- Energy
- Region
- Sub-Saharan Africa
- Tags
- digital payments, solar
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Impact Investor Global Partnerships Invests in Solar to Connect the Poor With Light
To this day, an estimated 1.3 billion people do not have access to electricity. That is over a billion people who struggle to refrigerate their food and medicine, study at night to further their education, or charge their mobile phones. Electricity is crucial to human well-being and development, and lack of access to it is a huge barrier to overcoming poverty in the developing world.
- Categories
- Energy
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Greenlight Planet Receives Funding of $10 Million
Solar energy product company Greenlight Planet has raised $10 million (Rs in funding led by Fidelity Growth Partners India to support its distribution expansion efforts in India and Southeast Asia.
- Categories
- Energy
- Region
- South Asia
- Tags
- impact investing, solar
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M-KOPA Solar raises $12.45m in latest funding round
Kenyan startup M-KOPA Solar has closed its fourth round of investment through a US$12.45 million equity and debt deal led by LGT Venture Philanthropy, which will be used to expand the company’s product range, grow its operating base in East Africa and license its technology to other markets.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- solar
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This ‘Eco Stove’ Does More Than Cook Your Dinner
In Uganda, more than 28 million people in the country are without electricity. To put that into perspective, the entire population of the beautiful landlocked east-central African nation is less than 38 million people.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, solar
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MIT-USAID Program Releases Pioneering Evaluation of Solar Lanterns
When a person lives on less than $2 a day — as some 2.7 billion people around the world do — there isn’t room for a product like a solar lantern or a water filter to fail. It’s a challenge development agencies, nongovernmental organizations, and consumers themselves face every day: With so many products on the market, how do you choose the right one?
- Categories
- Energy, Impact Assessment
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Schneider Electric Introduces Innovative Solar Street Lights
Schneider Electric has announced the introduction of a new range of innovative energy efficient maintenance-free Solar Streetlights popularly known as Villaya.
- Categories
- Energy