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Manufacturing a COVID-19 Recovery: Why Building Local Manufacturing Capacity Is Key To Africa’s Pandemic Response
COVID-19 is taking a heavy toll on sub-Saharan Africa's economies. And as Salma Okonkwo at Blue Power Energy Ltd. points out, the region is particularly vulnerable because it relies on international imports and exports for much of its GDP. She proposes an effective way to help Africa recover from the pandemic and build resilience to future shocks: developing local manufacturing.
- Categories
- Coronavirus, Energy
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Bringing Refugee Camps Out of the Dark: An Entrepreneur-Driven Solution To Clean Energy for the World’s Most Vulnerable Communities
There are almost 80 million forcibly displaced people worldwide – and among refugees living in rural settlements, 90% have very limited access to electricity. Sofia Ollvid at SolarAid discusses its innovative collaboration in Malawi's Dzaleka refugee camp, which mobilizes the support of refugee entrepreneurs to bring solar lighting to a population that's been living in the dark.
- Categories
- Energy, Social Enterprise
- Tags
- climate health, renewable energy, SDGs, solar
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Local Solar Enterprises Are Changing Women’s Lives in Kenya: Why Won’t Investors Support Them?
In Kenya, women are battling climate change by using solar products made by innovative local companies. Yet as Sanjoy Sanyal and Chen Chen at the World Resources Institute and Deborah Mburu at IDEAS TANK point out, these companies remain under-supported by the international investing community. They highlight a few of these women and businesses – and urge investors to get off the sidelines.
- Categories
- Energy, Investing, Social Enterprise
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Press Release: Solarise Africa Lands $10 Million Series B Investment To Advance Clean Energy on the Continent
Innovative renewable energy leasing solutions attract significant global investment
- Categories
- Investing
- Tags
- business development, ESG, solar
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Engie and Eib Partner on Off-Grid Solar Scheme in Uganda
Millions of people in rural Uganda are set to access reliable and cheap electricity for the first time under a new off-grid solar scheme.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- impact investing, off-grid energy, SDGs, solar
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India to Boost Renewables by Over $800 Million in 2020
In India, the Ministry of New and Renewable Energy has been given an annual increase of 10.62% or INR 57.53 billion (approximately $806.65 million) in the country’s 2020 national budget.
- Categories
- Energy
- Region
- South Asia
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Giant Solar Arrays: Do Big Ambitions Mean Big Problems?
Some of the world’s most ambitious large-scale solar projects have been plagued by delay, ultimately making them a financial burden rather than a beacon on the renewable power horizon. Does this mean such projects are outdated?
- Categories
- Energy
- Tags
- energy access, solar
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Latin America and Caribbean on the Brink of Massive Solar Power Growth
Latin America and the Caribbean could grow their installed solar capacity by a factor of 40 by 2050, a new report by the International Renewable Energy Agency (IRENA) shows. Annual investmens exceeding seven billion would see the region's solar PV capacity rise from 7 gigawatts (GW) today, to more than 280 GW by mid-century. While solar energy remains the highest in Asia, North America and Europe, market growth is set to shift to other regions in the world.
- Categories
- Energy
- Region
- Latin America
- Tags
- renewable energy, solar
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