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Priority Status for Solar Power Will Aid Smaller Players
The Reserve Bank of India (RBI) recently revised its priority sector lending (PSL) guidelines. Now medium enterprises, social infrastructure and renewable energy (RE) will form part of priority sector, in addition to the existing categories. This has brought excitement to the stake-holders.
- Categories
- Energy
- Region
- South Asia
- Tags
- lending, renewable energy, solar
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GoSun Grill: The Only Solar Cooker That Cooks Day or Night
Earlier this year, we featured the GoSun Stove, a compact fuel-free cooker powered by nothing more than the sun’s rays. Now, the forward-thinking company is trying to launch their GoSun Grill—a larger and perhaps improved version of the cooker since it feeds many more people.
- Categories
- Energy, Health Care
- Tags
- renewable energy, solar
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Solar Crowdfunding: In Need Of A Kickstart
Solar power is going intergalactic. In an announcement late last month, SolarCity SCTY +1.77%, the country’s largest installer of rooftop solar arrays, announced that private space company SpaceX had scooped up $90 million of its corporate bonds.
- Categories
- Energy
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Ikea’s Newly Designed Refugee Shelters Are a Game Changer
The units are spacious, have solar panels, and can last an average of three years.
- Categories
- Energy, Environment
- Region
- North Africa & Near East
- Tags
- solar
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Where Is the Rockefeller Family Reinvesting Its Former Oil Holdings?
The Rockefeller Brothers Fund—the $866 million-asset foundation started in 1940 by John D. Rockefeller Jr.’s five sons—announced in September that the family would divest itself of all their coal, tar-sands, and fossil-fuel investments held in the fund’s endowment. The eight Rockefeller family trustees on the board decided the fund needed “to better align its endowed assets with its mission” of combating climate change.
- Categories
- Energy, Environment
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This Woman Might Be the Most Successful Impact Investor You’ve Never Heard Of
The February ribbon cutting for Gigawatt Global’s new $24 million solar field in Rwanda was an impact investment showcase. More than 28,000 solar panels, arranged in the shape of the African continent, added six percent to the entire country’s electricity production.
- Categories
- Energy, Impact Assessment
- Region
- Sub-Saharan Africa
- Tags
- impact investing, solar
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The Future of Mobile Money: Building Seamless Financing Options Through Clean Energy
Clean energy in developing economies rests with a seamless, ubiquitous, easy-to-use financing platform based on energy and mobile money. Wireless credit is a very important piece of that platform.
- Categories
- Energy
- Tags
- renewable energy, solar
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Sunlabob Renewable Energy Receives $2.1 Million Investment
Sunlabob Renewable Energy, a Laos-based group that specializes in bringing clean energy solutions to rural communities, has this week secured an impact investment of $2.1 million to enable it to expand its off-grid programs in Asia, Africa and the Pacific region.
- Categories
- Energy