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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
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Liter of Light Wins Zayed Future Energy Prize
Litre of Light, a project in partnership with PepsiCo that brings cost effective solar lighting solutions to communities in need while recycling plastic bottles, has been honoured as the winning entry in the Zayed Future Energy Prize Non-Profit Organization category.
- Categories
- Energy
- Region
- Europe & Eurasia
- Tags
- renewable energy, solar
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SunEdison, Adani to Invest $4 bln in Indian Solar Panel Plant
Solar power firm SunEdison and Indian conglomerate Adani Enterprises plan to invest up to $4 billion in what would be one of India's largest solar panel makers, a boost for Prime Minister Narendra Modi as he hosts an investment summit.On the sidelines of Modi's Vibrant Gujarat gathering of statesmen and business leaders, the two firms said on Sunday that the new joint venture project would manufacture low-cost photovoltaic solar panels, helping turn sunlight directly into electricity at cheaper rates.Solar energy in India costs up to 50 percent more than power from sources like coal.
- Categories
- Energy
- Region
- South Asia
- Tags
- renewable energy, solar
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Seven Breakthroughs That Will Transform Global Health
Which major breakthroughs in technology have had a transformative effect on the lives of the world’s poorest? Vaccines for polio and other serious diseases; HIV anti-retrovirals; mosquito bed-nets with powerful insecticide infused into its fabric. All have transformed lives by dramatically reducing disease.
- Categories
- Energy, Health Care
- Tags
- solar
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SunEdison, IFC, OFID, and CABEI Close $146M Financing for Solar PV Projects in Honduras Totaling 81.7 MW
SunEdison Inc. (Belmont, CA, US) on December 15th, 2014 announced the closing of an approximately USD 146 million non-recourse debt financing arrangement with the International Finance Corporation (IFC), the Central American Bank for Economic Integration (CABEI) and the OPEC Fund for International Development (OFID).
- Categories
- Energy
- Region
- Latin America
- Tags
- renewable energy, solar