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Infuse Ventures, Intellecap Impact Investment Network invest Rs 3 crore in solar startup Surya Power
MUMBAI: Intellecap Impact Investment Network (I3N) andInfuse Ventures have invested $500,000, or Rs 3 crore, in Coimbatore-based solar-agriculture startup Surya PowerMagic.
- Categories
- Energy, Impact Assessment
- Tags
- impact investing, solar
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Solar Crowdfunding Platform SunFunder Join’s Power Africa’s Beyond the Grid
The US Government, under the aegis of the Obama administration, has formally launched Power Africa to increase energy access to those in need in sub-Saharan Africa. SunFunder is one of the founding partners of the initiative and joins an august group that includes another solar crowdfunding platform Mosaic.
- Categories
- Energy, Environment
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I.D.B. to finance solar energy plant in Chile
The Inter-American Development Bank has approved a total of $66.4 million to finance a photovoltaic solar energy plant in the Chilean region of Antofagasta.
- Categories
- Energy, Environment
- Tags
- solar
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A Renewable Proposition (Part 2): Why the sun is shining on West Africa and solar microgrids
This is the second of a two-part article on Persistent Energy Partners (PEP) and its first acquisition in Ghana. In this post, we take a closer look at PEP’s first acquisition and its position in the pay-as-you-go solar sector for low-income markets.
- Categories
- Energy
- Tags
- impact investing, solar
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A Renewable Proposition (Part 1): Formerly E+Co, Persistent Energy Partners looks to solar horizon
The near collapse of E+Co as non-profit renewable energy impact investor has served as a cautionary tale throughout the impact investment community. Out of its ashes, for-profit Persistent Energy Partners emerged, and made its first acquisition late last year.
- Categories
- Energy, Impact Assessment
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Online Solar Marketplace Raises $1M In Equity Crowdfunding
Levine, a serial entrepreneur, raised $2 million in an angel round in 2011 and $14 million in a second round the next year.
- Categories
- Energy
- Tags
- crowdfunding, solar
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Bloomberg invests $5 million in portable solar-powered lamp for off-grid African populations
Former New York Mayor Michael Bloomberg's foundation has announced a $5 million investment in an artsy-looking solar-powered lamp designed for use in off-grid populations in Africa.
- Categories
- Energy
- Tags
- solar
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Weekly Roundup – The Indispensable Platform: The growing importance of mobile access to businesses that serve the poor
With over 50 percent of people in the developing world having access to a cell phone, mobile access has become an indispensable platform for businesses and services focused on the BoP. We discuss its impact and potential in this week’s Roundup.
- Categories
- Agriculture, Education, Energy, Impact Assessment, Technology, Telecommunications