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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
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Lease-to-Own Energy: Part 3 of our Digital Finance Plus series explores how mobile money is enabling affordable off-grid solar energy solutions
With 1.3 billion living without electricity worldwide, the need for off-grid energy solutions is massive. In Part 3 of our Digital Finance Plus series, Peter Glenn of Fenix International describes how the company uses mobile finance to provide an innovative payment plan that helps make solar energy affordable to people in emerging markets.
- Categories
- Energy, Environment
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Off Grid Electric gets $7M to ‘light Africa in a decade’
Why do more people live without electricity today than when Edison turned on the first light bulb?For as long as he can remember, Xavier Helgesen has been fascinated with this question. And today, he landed $7 million in financing for his Arusha, Tanzania-based venture, Off Grid Electric, which provides solar energy to people in emerging nations.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- impact investing, solar
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How Crowdfunding Solar Power is Democratizing the Way we Finance Clean Energy
Crowdfunding campaigns for solar power are gaining traction. Pioneering startups like Mosaic are changing how we finance renewable energy.
- Categories
- Energy
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