The United Kingdom’s Green Investment Bank has announced its first investment plan in the emerging renewable energy markets of India and Africa. The Bank will invest £200 million in renewable energy projects in India, South Africa, and East African countries, through the UK Climate Investments – a joint venture between the … [continued]
A new report from Bloomberg New Energy Finance has found that developing nations attracted a record $126 billion in clean energy investment in 2014. Clean energy investment of $126 billion represents an increase of $35.5 billion, or 39%, on 2013 clean energy investment levels. Most importantly, however, this figure eclipsed … [continued]
A global program backed by the World Bank aimed at studying and determining renewable energy potential across the world will now focus on three African countries. Under the Energy Sector Management Assessment Program (ESMAP), DNV GL is working to determine wind energy potential in Zambia, Tanzania, and the Maldives. The first … [continued]
A new campaign, Power for All, wants to bring electricity to hundreds of millions of people in areas where there currently is none.
Originally published on Planetsave.com. Using a unique business model to sell solar lights in rural African off-grid communities, SolarAid aims to eradicate the dangerous and toxic kerosene lamp from Africa by 2020. Working in Kenya, Malawi, Tanzania, Zambia, and Uganda, the lives of over 10 million people in Africa are … [continued]
M-KOPA Solar has apparently had little problem winning awards. You can scan through the awards here. Most recently, it won the prestigious and highly competitive Zayed Future Energy Prize (in the SME category). Following the Zayed Future Energy Prize awards ceremony*, I had the chance to interview M-KOPA’s managing director and cofounder, Jesse Moore. … [continued]
The Tanzanian government has announced an initiative to get solar power to one million homes by the end of 2017. It is expected that achieving this goal will also create about 15,000 solar jobs and create solar power for about 10% of Tanzania’s population. About 80% of Tanzania’s citizens currently … [continued]
Originally published on Solar Love. International Finance Corporation is providing a $4.5 million loan to a solar leasing company in Tanzania called Off Grid Electric for the expansion of solar power. IFC is a member of the World Bank Group. A $2.5 million loan from Cordiant Capital of Montreal, Canada … [continued]
Numbers collated by senior editor at Greentech Media, Stephen Lacey, show that $42 million has been invested into off-grid solar companies currently working in developing countries already this year. Which, for context, equates to roughly two-thirds of all off-grid investments made throughout 2014. Greentech Media reported towards the end of … [continued]
If you missed any of our own renewable energy stories, of course, I recommend reading them first. However, if you’ve gone through all of those and want to skim some more top stories, here’s a list I’ve compiled in the past two weeks: Renewables, in General 6 Charts That Show … [continued]
