Investment
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World Bank Spurs Kenya Off-Grid Solar Expansion with $150MM IDA Credit
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The $150 million in World Bank IDA is to be used to provide community solar mini-grids, standalone off-grid solar energy systems, solar water pumps, solar ...

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Solar DAO Closed-End Fund Aims to Blow Open Doors to Global Utility-Scale Project Investment
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Israel-based Solar DAO intends to offer $80 million worth of Ethereum-based, profit-sharing Solar DAO tokens and invest the proceeds in large-scale solar power ...

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Warburg Pincus Planning to Plow $75MM in Indian Rooftop/Residential Solar Developer
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International investment groups and multinational corporations are taking a growing interest in entrepreneurial startups capable of successfully navigating ...

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Jaguar Land Rover Joins Growing Ranks of Multinationals Bringing Sustainable Energy to Off-Grid Africans
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Jaguar Land Rover on June 5 launched “Lighting Up Lives,” a sustainable, clean energy initiative carried out in a collaboration with ClimateCare that aims to ...

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Microgrids without Subsidy? Check Out the C&I Market
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Microgrids often need some form of policy support. This is especially so for microgrids that are deployed for a public purpose, such as community resilience. ...

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Facebook, Microsoft Join in Launch of Sustainable Microgrid Investment Accelerator
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Facebook and Microsoft are joining the growing ranks of leading high-tech industry players aiming to expand sustainable energy access and renewable energy ...

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First Non-Recourse Project Financing for Utility “Behind the Meter” Battery Energy Storage
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CIT has completed the first non-recourse project financing package for Macquarie Capital, which is working with Advanced Microgrid Solutions, to bring 50-MW of ...

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Solar Crowdfunding Non-Profit Wins DOE-SunShot “Solar in Your Community” Seed Funding
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Innovative non-profit, community solar-focused RE-volv will use an initial $100,000 seed grant to further develop its plans to install solar PV systems for 10 ...

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Episcopalian, Methodist Churches Plow $60MM into Developing World Off-Grid Solar
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The Church Pension Fund and Wespath Benefits and Investments have invested $60 million ($30 million each) in Developing World Markets’ (DWM) landmark $60.8 ...

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MTN, Lumos Global Expect to Empower 1 Million Nigerians with Launch of Mobile Electricity Service
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The advent of off-grid, mobile pay-go household solar energy systems is producing amazing results in a growing range of Sub-Saharan nations. The MTN-Lumos ...

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USAID Adds Momentum to Sub-Saharan Off-Grid Solar with $4 Million of New SOGE Grant Awards
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USAID will award Scaling Off-Grid Energy Development Grand Challenge grants of up to $500,000 each to Sub-Saharan start-ups that demonstrate commercially ...

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Haiti Solar Micro-Utility Amps Up, 20x Expansion in Customer Base on Tap
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The first to be awarded funding from ElectriFi, pioneering renewable energy micro-utiliy Sigora International aims to expand the customer base of its pilot, ...