Acumen’s Hardest-to-Reach (“H2R”) initiative has invested $1 million in KIMS Microfinance, the largest microfinance institution in Somalia, to support the scaling of its off-grid solar financing activities. This… Read More »Acumen invests $1M in Somalia’s KIMS to grow off-grid solar
Solar Panda, a fast growing solar home system provider in Africa, announces its launch into Zambia, one week after announcing its expansion into Sénégal. Solar… Read More »Solar Panda acquires VITALITE Zambia, marking expansion into 3rd country in Africa
‘Designing for Sustainability: Blueprint for a Low-Carbon Cold Room’ serves as a blueprint for off-grid solar companies and practitioners to design sustainable cooling solutions. Efficiency… Read More »EforA publishes report on the world’s most sustainable solar-powered cold room
IFC and Stanbic IBTC Bank, a subsidiary of Standard Bank Group, have structured an $80 million local currency facility to enable off-grid customers to access… Read More »Sun King, IFC, and Stanbic IBTC Bank close $80m debt facility
REN21 announced the launch of its groundbreaking Renewable Energy Champions Initiative (RECI) at the 7th session of the Caribbean Renewable Energy Forum (CREF) in Miami.… Read More »New initiative by REN21: the Renewable Energy Champions Initiative
A Study of Repayment and Impact in the PAYGo Solar Market. Pay-as-You-Go (PAYGo) off-grid solar (OGS) solutions have a critical role to play in making… Read More »New report: Keeping the Lights On
Baobab Group announced today the successful completion of the sale of its majority stake in Baobab+ to BioLite. This strategic divestment will enable Baobab+ to… Read More »Baobab Group completes strategic sale of majority stake in Baobab+ to BioLite
Today, AECF officially launched the Solar Electrification Fund in partnership with Invest in Visions – a non-bank impact investor headquartered in Frankfurt. The Fund is… Read More »AECF and Invest in Visions launch Solar Electrification Fund
In a decisive move to accelerate energy access while marking a major milestone for Nigeria’s energy sector, the Rural Electrification Agency (REA) held the first… Read More »Nigerian REA signs deals with 8 companies for stand alone solar and mini grids
Moon and ANKA announced the official creation of MOOKA, a strategic joint venture that aims to achieve universal access to energy in Madagascar through an… Read More »Moon & ANKA create MOOKA raising €20m for universal access to energy in Madagascar