-
Failing to Learn from Failure is Undermining Energy Access: Why the Lack of Transparent Discussion is Putting SDG7 at Risk
Despite the clear need for sustainable energy and clean cooking solutions, energy access projects frequently fail – and all too often, these failures go unreported. According to Iwona Bisaga at Modern Energy Cooking Services and Julia Tomei and Tash Perros at University College London, the lack of discussion of failures is holding back progress toward global energy access. They share insights from a new study that examines what failure means to different actors across the sector, assesses the different types of failures that occur, and explores why the topic is so rarely discussed.
- Categories
- Energy, Environment
-
$56 Million From NORAD to Guarantee Renewable Energy Projects in Africa
The Norwegian Agency for Development Cooperation is providing a $56 million grant to the African Trade Insurance Agency (ATI).
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
Press Release: Quaise Energy Secures $40 Million Series A to Unlock Terawatt-Scale Geothermal Energy
New funding will accelerate Quaise’s ability to demonstrate its novel drilling technology in the field and tap into hotter and denser sources of renewable geothermal energy.
- Categories
- Energy
- Region
- Global
-
The Emerging Africa Infrastructure Fund Backs 40MW Kesses Solar Project in Kenya with US $35 Million Loan
The Emerging Africa Infrastructure Fund confirmed its leading position as a provider of debt funding to Africa’s alternative energy generation sector.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
Moving the Clean Cookstoves Sector Forward: Six Principles for Investors
Around 3 billion people rely on solid fuels for their daily cooking needs, causing adverse health, environmental and socioeconomic impacts – especially among women. Clean cookstoves promise a solution to these issues, but according to Mitzi Perez Padilla at FMO and Fabrizio Valenti at KSAR & Associates, the sector's effectiveness depends highly on how investment decisions are made. They share insights from a recent study that identifies six principles investors should follow to ensure that clean cookstove investments yield the greatest possible impact.
- Categories
- Energy, Impact Assessment, Investing
-
How Cross-Industry Collaboration Can Spur the Digitalisation of the Last-Mile Distribution Sector
Last-mile distributors play a critical role in bringing energy and other life-changing products and services to customers in sub-Saharan Africa, and digitalisation is key to enabling these companies to operate at scale. But as Javier Baranda Alonso at Energy 4 Impact explains, both distributors and digital service providers often struggle to understand and service each other’s needs. He shares insights from a research report that highlights ways to accelerate the digitalisation of last-mile distribution by building bridges between the two sectors.
- Categories
- Energy, Social Enterprise, Technology, Telecommunications
-
The Growing Urgency of Funding Off-Grid Solar: Exploring the Multi-Billion Dollar Investment Opportunity in Achieving Climate and Energy Access Goals
The off-grid solar industry currently serves 420 million people, while enabling remote and vulnerable populations to adapt to climate change. But as Koen Peters at GOGLA points out, financial flows into the sector have stalled over the last five years, and it is not receiving anywhere near the funding it needs to fulfill its potential. He explores the momentum and impact of off-grid solar, discussing why much faster progress – and much greater funding – is needed for the sector to address the increasingly urgent challenges of climate change.
-
Bboxx Secures $14 Million Loan to Finance Solar Home Systems in Kenya
Off-grid renewable energy provider, Bboxx has secured a loan of USD 14 million from SBM Bank (Kenya) Ltd., to provide clean and affordable energy to nearly half a million people in Kenya, through off-grid solar home systems.
- Categories
- Energy
- Region
- Sub-Saharan Africa
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.