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How COVID-19 Is Reversing Energy Access in the Global South
Since the start of the pandemic, 100 million people have lost access to electricity. The off-grid renewable energy sector needs urgent support if progress towards the UN’s seventh Sustainable Development Goal, to ensure energy access for all, is to be maintained.
- Categories
- Coronavirus, Energy
- Region
- Global
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The Low-Hanging Fruit of Energy Access: Unlocking the Potential of Energy Efficiency Solutions for African Businesses
You’ve likely heard plenty of discussion of the approximately 600 million people who lack basic access to electricity in sub-Saharan Africa. But Adam Fitzwilliam at Camco Clean Energy points out that it's not just individuals who are energy poor: The region's business sector also needs access to reliable, renewable electricity. He explains why focusing on energy efficiency is one of the most cost-effective ways to address energy demand in the commercial and industrial sector, and explores why these efforts haven’t taken off yet in most sub-Saharan African markets.
- Categories
- Energy, Environment, Finance
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Japan’s Suzuki to Invest $1.4 Billion for Electric Vehicles at India Factory
Suzuki Motor plans to invest 104.4 billion rupees ($1.37 billion) in its India factory to produce electric vehicles (EVs) and batteries, Maruti Suzuki India, majority-owned by the Japanese carmaker, said on Sunday.
- Categories
- Energy, Technology, Transportation
- Region
- Asia Pacific
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Spark+ Africa Fund Raises Over $40 Million in a First Close to Invest in Clean and Modern Cooking Solutions in Africa
Spark+ Africa Fund (“Spark+”) launched in partnership with 12 development finance institutions, foundations, family offices, and pension funds as the world’s first impact fund financing clean and modern cooking solutions in developing markets.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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SEforALL and UN-Energy Announce Microsoft Signing Two Energy Compacts
Microsoft is the latest company to submit an Energy Compact, affirming its commitment to drive decarbonization of the electric grid to combat climate change.
- Categories
- Energy, Environment
- Region
- Global
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AfricaGoGreen Fund Receives $31.5 Million to Promote Private Sector Efficiency Investments
Development finance institution (DFI) the African Development Bank (AfDB) and its Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20-million in the AfricaGoGreen Fund (AGGF) debt fund.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Press Release: UAE and IRENA Launch New Initiative to Provide Communities With Access to Energy for Clean Cooking
Beyond Food partnership launched by IRENA and UAE in collaboration with NAMA to provide clean cooking energy and technologies to communities and households.
- Categories
- Energy, Environment
- Region
- North Africa & Near East
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IPCC Adaptation Report ‘a Damning Indictment of Failed Global Leadership on Climate’
“This report is a dire warning about the consequences of inaction,” said Hoesung Lee, Chair of the Intergovernmental Panel on Climate Change (IPCC).
- Categories
- Energy, Environment
- Region
- Global
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