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By Sarah Casey, Portfolio Director, Climate Council Emerging economy countries face the undeniably huge task to transition their economies to be cleaner and more sustainable. This transition, however, will impact jobs in fossil fuel-based energy production and could, if not considered from a social perspective, negatively impact millions of individuals in emerging economy nations. Many of these countries–including India, Indonesia […]
During the COVID-19, aka the coronavirus, pandemic, we have heard daily the importance of good hygiene. Maintain physical distance, avoid unnecessary crowds, and above all else wash your hands. These acts of proper hygiene are meant to keep us safe as the virus continues to take its somewhat unpredictable course. Likewise, another important action we must all remember amid this […]
Crowdfunding may supply the rooftop solar projects with $5 billion of investment within five years, more than 50 times the amount raised to date.
Just a few months after shuttering its US fab, mc-Si solar cell maker Spectrawatt is filing for Chapter 11 bankruptcy protection.
Renewable energy certificates (RECs) have been one of the most effective means to increase the use of renewable energy.
Enersol Associates, a non-profit group based in Massachusetts has been exploring the idea of using small solar arrays to bring computers to rural schools in developing countries through their EduSol program.
Engie SA and Kawisafi Ventures, supported by the Green Climate Fund, invested in the U.K.’s BBOXX Ltd. in a bid to boost the rapidly expanding global market for off-grid solar power.
When outgoing Massachusetts Acting Governor Jane Swift handed a symbolic gavel to incoming Governor Mitt Romney, she handed him a heavy burden indeed.
Startup Powerhive, a company that provides off-grid energy access to people in emerging markets said on January 25 that it completed a Series A $20M financing round led by Prelude Ventures with participation from Caterpillar Ventures, Total Energy Ventures, Tao Capital Partners, Pi Investments, and select other private investors. Powerhive provides development expertise, software and control systems for microgrids in emerging markets. Its pilot project is an 80-kW capacity microgrid set up in four sites in Kisii, Kenya serving approximately 300 customers that it built in 2012. The company helps developers identify potential sites, source equipment (generally solar PV and energy storage), find and sign up customers and manage the energy delivery process.
Just nine months after pay-as-you-go (PAYG) off-grid solar company PEG announced that it had raised $3.2 million to expand its presence in Ghana, today the company announced that it has raised an additional $4.3 million to continue that expansion. Paris-based Energy Access Venture (EAV) invested $2 million in the latest round, joining Blue Haven Initiative. Existing investors Engie Rassembleurs d’Energie and Investisseurs & Partenaires also participated in the round. The funding will be used to expand operations in Ghana, build out the management team, and to enter Ivory Coast.