African Development Bank Approves $324 Million Loan for Renewable Energy Projects
The African Development Bank (AfDB) approved $324 million (~₹20.84 billion) in loan support for two renewable energy projects. The projects are being developed in Morocco and Côte d’Ivoire. The loan ...
Greenlight Planet Raises $60 Million for Off-Grid Solar Financing
Greenlight Planet, a solar home energy company, has raised $60 million (~₹3.86 billion) in funding from a group of investors led by London-based private equity fund manager Apis Partners. Greenlight ...
ISA and EBRD Enter Partnership to Support Renewable Energy Development
The International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) have signed a joint financial partnership declaration that deepens their cooperation in support of renewable energy ...
USAID Announces $6.3 Million for Sub-Saharan Africa’s Off-Grid Solar
The United States Agency for International Development (USAID) has awarded a total of $6.3 million to strengthen the off-grid energy sector in Sub-Saharan Africa. The awards will provide capital to ...
Engie Enters African Off-Grid Solar Market with the Acquisition of Fenix International
French multinational energy conglomerate Engie announced that it has reached an agreement to acquire 100 percent of Fenix International, a next generation energy company that offers solar home systems (SHS) ...
SolarNow Receives $6 Million in Financing
SolarNow, a solar energy, and financial solutions provider, has received $6 million in financing from SunFunder, responsAbility Investments AG, and Oikocredit. According to the company, the $6 million facility will ...
M-KOPA Solar Secures $80 Million in Commercial Debt Funding
M-KOPA Solar, a pay-as-you-go energy provider to off-grid homes, has secured $80 million of committed financing. The company will utilize the funds over the next three years to provide finance ...
