Off-grid Solar

The  World Bank has approved an International Development Association (IDA) fund of $150 million and another $74.7 million contingent recovery grant from the Clean Technology Fund to help increase off-grid ...

SolarHome, a Singapore-based Pay-As-You-Go (PAYG) off-grid solar solutions provider in southeast Asia, has raised $10 million in debt financing from a consortium of international investors, including Crowdcredit, a cross-border crowdfunding platform ...

The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, has committed $25 million in financing to the Solar Energy Transformation Fund LLC, which will provide loans to ...

This article is the second part of a series how solar is affecting different critical sectors in India. The first article addressed solar’s impact on India’s water usage. Solar power ...

Kazang Solar, distribution partner of Azuri Technologies in Zambia, has been awarded $1.6 million from the Africa Enterprise Challenge Fund (AECF) to provide solar home lighting products to more than ...

ZOLA Electric, formerly known as Off Grid Electric, an African renewable energy company, has secured $20 million in debt financing from solar-business lender SunFunder. The funding will be utilized to ...

The government of India recently claimed total electrification of 597,464 inhabited villages in the country with the electrification of Leisang village in the Senapati district of Manipur. Though the grid ...

The African Development Bank (AfDB) approved a ~$27.78 million proposal to secure a loan from Société Générale de Banque in Côte d'Ivoire (SGBCI), Crédit Agricole Corporate, and Investment Bank (Crédit Agricole ...

The Ministry of New and Renewable Energy (MNRE) has notified the new benchmark cost for off-grid solar photovoltaic (PV) systems and rooftop solar projects for the financial year (FY) 2018-19 ...

The Ministry of New and Renewable Energy (MNRE) has invited suggestions on construction standards for civil, mechanical, and electrical works for rooftop solar and off-grid solar PV systems. The ministry ...

During the second half of 2017, companies selling off-grid solar products reported sales worth $115 million from 4.14 million products sold worldwide, installing around 22 MW of solar panels. Sales volume jumped ...

Off-grid solar solutions provider d.light has successfully raised $50 million in funding from the European Investment Bank (EIB), responsAbility Investments, Social Investment Managers & Advisors (SIMA), SunFunder, and another mission ...

Abu Dhabi-based off-grid solar power provider Pawame has raised $2 million from Gulf investors to provide sub-Saharan African households with solar power solutions. This seed funding will be utilized by ...

M-KOPA Solar, a Pay-As-You-Go (PAYG) energy provider to off-grid homes, has partnered with Mastercard to provide electricity access to households in Africa. The partnership will provide Africans living without electricity ...

Singapore-based Pay-As-You-Go (PAYGO) solar off-grid solutions provider SolarHome, announced that it has raised $1.2 million in convertible note offering. According to a press release, SolarHome has raised over $2.3 million in funding to date, having ...

Off-grid solar solutions have benefitted approximately 360 million people across the globe, according to a new report by the World Bank Group’s Lighting Global Program, Dalberg Advisors, and the Global ...

African rooftop solar provider Off Grid Electric and global energy company EDF are expanding their partnership in sub-Saharan Africa after Off Grid Electric received $55 million in Series D financing ...

The government has been seriously pursuing the advancement of solar micro grids in the country. Speaking in the Lok Sabha, Union Minister of Power R.K. Singh apprised the House that ...

The Church Pension Fund (CPF) has invested $17 million (~₹1.07 billion) to provide financing to organizations that promote green energy initiatives. CPF is a financial services organization that serves the Episcopal Church ...

The Haryana Renewable Energy Development Agency (HAREDA) has tendered over 1 MW of off-grid solar projects for health centers across the state. The bid submission deadline is January 2, 2018 ...

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 ...

Although the worldwide sales of off-grid solar products declined by 7 percent in the first six months of 2017 compared to the final six months of 2016, the market remains ...

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) ...

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 ...

In a study, the Council on Energy, Environment, and Water (CEEW) found that solar-powered primary healthcare centers (PHCs) in Chhattisgarh admitted over 50 percent more patients and conducted almost twice ...