Off-Grid Solar Could Create 570,000 Jobs in Sub-Saharan Africa by 2022: Report
The off-grid solar value chain can create up to 570,000 jobs in Sub-Saharan Africa by 2022, excluding manufacturing, the UCL Engineering for International Development Centre has said in a recent report. Despite ...
Evolution II Fund Secures Another $87.75 Million for Clean Energy Access in Africa
Inspired Evolution, an Africa-focused investment advisory firm that specializes in providing clean energy access, has secured another $87.75 million, reaching a total capital of $216 million at the final closing ...
OPIC Provides Initial Financing for SunFunder’s $85 Million Solar Energy Transformation Fund
The Overseas Private Investment Corporation (OPIC) has made an initial investment into SunFunder’s $85 million (~₹6.04 billion) Solar Energy Transformation Fund. The fund supports electricity access through the use of ...
UK Climate Investment and Investec Pledge 1 Billion Rand for Renewable Projects in Africa
The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand ($36 million) in Revego Africa Energy Limited, an investment vehicle dedicated for renewable energy projects in Africa ...
UK Pledges £100m for Improving Electricity Access in Sub-Saharan Africa
The United Kingdom has committed an additional funding of £100 million for the Renewable Energy Performance Platform (REPP) which aims to give a major boost to Sub-Saharan Africa’s small to ...
Church Pension Fund Infuses $17 Million to Promote Solar Energy in South Asia
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 ...
