Category: Investment
World Bank Spurs Kenya Off-Grid Solar Expansion with $150MM IDA Credit

World Bank Spurs Kenya Off-Grid Solar Expansion with $150MM IDA Credit

The $150 million in World Bank IDA is to be used to provide community solar mini-grids, standalone off-grid solar energy systems, solar water pumps, solar cookers and training and ...

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Solar DAO Closed-End Fund Aims to Blow Open Doors to Global Utility-Scale Project Investment

Solar DAO Closed-End Fund Aims to Blow Open Doors to Global Utility-Scale Project Investment

Israel-based Solar DAO intends to offer $80 million worth of Ethereum-based, profit-sharing Solar DAO tokens and invest the proceeds in large-scale solar power projects worldwide.

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Warburg Pincus Planning to Plow $75MM in Indian Rooftop/Residential Solar Developer

Warburg Pincus Planning to Plow $75MM in Indian Rooftop/Residential Solar Developer

International investment groups and multinational corporations are taking a growing interest in entrepreneurial startups capable of successfully navigating treacherous commercial ...

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Aggreko Acquires Advanced Battery Storage-Smart Microgrid Systems Pioneer Younicos for $52 Million

Aggreko Acquires Advanced Battery Storage-Smart Microgrid Systems Pioneer Younicos for $52 Million

Aggreko and Younicos' chief executives waxed optimistic regarding the all-cash, GBP40 million acquisition and merger despite expectations Younicos will continue to lose money over ...

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Jaguar Land Rover Joins Growing Ranks of Multinationals Bringing Sustainable Energy to Off-Grid Africans

Jaguar Land Rover Joins Growing Ranks of Multinationals Bringing Sustainable Energy to Off-Grid Africans

Jaguar Land Rover on June 5 launched “Lighting Up Lives,” a sustainable, clean energy initiative carried out in a collaboration with ClimateCare that aims to bring safe and clean ...

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Microgrids without Subsidy? Check Out the C&I Market

Microgrids without Subsidy? Check Out the C&I Market

Microgrids often need some form of policy support. This is especially so for microgrids that are deployed for a public purpose, such as community resilience. Because utility ...

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Facebook, Microsoft Join in Launch of Sustainable Microgrid Investment Accelerator

Facebook, Microsoft Join in Launch of Sustainable Microgrid Investment Accelerator

Facebook and Microsoft are joining the growing ranks of leading high-tech industry players aiming to expand sustainable energy access and renewable energy microgrid deployment ...

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First Non-Recourse Project Financing for Utility “Behind the Meter” Battery Energy Storage

First Non-Recourse Project Financing for Utility “Behind the Meter” Battery Energy Storage

CIT has completed the first non-recourse project financing package for Macquarie Capital, which is working with Advanced Microgrid Solutions, to bring 50-MW of "behind the meter" ...

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Solar Crowdfunding Non-Profit Wins DOE-SunShot “Solar in Your Community” Seed Funding

Solar Crowdfunding Non-Profit Wins DOE-SunShot “Solar in Your Community” Seed Funding

Innovative non-profit, community solar-focused RE-volv will use an initial $100,000 seed grant to further develop its plans to install solar PV systems for 10 local non-profits ...

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Episcopalian, Methodist Churches Plow $60MM into Developing World Off-Grid Solar

Episcopalian, Methodist Churches Plow $60MM into Developing World Off-Grid Solar

The Church Pension Fund and Wespath Benefits and Investments have invested $60 million ($30 million each) in Developing World Markets’ (DWM) landmark $60.8 million ORCA (Off-grid ...

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