minigrid

Husk has secured an additional $4 million in debt financing from ElectriFI, the EU-funded impact investment facility, further building upon ElectriFI’s initial $6 million investment in September 2022.

India’s ruling party Bharatiya Janata Party (BJP) has vowed continued focus on renewables, energy storage and electric mobility with a view to achieving energy independence for the nation by 2047.

Husk Power will use the fund for the construction of community solar minigrids in Nigeria, installation of rooftop solar for commercial & industrial (C&I) customers, expansion of appliance sales to households and small businesses, and the scaling of value-added services such as agro-processing and e-mobility.

A new survey from US-based impact measurement company 60 Decibels shows off-grid energy customers are currently facing a series of challenges such as product affordability, gender inequality, customer support, further investment in minigrids, and over-indebtedness. The report, however, reveals that most users say the quality of their lives “very much improved” thanks to off-grid PV.

Bringing together private and public capital in a risk-adjusted return structure, is key to scaling up financing for renewable energy assets such as solar mini-grids, says a new report.

The International Solar Alliance’s Global Solar Facility (GSF) includes payment guarantee, insurance and investment fund components to catalyze solar investments in underserved geographies.

Israel’s Ministry of Energy and Infrastructure says it is currently developing a multi-year program for communities attacked by Hamas on Oct. 7. It aims to deploy 5 GW of energy in the destroyed areas, once residents return.

To scale the adoption of clean technologies in rural areas, we need to focus more on leveraging the experience of early women adopters. We should organise hyperlocal events and demos – create spaces for women to network and become aware.

Amid calls for an immediate transition to renewable energy, it’s important to ensure that aspects such as domestic resource utilization, the cost of transition, and the impact on the population are not overlooked.

The Assembly has decided to increase the viability gap funding for solar projects in member countries from 10% of the project cost to up to 35%, depending on the capacity and needs of the countries and their respective projects.