Developing World Energy

Uncategorized

Pay-As-You-Go Solar Companies Spread Light Across Africa

Just nine months after pay-as-you-go (PAYG) off-grid solar company PEG announced that it had raised $3.2 million to expand its presence in Ghana, today the company announced that it has raised an additional $4.3 million to continue that expansion.

Paris-based Energy Access Venture (EAV) invested $2 million in the latest round, joining Blue Haven Initiative. Existing investors Engie Rassembleurs d’Energie and Investisseurs & Partenaires also participated in the round.  The funding will be used to expand operations in Ghana, build out the management team, and to enter Ivory Coast.

Read More
NewsUncategorized

Solar Business Models for Growth: The Private Sector Needs to Lead on India’s Rural Electrification Deficit

The Indian state of Uttar Pradesh is home to the country’s largest population of un-electrified villages. According to data collected by the Council on Clean Energy, Environment, and Water (CEEW), more than seventy percent of Uttar Pradesh’s two hundred and twenty million residents still depend on kerosene lamps and diesel generators for lighting and electricity.

Read More
NewsUncategorized

Papua New Guinea First to Finalize Climate Plan Under Paris Agreement

Papua New Guinea recently became the first country to formally submit the final version of its national climate action plan (called a “Nationally Determined Contribution,” or NDC) under the Paris Agreement. The small Pacific nation’s plan to transition to 100 percent renewable energy by 2030 is no longer just an “intended” nationally determined contribution (INDC) — it is now the country’s official climate plan.

Read More