Solar home systems provider Greenlight Planet has just secured $90 million to accelerate the distribution of its solar home systems in Africa. The funds were obtained as part of a financial mobilization involving several financial institutions including Commonwealth Development Corporation (CDC Group), the Netherlands Development Finance Corporation (FMO), Norfund and ARCH Emerging Markets Partners. This […]
Time is running out for the government to achieve its goal of universal access to electricity by next year but Dhaka has doubled down by allocating $26 million for PV panels in hard-to-reach areas.The government of Bangladesh has approved a $26 million project to provide free solar home systems to 40,000 households in three hilly […]
Next generation utility BBOXX has secured an $8 million loan from the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF). The local currency loan – one of the first to be made since the fund’s launch last year – accelerates BBOXX’s roll-out of solar home systems across Rwanda, its largest market. The Rwandan Franc-denominated loan […]