Topic: Rural Programs

Rural Programs Articles

Replacing Diesel Generation with Hybrid Renewable Energy Plants

What players are emerging to transform the fleet of off-grid diesel power plants in developing countries? This year’s Finance for Resilience winners at the Bloomberg New Energy Finance Future of Energy Summit included Global Renewable Independent Power Supplier (GRIPS). GRIPS seeks to connect large off-takers with investors through an innovative, market-based approach. According to Alexander Voigt, CEO of GRIPS, the startup will replace captive diesel generation with hybrid renewable power plants in places with nonexistent or unstable grid connections.

Innovation Routes Clean Energy to Low-to-Middle-Income Communities

On Oct. 20, stakeholders from across the clean-energy-finance sector came together for the day-long conference in New York City, Innovations in Clean Energy Finance IV: Market Successes and Lessons for Lower Income. The conference was convened by Citi, Environmental Defense Fund, and Elevate Energy. An historic hardware store is still open in a community in Edmonton, Canada. Low- and moderate-income (LMI) households are often respectively defined as families with incomes less than 80 percent or 100 percent of the Area Median Income. They comprise 40 percent of American households, according to a report by the Federal Reserve Bank of Kansas...

A Solar Social Enterprise Collects Best Practices in India

How can social enterprises finance solar power and other investments sustainably while also bringing funding up to scale? SELCO Foundation hosted two roundtable discussions in India in 2014 and 2015 to ask stakeholders how to respond to these challenges. The roundtables and a set of interviews yielded a report, “ Bridging Gaps: Investors and Social Energy Enterprise .”

Citi Suggests Global Climate Investment Goals

On the surface, Citi’s recommendations of global climate investment goals, published in August in the report “Energy Darwinism II: Why a Low Carbon Future Doesn’t Have to Cost the Earth,” look deceptively simple. But a closer look at the patchwork of international regulations, legislation, and carbon markets reveals that financing clean energy in developing nations may be quite challenging to accomplish.

A Road Map for Introducing Clean Energy in Developing Nations

Developing nations encounter multifaceted challenges when they seek to create clean-energy infrastructure. Responding to a need for a road map to help developers and decision makers solve these problems, EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) and Practical Action have published a report called “Building Energy Access Markets: A Value Chain Analysis of Key Energy Market Systems.”

Is the White House’s Solar Commitment on Target?

When the White House announced a multipronged solar commitment that benefits low-to-moderate-income communities, the decision did not take place in a vacuum. Although most news coverage has simply focused on the federal statement, a more in-depth look shows this thorny challenge has blocked progress for the solar industry for a long time. According to some researchers, this commitment does not provide a complete solution.

Imagining a Fresh Start for the Power Grid

Imagine you could design the electricity market in one state from scratch. There are no pre-existing programs to satisfy and no political baggage to consider. Your only guideline is to allow the continued growth of solar power and distributed generation. You’re given a blank slate on which to envision a long-term, sustainable energy market. What would it look like?

Finance for Resilience Chooses Winning Innovations

On April 15, delegates at the Bloomberg New Energy Finance Future of Energy Summit 2015 in New York City nominated four winning innovations to accelerate finance for clean energy. These high-impact “interventions” were chosen from 52 ideas submitted to Finance for Resilience (FiRe) this year. FiRe is an open and action-oriented platform that collects and develops ideas that can add at least $1 billion to clean energy investment in their first three years.