Clean Energy
Ownership Economy | March 26, 2024
Wealth-building and community ownership in the next stage of The Great Deployment
Later this year, solar panels will be installed on the roof of the Brooklyn Army Terminal. Like thousands of emerging green projects across the …
Climate and Clean Tech | March 26, 2024
Evari raises $7.5 million to build more efficient heat pumps
More than 100 million households globally use heat pumps, which are gaining popularity as a more sustainable alternative for heating and cooling. Most …
Clean Energy | March 13, 2024
The path to universal energy access is local, inclusive and women-led
In Zimbabwe, Agriput Solar leverages a network of local women to sell solar home products in rural communities. Women-led Grean World in Ethiopia …
Clean Energy | March 4, 2024
Fervo Energy gets $244 million to meet demand for clean energy with geothermal
Impactalpha, March 4 — The techniques used for oil fracking also can be used to harness geothermal energy, a steadier, more consistent source …
Clean Energy | February 20, 2024
D.light closes $7.4 million solar securitization deal in Nigeria
ImpactAlpha, February 21 – Securitized financing enables d.light to move loans to solar customers off of its balance sheet, freeing its capital to …
Clean Energy | February 6, 2024
Brookfield’s second Global Transition Fund raises $10 billion for decarbonization and data centers
ImpactAlpha, February 6 — After raising its inaugural $15 billion Global Transition Fund in 2022, Brookfield has identified a pipeline of investment opportunities, …
Dealflow | February 2, 2024
Deal Spotlight: Can school buses balance the electric grid?
ImpactAlpha, February 2 — The $1.3 billion valuation for electric school bus maker Zum reflects not only the value of giving kids a …
Dealflow | February 1, 2024
Zum raises $140 million for school bus batteries on wheels
ImpactAlpha, February 1 — School buses are the largest source of mass transit in the US, transporting over 20 million students to and …
Clean Energy | January 29, 2024
Pumpjacks and natural gas rigs start to make way for photovoltaics and windmills
ImpactAlpha, Jan. 29 – Oil and gas fields are good places to produce energy – from wind turbines and solar panels. The often-lengthy permitting …
Community Finance | January 24, 2024
LISC’s Michael Pugh on navigating legal challenges to community development finance (Q&A)
ImpactAlpha, January 24 — After 100 days at the Local Initiatives Support Corporation, Michael Pugh is getting down to business. At the top …
Clean Energy | January 23, 2024
Energy spinoff GE Vernova may have a bigger carbon footprint than GE claims
This article originally appeared on Climate & Capital Media. At a seminal moment in the historic breakup of U.S. corporate giant General Electric, …
Dealflow | January 17, 2024
Swedish battery maker Northvolt raises $5 billion for battery recycling
ImpactAlpha, January 17 — Stockholm-based Northvolt isn’t just looking to lead the green battery race in Europe – it’s plotting world domination. Since …
Clean Energy | January 10, 2024
African investors back Africa50 to accelerate sustainable infrastructure
ImpactAlpha, January 10 – Morocco-based Africa50 aims to spur critical infrastructure development in Africa with different funding mechanisms that help developers overcome financing …
Africa | January 9, 2024
Rwandan electric motorcycle maker Ampersand raises $19.5 million for fleet expansion
ImpactAlpha, January 9 — Kigali-based Ampersand seeks to build and finance a fleet of five million taxi motorcycles and battery swapping stations across …
Dealflow | January 8, 2024
Bridges Fund Management sells stake in UK energy retrofitter AgilityEco
ImpactAlpha, January 8 — Bridges Fund Management acquired a “significant minority stake” in AgilityEco in 2019 to accelerate residential adoption of heat pumps …
Dealflow | January 3, 2024
AXIAN Energy secures $30 million from EAIF for renewable energy in Africa
ImpactAlpha, January 3 — AXIAN Energy has secured a $30 million debt investment from the Emerging Africa Infrastructure Fund, a $1 billion investment …
Dealflow | January 3, 2024
Ara Partners takes a majority stake in USD Clean Fuels to expand green fuel infrastructure
ImpactAlpha, Jan 3 — Ara Partners has acquired a majority stake in Houston-based USD Clean Fuels, which develops and manages terminals to transfer …
Looking Ahead to 2024 | December 22, 2023
Next Year in impact investing: Betting on the future
🗣 All in. It’s not hyperbole to say everything is at stake next year. There have been enough jeremiads about the dangers to …
Dealflow | December 11, 2023
India’s Ashv Finance scores $10 million from Encourage Capital for rooftop solar lending
ImpactAlpha, December 11 — Mumbai-based Ashv Finance, part of India-based impact investor Aavishkaar Group, provides flexible, collateral-free loans to micro, small and mid-sized …
Dealflow | November 29, 2023
French nuclear startup NAAREA raises €60 million to build modular reactors
ImpactAlpha, November 29 — NAAREA, short for Nuclear Abundant Affordable Resourceful Energy for All, is looking to raise €150 million to build a …
Africa | November 15, 2023
Easy Solar scores $7 million for energy access in Sierra Leone and Liberia
ImpactAlpha, November 15 – Until the early 2000s, both Sierra Leone and Liberia were rocked by civil war. One of the many longstanding …
Muni Impact | November 9, 2023
Southern California utility issues $162 million green bond to finance renewable power
Editor’s note: ImpactAlpha has partnered with HIP Investor to highlight upcoming bond issues with social and/or environmental significance. Disclaimer: Nothing in this post or on …
Clean Energy | November 2, 2023
EAIF commits $48 million to ‘social bonds’ for rural electrification in Côte d’Ivoire
ImpactAlpha, November 2 – Nearly half of Côte d’Ivoire’s 28 million people live in rural areas; less than 40% of them have access …
Clean Energy | October 31, 2023
Burn Manufacturing issues $10 million green bond for clean cooking in Africa
ImpactAlpha, October 31 – More than two billion people still use kerosene, wood, charcoal and other rudimentary, dirty fuels for most of their …
Corporate Impact | October 30, 2023
TELUS’ Pollinator Fund for Good backs three impact tech ventures
ImpactAlpha, October 30 — TELUS’ Pollinator Fund for Good has backed three new impact startups. Among the additions to the Vancouver-based corporate social …
Climate and Clean Tech | October 23, 2023
Shell’s Studio X launches cohort of early stage energy and climate tech ventures
ImpactAlpha, October 23 — Shell and other oil majors are increasing oil and gas production to cash in on rising prices. But they …
Clean Energy | October 18, 2023
Proparco extends loan to Ziz Energie for solar ‘metro-grids’ in Chad
ImpactAlpha, October 18 – The Central African country of Chad is one of the poorest in the world. Chad’s poverty extends to energy: …
Dealflow | October 13, 2023
ImpactAlpha Deal Spotlight: Geothermal heat pumps
ImpactAlpha, October 13 — The Inflation Reduction Act offers HVAC owners tax credits up to half the cost to install geothermal heat pumps, …
Clean Energy | October 11, 2023
Adenia takes a majority stake in South African solar provider Enfin
ImpactAlpha, October 11 – By the end of this year, South Africans will have faced 250 days of rolling blackouts in 2023. The …
Clean Energy | October 5, 2023
CrossBoundary Access backs UK-based Mobile Power for battery swapping hubs in Nigeria
ImpactAlpha, October 5 — CrossBoundary Access has raised $35 million from the African Development Bank, Microsoft, Bank of America and other investors to …
Frontier and Growth Markets | October 3, 2023
Bboxx snags $17 million World Bank subsidy for clean cookstoves in Rwanda
ImpactAlpha, October 3 — Cooking with firewood or coal is dangerous to human health and the planet. In Rwanda, more households are looking …
Green Infrastructure | September 13, 2023
Financing power transmission—not just generation—to meet Africa’s climate goals
Renewable energy generation and storage opportunities were a key focus at last week’s Africa Climate Summit in Nairobi, culminating in $26 billion in new …
Clean Energy | September 12, 2023
Canada’s Heliene raises $170 million in equity and debt for US solar plants
ImpactAlpha, September 12 — Demand is surging for solar cells that are manufactured closer to home to reduce shipping costs, speed delivery, and …
Inclusive Economy | September 12, 2023
Florrent raises $2.1 million to engage farmers of color in energy storage
ImpactAlpha, September 12 – How can farmers help “electrify everything”? By growing more hemp. Massachusetts-based Florrent is developing ultracapacitors, a form of large-volume …
Climate and Clean Tech | August 30, 2023
Elemental and Schmidt Family Foundation back Allume Energy’s rooftop solar for renters
ImpactAlpha, August 30 — Australia-headquartered Allume Energy is aiming to expand low-cost clean energy access to low-income renters in the southeastern US. “We’re …
Dealflow | August 28, 2023
ResponsAbility provides $20 million to CME Solar for rooftop solar in Vietnam
ImpactAlpha, August 28 — CME Solar Investments, a Vietnamese investor and developer of rooftop solar, has secured a long-term senior loan from ResponsAbility …
Clean Energy | August 16, 2023
TechMet rakes in $200 million to meet global demand for critical minerals
ImpactAlpha, August 16 — The energy transition will require ever-more lithium, nickel and cobalt for electric vehicles, batteries, solar panels and wind turbines. …
Clean Energy | August 14, 2023
Big Solar: D.light securitizes customer loans as incumbents consolidate off-grid energy market
ImpactAlpha, August 14 – Africa’s solar standouts are enjoying a moment of sun in an otherwise frosty investment climate. Led by the industry’s …
Caribbean / Island Nations | July 17, 2023
Caribbean Investor Capital eyes $4.5 million stake in Solengy for solar in Haiti
ImpactAlpha, July 17 – Poor grid infrastructure and fuel shortages are driving demand for off-grid solar in Haiti, where less than half the …
Low-carbon transition | July 7, 2023
Deal spotlight: Avaada’s big push to green India’s ammonia and hydrogen production
ImpactAlpha, July 7 – Green ammonia and green hydrogen are among the highest impact opportunities for the net-zero transition. The fuels are key …
Clean Energy | July 6, 2023
Nuru secures over $40 million for clean energy access in Democratic Republic of the Congo
ImpactAlpha, July 6 — Nuru (Swahili for “light”) has secured over $40 million to break ground on three projects in the DRC’s eastern …
Impact Muni Bonds | June 27, 2023
$1 billion in green bonds to reduce the cost of clean energy in Southern California
Editor’s note: ImpactAlpha has partnered with HIP Investor to highlight upcoming bond issues with social and/or environmental significance. Disclaimer: Nothing in this post …
India | June 22, 2023
India’s Avaana Capital raises $70 million for climate and sustainability fund
ImpactAlpha, June 22 — Mumbai-based, women-led venture capital investor Avaana Capital is looking to raise a total of $120 million for its first …
Clean Energy | June 21, 2023
Yellow raises $14 million for solar energy and smartphones financing in sub-Saharan Africa
ImpactAlpha, June 21 — Maya Stewart and Michael Heyink launched Yellow in 2017 to provide flexible financing for home solar systems to off-grid …
Africa | June 15, 2023
Zola, Sun King and M-KOPA offer three paths to Africa’s off-grid energy future
ImpactAlpha, June 15 – For a decade, access to affordable, reliable and modern energy increased by roughly 100 million people a year – until …