Inspired Evolution raises $90 million for South African solar and wind projects

Climate Finance Inspired Evolution has raised $90 million for South African solar and wind projects. The funds, from unnamed development finance institutions, will boost South Africa’s supply of electricity and help it wean itself off coal. The first close for Inspired Evolution’s second fund will let it continue to invest in solar and wind projects across

Opti’s $5.5 million raise shows growing interest in climate tech

Climate Finance The stormwater management system Opti has raised $5.5 million to build out its infrastructure monitoring services as U.S. cities cope with increased flooding and water quality issues. Extreme weather events topped the list of concerns at the World Economic Forum last month. The Alliance for Integrative Approaches to Extreme Environmental Events launched with $3 million

Armenia to open bids for its first solar power plant

Climate Finance Armenia is building out its renewable energy capacity. Construction on the South Caucasus country’s first ever solar plant is expected to begin in 2017 and be completed by 2020. The 40 to 50-megawatt plant in the east-central part of the country is part of a $58 million program to improve the country’s capacity for

University of California breaks with Wells Fargo over values

The University of California is the latest to tell Wells Fargo it is taking its banking business elsewhere. UC canceled $475 million in business with the bank, including a $300 million line of credit. The university was under pressure from the Afrikan Black Coalition over Wells Fargo’s investments in private prisons, but a university spokesman said

Disrupt Carbon: Shift to Electric Vehicles and Solar Power Speeds the End of the Oil Era

Climate Finance Students of disruptive innovation over the last several decades will recognize the pattern. Solar panels and electric cars, once derided as fringe products for niche markets, are marching to dominance. The end of oil will come sooner than we think. And sooner than the oil companies admit, at least publicly. Solar energy could supply

Companies that design for Africa have a headstart on the future

The Brookings Institution’s Foresight Africa 2017 could be a blueprint for global growth and inclusive prosperity: access to financing, job creation and skill development, tech innovation and democratization, smart urbanization, climate action and good governance. Africa is leading the way with mobile and energy technologies that are leapfrogging traditional grids and broad access to financial

Don’t mention climate. For Midwest farmers, it’s the economy, stupid

Save the climate change talk for the politicians. U.S. farmers already dealing with erosion and shrinking aquifers are embracing farming techniques that fight soil erosion and conserve water. No-till farming is nothing new; it can reduce the nearly two billion tons of annual topsoil runoff that causes billions of dollars in losses. Instead of carbon emissions,