EDP backs SolarWorks’ off-grid expansion in Southern Africa

ImpactAlpha, October 8 – The Madrid-based renewable energy company, EDP Renováveis, has invested €2 million ($2.3 million) for a minority stake in Dutch off-grid solar venture SolarWorks. SolarWorks provides pay as you go home solar systems in Mozambique, where only 24% of the population has access to electricity. The capital will be used to support SolarWorks’

Impact investors join forces to call on GE to lead the clean-energy transition

  • Investors with tens of billions in assets have written an open letter to incoming General Electric Co. CEO Lawrence Culp making the case that he can turnaround the Boston-based firm’s ailing valuation by becoming a leader in the global transition to clean power and transportation.