In Short : At SAFDE 2025, ISA chief Ashish Khanna urged the private sector to triple investments in distributed renewable energy (DRE) to drive growth and job creation. With a $53 billion market potential, DRE could generate 35 million green jobs by 2047. A hybrid energy model and supportive policies were emphasized to boost access, […]
SPI, GIZ Tie Up with MNRE to Elucidate Role of Decentralised Renewable Energy – EQ Mag Pro
An arm of Rockfeller Foundation, Smart Power India (SPI), and GIZ joined hands with the Ministry of New and Renewable Energy (MNRE) to elucidate the role of decentralised renewable energy for the overall development of the nation, according to a statement. New Delhi : An arm of Rockfeller Foundation, Smart Power India (SPI), and GIZ […]
Innovative Financing Secures 28 New Minigrids in Nigeria
In Nigeria, a developer has secured project financing to establish 28 distributed renewable energy (DRE) systems, designed as solar PV and battery-powered minigrids with an aim to connect 55,000 people to electricity in rural areas. PowerGen is partnering with CrossBoundary Energy Access (CBEA), Oikocredit, Triodos Investment Management and EDFI ElectriFI to facilitate the development. Oikocredit, […]
Beyond Lighting: Impact of DRE on Multiple Sustainable Development Goals
Decentralized renewable energy (DRE) solutions are well-established in meeting small-scale rural energy needs in an affordable, reliable, and carbon-neutral manner. New Delhi : For a large and dispersed rural country like India, decentralised power generation systems offer a more efficient power system where electricity is generated and consumed at the same place. For prosumers — […]
GCF Approves $170.9M For AfDB’s Programme to Benefit African Countries
The board of the Green Climate Fund (GCF) has approved $170.9 million in financing for the African Development Bank’s (AfDB) Leveraging Energy Access Finance Framework (LEAF) programme. This is part of an overall allocation of $501.1 million in GCF resources for new climate projects. The new climate projects approved will mobilise a total of $2,949 […]
Covid-19: RE-look – Clean Energy for resilient India
Distributed solar energy has potential to unlock micro enterprise and strengthen local value chains. New Delhi: As India enters fourth week of lockdown, India’s strength and resilience is being put to test. Among other things, the pandemic has exposed the vulnerabilities of migrant labour and marginal rural communities. The pandemic has been a double whammy […]