Nairobi’s Sunfunder sets up $70m pot for solar and storage in Africa and Asia
The oversubscribed fund was closed with the help of a commitment by Austria’s national development bank. U.S. and Swedish state-owned lenders and impact investors dominate the pool of contributors to the debt finance, which will fund small-scale installations.
Unlocking Scandi-candy for PV projects in developing countries
A new report suggests that better guarantee mechanisms and securities could unlock more investments from Scandinavia for renewable energy projects in developing countries. Overall, however, it finds that Norway, Sweden and Denmark have comprehensive mechanisms in place for bringing together industry and public support schemes.
