The way to a solution is not just more money, but putting the money in the right place. So far, the existing data do not indicate that funding levels and energy access needs are being logically or consistently deployed.

Coal and the centralized system it powers will not end energy poverty - only a decentralized clean energy 'grid' will get the job done. As other international public finance institutions (IFIs) step forward to end coal finance the real question is whether the World Bank will lead, follow, or get out of the way as this inevitable transition occurs.

Want to reduce solar PV costs from the start? Use less material and associated processes.

Energy poverty is not merely economic; it is expressed in deforestation, respiratory illness, and maternal and child mortality

It's interesting to note that the African Energy Atlas devotes a short but significant section to the renewables sector stating that “wind, solar and geothermal energy are losing their niche status”.

Stand alone street charge stations will enable New Yorkers to charge their smartphones and gadgets while on the go.

The roughly one-in-six people who live beyond the reach of electric grids are a massive potential market for any company that can get them power. Right now, that business belongs to startup ventures, because multinational corporations and local utilities are either unable to reach them or uninterested, according to a new industry report.

Baker & McKenzie: Renewables can play a major role in the electrification of Sub-Saharan Africa because they can compete with conventional energy sources, particularly away from the limited transmission networks or developed fuel transportation hubs. But It is important to adopt the right long-term approach and to structure investments appropriately.

ADB has signed a $2 million equity investment in Simpa Networks, a company that offers a simple, prepaid payment platform to enable affordable clean energy solutions for underserved consumers in India.

Clean energy is "one of the greatest economic opportunities of all time," said John Kerry, U.S. secretary of state. "Access to energy is the essential ingredient of economic development. You can't create jobs in the dark," he said, adding combating climate change and reducing energy poverty are "two interconnected challenges that cannot be separated."

Newsletter

Don't miss any news!

Subscribe Sun-Connect News