Energy access enters decade of homegrown innovation

Micro, small and medium-sized enterprises (MSMEs) are the global engine of innovation and job creation. On MSME Day, learn about the state of energy access entrepreneurship in Africa and Asia, how disruptive ingenuity is accelerating SDG7, and why financial and technical support for innovation must be redoubled post-pandemic.

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Local manufacturing: a next frontier for SDG7

Almost without exception, the growth of distributed renewable energy (DRE) in sub-Saharan Africa and developing economies in South and Southeast Asia has been achieved on the back of inexpensive imports from China. That is changing.

4 keys to unlock cheap micro-grid finance

To improve lender confidence and increase project financial attractiveness, micro-grid developers should reduce the risks of non-steady cash flows through four short-term actionable strategies

IEA Concludes DRE “Least-Cost Solution” for 75% of SDG7 Connections Needed

An updated analysis of electricity access by the International Energy Agency (IEA) concludes that “decentralised systems, led by solar PV in off-grid and mini-grid systems, will be the least-cost solution for three-quarters of the additional connections needed” to achieve Sustainable Development Goal 7 (SDG7) by 2030.

Finance Focus: Mini-grids Meet their match.com

“New investors are interested in mini-grids, but they look at companies and say ‘They are not ready for us’,” says Katrina Pielli, senior energy advisor for the U.S. Agency for International Development (USAID). “It’s exhausting for investors to go through 16-tab spreadsheets with no two developers presenting things the same way.”