Category: News
Delegation Prepares for COP28: ARE Takes Action
ARE will participate at the 2023 UN Climate Change Conference (COP28) this year again in Dubai with a delegation of its members. COP brings together government, business, NGOs, and civil society leaders, represents a critical moment to strengthen collaboration and […]
ARE kicks off Southeast Asia Working Group
ARE inaugurated its first ever Southeast Asia Working Group with the ambition of scaling up ARE’s presence, efforts, and impact in the region. Nine ARE Members joined the meeting and provided their inputs to ARE’s Southeast Asia Blueprint. Together with […]
ARE Unveils Enhanced Visual Identity with New Website
We are delighted to announce the unveiling of our refreshed visual identity, accompanied by the launch of our brand-new website—a platform meticulously designed to elevate the online experience for our network! Modern and Intuitive Design Immerse yourself in the sleek […]
GCF approves USD 50m for Camco’s new blended finance fund for Africa, REPP 2
London, 25 October 2023: The Board of the Green Climate Fund (GCF) has approved the allocation of USD 50m in equity to REPP 2, a new debt fund providing an opportunity to invest in Sub-Saharan Africa’s fast-growing renewable energy market. Climate […]
Burundi’s Minister of Energy calls for collaboration to increase energy production at the Burundi Renewable Energy Access Days (BREAD 2023)
In his opening speech, H.E. Ibrahim Uwizeye, Minister of Hydraulics, Energy and Mines, called for greater collaboration to meet Burundi’s energy needs and vision. Bujumbura, 5 October 2023 – The second edition of the Burundi Renewable Energy Access Days (BREAD), from […]
Empowering Burundi’s energy future: the second edition of the Burundi Renewable Energy Access Days is back in Bujumbura
Bujumbura, 29 September 2023 — In a concerted effort to advance Sustainable Development Goal 7 (SDG-7) coupled with SDG 13 and to accelerate universal access to electricity in Burundi, leading organisations are once again uniting to present the second edition of […]
Crowdfunding boost for airborne wind energy tech
12 July 2023 – Two airborne wind energy developers have attracted major global investment through crowdfunding initiatives, pushing the sector closer towards commercialisation. According to ARE Member Airborne Wind Europe (AWE), which said that the latest funding rounds from EnerKite and Kitemill […]
Gaia’s investee Nuru closes over $40m of equity funding to drive metrogrid scaling in the Democratic Republic of the Congo
Goma, Democratic Republic of Congo, 3 July 2023 – Nuru, one of Africa’s pioneering renewable energy-powered metrogrid companies, has announced the successful close of over $40m in Series B equity funding and anticipates the close of an additional $28m in project […]
MySol Grid Zambia (ENGIE) to construct 60 mini-grids – USD 7.5 million of debt transaction signed with Cygnum Capital
30 June 2023 – On June 29th 2023, FEI signed finance documents to provide USD 7.5 million of senior debt to MySol Grid Zambia. This transaction structured by FEI provides MySol Grid Zambia (“ENGIE”) with the necessary funding and flexibility to […]
Reskube introduces its new solution equipped with solar charging capability
23 May 2023 – ARE Member Reskube unveiled the highly anticipated launch of Reskube Home Pro, now equipped with an innovative solar charging capability. This groundbreaking development marks a significant milestone in their ongoing mission to improve the availability of reliable power […]