News

Funding & Investment – June 2017

CLOSING SOON

Call for Expressions of Interest for mini-grids by the Government of Sierra Leone, Deadline June 27, 2017

Companies and NGOs are invited to express their interest in the technical and commercial operation of 50 (fully grant financed) smaller mini-grids, and the co-investment in and operation of 40 (partly grant financed) larger mini-grids in Sierra Leone. For further details please refer here.


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The Microgrid Investment Accelerator (MIA) is seeking to finance the deployment of microgrid projects, Deadline June 30, 2017

To qualify, experienced renewable energy service companies (RESCOs) must have at least one installed and operational micro-grid in rural India, Indonesia or Tanzania. In addition, MIA can only consider projects that:

  • Are over 5 KW in peak generation capacity
  • Use renewable energy as the primary generation source
  • Have a specific focus on providing energy access to un- and under-served communities
  • Are located in Bihar or Uttar Pradesh India, Indonesia, or Tanzania

If your company qualifies and has a viable project in development, please review and complete the Request for Qualifications.


 CLOSING SOON

2018 Rolex Awards for Enterprise, Deadline June 30, 2017

Applications for the 2018 Rolex Awards for Enterprise are now open. Five Rolex Awards will be offered to Young Leaders, between the ages of 18 and 30 years old, who have a ground-breaking proposal or initiative that will help to expand knowledge of our world and improve the quality of life on the planet.

Applications must be broadly in the areas of the environment, applied science and technology, or exploration. The five winners will each receive 100,000 Swiss francs, double the amount of prize money previously offered to young Award winners. They will also benefit from worldwide publicity and receive a Rolex chronometer.

In addition to demonstrating a spirit of enterprise and leadership, candidates must put forward projects or work plans that have a clear purpose, are original and have the potential for significant impact. For more details, visit the application page.


Call for Expression of Interest: For private sector companies to expand distribution of non-wood based cooking fuels in and around Kakuma Refugee Camp in Kenya, Deadline July 2, 2017

Energy 4 Impact is leading a consortium on a ground-breaking project that is testing new approaches to improve energy access and management in displacement settings. The Moving Energy Initiative (MEI) is a collaboration between Energy 4 Impact, Chatham House, Practical Action Consulting, the Norwegian Refugee Council (NRC) and the Office of the United Nations High Commissioner for Refugees (UNHCR). It is funded by the UK Department for International Development (DFID).

The MEI is currently implementing an initiative aimed at creating a viable market opportunity for deployment at scale of a non-wood based cooking solution at household level, focusing on the Kakuma and Kalobeyei refugee camps in North East Kenya.

The MEI is inviting expressions of interest from private sector stove and fuel companies and organisations interested in developing partnerships, and commercial and operational solutions to achieve viable non- wood cooking solutions in and around the Kakuma and Kalobeyei refugee camps.

The call will allow the MEI to further structure the type of support that may be required for this initiative on the ground and shortlist companies to participate in additional rounds with the view of selecting a company that will receive support through the MEI to establish the fuel in the market.

The call for expressions of interest and more information can be found here.


Call for Proposal: Project Development and Financing Initiative for Climate & Clean Energy in Asia, Deadline July 19th 2017

The relaunched PFAN, under its new hosting with UNIDO and REEEP, has recently launched a call for proposals for the Project Development and Financing Initiative for Climate & Clean Energy in Asia. Clean energy or climate businesses operating in South- or Southeast Asia or Mongolia (for the full list of eligible countries see http://cti-pfan.net/wp/wp-content/uploads/2017/05/PFAN_PDFI-Asia-8_RFP_final.pdf) and looking for investment are invited to make a submission. Selected businesses will receive coaching to improve their business plans, and will be introduced to interested investors. Some qualified mature projects will have the opportunity to present to potential investors at the Asia Forum for Climate & Clean Energy Financing in Singapore in 2018.

Thus far, PFAN has raised over $1.2 billion for the projects in its pipeline. Under its new hosting structure, its activities will be scaled up by a factor of 2 to 5 by 2020.

More information about the call: http://cti-pfan.net/event/call-for-proposal-pdfi-asia-8/.

New PFAN website: www.pfan-network.net.

Contact: info@pfan-network.net.


Launch of ENEA Access 2nd Call for Projects 2017, Deadline July 31, 2017

ENEA has created the pro-bono ENEA Access Program as part of its business model in a committed effort to contribute to access to energy in developing countries, particularly in Sub-Saharan Africa. This program aims to support social entrepreneurs and development organizations who work on the field to improve energy access. Examples of projects ENEA has supported so far through its pro-bono program are available in the project portfolio here.

ENEA is now launching its 2nd Call for Projects of the year and will select 3 more project developers to benefit from the ENEA Access program. The selected projects will receive 30 to 100 days of pro-bono consulting services. In return, fixed costs associated with field trips will be at the expense of the project developer.

Depending on the maturity and the needs of the applicant’s project, here are some of the issues ENEA can help with:

  • Realization of feasibility studies, market studies and technology benchmarks to precise your project design
  • Analysis and business models / business plans construction to define your positioning
  • Support in pilot projects implementation to test your solution in real conditions
  • Strategy definition, realization of techno-economic analyses, process management, partners identification to scale-up your solution / business model
  • Environmental and socio-economic impacts evaluation to add value to your project with potential donors

US-India Clean Energy Finance Initiative Opens Call for Applications, Rolling Basis

The newly launched US-India Clean Energy Finance (USICEF) initiative is currently seeking applications from project developers and project proponents in India’s distributed solar power sector, who could benefit from project preparation services and funding for early stage project development.

USICEF aims to drive access to energy in underserved regions of India, by supporting early stage development of distributed solar power projects. A partnership formed at COP21 in Paris between the Indian Ministry of New and Renewable Energy, the Overseas Private Investment Corporation (OPIC), and a consortium of US foundations, USICEF provides project preparation support that will catalyze long-term debt financing for distributed solar power from OPIC and other international financial institutions. Climate Policy Initiative (CPI) serves as the Program Manager.

To find out more about eligibility criteria, project preparation services, and how to apply, visit usicef.org. You can also get in touch with CPI at usicef@cpiclimatefinance.org.


Breakthrough Energy Ventures Launched, Deadlines TBD

In December 2016, the $1 billion Breakthrough Energy Ventures (BEV) fund was announced, with a focus on fighting climate change by investing in clean energy innovation. The fund is made up members of the Breakthrough Energy Coalition, with leadership composed of entrepreneurial investors and scientists.

The fund is focused on providing seed, angel and Series A investments to early stage companies in order to get the most transformative ideas out of the lab and on the path to commercialization. The fund will make investment decisions based on four criteria: climate impact, potential to attract capital from outside sources, scientific possibility, and filling the gaps for companies that need BEV’s unique attributes, which include patience and flexible investment capabilities.
Further details on how to apply will be made available on the new BEV website.