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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

Near-term commitments include 6 GW of clean energy in India alongside considerations for wind and solar in Africa and rural electrification in Latin America. 🛵 EMotorad , a Pune, India-based electric bike marketplace, raised $20M in Series B funding from Panthera Growth Partners, xto10x Technologies, and Green Frontier Capital.

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Two- and three-wheel EVs delivering more emissions reduction than cars

Charged

According to a recent study by the World Resources Institute , only a single one of these projects is currently on track to meet the goals set by the 2015 Paris Agreement: light-duty electric vehicle sales. In rich countries, motorcycles and electric bikes tend to be seen as luxury items, and three-wheelers are pretty much non-existent.

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? Africa’s inaugural climate summit #165

Climate Tech VC

Battery recycling attracts another big check with a $542M Series D, and food recycling attracts $70M. The summit also sought to highlight Africa as a destination for climate investments, rather than viewing the continent as predominantly a victim of droughts, famines, and floods. In deals this week, decarbonized steel secures $1.6B.

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Bboxx Wants To Scale Its Reach 10X To Benefit 36 Million People By 2028

CleanTechnica

Bboxx is a data-driven super platform that is working to help transform lives by unlocking potential through connecting consumers and deploying innovative products across Africa. Following its successful acquisition of solar energy frontrunner PEG Africa in 2022, Bboxx is now positively impacting the lives of more than 3.6

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Spiro Brings Its Electric Motorcycle Ecosystem To Nigeria

CleanTechnica

Spiro has the largest fleet of electric motorcycles on the roads in Africa. Spiro now has over 13,000 electric motorbikes and 40,000 swappable batteries in operation across Benin, Togo, Rwanda, and Kenya. Spiro says, to date, riders have collectively driven almost quarter of a billion kilometers.

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Solar-Powered Battery Swap Stations Could Speed Rwanda’s Shift to Electric “Motos”

CleanTechnica

Like many parts of Africa, motorcycles are the most popular form of transportation among Rwanda’s 13.3 million people. Whether they’re commuting to work or school, transporting jugs of water from the local taps, or just running everyday errands, people on “motos” can be found zipping up and down most busy.

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EV Battery Swapping Takes Over Africa, Is US Next?

CleanTechnica

A new, eye-catching EV battery swapping station from the firm Spiro levels up rider services and sets the table for rapid global expansion. The post EV Battery Swapping Takes Over Africa, Is US Next? appeared first on CleanTechnica.

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