Investment sought for metering, microgrid delivery in developing countries


As the Sustainable Energy for All (SE4ALL) initiative gathers momentum investment opportunities are opening up in companies and organizations delivering metering, microgrids and other solutions for decentralized energy delivery in developing countries.

SE4ALL was launched in September 2011 with the triple goals of achieving by 2030 universal energy access, a doubling in the rate of improvement in energy efficiency, and a doubling of the share of renewable energy in the global energy mix.

To date more than 75 countries have chosen to pursue SE4ALL’s objectives, and over 50 “high impact opportunities” have been identified that will advance the objectives, while governments, the private sector, and multilateral institutions are mobilizing resources.

Underlying these activities is a global practitioner network, established under the United Nations Foundation, bringing together experts in areas from mini-/microgrids to energy and health, with a focus on promoting the adoption of new technologies and innovative financial and business models.

Numbering in excess of 1,500 business and organizational members from 191 countries, the network’s latest work is the compilation of a directory of investment and funding opportunities among these members.

“A common refrain of members across technologies and geographies has been of the ongoing need for financing more closely tailored to meet the needs of businesses, social enterprises and non-profit organizations in the sector,” writes Richenda van Leeuwen executive director of the network in the directory’s foreword. “Needs vary from early stage capital, growth equity and project finance to grant funding for certain types of applications.”

This first edition of the directory contains 141 organizations. Of these 3 provide metering solutions, including low cost smart metering and prepayment, and in excess of 35 offer mini- and microgrid solutions.

Other solutions offered include wind, solar and other renewables generation, energy efficiency and storage. The financing needs of the 141 members in the directory total some US$250 million.

Access the directory HERE

Other recent SE4ALL news is that energy assessments have been launched in 42 countries, accounting for 361 million people without access to electricity. At least 12 of these assessments will be completed by April 2014, and will serve as the basis for energy investment prospectuses developed for each country.

According to World Bank Group president Jim Yong Kim following an SE4ALL Advisory Board meeting earlier this week, to achieve the initiative’s goals will require mobilizing an additional $600-800 billion a year up to 2030.

By Jonathan Spencer Jones