Providing a jolt of support to power the minigrid market

With the prices of solar technology dropping and the opportunity to save drastically on energy usage and costs, businesses and organizations across the country are investing more in solar infrastructure for their buildings and facilities. The Better Buildings Initiative of the US Department of Energy is helping by providing guidance and documenting effective approaches and financing for renewables installations - from hotels, to schools, to big box retail.

Years of misrule and a subsequent dearth of hard currency, along with crippling bank-fostered debt cycles and exorbitant home mortgage interest rates, have created immense suffering for Myanmar's poor. But with the guidance of a local NGO, Women for the World, a pilot project helped women in some of Yangon's poorest neighborhoods capitalize on their cultural "head-of-household" status; by forming and managing community savings cooperatives, the women have instilled trust through local control and, above all, enabled members to secure land, build homes, buy food, and even generate profit through loans to families' business enterprises.

New York is determined to become a national leader in the renewable energy sector, and they are leveraging numerous approaches to help integrate better and more environmentally conscious technologies into the grid. The multi-faceted approach includes updating laws and regulations to be more renewables-friendly, hosting competitions to foster entrepreneurship and creative solutions in the field, piloting new technologies, and creating better incentives for utility companies.

In Jackson, Mississippi, a series of community-led cooperatives are creating opportunities for affordable home ownership. This is part of a trend across the country to create community land trusts. They are financed through donations, other community businesses, or commissions. Though each land trust faces hurdles, they are collectively allowing more access to wealth and ownership in historically low-income neighborhoods.

FEMA’s response to Puerto Rico post-Hurricane Irma has been the “longest sustained domestic airborne food and water mission in the nation’s history. The agency has never distributed more food or installed more generators.” However, due to bureaucracy and delayed decision making, there are still thousands of Puerto Ricans who have not received aid, or were underserved.

Solar power is a great advancement for renewable energy, but traditionally relies on connecting to a grid in order to function correctly. So when hurricanes hit Puerto Rico, even those with solar panels lost access to electricity. A micro-grid offers an alternative solution, however, by relying on battery power.

In the wake of a massive natural gas extraction project by Chevron, the Australian government asked the oil behemoth to bury as much as 4 million metric tons of carbon dioxide, which would otherwise be released into the atmosphere. The technology fueling the burying initiative, called carbon capture and storage (CCS), has had success in similar projects around the world in reducing greenhouse gas emissions from the oil creation process.

Mosaic Development Partners (MDP) seeks to create wealth for the black community in Philadelphia by providing affordable housing and creating opportunities in neighborhoods that are considered risky investments for typical real estate companies. The black-owned company has created housing as well as retail opportunities for minority and women-owned businesses who historically have a harder time accessing capital and loans. The company is mission-driven but operates on a for-profit model, finding economic solutions for systemic problems that have kept black communities from creating generational wealth.

Solar energy is a clean, cheap, renewable, and land-efficient resource, making it a valuable technology to scale up in the face of climate concerns and clean energy. Diversifying the supply chain for creating and sourcing solar panels can help make solar energy more reliable when faced with geopolitical and human rights issues.

The Nusantra Fund provides financial support directly to community-led projects in Indonesia. The aim is to improve the livelihoods of Indigenous and local people while tackling climate change impacts and protecting biodiversity.