Unlocking $1 trillion in clean energy investment requires a new financial architecture capable of investing in, and scaling, an increasingly distributed world.
One piece of that architecture took a significant step forward last week. Beyond the grid solar financier SunFunder moved a step closer to closing the industry’s largest debt round targeting a new ‘beyond the grid solar fund’ worth $50 million. That fund has now been capitalized with $15 from the US government Development Finance Institution (DFI) the Overseas Private Investment Corporation (OPIC).