Results for: Investor Interest

Despite a decline in overall off-grid solar funding, Productive Use of Renewable Energy (PURE) technologies experienced a surge in investor interest, raising $65 million in 2023. These technologies, such as solar-powered water pumps, refrigerators, and cold rooms, enhance livelihoods by enabling new revenue-generating activities, particularly in the agriculture sector. Laura Fortes, GOGLA’s senior Access to Investment manager, attributed the increased interest to the transformative impact of PURE technologies on resilience and income opportunities.

PwC’s latest Global Top 100 report reveals a significant jump in the market cap of the world’s largest public companies. The top 100 companies now boast a combined market cap of $8,438 billion, driven by investor interest in artificial intelligence (AI). Microsoft, Nvidia, Alphabet, Amazon, and Meta contributed to 54% of the market cap growth, with Nvidia alone accounting for 20%. Other sectors besides tech, including consumer discretionary, communication services, and financials, also experienced significant growth.