The PayGo solar model could solve Africa''s electricity crisis
Off-grid, solar power model PayGo is tackling Africa''s electricity problem, with similar companies signing up 750 million homes to solar energy on a pay-as-you-go-basis. In addition to being a cost-effective solution, it is also boosting local economies by
New Reporting Standards Could Energize the Off-Grid Solar
The African Power Platform aims to connect private and government stakeholders in Africa''s power sector. The platform helps circulate and propagate tenders, intelligence and business opportunities to its members.
Power Africa Supports the First Energy Sector Public-Private
Based on an agreement signed in 2022, Kube Energy will build solar projects in the regional capitals of Bria and Bouar. The 2.75 MW Bria project will connect public institutions, households, and
With the Support of the World Bank, a New Solar Park in the Central
Today, the Central African Republic is launching a new 25-megawatt solar park with battery storage in Danzi village, located around 18 kilometers from Bangui. The park will
Power Africa PAYGO Guide for Off-grid Energy Companies
Ever more off-grid companies (OGCs) across sub-Saharan Africa are adopting pay-as-you-go (PAYGO) business models, which allow customers to pay for off-grid products and electrification solutions over time.
With the Support of the World Bank, a New Solar Park in the Central
Today, the Central African Republic is launching a new 25-megawatt solar park with battery storage in Danzi village, located around 18 kilometers from Bangui. The park will supply electricity to 250,000 persons in the capital, almost doubling the country''s electricity generation capacity
Spark and SOL! Groupe collaborate on Solar Home Systems in
Spark has partnered with SOL! Groupe as their preferred manufacturer and supplier of the Spark Kit solar home system, with distribution now underway in Chad and soon the Central African Republic. Spark provides inventory to SOL! Groupe with pay-as-you-go (PAYGo) instalment payment options for end-users in Chad and the Central African Republic.
African Power Platform
The PAYGO solar home systems are financed through affordable instalments and the mini-grids foster economic development by enabling electrical productive use and triggering business opportunities for entrepreneurs in rural communities.
PayGo solar startup Yellow raises $14 million to scale in Africa
Yellow, an asset financier for solar energy and digital devices in Africa has raised $14 million series B funding in a round led by Convergence Partners with participation from the Energy Entrepreneurs Growth Fund, managed by Triple Jump, in addition to follow-on investment from Platform Investment Partners.
African PAYG solar companies have hogged 72% of sector''s
The latest biennial report into the global off-grid solar industry points to a post-pandemic recovery in sales of home solar systems, but also highlighted the stranglehold the seven biggest