Latest Off-Grid Solar Market Trends Report Reveals USD 922 Million Has Been Raised Since 2012, While an Estimated 130 million Products Have Been Sold to Date, Reaching 360 Million People with Life-Changing Technology

…growth of over 85% annually since 2014. This has been driven largely by pay-as-you-go (PAYGO) sales. PAYGO financing is bringing solar products within reach of more consumers than ever, and has the potential to revolutionize consumer financing in emerging markets across a much wider spectrum of products. “The numbers in the report reflect a dynamic young industry that is altering the economic landscape of developing countries while delivering unpr…

As New Report Estimates the Off-Grid Solar Market has Provided Improved Energy Access to 360 Million People Globally, Sector Leaders Gather in Hong Kong to Chart the Future of the Industry

…d.light announces that following its successful launch last year of the pay-as-you-go X-series solar home system with TV, it will be rounding off its 10th-year celebrations with a new product range unveil at the Forum and Expo. Ned Tozun, d.light CEO and co-founder, adds: “Over our 10 year history, we have strived to push the boundaries of innovation and to challenge ourselves to never be satisfied with the status quo. The launch of these new prod…

In the News: In Kenya, A Solar Program Puts “Last-Mile” Consumers First

…usiness Opportunities Onyong’e launched her microbusiness using PAY-GO (Pay-As-You-Go,) a mobile-money platform that lets consumers pay for the products in small installments—making the product affordable to all income groups. PAY-GO allowed Onyong’e to take the items without capital, offer them for purchase to neighbors in her village, and receive payment after sales. After the training from Lighting Africa/Kenya, Onyonge added two new brands of…

China’s SMQ Lab Joins Lighting Global Quality Testing Network

…through its test laboratory network. The program also delivers information about product quality to actors along the product supply chains through the Lighting Global website, and other related activities. Companies that are interested in testing pico-solar or related off-grid products with the Lighting Global Quality Assurance program should contact the Lighting Global team to schedule sampling and testing. Lighting Global also works with pre-app…

2020 H1 SALES REPORT | COVID-19 Drives 26% Drop in Sales

…for GOGLA This post originally appeared on the GOGLA blog During the COVID-19 crisis, the off-grid solar (OGS) industry demonstrated its importance in providing essential energy access for millions of households and businesses in developing countries. Like almost all industries, however, the OGS sector has also been badly hit by COVID-19. The first half of 2020 saw sales of off-grid solar lighting products fall to 3 million compared to 4.1 millio…

In the News: By Plugging in Africa, Mobisol Connects a Continent to Change

…s were installed on her roof. Now that her home is powered by Mobisol—a pay-as-you-go solar energy service company delivering renewable energy solutions to off-grid communities in East Africa—she doesn’t have to travel to the next village just to charge her phone, either. So far, Mobisol has installed more than 85,000 solar home systems in households and businesses throughout East Africa, enabling over 425,000 people like Auma to access clean, aff…

WEBINAR | The Off-Grid Solar Market Trends Report 2020 – Key Findings for Manufacturers

Over the past decade, the IFC Lighting Global, ESMAP & GOGLA Off-Grid Solar Market Trends Report has been the report of record for the off-grid solar industry. It is the biennial anchor of the Lighting Global, ESMAP & GOGLA franchise of market data and trends reports, which is the go-to source of sector information for companies, investors, industry members, policy-makers, and other stakeholders in the sector. Open Capital Advisors, the co-author…