MEGA is Malawi’s first independent power producing company, a mini-grid system that uses hydropower to bring power to remote areas. MEGA is based on 10 planned micro-hydro schemes on the fast-moving rivers of Mount Mulanje. But the main thing that sets it apart is its enterprise model. Rather than public or community ownership, MEGA is run as an enterprise that employs a clustered approach to mini-grid management.
Why U.S. Companies Are Investing in Lighting Africa – the View from OPIC: Going Off Grid Series (Pt 3)
Recent history shows that powering Africa is not only possible, it has become a major business opportunity for U.S. companies, that are achieving success through innovative projects in a number of African nations.
What’s the best business model for distributed energy solutions? Jack Bird with Santa Clara State University says the answer is entirely dependent on the technology, the target market and the resources of the enterprise. No one model is the silver bullet for providing the 1.3 billion people suffering from energy poverty with clean, reliable and affordable energy. There are, however, a few takeaways from the exhaustive Energy Map.
Today NextBillion is launching a new series: Going Off Grid, which explores new business models, investment strategies and public-private partnerships to bring services to the ‘energy poor.’ In 2011, Santa Clara University launched the Energy Map to share the findings that grew out of the work with over 60 distributed energy enterprises working across the world, including Africa, India, South East Asia and Latin America.