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Are Rural Customers Ready to Consume More Energy at the Right Price? New Mini-Grid Research Offers Intriguing Results
Setting appropriate pricing is crucial to any business, but it's especially challenging for mini-grid developers serving rural customers in emerging countries. If the price is too high, customers can’t afford to buy enough power. If it's too low, mini-grids risk their commercial viability. Authors at CrossBoundary discuss a new report exploring the impact of massive price reductions on energy consumption and mini-grid revenues. The results are striking, and potentially significant for both providers and their customers.
- Categories
- Energy
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PAYGo Solar at a Crossroads: Why the Industry Must Choose Between Protecting Customers and Satisfying Investors
Over $500 million in investor financing has poured into off-grid solar in the past year. But while that's an exciting development for the sector, there is a downside. As BrightLife CEO Stefan Grundmann explains, PAYGo solar operators are facing heightened investor pressure to expand their reach and aggressively deliver greater sales. In response, many companies have taken new measures to boost business – some of which have led to troubling new risks for customers. Grundmann explores this issue, and how the industry and its investors should respond to it.
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Bridging the ‘Off-Grid/On-Grid’ Divide: How Grid Integration Can Build the Energy System of the Future
The cost of solar modules has dropped by over 80% since 2009, and it’s estimated that the world’s solar power capacity will triple by 2022, driven in part by off-grid energy. Yet without an effort to make connections between off-grid systems and national grids, the growing global movement toward mini-grid solutions cannot reach its potential, says Tatiana Bessarabova at Endeva. She explores how Endeva, SOLshare and other players in the energy sector are working to make grid integration a reality in Bangladesh.
- Categories
- Energy, Environment
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Press release: BBOXX Unveils Its Vision for the “Community of the Future” for the Developing World
Tomorrow’s Connected Community is being rolled out in the rural village of Sikpé Afidégnon in Togo, following its inauguration by the H.E. President Faure Gnassingbé, President of the Republic of Togo. The entire village comprised of 300 houses and 4,000 people in the south of the country is to be powered by solar electricity including, streetlights, households, schools and small shops.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press release: Acumen Announces Nearly $70 Million Close of For-Profit Off-Grid Energy Fund through its subsidiary Acumen Capital Partners
KawiSafi aims to deliver clean, affordable energy to 10 million people, at least half of whom live in poverty, and displace more than one million tons of carbon dioxide in the next 10 years, to address energy poverty and help avert the current climate crisis. To date, KawiSafi has invested $21 million to impact 4.3 million people and avert 360 thousand tons of carbon dioxide emissions.
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Putting Energy to Work: Community and Business Partnerships for Sustainable Local Futures
Most attempts to create energy access without considering its social impact will simply end up as a checked box on a list, without moving the needle on any of the SDGs, writes Saurabh Biswas, a PhD candidate at Arizona State University’s School of Sustainability. He explores a new study where researchers were embedded with companies and non-profits in Nepal, the Philippines, Uganda and Bolivia. The research points to the value of “multi-dimensional partnerships” that bring together not only energy companies and consumers, but other diverse stakeholders.
- Categories
- Energy
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Press releae: PEG Africa raises $25M to accelerate off-grid solar expansion in West Africa
PEG Africa, a West Africa based pay-as-you-go (PAYG) solar company, has raised a US$25 million Series C funding round, taking its funding total to US$50 million, and allowing it to cement its position as market leader in the region.
- Source
- Press release
- Region
- Sub-Saharan Africa
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Freeing the Data to Build the Off-Grid Energy Sector: A Case Study from Tanzania
Mini-grids and solar home systems are showing promise in many parts of Tanzania and other countries. But Christopher Arderne at the World Bank and Pepukaye Bardouille at the IFC flag a key challenge: Lack of coordination and information-sharing between government and the private sector means off-grid developers may target sites that will become grid-connected before they can recover their investments. Arderne and Bardouille share some free new data tools that blend local participation and infrastructure mapping to help off-grid players avoid this risk.
- Categories
- Energy, Technology
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