-
The Unspoken Risks and Side-Effects of the PAYGO Model in Africa
The sale of off-grid solar systems using end-customer credits has become a widespread standard today under the overall term pay-as-you-go (PAYGO).
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
Understanding COVID-19’s Impact on PAYGo Solar: Data From a Pioneering Study Reveals Key Insights About the Sector’s Financial Sustainability
The COVID-19 pandemic has had an unprecedented impact on PAYGo solar, causing up to 23 million people and 600,000 enterprises to miss out on improved energy access. Drew Corbyn at GOGLA, Bill Gallery at IFC and Roan Borst at Triple Jump share the results of a first-of-its-kind study that measured the impact of the crisis on the sector’s financial performance, based on data collected from 13 PAYGo solar companies. They discuss what these findings mean for the industry as it works to emerge from the pandemic’s ongoing disruptions.
- Categories
- Coronavirus, Energy, Finance, Impact Assessment
-
Press Release: Greenlight Planet, Solar Pay-as-You-Go Market Leader, Secures $90 Million Investment
New Funding to Expand the Company’s Pay-As-You-Go Solar Financing Business, Backed by Leading Investors CDC Group, FMO, Norfund, and ARCH Emerging Markets Partner
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
-
The Impact of COVID-19 as Seen in Solar Payment Data – and How One Off-Grid Energy Company is Responding
Since COVID-19 began, the energy company Bboxx has been monitoring payment trends among its 250,000+ pay-as-you-go solar customers in 12 emerging markets. Analysts at Bboxx assess the data from four African countries, exploring what it says about the pandemic's impact on solar electricity users – and about how to support these customers during the crisis.
- Categories
- Coronavirus, Energy
-
Keeping the Lights On: How PAYGo Solar Can Offer Customer Relief During COVID-19
Off-grid solar delivers essential energy to millions of people, helping make households, business and institutions more resilient to the COVID-19 crisis. But as analysts at BFA, CGAP and GOGLA explain, the pandemic threatens the industry, particularly its very successful pay-as-you-go business model. They explore how companies could enable customers to continue using their solar home systems during the pandemic, with reduced – or even without – customer payments.
- Categories
- Coronavirus, Energy
-
Bottom-up Solutions to the Climate Emergency: Three Innovative, Eco-Inclusive Enterprises Take a Local Approach
We just reached the end of the hottest decade on record, and local communities – particularly in the Global South – are bearing the brunt of the impact. As climate change disrupts development efforts and worsens global food crises, population displacement and water scarcity, there's a growing need for more resilient communities. The SEED Awards highlight eco-inclusive enterprises that are addressing this challenge – authors at SEED discuss some promising examples.
- Categories
- Agriculture, Energy, Entrepreneurship, Environment
-
Lighting the Way: How the PAYGo Solar Industry is Expanding to Other Life-Changing Products
Millions of customers in Africa are using lighting generated by PAYGo solar – but lights are just one of many products the PAYGo business model can provide – something the companies working in the sector are beginning to realize. Chris Emmott at Fenix International discusses the vast array of products and services enabled by the new connections PAYGo solar companies are making to rural customers.
- Categories
- Energy
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.