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Four Key Lessons for Implementing PAYGo 2.0: How the PAYGo Solar Sector Can Fulfill its Potential
In response to the recent NextBillion article by Dan Murphy and Willem Nolens at PAYGo Lab, on how companies and investors can move PAYGo solar toward "PAYGo 2.0,” Yariv Cohen at Ignite Energy Access argues that it's time for deep reflection and realignment in the industry. He explains why PAYGo 2.0 — an approach aimed at boosting repayment rates and profitability through improved customer selection and support — is the only way forward for the sector, and shares four lessons Ignite has learned from its efforts to implement this model.
- Categories
- Energy, Environment, Finance, Investing
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Press Release: 20 Million People Improved Their Energy Access Through Off-Grid Solar in 2024, According to the New Global Off-Grid Solar Market Report
"Demand for off-grid solutions remains high despite negative macroeconomic factors like high inflation and climate emergencies, and it is considered the most cost-effective way to power almost half of the new connections under Mission 300."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Sun King Secures $80 Million to Expand Off-Grid Solar Access in Nigeria
Sun King is a global leader in off-grid solar energy, operating in over 40 countries with a network of more than 29,500 sales agents and a customer base that has already purchased over 27 million solar products.
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Actis Raises US $1.7 Billion for Second Long Life Infrastructure Fund
"The Actis long life infrastructure strategy invests into brownfield infrastructure assets across growth markets in Asia, Latin America, Central and Eastern Europe, the Middle East and Africa."
- Region
- Global
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Press Release: IFC and Canada Invest in Husk to Catalyze Solar-Powered Economic Growth in Rural Nigeria
The financing will support the rollout of Husk’s portfolio of solar hybrid minigrids in Northern Nigeria, helping address one of the country’s most urgent development challenges.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Expanding Access to Finance for Energy Enterprises: EnDev Partners with Kiva
Through this collaboration, Kiva will provide tailored financial solutions to support small and medium-sized enterprises (SMEs) in the energy access sector across EnDev’s portfolio in sub-Saharan Africa.
- Region
- Sub-Saharan Africa
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Coal India to Build $3 Billion Clean Energy Projects to Power Green Ammonia Facilities
"The initiative is part of the company’s strategy to offset emissions and support India’s national goal of reaching net zero by 2070."
- Categories
- Energy
- Region
- Asia Pacific
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Press Release: BII Invests $100 Million in ReNew to Boost India’s Solar Manufacturing Ecosystem
The investment supports the expansion of a resilient and self-reliant renewable energy supply chain in India.
- Region
- Asia Pacific
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