PAYG proves popular One of the reasons why investors are paying so much attention to off-grid power is the pay-as-you-go (PAYG) business model. It captured 91% of all investments by volume between 2010 – 2018, according to Wood Mackenzie . Power services are monthly recurring revenue businesses that, next to telecom, is one of the major monthly expenditures for all consumers and businesses. And recurring revenue, along with the stickiness of the customer, is a proven and attractive business mode…

By 2030, Over Half Of New Electricity Connections Will Be Off-Grid

FORBES
PAYG proves popular One of the reasons why investors are paying so much attention to off-grid power is the pay-as-you-go (PAYG) business model. It cap…
The co-founders of SolarCity have resurfaced on the global stage and they have a new pet project tha…

SolarCity Founders Lyndon and Peter Rive join ZOLA Electric to Advance Solar in Africa

CLEANTECHNICA
The co-founders of SolarCity have resurfaced on the global stage and they have a new pet project that also happens to be powered by the sun. Brothers…
ZOLA designed the Infinity storage system to solve every level of the energy access problem—and will…

ZOLA Electric Unveils a New ‘Smart’ Storage System to Displace Diesel and Eliminate Outages

Greentech Media
ZOLA designed the Infinity storage system to solve every level of the energy access problem—and will draw on expertise from SolarCity’s Rive brothers…
The electrification gap is widely recognized as one of the primary barriers to development in sub-Sa…

ZOLA’s ‘mini-grid’ power system promises to banish blackouts

CNN
The electrification gap is widely recognized as one of the primary barriers to development in sub-Saharan African countries. An estimated 600 million…
American startups are competing to bring electricity to communities that remain off the grid.  …

The Race to Solar Power Africa

The New Yorker
American startups are competing to bring electricity to communities that remain off the grid.   By Bill McKibben   In eighteen months, entre…
‘As long as the sun rises, they can count on their lights working.’ In a nation of smart homes, Bluetooth, and remote-controlled drones, it’s almost impossible to imagine a world without easy access to electricity. But for more than 1.1 billion people in the developing world, life without power is an unfortunate reality. Last month, the New Energy Finance arm of Bloomberg published a comprehensive report on this problem, called “Powering the Last Billion.” The results were bleak: Much of the wor…

How solar tech could connect 1 billion people to electricity

The Daily Beast
‘As long as the sun rises, they can count on their lights working.’ In a nation of smart homes, Bluetooth, and remote-controlled drones, it’s almost i…
As electricity access is one of the most pressing problems for businesses in Africa, a solar energy …

New Solar Products To Boost Small Businesses In Africa

Forbes
As electricity access is one of the most pressing problems for businesses in Africa, a solar energy company – backed by Elon Musk's SolarCity – is exp…
Impact investing is a major opportunity for developing economies and provides basic services to the…

Financing sustainable energy for developing economies

Raconteur for the Sunday Times
Impact investing is a major opportunity for developing economies and provides basic services to the poorest people. More than a billion people still l…
There’s long been an expectation by both analysts and casual observers that solar power would play a…

Solar power pay-as-you-go projects in Africa are getting major funding

Quartz Africa
There’s long been an expectation by both analysts and casual observers that solar power would play an important role in filling the huge deficit in Af…
Electrifying the entire world is an important part of the Sustainable Development Goals. Recent adva…

Solar innovations means we can bring power to the 1 billion who still live without it

Fast Company
Electrifying the entire world is an important part of the Sustainable Development Goals. Recent advances in renewable energy and microgrids means that…
Off Grid Electric, a San Francisco-based company that develops rooftop solar and battery systems in Africa, has raised $55 million as it expands into Ghana. The Series D round was led by Helios Investment Partners and included GE Ventures, the venture capital subsidiary of General Electric Co., Off Grid said in a statement Thursday. The company’s Ghana expansion is part of a partnership with Electricite de France SA. Just as mobile phones bypassed landlines in developing countries, off-grid sola…

San Francisco Startup Nabs $55 Million to Expand Solar in Africa

Bloomberg
Off Grid Electric, a San Francisco-based company that develops rooftop solar and battery systems in Africa, has raised $55 million as it expands into…
In sub-Saharan Africa, over 600 million people do not have access to electricity -- that's 68 percen…

The $7 a month plan bringing solar energy to rural Africa

CNN
In sub-Saharan Africa, over 600 million people do not have access to electricity -- that's 68 percent of the population, according to the Internationa…
Buoyed by success in East Africa, off-grid solar power startups are pouring into West Africa, offeri…

Off-grid power pioneers pour into West Africa

Reuters
Buoyed by success in East Africa, off-grid solar power startups are pouring into West Africa, offering pay-as-you-go kits in a race to claim tens of m…
Bringing electricity to over 1,000,000 people across Rwanda, Ivory Coast, Tanzania, Nigeria, and Gha…

ZOLA Electric – meet an Unreasonable Company

Unreasonable Group
Bringing electricity to over 1,000,000 people across Rwanda, Ivory Coast, Tanzania, Nigeria, and Ghana with clean, solar energy. In a world where one…
Sub- Saharan Africa is on the cusp of a tril­lion dol­lar tomor­row. Emerg­ing from a his­tory of li…

Think Outside the Grid: Africa’s Trillion Dollar Opportunity

DBL Partners
Sub- Saharan Africa is on the cusp of a tril­lion dol­lar tomor­row. Emerg­ing from a his­tory of lim­ited energy access, the region has the oppor­tu­…
Africa’s largest private equity firm has led a round of financing for Off Grid Electric to fuel the microgrid provider’s expansion in the continent, with investors including an arm of General Electric (GE). Off Grid Electric announced on Friday that GE Ventures, venture capital subsidiary to GE, is among those to have contributed to a Series D funding round that has raised US$55 million. The financing round was led by Helios Investment Partners, which is focused exclusively on investments in Afr…

EDF, GE fuel Off Grid Electric’s Ghana push with US$55 million Series D financing

Energy Storage News
Africa’s largest private equity firm has led a round of financing for Off Grid Electric to fuel the microgrid provider’s expansion in the continent, w…
The investment is likely the largest pure venture equity round for a solar home system provider in e…

Off Grid Electric Secures $55 Million in Series D Financing

Greentech Media
The investment is likely the largest pure venture equity round for a solar home system provider in emerging markets. Off Grid Electric closed its Seri…
Predicting Payment Behavior in PAYGo: Machine Learning Can Power Customer Retention Jacob Winiecki C…

Predicting Payment Behavior in PAYGo: Machine Learning Can Power Customer Retention

FIBR - BFA
Predicting Payment Behavior in PAYGo: Machine Learning Can Power Customer Retention Jacob Winiecki Customer churn is a major headache for most compani…
Walking through any city in the US, you may not notice the evidence of centuries of technological pr…

Leapfrogging tech is changing millions of lives. Here’s how

Singularity Hub
Walking through any city in the US, you may not notice the evidence of centuries of technological progress around you. From the power lines snaking ab…
Over 625 million people live without power in Sub-Saharan Africa. That’s nearly 70 percent of the co…

Harnessing the sun to help end energy poverty: Q&A with Off Grid Electric

Unreasonable
Over 625 million people live without power in Sub-Saharan Africa. That’s nearly 70 percent of the continent’s population. For those households with ac…