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Impact investing is a major opportunity for developing economies and provides basic services to the poorest people. More than a billion people still live without access to electricity, according to the World Bank. Living without this necessity has a detrimental effect on their health, education and earning potential. The World Health Organization, for example, estimates that around 3.8 million people a year die prematurely from illness attributable to household air pollution caused by solid fuel…

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…
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…
‘As long as the sun rises, they can count on their lights working.’ In a nation of smart homes, Blue…

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…
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…

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 emerging markets. Off Grid Electric closed its Series D funding Friday with $55 million from Helios Investment Partners and General Electric’s venture capital arm. The round adds to a growing roster of home solar providers operating in developing countries that are pulling in large sums. In 2017, M-Kopa raised $80 million, Greenlight Planet raised $60 million and Developing World Markets financed 1…

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…
With 600-million people living in sub-Saharan Africa without access to electricity,  a new $36-milli…

36m challenge launched for off grid energy to power 20m homes in Africa

Forbes
With 600-million people living in sub-Saharan Africa without access to electricity,  a new $36-million initiative by USAID and President Barack Obama'…
We often report on enormous new solar power installations, facilities that generate megawatts of power. But solar can also bring important benefits to people even if it is just a few watts at a time. The inspiration to bring solar power to Africans who live off the grid came to Xavier Helgesen a few years ago. On a business trip to Malawi, he decided to spend the night in a small city with 30,000 inhabitants. He was amazed to see the entire city was dark after the sun went down. People carried k…

Off-Grid Electric has solarized 100,000 Africa households

Clean Technica
We often report on enormous new solar power installations, facilities that generate megawatts of power. But solar can also bring important benefits to…
Nearly 600 million people in sub-Saharan Africa lack access to electricity. In rural areas, the elec…

Off-Grid Electric Will Power African Entrepreneurs With Solar

Triple Pundit
Nearly 600 million people in sub-Saharan Africa lack access to electricity. In rural areas, the electrification rate is as low as 14.2 percent.  Those…
The biggest obstacle to powering off-grid homes is infrastructure. The problem, specifically in spar…

This $6 a month solar energy plan could power a million homes in Africa by 2017

Business Insider
The biggest obstacle to powering off-grid homes is infrastructure. The problem, specifically in sparsely populated areas, is a lack of power lines. Wi…
Renewable energy is increasingly becoming the alternative source to address poor electricity support…

Nigeria can attain 24 hour power supply through renewable inclusion — ZOLA Electric boss

Renewable energy is increasingly becoming the alternative source to address poor electricity support in Nigeria. In this interview with Ediri Ejoh, Ch…
People talk about a flash of inspiration. But Xavier Helgesen's eureka moment came in the dark. A fe…

This $6-A-Month Plan Brings Solar Power To People Living Off The Grid

People talk about a flash of inspiration. But Xavier Helgesen's eureka moment came in the dark. A few years ago, the American entrepreneur was traveli…