Pay-as-you-go(PAYGO): Companies sell services or products to customers through a pre-paid model. In case of products, PAYGO is a kind of paying in small installments to persons that cannot afford or are not willing to buy products in cash. Under PAYGO, the companies not only provide product and services but also the necessary finance to … Read morePAYGO——Paying in small installments
Recently, hot summer in North Hemisphere is widespread discussed. And the electricity cost is still high, many areas cannot afford the bill for air condition and some other cooling appliances. Under such a situation, how to keep daily food fresh is a problem many people need to face. Here, we will share 3 ways to … Read moreHow To Store Food In Hot Climates?
South Africa is making positive moves to overcome the decade-long power crisis, says the Bureau for Economic Research (BER) – even if it’s happening really slowly. Following five weeks of persistent load shedding, power utility Eskom managed to return enough capacity to the national grid to suspend rolling blackouts over the past weekend. While the … Read moreGood news for solar in South Africa
July 21 (Renewables Now) – Spanish solar PV developer RIC Energy announced on Wednesday it had launched construction of a 23-MWp photovoltaic (PV) farm in Uganda. RIC Energy is building the project, named Nkonge, for The Xsabo Group, a Kampala-based German-Ugandan diversified consultancy. Works will also include the construction of a 132-kV/33-kV step-up substation and … Read moreRIC Energy starts 23-MWp solar project in Uganda
Les organismes commerciaux des industries solaires et éoliennes se sont unis pour stimuler le financement de l’énergie renouvelable pour les pays africains. SolarPower Europe et le Conseil Mondial de l’Énergie Éolienne(CMEE) ont signé un accord avec la société de médias RenewAfrica et l’Association de l’Industrie Solaire Africaine(AISAF) pour organiser conjointement le Sommet d’ Investissement de l’Énergie Renouvelable … Read moreLes organismes solaires et éoliens s’unissent pour orienter les financements vers les énergies renouvelables africaines
Canadian company Solar Panda is securing US$8 million for its expansion in Kenya. The funds were raised in a Series A round involving the European Union (EU)-funded Electrification Finance Initiative (EDFI ElectriFI) and Oikocredit, an impact investor based in Utrecht, Netherlands. The Electrification Finance Initiative (EDFI ElectriFI) supports rural electrification in Kenya. In a series, … Read moreKENYA: EDFI and Oikocredit invest $8 million in Solar Panda’s solar kits.
The Africa Energy Outlook 2022, a special report published this week by the International Energy Agency (IEA), reveals that renewables will be the driving force that expands the African continent’s electricity sector this decade. The continent’s rich renewable resources also offer huge potential to produce green hydrogen, with potential production equalling the continent’s entire current … Read moreIEA Africa report cites potential in renewables, minerals and hydrogen
French-based renewable energy firm InnoVent is constructing a 5 MW solar power project in Abéché in eastern Chad – the country’s first-ever solar facility. With access to electricity currently standing at a mere 8%, the solar project represents an important step towards increasing access and kickstarting socioeconomic growth. First electricity from the project was delivered to … Read moreNew Solar Project to Expand Electricity Access in Chad
BOAD to pump CFA25 billion into the construction of a solar PV plant in Awandjelo, northern Togo The Banque Ouest Africaine de Développement or BOAD will spend CFA25 billion on the construction of a solar PV plant in Kpalassi, near Awandjelo in the Kara region of Togo. The Bank approved the financing yesterday, June 14, during a … Read moreBOAD to pump CFA25 billion into the construction of a solar PV plant in Awandjelo, northern Togo
What is Pay-As-You-Go? PAYG is a technology that removes the upfront price barrier of Solar Home Systems (SHS), by allowing end-users to pay in affordable amounts over time. This is accomplished by additional electronics, which enables or disables the SHS on request, achieving a top-up payment structure similar to mobile phones. In order to make … Read morePay-As-You-Go PAYG for solar home systems