The provision of the PAYGO model will allow families unable to afford the upfront costs of solar home systems to pay for the equipment over a duration of some years at less than $0.20...

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Solar lights use photovoltaic (PV) cells, which absorb the sun’s energy and create an electrical charge that moves through the panel.1 Wires from the solar cell connect to the battery, which converts and stores the...

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More than one million households are dependent on polluting and inefficient lighting by kerosene or candles and increasingly expensive generators. Less than one in five people living in remote and rural communities across Benin have...

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Gillian-Alexandre Huart, ENGIE Energy Access CEO, explained that over the last couple of years, the private sector has developed off-grid solutions such as solar home systems (SHS), micro- and mini-grids, which have clearly proven...

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Ambroise Fayolle, the European Investment Bank Vice President, said vulnerable communities across Africa are being impacted by global energy shocks triggered by Russia’s invasion of Ukraine. “So improving access to affordable and clean energy...

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Nigeria could be emerging as a key strategic partner to Europe’s energy transition, and the Franco-Nigerian relationship is at its heart. University research subsidies, funds for economic development, corporate partnerships and new refinery contracts are only a few of...

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The European Investment Bank (EIB) has agreed to provide Benin with a $10.6 million loan for the provision of 107,000 solar home systems. This will open up access to clean energy for 643,000 people. The...

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As Africa gets set to host the 27th edition of the United Nations Climate Change Conference (COP27) in November (6-18) this year, it offers another golden opportunity for Africa's most populous country--Nigeria, to intensify...

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Almost half a billion people are served by the off-grid solar industry, and a growing number of these via Pay-as-you-go (PAYGo) asset financing. For many consumers, not only is the solar product their first...

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Social impact investor Oikocredit and EU-funded Electrification Financing Initiative (EDFI ElectriFI) will each invest $4 million into solar home systems company Solar Panda. Headquarted in Canada and Nairobi, Solar Panda designs, manufactures and distributes pay-as-you-go...

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