Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Off-Grid Electric Raises $25 Million For Micro-Solar In Africa

Originally published on Solar Love.

A funding round of $25 million was recently raised by Off-Grid Electric to grow its African micro-solar leasing efforts. The majority of the funds came from DBL Partners, though other investors included SolarCity, Western Technology Investment, Omidyar Network, Serious Change LP, and Vulcan Capital.

KilimanjaroOff-Grid’s new funding will be used in Rwanda and Tanzania to bring clean light sources to areas where there are currently none. (The Tanzania government wants to provide solar electricity to 1 million homes by 2017.)

“Our real intention is to light considerable parts of countries here,” explained Xavier Helgesen, the CEO of Off-Grid Electric. “We want to provide an electrification solution that’s different and much more cost-effective [than the grid].”

Tanzania is one of the poorest countries in the world and only about 10% of its citizens have access to electricity on a consistent basis, as the cost of getting connected to the grid is too high for most Tanzanians.

Off-Grid says it is providing lighting to 50,000 people a month. Also, with compact, efficient LED lights, children have more study time at night than if they were using kerosene lamps — lamps which are obviously dangerous, and cause many fires each year in African countries, resulting in fatalities and injuries. It has been reported that an African family may spend as much as 15% of its income on kerosene. Prices of this fuel are also volatile, which means that when they spike poor people are hit even harder. Sunlight fluctuates too but the cost of the system doesn’t and the fuel, so to speak, is free.

Micro-solar leasing solves that problem by getting consumers off of kerosene because it allows people without means to pay a little at a time, so eventually they acquire their own system. Once a family has a small solar power system, with LED lights, a USB charger and a battery, they will be set for a number of years.

The Off-Grid service also costs less than kerosene, so it also saves money.

Image Credit: Charles Asik, Wiki Commons

Reprinted with permission.

 
Check out our brand new E-Bike Guide. If you're curious about electric bikes, this is the best place to start your e-mobility journey!
 
 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Advertisement
 
Written By

Hello, I have been writing online for some time, and enjoy the outdoors. If you like, you can follow me on Twitter: https://twitter.com/JakeRsol

Comments

You May Also Like

Cars

Kenya is one of the best places for electric vehicles. The grid is very green, with over 90% of electricity generated from renewable energy...

Clean Transport

Kenya’s motorcycle industry is booming, buoyed by the ever growing motorcycle taxi (Boda Boda) industry. There are over 2 million motorcycles registered in Kenya....

Clean Transport

We wrote about Woolworths South Africa trialing electric vans on some of its delivery routes last year. Now, after a successful 10-month trial, Woolworths...

Clean Transport

Kenya is one of the best places to drive EVs. Kenya’s grid is very green thanks to some awesome geothermal, wind, utility scale solar,...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.