Originally published on Solar Love. International Finance Corporation is providing a $4.5 million loan to a solar leasing company in Tanzania called Off Grid Electric for the expansion of solar power. IFC is a member of the World Bank Group. A $2.5 million loan from Cordiant Capital of Montreal, Canada … [continued]
Numbers collated by senior editor at Greentech Media, Stephen Lacey, show that $42 million has been invested into off-grid solar companies currently working in developing countries already this year. Which, for context, equates to roughly two-thirds of all off-grid investments made throughout 2014. Greentech Media reported towards the end of … [continued]
“Off Grid Electric” explains that it delivers 50 times more light for less money than the norm in the markets it serves. The people it supplies are often using kerosene lamps to light their homes. Furthermore, it is more than light that these people need. Pre-pay solar energy from Off Grid Electric … [continued]
