Solar energy entrepreneurs in Africa on the rise

Charities’ early efforts to distribute clean energy technologies in Africa met with little success. Their use of donor funding to heavily subsidise products such as solar lighting kits would generally fulfil a programme’s short-term targets, but in the long run the expertise and equipment needed to maintain the systems failed to be adequately developed or provided.

Crucially, no new systems beyond a programme’s target would appear in the area. But a new wave of investors and social enterprises has sprung up in the last decade, and they are increasing the availability of products tailored to off-grid domestic energy customers in Africa.

One estimate for the total base of the pyramid energy market in Africa alone is a potential value of US$27 billion; another for the market opportunity for improved energy services in under-served areas of the world is $37 billion.

Click here to read the full story.

Like this content? Join our growing community.

Your support helps to strengthen independent journalism, which is critically needed to guide business and policy development for positive impact. Unlock unlimited access to our content and members-only perks.

Most popular

Featured Events

Publish your event
leaf background pattern

Transforming Innovation for Sustainability Join the Ecosystem →