Pay As You Go Solar Panels

Through peg africa individuals pay a deposit for a solar kit which includes a solar panel a battery four lights a fan a phone charger and a television.

Pay as you go solar panels.

Port max 1 5a overall max 10a and five ports offering 10 5vdc to 15vdc with overcurrent protection and resettable fuse as. 10 usb 5v power outlets. Patent cooperation treaty pct. The company receives payments through a mobile money platform and until the unit is fully paid has the ability to turn off the battery remotely if a payment is overdue.

The rise of pay as you go payg systems as a method to make off grid systems accessible is one such method. Some operators are creating structured finance products to cut costs and address more potential investors. Pay as you go solar companies are the start up community s proposed answer to the challenge of 1 2bn people living outside the reach of the electricity grid. An innovative technological and financing solution developed by simpa networks however promises to transform the lives of some of the world s poorest communities by bringing a clean low cost sustainable energy source into their homes.

While for many people electrical power is available at the flick of a switch for some 1 6 billion people around the world without access to grid electricity this remains a dream. There is still a long way to go but with new ideas developing all the time the path to widespread electrification is becoming easier. To scale they need debt capital. A solar panel off the grid on a rooftop in africa building a mini grid system.