In what could be an ego boost, two solar startups from Africa received global recognition at the 2017 Global Cleantech 100.
The two, M-KOPA from Kenya and Off Grid Electric from Tanzania have cause for celebrations and have earned the bragging rights among their peers. The Global Cleantech 100 is an annual clean technology challenge that seeks to identify and recognize the top 100 most innovative and promising companies within the clean energy space.
About M-KOPA from Kenya
M-KOPA makes home solar systems targeting the low-income households and avails the solar energy on a pay-as-you-go installment plan. To get the M-KOPA solar system, the customers pays $30 as an initial down payment. Thereafter, there will be daily payments of 50 cents paid via mobile money over a period of one year.
After the one-year installment payments, the customer will fully own the M-KOPA solar system. M-KOPA launched in 2011 and now has connected over 280,000 homes across Kenya, Uganda, and Tanzania. The company also says it adds an average of 500 homes to its list of M-KOPA solar powered homes daily.
M-KOPA has over …read more