AFRICA – Solar kit supplier Ignite Power has launched an ambitious project of enhancing access to electricity in Africa’s rural populations through the supply of 300,000 solar home systems.
To achieve this objective, Ignite Power has already published a call for tenders from companies that offer high quality solar home systems.
In its statement, Ignite Power explained that as that it was expanding operations to make an additional impact and increase its range of solar home systems through a structured and formal purchasing process.
“As we are growing rapidly, we are looking to acquire a large number of systems to meet demand,” Ignite Power commented.
Ignite Power’s tender comes as the solar system supplier expands its operations in rural Africa, particularly in Rwanda.
Just a few weeks ago, the company announced proudly that it had provided 5,000 rural households with access to electricity in just two months.
The company’s impressive track record is attracting the interest of financial institutions, which have not hesitated to support its initiatives.
In July 2020, the company entered into a partnership with the Development Bank of Rwanda (BRD), the World Bank and the Swedish International Development Agency (SIDA).
Through the partnership, Ignite Power will access more financing to enable the dissemination of its solar home systems in rural areas.
“We are confident that this funding and partnership will enable Ignite to ensure affordability, reliability and scalability of its business model,” Kampeta Sayinzoga, President and CEO of the Development Bank of Rwanda (BRD) said after signing the Ignite Power financing partnership.
“Together, we will increase access to electricity in Rwanda in order to achieve the goal of universal access set by the Rwandan government,” Sayinzoga added.
Increased funding, has given Ignite Power capacity to make its stand-alone solar systems more accessible to people living in rural areas with low purchasing power.
With Ignite Power’s pay-as-you-go (pay-per-use), households can acquire solar systems and pay for them in small amounts of up to $860 Rwandan dollars (less than 1US$) per month.
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