News in Brief: Vivint Solar is taking advantage of Rhode Island's optimal residential solar conditions and expanding into the state, BBOX and Aeris are partnering to provide plug-and-play solar systems with IoT connectivity in East and Central Africa, Sri Lankan energy ministers are allocating funding to install solar systems in selected public buildings and India's Space Research Organisation has developed a new solar app for Android.
PEG Africa is a pioneering pay-as-you-go (PAYG) solar company focused on West Africa. Co-founder and CEO Hugh Whalan stopped by PV Tech to discuss why this business model is filling gaps in Africa's off-grid solar market, and how it has potential to evolve into meeting needs of consumers beyond electricity access.
Nigeria is one of the most economically sound countries on the continent. Trailblazing in many ways including finance, infrastructure and employment, the country has up until very recently been a laggard when it comes to renewable energy. However, a newly-installed government is ensuring priorities are changing and frameworks are being put in place to exploit Nigeria’s clean energy prowess and close the gap between supply and demand. Segun Adaju, president of the Renewable Energy Association of Nigeria, discussed with PV Tech how the country is getting to grips with clean energy.
San Francisco-based SunFunder is a solar finance business with a mission to unlock capital for solar energy in emerging markets. It primarily aggregates investment capital through its beyond-the-grid and Solar Empowerment funds, thereby giving accredited investors the opportunity to invest in their on-grid and off-grid solar portfolio. Andrea Griffin, SunFunder’s vice president of global business development, stopped by PV Tech to discuss investment, currency risk and energy storage in West Africa.