Pay-to-own solar provider Fenix International makes waves in Ugandan off-grid solar

January 23, 2017
Facebook
Twitter
LinkedIn
Reddit
Email
Off-grid solar is taking off in Uganda, according to Fenix International and its ReadyPay Power residential PV product. Source: Fenix International

A pay-to-own solar system provider known as Fenix International has doubled its off-grid customer base in just 12 months of operation.

Reaching 100,000 customers in Uganda this month, the company has surpassed this milestone within just a few years of its inception in 2014.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Crediting the move to off-grid solutions to solve Africa’s chronic energy access problem, Fenix has installed its flagship solar system ReadyPay Power in many homes in Uganda; where more than 80% of people lack access to electricity, and has displaced 200,000 kerosene lamps with its product.

Fenix adopts a pay-to-own payment plan for its product, which is a popular business model in Sub Saharan Africa. Under the company’s current plan, customers can pay just US$0.15 per day for the entry level product, with 36 months to complete payment for the entry level US$160 solar home system; which constitutes what is claimed to be the most affordable pay-to-own residential system in Uganda.

Hitting the 100,000 customer milestone brings the total of solar leases deployed by Fenix to more than US$20 million.

“Arriving at 100,000 customers showcases our fantastic growth record, but more importantly it represents more than 600,000 Ugandans who now have power and bright, safe light in their homes for the very first time,” said company CEO Lyndsay Handler. “In addition, all of our off-grid customers build up a credit score, opening up new access to financial services and additional product upgrades.”

Read Next

October 17, 2025
Norwegian renewable energy firm Scatec has signed lease agreements for 64MW of solar PV and 10MWh of energy storage capacity in Liberia and Sierra Leone.
October 17, 2025
A group of over 20 US states are suing the Trump administration for the cancellation of the US$7 billion Solar For All Scheme.
October 16, 2025
Masdar and Turkey have entered the final stage of US$1 billion agreement to develop the 1.1GW plant in Bor, Niğde Province, central Turkey.
October 16, 2025
US utility-scale solar additions grew by 56% in 2024, reaching 30GW from 2023’s 19GW and representing over 54% of all new electricity generation capacity added in the country last year.
October 16, 2025
Jakson Green and Blueleaf Energy have reached financial close for the 840MWp Bikaner solar projects in Rajasthan, western India. 
October 16, 2025
Off-grid solar company Sun King has revealed plans to set up manufacturing operations in Kenya and Nigeria.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK