Solar kit supplier Ignite Power has recently launched an ambitious project of improving access to electricity in Africa’s rural populations through the supply of 300,000 solar home systems.
To attain this objective, Ignite Power has already printed a call for tenders from companies that offer high quality solar home systems.
In its statement, Ignite Power clarified that it was increasing 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,” commented, Ignite Power
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 also declared proudly that it had provided 5,000 rural households with access to electricity in just 2 months.
The company’s remarkable track record is fascinating the interest of financial institutions, which have not hesitated to support its initiatives.
Earlier in July 2020, the company arrived into a partnership with the Development Bank of Rwanda (BRD), the World Bank and the Swedish International Development Agency (SIDA).
Through this partnership, Ignite Power will access more financing to empower the dissemination of its solar home systems in rural areas.
Kampeta Sayinzoga, President and CEO of the Development Bank of Rwanda (BRD) said after signing the Ignite Power financing partnership, “We are confident that this funding and partnership will enable Ignite to ensure affordability, reliability and scalability of its business model”.
“Together, we will increase access to electricity in Rwanda in order to achieve the goal of universal access set by the Rwandan government,” Sayinzoga further 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), many households can acquire solar systems and pay for them in small amounts of up to $860 Rwandan dollars (less than 1US$) per month.