Pay-As-You-Go Transactions in Off-Grid Solar Top $41M in Late 2016

By [email protected] People in developing nations used pay-as-you-go services to purchase more than $41 million in small-scale, off-grid solar products in the latter half of 2016.

The number of PAYGO transactions, as they are known, is actually probably far higher, according to the latest semi-annual report from the Global Off-Grid Lighting Association.

This is the first report where GOGLA has separated out PAYGO from cash payments, which still make up the bulk of purchases. Globally, consumers spent about $114 million in cash on products such as solar lanterns and residential micro-solar systems in the same period. Single lights with a phone charger make up

Read Full Article Here

For more great articles: Greentech Media: Headlines

(Visited 8 times, 1 visits today)



© 2014 RenewaNews