Innovative procurement incentive program speeds the development of the off-grid appliance market
Off-grid clean energy systems help millions of otherwise un-electrified people achieve life-giving and –enabling modern energy services. The appliances bundled and used with these systems are essential to off-grid market growth and global sustainable development goals. To reach its full potential, the global off-grid clean energy market needs a complementary market of high-quality, highly energy-efficient off-grid appliances that satisfy consumer needs at the least possible cost.
But too many off-grid solar companies struggle to identify and source outstanding off-grid appliances. Many appliance manufacturers are unaware of the off-grid market’s commercial opportunities—and those that are aware often struggle to find clear and timely paths to market. The Global LEAP Off-Grid Appliance Procurement Incentives program addresses these challenges by providing incentives to appliance manufacturers and off-grid solar distributors that partner to distribute large quantities of best-in-class appliances. The second round of the will be open to companies that distribute winning and finalist products from the 2015-16 and 2016-17 Global LEAP Awards for outstanding off-grid refrigerators, televisions (TVs), and fans in Bangladesh, Kenya, Tanzania, Uganda, and Rwanda.
The incentive window for TVs and fans will open in October 2017. Global LEAP anticipates that the incentive window for refrigerators will open in January 2018.
The program’s first round took place in Bangladesh in Spring 2016, and led to the procurement and distribution of 12,000 quality-assured off-grid televisions. The second round of the program will continue in Bangladesh, and will include an expansion into East Africa, and will be launched by early 2017.
This program is funded by the US Department of Energy through the Clean Energy Ministerial, Power Africa, and by the Results Based Financing Facility through Energising Development (EnDev). EnDev is a partnership of donors (including the United Kingdom, Germany, the Netherlands, Norway, Switzerland, Sweden, and Australia) that promotes sustainable access to modern energy services.
SunFunder Brings Working Capital Facility to Global LEAP Off-Grid Appliance Procurement Incentives Program
Global LEAP is excited to announce the formation of a partnership with SunFunder in support of the Global LEAP Off-Grid Appliance Procurement Incentives program.
SunFunder, an innovative solar finance business that unlocks debt capital for beyond-the-grid solar energy companies in emerging markets, is supporting the Global LEAP Off-Grid Appliance Procurement Incentives program with working capital financing starting at $100,000 for eligible participants who wish to apply for a loan.
SunFunder is dedicated to financing the emerging solar market transformation and is excited to partner with Global LEAP as it believes large-scale off-grid appliance procurements are key to the scalability and sustainability of the solar ecosystem.
Interested companies can email email@example.com for more information.