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 incentives 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.
Incentive window for refrigerators opens
22 January, 2018
This program is funded 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. The program is also supported by Power Africa's Beyond the Grid Initiative.
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.