Laura Fortes, Senior Project Manager, Investor Engagement & Drew Corbyn, Head of Performance & Investment GOGLA’ s Investment Database finds that total investment committed to the off-grid solar sector in 2021 amounted to $450 million, $130 million higher than in 2020. This represents a return to growth for the industry after five years of annual […]
Climate Finance as a Way to Create Energy Access in Africa
Stories about climate finance are starting to flood the internet in the build-up to COP26 at the end of the year, but the conversations vary, depending on your geographic location. While financiers, power developers, utilities and everyone involved in producing energy can agree that financing to address climate issues is needed, the exact parameters vary. […]
Pandemic casts shadow on off-grid solar sales in poorer nations
By Megan Rowling BARCELONA: As the coronavirus pandemic hit trade and incomes hard in developing nations, sales of off-grid solar products fell sharply in the first half of the year, even as many poorer households relied on them during lockdowns. Data compiled by GOGLA, the association for the off-grid solar energy industry, found global sales […]
GOGLA’s position on VAT for off-grid solar products in Kenya
A new policy came into effect on 1 July, changing the status of off-grid solar equipment and accessories in Kenya, which were previously exempt from a 14% VAT. The adopted Bill removed the current VAT exemption for “specialised equipment for the development and generation of solar and wind energy, including deep cycle batteries, which use […]
From lives to livelihoods, solar powers opportunity for Indian households
From lives to livelihoods, solar powers opportunity for Indian households New report shows an overwhelming majority (94%) of households with a solar home system (SHS) say it has led to quality of life improvements 1 in 10 report that the SHS has enabled them to increase their income These impacts are seen even though […]