"Globally, about 840 million people lack access to electricity, most of them in Sub-Saharan Africa, where three in five persons still live without electricity."
The Funding the Sun: New Paradigms for Financing Off-Grid Solar Companies report elucidates the role of financial innovation in the off-grid solar sector and provides a roadmap for practitioners, financiers, and entrepreneurs navigating capital raises for companies active in the sector. It examines a full range of established and frontier financing options. It illustrates that some technology-enabled financial innovations, such as peer-to-peer business lending, are already playing an important role in the sector.
This Knowledge Note is an edited version of the report - Funding the Sun: New Paradigms for Financing Off-Grid Solar Companies.. The report was prepared by the World Bank Group and the Cambridge Centre for Alternative Finance, the University of Cambridge Judge Business School, with support from ESMAP. You can read the full report HERE.