Zola Electric
Debt Financing in 2021
Zola Electric is a provider of off-grid solar solutions focused on the African market, specifically operating in Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012 and based in Arusha, Tanzania, with an office in San Francisco, the company specializes in renewable energy systems that leverage advanced solar, battery, and power electronics technology. Zola Electric offers solar home kits through a leasing or purchase model, enabling households and businesses to access clean and affordable energy. The company employs a pay-as-you-go micro-finance system that accommodates varying energy needs and income levels, powering over 180,000 homes and businesses. Recognized for its innovative approach, Zola Electric has received several awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and is included in the Global Cleantech 100.
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
PEG
Debt Financing in 2019
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
Zola Electric
Debt Financing in 2018
Zola Electric is a provider of off-grid solar solutions focused on the African market, specifically operating in Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012 and based in Arusha, Tanzania, with an office in San Francisco, the company specializes in renewable energy systems that leverage advanced solar, battery, and power electronics technology. Zola Electric offers solar home kits through a leasing or purchase model, enabling households and businesses to access clean and affordable energy. The company employs a pay-as-you-go micro-finance system that accommodates varying energy needs and income levels, powering over 180,000 homes and businesses. Recognized for its innovative approach, Zola Electric has received several awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and is included in the Global Cleantech 100.
PEG
Debt Financing in 2016
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.