Fenix International`s ReadyPay Solar Power System: Spurring Energy Inclusion in Uganda

Case Code: BENV045
Case Length: 20 Pages
Period: 2019-2020
Pub Date: 2022
Teaching Note: Available

Price: Rs.400
Organization: -
Industry: -
Countries: Uganda
Themes: Business Models, Technology in Social Enterprise, Entrepreneurship

Abstract Case Intro 1 Case Intro 2 Excerpts

Introduction

In July 2020, the European Investment Bank (EIB) provided a US$12.5 million loan to Fenix International (Fenix), a US-based next generation solar energy company, to support the installation of 240,000 off-grid solar home systems (SHSs) in Uganda. Fenix, a fully-owned subsidiary of the French group ENGIE, offered off-grid solar systems to customers in East African nations, primarily in Uganda. Fenix realized the necessity of technology to spur development in Uganda where about 80% people lacked access to energy, which significantly slowed down their economic and social progress..

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