SolarWorks! offers solar home systems and energy services on a pay-as-you-go basis to customers in Mozambique and Malawi. Today, SolarWorks! supplies a wide range of solar home systems – from small systems that include lights and mobile-charging capacity to bigger ones that power televisions, refrigerators, and sewing machines, allowing shops and companies to stay open longer. Customers pay small amounts every month using mobile money until eventually owning the appliance.

Support GET.invest Finance Catalyst

When SolarWorks! decided to change its business model from pico solar in Southern Africa to a fully-fledged energy service provider in Mozambique, one of the partners who assisted the company along the way was the GET.invest Finance Catalyst, building on support provided by the Energising Development programm. In 2019, the company scaled up with an amount equivalent to €3.5 million debt funding from the European Union’s impact investor ElectriFI. The financing provided by ElectriFI in 2019 will enable the company to equip more than 100,000 households with solar home systems by 2021.

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More information

GET.invest helps renewable energy businesses and project developers access finance in Sub-Saharan Africa and the Carraiben. Our advisors have worked with innovative businesses and projects of different sizes, technologies and business models. One thing they all have in common is driving clean energy access where it is needed most.

The program is supported by the European Union, Germany, Sweden, the Netherlands and Austria. Partners for Innovation implements the Finance Catalyst service on behalf of GET.Invest.

Please contact Peter Vissers for more information about the GET.invest Finance Catalyst program.