Audio By Carbonatix
A new report has confirmed that Solar is now the fastest growing energy source in the world, and is making a major impact in Africa.
The International Energy Agency’s 2017 on renewables forecasts that off-grid solar capacity in Africa is set to almost triple in the next five years, saying that it will “bring basic electricity services to almost 70 million more people in Asia and sub-Saharan Africa”.
The IEA has found that the amount of power from solar grew by more than 50%, and has officially increased energy output globally at a faster rate than any other fuel. The report specifically highlights off-grid solar as a ‘dynamic’ sector set to accelerate this growth.
Lumos, a company that offers one of the fastest growing off-grid solar services in Africa, is at the forefront of this expansion.
Lumos launched its Mobile Electricity Service and the Y’ello Box in partnership with MTN in Nigeria earlier this year. The device transforms the sun’s energy into electricity and is paid for via your mobile phone.
According to the IEA, off-grid capacity in Africa and Asia is set to reach “over 3000 MW in 2022.” CEO of Lumos Nigeria, Yuri Tsitrinbaum, said: “This is the latest evidence that off-grid solar is providing the answer to growing energy demand in Africa. There is no other option available that can provide energy that is as affordable, reliable, and clean.”
“We are changing the way people access electricity, and this is only the beginning. Mobile phones improved millions of lives, and now we are seeing the same thing with mobile electricity.”
Lumos Mobile Electricity Service is available at MTN stores across Nigeria. By subscribing to the service, customers get one of the revolutionary Y’ello Box systems that converts solar energy into electricity for the home, paid for by phone credit and a simple text message. It’s reliable, affordable and powerful.
The IEA report projects that over the next five years, services like Lumos will be the catalysts and drivers of innovative payment solutions that can allow low-income populations access to electricity.
Latest Stories
-
Algeria claim first-ever podium finish after penalty shootout win over hosts Morocco
15 minutes -
NPP struggled even in traditional strongholds in 2024 – Annoh-Dompreh
23 minutes -
NPP must elect strong parliamentary candidates to reclaim Greater Accra seats – Patrick Boamah
31 minutes -
Abdul-Aziz Abdu-Rahaman elected NPP Upper West Regional Chairman
35 minutes -
Iddrisu Sulemana edges Clifford Braimah to become NPP Savannah Regional Chairman
37 minutes -
‘Arrogance of power’ is driving voters back to NPP in Ashanti Region – Paul Adom-Otchere
47 minutes -
They demolish buildings and tell us they’re building 24-hour markets – Paul Adom-Otchere
1 hour -
NPP’s 2024 Bolgatanga Central Parliamentary Candidate elected Upper East Regional Chairman
1 hour -
Incumbent Northern NPP Chair wins as new faces break through in party executive elections
1 hour -
Former Health Minister Okoe Boye elected NPP Greater Accra Regional Chair
2 hours -
Joseph Kobinah Esibu elected NPP Central Regional Chairman
2 hours -
Fernandez booed by Chelsea fans as Alonso offers glimpse of blueprint
2 hours -
PSG sign World Cup winner Torres from Barcelona
2 hours -
Odeneho Kwaku Appiah beats former EPA boss Kokofu, to emerge NPP Ashanti chair
2 hours -
TDC defends statutory mandate, says its authority to develop Tema predates TMA
2 hours