A second chance to electrify Africa?
The April 2019 insolvency of shooting-star solar provider Mobisol hit the offgrid solar sector like a bombshell, throwing into question the private-sector model of supplying renewable energy to some of the world’s poorest people. Industry insiders concluded that socially minded entrepreneurs, among them Mobisol, took the revolutionary pay-as-you-go system as far as they could, before becoming bogged down in the unforgiving terrain of Africa’s markets. Then, in early September, French energy giant Engie acquired Mobisol, shocking the sector with its against-the-grain plan to take the company’s quest for universal access to energy to another level.
When diminutive startups such as Berlin-based Mobisol took off around 2013 by selling standalone PV systems in rural Africa, observers thought they might have stumbled upon a revolutionary way to deliver electricity to the 1.3 billion people throughout the world who live without reliable power – a prerequisite for development.The initial success of the startups …
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