(Ecofin Agency) - In Ghana, PEG Africa, solar energy solution provider, plans to supply power to 75,000 people. To do so, the firm mobilized from ResponsAbility, SunFunder and Oikocredit, $500,000 each totaling $1.5 million.

“We hope to support PEG in achieving meaningful growth. Off-grid solar for improving the living standards of economically disadvantaged people is a big opportunity in Ghana and the rest of West Africa,” said David ten Kroode, Oikocredit’s renewable energy manager.

PEG Africa provides its customers domestic solar installations including a battery, an 8W solar panel, a torch, one radio and a phone charger.

The company mobilized in June 2016, $7.5 million to implement a programme that aims to give power to 500,000 homes in West Africa, by 2020.

Gwladys Johnson