Launching the Virtual Grid
WakaWaka is entering the Rwandan solar market this fall to pilot a new prepaid energy service. The Dutch development bank FMO invests EUR 600,000 in this innovative system for light and power in Rwanda.
WakaWaka is entering the Rwandan solar market this fall to pilot a new pay-as-you-go energy service, the Virtual Grid (VG). The prepaid technology replaces the usual high upfront costs of solar-powered energy weekly payments similar to the payment system used by mobile phones users around the globe. The costs of these payments are equal to the current average spend on kerosene and mobile phone charging. This safe, clean and affordable energy alternative has a positive impact on family health, school results, and even provides new income generating opportunities.
Maurits Groen (CEO WakaWaka) and Nanno Kleiterp (CEO FMO)