Rating reports

SolarAid
Risks

One risk already occurring is theft of the panels left out to charge, and of the solar entrepreneur groups’ raw materials (there was a break-in). However, at least this verifies that the panels are perceived as valuable, and they will, presumably, be being used by someone else, maintaining impact.

There are potential currency, fraud and customs issues related to imports. A shipping agent and a customs clearance agent will help with this. Kerosene is also imported so there could be a balancing effect as national kerosene consumption reduces. Tanzania has zero solar import duty, and a positive ministerial approach to the technology. There are no specific risks for Zambian and Malawian imports.

There has been a silicon price inflation issue but the cost has stabilised recently and increased demand is resulting in increased solar production capacity coming on stream.

SolarAid works with, rather than competes with, local solar companies. It concentrates on rural areas, individuals, small enterprises, and quality products that are robust enough for the conditions. There is potentially a huge market for the products so saturation is unlikely.


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