Pay-to-own solar provider Fenix International makes waves in Ugandan off-grid solar

Facebook
Twitter
LinkedIn
Reddit
Email
Off-grid solar is taking off in Uganda, according to Fenix International and its ReadyPay Power residential PV product. Source: Fenix International

A pay-to-own solar system provider known as Fenix International has doubled its off-grid customer base in just 12 months of operation.

Reaching 100,000 customers in Uganda this month, the company has surpassed this milestone within just a few years of its inception in 2014.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Crediting the move to off-grid solutions to solve Africa’s chronic energy access problem, Fenix has installed its flagship solar system ReadyPay Power in many homes in Uganda; where more than 80% of people lack access to electricity, and has displaced 200,000 kerosene lamps with its product.

Fenix adopts a pay-to-own payment plan for its product, which is a popular business model in Sub Saharan Africa. Under the company’s current plan, customers can pay just US$0.15 per day for the entry level product, with 36 months to complete payment for the entry level US$160 solar home system; which constitutes what is claimed to be the most affordable pay-to-own residential system in Uganda.

Hitting the 100,000 customer milestone brings the total of solar leases deployed by Fenix to more than US$20 million.

“Arriving at 100,000 customers showcases our fantastic growth record, but more importantly it represents more than 600,000 Ugandans who now have power and bright, safe light in their homes for the very first time,” said company CEO Lyndsay Handler. “In addition, all of our off-grid customers build up a credit score, opening up new access to financial services and additional product upgrades.”

17 June 2025
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

April 24, 2025
Lee Zhang of Sungrow reveals how the company's new inverter meets the needs of the rapidly evolving solar and storage industries.
April 24, 2025
US material recovery firm OnePlanet has closed two financing deals to aid the development of a solar module recycling facility in Florida.
April 23, 2025
Germany’s latest public auction for ground-mounted solar PV capacity ended “significantly oversubscribed”, according to the German electricity regulator, the Bundesnetzagentur.
Premium
April 23, 2025
Analysis: Carrie Xiao explores the factors behind the recent cancellation of China’s PV module mega-tender and their wider implications for equipment procurement.
April 23, 2025
Italian renewable energy developer Limes has sold a 287MW portfolio of solar PV and wind power projects to an unnamed “international independent power producer (IPP)”.
April 22, 2025
The US Department of Commerce has issued anti-dumping and anti-subsidy tariffs on solar cell imports from Southeast Asia.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 29, 2025
Dallas, Texas
Media Partners, Solar Media Events
May 7, 2025
Munich, Germany
Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK