THE AFRICAN BUSINESS FORTUNE MAGAZINE ISSUE #006 The African Business Fortune Magazine | Page 22

THE AFRICAN BUSINESS FORTUNE - ENERGY Consumers to benefit from Mobisol solar products A Mobisol employee presents the solar home system to potential clients at a market in Tanzania. By Zack Owuor T he entry of Mobisol in Kenya with solar products served an eye opener for most consumers, especially rural dwellers. It revealed that solar can equally generate electricity similar to other energy sources with additional benefits such as guaranteed no pollution, no fuel costs and no risks of fuel price spikes besides being cleaner, reliable and affordable. Mobisol’s chief executive officer, Thomas Gottschalk, said the solar panel system introduced in the local market is the only credible substitute to grid electrification – which is expensive and unreliable. “With solar energy your total energy bill can drastically be reduced by using a solar lamp for lighting or a water heater, which is solar powered,” Gottschalk said. According to him, solar power systems can alternatively be installed in your home or office to cater for all the energy needs. Indeed, ever since Mobisol launched its first solar energy product in Kenya, the uptake has been on the rise and those who live in rural areas say the technology is good and can use the system to do a variety of things including lighting purposes. A month after the launch, Solarcentury – a solar company has announced plans to undertake the installation of three plants at the International Centre for Insect Physiology and Ecology (ICIPE). The company intends to build a $2.5 million (Sh250 million) project – which is the largest solar investment in the country and is expected to generate 1154kWp. Gottschalk said while solar solutions are gaining in popularity among the low-income individuals, the local market does not really carry large solar solu- 22 THE AFRICAN BUSINESS FORTUNE MAY - JUNE 2016 tions, strong enough to power large TVs, music stereo systems or even fridges. “The solar panels are designed to handle small and large electricity requirements. It can be used to heat even pools. They can be connected to an electric distribution system or even stand-alone to help you power different appliances in the home,” he said. Kenya has a number of firms which sell solar panels but one the product has been bought, the company that sells it is not bothered to do a follow up whether it’s working or not working. However, that is where Mobisol Solar Systems comes handy. The firms’ CEO admits that in three months’ time, Mobisol’s solar products will be in every part of the country. He says those who cannot buy the product in cash can be installed the gadget once they have down payment. “The remaining amount can be paid