Dear Critics: Here’s Why the Off-grid Energy Industry Needs Impact Investment

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Dear Critics: Here’s Why the Off-grid Energy Industry Needs Impact Investment

We read with interest Ceniarth’s reasoning for reducing their exposure to the venture-backed solar home system market. While they are of course welcome to change their investment thesis, their article potentially discourages others from taking time to understand the industry. This, in turn, does a disservice to the many companies that are approaching the sector responsibly and building sustainable business models and, most importantly, to the households that continue to live with unreliable, dangerous, inadequate and ultimately extremely expensive means of lighting and basic energy. As representatives of the Global Off-Grid Lighting Association (GOGLA), established to represent the off-grid industry and help it grow sustainably, we would like to respond to Ceniarth and shed light on what the industry is doing to address the challenges. Read the full GOGLA response here. 

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