German-based solar electrification firm Mobisol has acquired pay-as-you-go off-grid (PAYG) solar industry software firm Lumeter.
Mobisol chief innovation officer Stefan Zelazny said Lumeter’s acquisition enables them to deepen offering by directly engaging off-grid product manufacturers and distributors while providing clients with affordable services and products.
Lumeter founder Mitra Ardron said the deal brings together customers, hardware and back-end solutions of the two leading companies in PAYG.
Mobisol, which has an installed 10MW off-grid capacity in Kenya, Rwanda and Tanzania, said it is now able to offer a wholesome ‘‘suite’’ of software that makes major consumer and commercial implementation possible.
Lumeter is known for its off-grid solar market software that utilises available micro-finance systems in local communities thereby enabling low-income earners to access solar power on a pay-as-you-go platform.
Founder Mitra Ardron said the deal brings together the customers, hardware and back-end solutions of the two leading companies.
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