Technical FAQs 4

How does Zola finance solar homes in Rwanda?

ZOLA has created a scalable financing mechanism through its Million Solar Homes Fund. This debt facility allows the company to grow from 100,000 to 350,000 customers in a low-cost, non-dilutive manner. ZOLA is now exploring similar financing vehicles in Rwanda as well as other new geographies.

How many kerosene lamps can a Zola system save?

With between two and three kerosene lamps replaced by each ZOLA system, the saving from systems currently in use is over 23,000 tonnes of CO2e per year. In Sub-Saharan Africa, only 34% of the population has a financial account.

How much does Zola cost in Tanzania?

Through ZOLA's financial solution, its services are affordable to 80% of Tanzanian households today. The cost of the ZOLA service is on par with kerosene for lighting (typically US$0.25 per day), and customers can pay in the way that suits them best. ZOLA's work benefits numerous groups, including young men and women in Tanzania and Rwanda.

What are some of our Zanzibar projects?

Some of our Zanzibar projects include: Fun Beach – a beach resort now running more efficiently with stable, clean energy. Significantly reducing operational cost Sharazad Boutique Hotel – ensuring seamless guest comfort while reducing dependency on generators. Providing green energy for the entire hotel

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