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Financing & Contracts · Week 5 of 52

How to get solar for your business with no upfront cost

Four ways African businesses get solar without a capital outlay — Energy-as-a-Service, PPAs, leases and vendor finance — and which fits which company.

The technology has been ready for years; the money is what holds businesses back. Here are the financing routes that put solar and cold storage on your site without a cheque for the equipment, and how to tell which one fits you.

Key facts

  • Energy-as-a-Service: provider owns and maintains everything; you pay a fixed monthly fee. Best for sites with steady cold or motor loads.
  • Power purchase agreement (PPA): you pay per kWh produced. Best for sites with daytime-heavy loads and no cold chain.
  • Equipment lease: you pay monthly and own the system at the end. Best if you want the asset on your books.
  • Direct purchase: cheapest over the long run if you have the cash and can carry maintenance risk.

Energy-as-a-Service

Frontières Bay finances, installs, owns and maintains solar, battery and cold storage at your site under a 5–10 year contract. Your fee is fixed and set 20–30% below your current diesel plus grid spend. Monitoring, maintenance and insurance are ours. It fits businesses spending roughly US$2,000 a month or more on energy with a load that runs most of the day.

Who qualifies

  • 3+ years trading, with bank statements
  • Roof or land for the solar array
  • Revenue in US dollars or another hard currency — or a project of about US$1M of equipment with currency protections
  • A cold load or heavy motor load running most of the day
  • Some grid supply, or approval for gas backup at off-grid sites

What the process looks like

A free energy audit (remote first, then on site), a written proposal with the fee and savings, a contract, then 10–14 weeks to an operating system. Exporters earning dollars can go from first call to signed contract in a few weeks; local-currency projects take longer because a bank guarantee and insurance are arranged alongside.

Find out which route fits your site.

Talk to Frontières Bay

Frequently asked

Is there a credit check?

Yes — three years of accounts or bank statements and a local guarantor for smaller sites. The equipment is ours, so we underwrite the customer, not the asset.

Can a group of small businesses share one contract?

Yes. Several sites under one contract is a common way for local-currency customers to reach the project size that makes protections affordable.

Free energy auditSavings calculator