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NAIROBI,KENYA: Mobisol, has acquired Lumeter, one of the largest providers of pay-as-you-go (PAYG) software for the off-grid solar industry. The acquisition creates strong synergies between Lumeter and Mobisol’s software for pay-as-you-go services.
The combined company creates an unrivaled player with strong pricing power, expertise in the metering sector for stand-alone solar systems and mini-grid solutions. Furthermore, it has the ability to deliver PAYG functionalities for large productive use systems to underserved areas of the world.
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