Mobisol acquires Lumeter to expand off-grid solar pay-as-you-go solution

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.