Solar-powered appliances

Solar-powered appliances

Photo by Shutterstock

Solar-powered appliances
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Renewable Resources and Alternative Energy
Alternative Energy
Business Model Description

Manufacture and / or assemble energy efficient solar appliances, such as lamps, water heaters or stoves, for large-scale public and private buildings, such as hospitals, schools and offices.

Expected Impact

Equip critical public infrastructure in remote areas with access to clean, reliable and cost-effective electricity.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
20% - 25% (in ROI)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
More than 20 million people did not have access to electricity in 2018.
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Affordable and Clean Energy (SDG 7) Climate Action (SDG 13)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8) Reduced Inequalities (SDG 10) Life on Land (SDG 15)
Sunset and electricity
Photo by d.light
Case Study: d.light provides household access to renewable light and energy
d.light, a UNCDF pipeline company, provides access to clean, safe, and affordable renewable light and energy to households in more than 70 countries in Africa, Asia, and Latin America and the Caribbean. Its range of solar products, including solar lanterns and solar home systems, are available and affordable to low-income families by enabling financing using pay-as-you-go technology.
Sector Sources
  • (I) Ministry of Energy and Mineral Development. Energy and Mineral Development Sector Development Plan 2015/16 – 2019/20. (II) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G., Woelm, F. (2020). The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. (III) National Planning Authority. National Development Plan III (NDPIII) 2020/21 – 2024/25.
IOA Sources
  • (1) German Energy Solutions (2018). Presentation on Nigeria’s off-grid renewable energy market and investment potentials. https://www.german-energy-solutions.de/GES/Redaktion/DE/Publikationen/Praesentationen/2018/181120-iv-nigeria-ohiahre-rea.pdf?__blob=publicationFile&v=3 (2) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G., Woelm, F. (2020). The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. (3) Uganda National Renewable Energy and Energy Efficiency Alliance. Overview of Uganda’s Renewable Energy Potential. https://unreeea.org/resource-center/overview-of-the-ugandan-energy-sector/ (4) United States Agency for International Development (2016). Power Africa in Uganda. https://www.usaid.gov/sites/default/files/documents/1860/UgandaCountryFactSheet.2016.09_FINAL.pdf (5) Mokveld, K. and von Eije (RVO.nl), S. (2019). Final Energy report Uganda. https://www.rvo.nl/sites/default/files/2019/02/Final-Energy-report-Uganda.pdf (6) Ministry of Energy and Mineral Development. Energy and Mineral Sector Development Plan 2015/16 – 2019/20. (7) Ministry of Energy and Mineral Development (200&). Renewable Energy Policy For Uganda. https://etutoring.gayazahs.sc.ug/uploads/ebooks/1336063700.pdf (8) Ministry of Energy and Mineral Development (2019). Draft National Energy Policy. http://energyandminerals.go.ug/site/assets/files/1081/draft_revised_energy_policy_-_11_10_2019-1_1.pdf (9) Government of Uganda (1999). Electricity Act. https://uegcl.com/about/electricity-act/file.html (10) Global Energy Network Institute. National Energy Grid Uganda. http://www.geni.org/globalenergy/library/national_energy_grid/uganda/ugandannationalelectricitygrid.shtml] (11) Energypedia. Uganda Energy Situation. https://energypedia.info/wiki/Uganda_Energy_Situation (12) Uganda Revenue Authority (2019). A Tax Incentives Guide for Investors in Uganda. https://www.ebiz.go.ug/wp-content/uploads/2020/03/TAX_INCENTIVES_GUIDE_FOR_INVESTORS_IN_UGANDA_October_2019.pdf (13) Government of Uganda (2007). The Collective Investment Schemes (Conduct of Business and Miscellaneous Provisions) Regulations. https://businesslicences.go.ug/kcfinder/upload/files/The%20Collective%20Investment%20Schemes%20%28Conduct%20of%20business%20and%20misc.%20provisions%29%20Regulations%2C%202007.pdf (14) Ministry of Trade, Industry and Cooperatives (2012). National Standards and Quality Policy. http://www.mtic.go.ug/wp-content/uploads/2019/08/National-Standards-and-Quality-Policy.pdf (15) Bielecki, A., Ernst, S., Skrodzka, W. and Wojnicki, I. (2020). The externalities of energy production in the context of development of clean energy generation. https://link.springer.com/article/10.1007/s11356-020-07625-7 (16) Guangul, F.M. and Chala, G.T. (2019). Solar Energy as Renewable Energy Source: SWOT Analysis. https://www.researchgate.net/publication/331266856_Solar_Energy_as_Renewable_Energy_Source_SWOT_Analysis (17) World Bank database. (18) Ministry of Energy and Mineral Development. About Us. https://www.energyandminerals.go.ug/about-us/ (19) Electricity Regulatory Authority (2018). Functions of ERA. https://www.era.go.ug/index.php/about-us/era/functions (20) Rural Electrification Agency. REA Profile Overview. http://www.rea.or.ug/index.php/about-us/ (21) PwC analysis based on Prof. A. Damodaran data, 2020. (22) Ministry of Tourism, Trade and Industry (2008). National Industrial Policy. http://www.mtic.go.ug/wp-content/uploads/2019/08/National-Industrial-Policy.pdf (23) Uganda National Bureau of Standards (2020). Uganda Standards Catalogue as at 30 June 2020. https://unbs.go.ug//attachments/menus/27/Uganda%20Standards%20Catalogue%20as%20at%2030%20June%202020-Final-2020-10-25.pdf