ECOPOW3R Solar Campaign
ECOPOW3R is an experienced Renewable Energy Developer in SSA. It is well placed to meet the charge to bring 30,000 megawatts (MW) of cleaner, more efficient electricity generation capacity, as well as to increase electricity access by adding 60 million new home and business connections throughout SSA.
ECOPOW3R has extensive experience in building partnerships in multiple African jurisdictions and is committed to developing the most cost effective and empowering off grid delivery of electricity, telecommunication, and web based entrepreneurial solution to SSA.
ECOPOW3R’s project involves distributed generation throughout sub-Saharan using mini-grid technology. The off-grid solar market has expanded over the last five years. There are about 100 developers in the off-grid energy industry, working mostly in Africa and Asia; however, there is very little competition in Rwanda and the larger SSA region in general.
Most of ECOPOW3R’s competitors offer standalone systems and charge an installment fee of around $30 followed by regular payments of approximately US$0.30- $0.50 per day for access to electricity. Customers are typically charged per unit of time rather than the electricity that they used. The project is unique from competitors, as ECOPOW3R’s mini-grid technology focuses on pay-as-you-go power rather than a fixed-pay system where users pay a set fee regardless of how much energy is used by consumers individually.
The mini-grids can be scaled up to allow for more houses and thus more people to have access to electricity, even in some of the most remote regions of SSA.
The mini-grids allow for power to be generated without the need for the systems to be connected to the national or regional grid systems.
ECOPOW3R has invested its capital, based on its extensive experience in developing Renewable Energy in East Africa, in developing proprietary off grid technology that is specifically designed to be deployed in rural villages to bring Cost Effective Renewable Energy, Telecom and Web based information and business opportunities to these targeted rural areas.
The Company's approach centres on the identification of viable sites, which will generate significant cost savings to the consumer, alongside supporting sustainable development objectives regionally.
The management team has experience that spans large-scale project and programme management, renewable energy, and financial markets.