Eco Positive, Ltd. (herein after referred to as “Eco Positive”) is a renewable energy Development and Asset management company, focused solely on Sub-Saharan Africa. Eco Positive's objective is to Ethically Develop affordable renewable energy and to assist Rwanda in the creation of a home-grown fuel source.
Eco Positive launched in 2006 and since 2008, has been working in East Africa, having successfully negotiated and initiated a biofuels project in Rwanda. The management team has experience that spans large-scale project and programme management, renewable energy, and financial markets.
The current project in Rwanda has employed in excess of five hundred (500) people, the majority of whom were women, and has provided very tangible socio-economic benefits to the local communities already. These include providing the ability to pay for health care/insurance, schools fees, and contribute towards a reduction in crime and vandalism in areas surrounding the project, as detailed in letters to the Ministry of Energy from the workforce.
Eco Positive has an in-depth knowledge of the country, has a strong and collaborative relationship with the local communities of Rwanda and intends to build upon its relationship with the Rwandan government. The Management team recognizes the essential role that collaboration with local stakeholders plays in the successful initiation and operation of projects.
Eco Positive is a global leader and expert in developing Renewable Energy stocks and teaching and training the women and men of the community the skill sets needed to provide ethical, sustainable, and independent domestic energy for Rwanda.
ECOPOW3R is an experienced Renewable Energy Developer in SSA. It is well placed to meet the charge to bring thirty thousand (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 (5) years. There are about one hundred (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 thirty dollars ($30 USD) followed by regular payments of approximately thirty to fifty cent ($0.30- $0.50 USD) 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.