Member - MPower Ventures

MPower is a B2B2C platform supplying and financing small-scale solar infrastructure in emerging markets.

Type Startup or self-employed
Founded 2017
Company Size 21
Member Type
innovator
Founders Manuel Seiffe, Gregor Nau, Michael Eschmann
Headquarters 8005 Zurich, Suisse
Social network
MPower Ventures

About

Via a highly scalable B2B2C partnership model, MPower provides connectivity and affordable, reliable solar products to off-grid and under-electrified households and SMEs in emerging markets, starting with Sub-Saharan Africa. We do so by partnering with local entrepreneurs and providing them with sourcing support, state-of-the-art software and micro-financing solution. We enable our customers to power their homes and businesses independently from the electricity grid or fossil fuel-based electricity production systems in Sub-Sahara Africa. Our product portfolio is aimed at households and small and medium enterprises in the retail and agricultural sectors. Households and businesses can use MPower's solar systems to power their radios and TVs, charge their mobile phones and light their homes. We offer our valued customers mobile payment solutions as well as “lease-to-own” financing of up to 24 months. MPower’s business is based on local partnerships: We are scaling-up by partnering with local entrepreneurs and businesses offering them a powerful combination of software, hardware and finance. MPower identifies, qualifies and finances local business partners enabling them to grow their business while solving critical energy issues in their communities. With an MPower partnership everyone gains: Local partners can grow their business, end customers get access to clean affordable energy and MPower can bring its solution to more clients.
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Headquarters 8005 Zurich, Suisse

SDG’s of application

The Sustainable Development Goals are a call to action to end poverty, protect the planet and ensure peace and prosperity everywhere.
SDG 6
Clean water and sanitation
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SDG 7
Affordable and clean energy
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SDG 9
Industry, innovation and infrastructure
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SDG 11
Sustainable cities and communities
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SDG 12
Responsible consumption and production
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Efficient Solutions

Labelled Solutions from MPower Ventures

The Solar Impulse Efficient Solution label seeks to bridge the gap between ecology and economy, bringing together protection of the environment and financial viability to show that these solutions are not expensive fixes to problems, but rather opportunities for clean economic growth.

The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. To validate the Membership to the World Alliance for Efficient Solutions, the Solar Impulse Foundation only verifies that each entity is registered and has signed our principles and values stated in the following World Alliance for Efficient Solutions charter. For those Members who are also solution providers, this information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.