Member - MPower Ventures

MPower finances and distributes affordable solar kits in emerging markets via a B2B partnership model.

Type Startup or self-employed
Founded 2017
Company Size 16
Member Type
Innovator
Founders Manuel Seiffe, Gregor Nau, Michael Eschmann
Headquarters 8005 Zürich, Switzerland
Social network
MPower Ventures

About

Via a highly scalable B2B 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 Zürich, Switzerland

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
SDG 6 icon
SDG 7
Affordable and
Clean Energy
SDG 7 icon
SDG 9
Industry, Innovation
and Infrastructure
SDG 9 icon
SDG 11
Sustainable Cities
and Communities
SDG 11 icon
SDG 12
Responsible Consumption
and production
SDG 12 icon

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.