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Sign upAffordable Solar Energy
Fully-financed solar-as-a-service packages for businesses in emerging markets
- About Company
Affordable Solar Energy
Fully-financed solar-as-a-service packages for businesses in emerging markets
Label Date
March 14, 2019
By
ecoligo
From
Germany
Maturity stage
TRL 9 / CRI 3-4 - Commercial Scale Up / Multiple commercial Applications
The solution tackles the high electricity costs faced by commercial and industrial companies in emerging markets. It removes the technical and financial barriers that prevent such projects from being realised, bringing affordable electricity to these businesses. After the diagnostic and a financial ability review are made, the project is presented to the Ecoligo crowdinvesting platform. Financing the projects through crowdinvesting not only enables that solar projects are financed in an efficient way, but also that the private investors are appropriately and systematically involved in the projects. Installation and maintenance of the systems are managed by ecoligo and its local partners, ensuring that customers receive worry-free power. The built system is owned by ecoligo, and the electricity is sold to the client in a lease agreement. The client has a fixed and predictable price that is significantly lower than their current electricity bill with no need for capital expenditure.
The Environmental Benefits
- •Fully-financed.
- •17 300 tonnes of CO2 will be saved over the lifetime of the projects that have been financed.
The Financial Benefits
- •For 1000 businesses, 700 million EUR in savings will be generated over the lifetime of the projects.
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Company Profile
ecoligo
ecoligo is a complete digital solution for financing and delivering solar projects for businesses in emerging markets.
Headquarters
10117 Berlin-Mitte, Germany
Type
Startup or self-employed
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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. 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. The innovator ecoligo has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.