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Affordable Solar Energy

Fully-financed solar-as-a-service packages for businesses in emerging markets

March 2019
Gallery Affordable Solar Energy 1
Gallery Affordable Solar Energy 1
01.

Identification

Ecoligo's solar-as-a-service is a fully financed solution for businesses in emerging markets.

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.

Label Date March 2019
By Ecoligo
From Germany
Maturity stage Small scale commercialization
Looking For Marketing, awareness in emerging markets, institutional investors, financiers

Sectors - Value chain - Application

Sectors
Applications
Design, Power & Produce
Package & Distribute
Use & Efficiency
Valorize & Restore
Value Chain Steps
02.

The environmental benefits

  • Fully-financed.
  • 17 300 tonnes of CO2 will be saved over the lifetime of the projects that have been financed.
03.

The Financial benefits

  • For 1000 businesses, 700 million EUR in savings will be generated over the lifetime of the projects.
04.

Activity Region

  • /
  • Headquarters
  • Activity
05.

Labeled Solutions in the news!

Berlin-based ecoligo raises €2.5 million to expand its Solar-as-a-Service solution in emerging markets

Berlin-based startup ecoligo offers ‘Solar-as-a-Service’ contracts. It provides commercial and industrial businesses in emerging markets with the necessary financing for solar projects. The startup has now raised €2.5 million in funding.

GHANA: Ecoligo and Yingli connect a mini solar power plant to the Central University

The Central University of Ghana is now partly lit by electricity produced from renewable source. This is a mini solar photovoltaic power plant that has just been commissioned at this research and higher education institution based in the city of Tema, near Accra. The project was implemented by the German company Ecoligo, which specializes in financing small solar projects.

06.

Company Profile

Ecoligo

ecoligo is a complete digital solution for financing and delivering solar projects for businesses in emerging markets.

View company profile
Headquarters 10829 Berlin, Germany
Connect with the innovator Save to Project

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.