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MPower Ventures

A b2b ecosystem to unlock the potential of solar in africa

April 2020
Gallery MPower Ventures 1
Gallery MPower Ventures 1
01.

Identification

With its 3-pillar solution combining software, hardware & financing, Mpower uses existing network to decentralized clean energy production.

Addressing the lack of energy access and financial inclusion in emerging markets, Mpower partners with local entrepreneurs having an existing distribution network and customer base. The solution offers access to high-quality solar bundles for both off and on-grid segments, cost-effective financing and proprietary software to optimize operations. It's a 3-pillar solution: software, hardware & financing. MPower develops innovative payment schemes to mitigate credit risk for end-users, allowing to unlock the full potential of solar and clean energy in emerging markets.

Label Date April 17, 2020
From Switzerland
Maturity stage Small scale commercialization
Looking For Visibility; Funding opportunities; Partnership opportunities
02.

Implementation Stories

MPower Ventures by MPower Ventures
Implemented by Kamanjab Municipality in Kamanjab (Namibia) in 2024

In 2024, MPower Ventures and Kamanjab Municipality launched a pioneering solar pump project. The initiative aimed to secure a clean and efficient water supply by harnessing solar energy during daylight hours. Transitioning seamlessly to electricity after sunset, this system substantially reduces reliance on conventional energy sources. The solar pumps optimize operational efficiency, pumping more during the day and less at night, enhancing operational efficiency for Kamanjab Municipality.

Result

With an expected reduction of 75% to 80% in electrical costs, the project promises substantial economic savings while simultaneously reducing the community's carbon footprint.

03.

The environmental benefits

  • Reduces CO2 emissions up to 250'000 t in only 3 years
04.

The Financial benefits

  • Average pay back time is 18 months
  • Savings up to 100 USD/year per household with one small lighting kit or solar battery
  • Reduces spendings on lighting from 10% to 2% of household's income
05.

Activity Region

  • /
  • Headquarters
  • Activity
06.

Company Profile

MPower Ventures

MPower is a start-up that provides small- and medium-scale solar energy solutions in emerging markets.

View company profile
Headquarters 8004 Zürich, Switzerland
Contact the Solution Provider Add to Favorites

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 MPower Ventures 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.