EC Solar Energy African Pay As You Go Energy

A megawatt of new solar energy installations goes online every 36 Minutes in the USA…

When will we do that in Africa? How about – right NOW!!!

The EC Energy company PAYG financing model for Africa, using the Democratic Republic of Congo as our pilot project has a KPMG backed projected ROIC of approx. 11.15%  on par with a company such as Apple Inc´s. Not Bad

It´s the first solar PAYG initiative of its kind in DR Congo serving a population of almost 80 million people having the lowest electrification rate in Africa of 13%. 

Worked in DR Congo since 2013 accumulating retail market data, business strategy, consumer debt psych and healthy political connections making this project very viable.

A dormant last-mile distribution network of 70 Shop and +1100 last-mile agents waiting for this project to get off and make a difference in their lives. 

Estimated ROI at +$12 Million USD by 2021 with $10 M USD Venture Capital Investment in 2019

According to the latest Bloomberg New Energy Finance data, published in the last quarter of 2017, more than $300 million in debt and equity was disbursed in East Africa to off-grid solar vendors in 2016, up from $20 million in 2013.  As new venture funds have been announced and corporate interest grows, 2019-2021 should bring a similar level of activity.

Let´s deliver bankable PAYG to DR Congo. Our markets are seeing some of the fastest economic growth in the world. 

Yours truly 

Uffe J. Carlson / GM

Stage Startup stage EST February 2017
Sectors Renewable energy
Location Washington, United States of America
Markets Angola, Cameroon, Congo, Congo, Democratic Republic of the, Côte d'Ivoire, Ghana, Nigeria, Rwanda
Customer model B2C
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