Location
71-75 Shelton Street
Covent Garden, London WC2H 9JQ
United Kingdom
Phone Number
+971551441691
Working Hour
Mon to Sat: 8 AM to 6 PM Sunday: Closed
Who We Are
Innovative Solutions for Renewable Energy Financing
Electrify.solar is established by a group of experienced renewable energy professionals to be an intermediary for the selling of rights to electricity (‘utility tokens’) from a renewable energy project to early electricity buyers, and to act as a virtual utility enabling the exchange of the rights/tokens for electricity from the project.
Electrify.solar’s core purpose is to circumvent debilitating challenges and financing complexity cost faced by smaller projects in emerging and developing markets by enabling projects to be financed through the forward sale of the electricity they will produce, rather than through the raising of debt and equity.
Empowering Renewable Energy
Facilitating seamless electricity transactions through innovative financing solutions for sustainable projects in developing markets.
Electrify Solar transformed our energy project with clear, transparent processes, making renewable energy more accessible than ever before.
Sarah Johnson T
Working with Electrify Solar has streamlined our financing options and improved our project’s viability significantly. Highly recommended!
Mark Stevens B
The platform’s user-friendly interface and comprehensive support made entering the renewable energy market straightforward and stress-free.
Emily Carter A
Electrify Solar’s governance model inspired confidence in our investment and allowed us to focus on project development.
Laura Bennett M
We appreciate Electrify Solar’s commitment to transparency and quality. It truly makes a difference in our operations.
Jessica Green K
Thanks to Electrify Solar’s expertise, we navigated complex financing hurdles and achieved our project goals smoothly.
Samantha White L
It is home to about 7300 people, including about 2,800 men, 3,000 women and 1,500 children, whose livelihood is based on catching and processing fish from Lake Victoria.
Since 2017, a 21kWp solar microgrid has been operating on the island, supported by a 144 kWh battery solution and a 12 kVa diesel generator for balancing demand. Currently, 160 customers are connected to the microgrid, including the telecoms antennae of Safaricom, the local clinic and police station, as well as PFP projects piloting poultry and vegetable farming and sports facilities.
The microgrid sells power on Pay-As-You-Go basis where customers pre-pay for power at a fixed tariff, using an M-Pesa provided payment solution.
Electrify.solar aims to finance the expansion of the generation capacity to a total of 180 kWp, with the installation of another 159 kWp of PV panels, supported by additional battery capacity of approx.. 790 kWh. This nearly 9x expansion of the project will generate an additional 665 kWh of green power per day, reduce the cost of electricity paid by the consumer to approximately half, save over 350 tons of carbon emissions over 5 years as compared to diesel generated power, and enable additional commercial uses incremental to human and economic development.
The fishing implies an immediate opportunity for the commercial use of the electricity with supporting economics for electricity consumers. Lack of cooling currently means up to 60% of the catch can be lost, with the waste – rotten fish – too often finding its way back into the lake. The electricity from the expansion thus increases fishing income, helps keeping the lake cleaner, and may potentially even reduce pressure to overfish due to better yields on caught fish.
Additional uses for the electricity includes the supply of clean water, the substitution of kerosene lamps for electric domestic lighting – improving the indoor respiratory environment of households, the powering of communications infrastructure and provisioning of internet access, the powering of modern healthcare; cooling for the storing of vaccines, the powering of education, sanitation and essential public amenities. And eventually, a diversification of the economic base beyond fishing.
The situation in Remba is characteristic of the majority of Kenya’s fishing communities. On Kenya’s many islands, the lack of sufficient reliable and affordable power is the single most constraining obstacle to economic development, health and well-being. Around Lake Victoria, Lake Turkana, Lake Baringo and other lakes and rivers, there are over 500 similar freshwater fishing communities.
Furthermore, going beyond Kenya and including Tanzania, Uganda and Rwanda, the population surrounding Lake Victoria amounts to about 40 million people. Going even further, beyond Lake Victoria, in the whole of Africa, there are 600 million people without electricity.
For communities like Remba Island, there is limited or no electricity infrastructure present. Locally generated diesel power is limited, expensive, and bad for health and the environment, both for the air people breathe locally, and for CO2, which warms our planet globally. Community solar microgrids represent the ideal working solution, providing affordable electricity required for economic– and human development in the precise quantities that the local society can afford, with zero reliance on existing grid infrastructure.