"Energy Access Booster" initiative featured on CNBC
A joint initiative to boost energy access in Africa was recently featured in CNBC's Sustainable Energy special report. Energy Access Booster was launched last year by EAP member TOTAL S.A., ENEA Consulting, Acumen and SEforALL and recently selected five award winners.
"We aim to choose the sector's best entrepreneurs and provide them a comprehensive support until they're mature enough to interest investment funds," says Florian Temime, investment manager at Total Energy Ventures.
The call for projects targeted deployment-stage businesses focusing on one of four areas — distributed green mini-grids, sustainable mobility, refrigeration (cooling or cold storage) and energy for drinking water and agriculture — "Very promising segments for which very few projects exist," says Florian Temime.
Five "Energy Access Booster" award winners selected
Five African entrepreneurs were selected to receive the inaugural “Energy Access Booster” awards. The winners were announced during the Unlocking Solar Capital: Africa conference, held in Kigali, Rwanda on November 7th and 8th, 2018.
The awards are being presented to entrepreneurs who are implementing energy access projects in Africa, with a focus on four sectors: green mini-grids, sustainable mobility, refrigeration, and energy for drinking water and agriculture.
The awards are being sponsored by EAP member TOTAL, ENEA Consulting, Acumen and Sustainable Energy for All (SEforALL).
The selected entrepreneurial companies are:
● Agsol, operating in Kenya, Tanzania and Zambia, is a product development company replacing laborious hand labor and diesel machines in rural areas with solar-powered agricultural transformation equipment. ● Kivu Green Energy, operating in the Democratic Republic of Congo (DRC), is developing solar mini-grids in eastern DRC. ● Mucho Mangoes operates a solar mango drying unit in Kenya and is planning to develop a cold storage facility using thermal energy storage technology to reduce post-harvest losses and increase incomes for 200 mango farmers ● Solar Freeze markets solar-powered refrigeration solutions to Kenyan farmers based on a micro-franchising approach ● Sunny Irrigation, operating in Kenya, is developing solar irrigation pumps for small- scale farmers through a Pay-As-You-Go model.
“We have been greatly impressed by the companies that applied to the Energy Access Booster and look forward to working with them to increase access to energy. We wish them all the success they deserve” said the jury.
The winning entrepreneurs will be supported in their development during the next 12 months in the purpose of reaching the investment stage. They will receive strategic advisory consulting support and/or a financial contribution of up to $50,000 per entrepreneur, operational/local support, and visibility of the project.
The organisers are pleased with the first results of this initiative, and look forward to working together in the future to support energy access entrepreneurs.
EAP members collaborate on India energy access project
Several EAP organizations are cooperating on a new project to increase LPG adoption across India. A collaboration between OFID, Saudi Aramco, Shell Foundation and Envirofit will establish a base infrastructure and validate the critical market learnings necessary to design a scalable business model for Envirofit’s SmartGas System in India. Approximately 1,000 households, representing nearly 5,000 people, in rural areas of the western Indian state of Maharashtra are expected to benefit.
Saudi Aramco joins EAP
The EAP welcomed its newest member: Saudi Aramco. It is the state-owned oil company of the Kingdom of Saudi Arabia and a fully integrated, global petroleum and chemicals enterprise. Saudi Aramco’s scale of production, operational reliability, and technical advances, makes it the world’s largest producer of crude oil and condensate.
EAP Executive Committee Meeting
Members of the EAP's Executive Committee met at OFID's Headquarters in Vienna, Austria on May 30, 2018.
EAP Members Attend SEforALL Forum
Members of the Energy Access Platform including Total, Shell, the World Petroleum Council, OFID, the Global LPG Partnership, and the Shell Foundation attended the 4th Sustainable Energy for All Forum in May 2018 in Lisbon, Portugal. The 2018 Forum, “Leaving No One Behind”, took place at a pivotal juncture for accelerating progress on global sustainable energy goals — under Sustainable Development Goal (SDG) 7 — and the Paris Climate Agreement. At stake are significant populations that are missing out on education, health, jobs and broader economic opportunities because they do not have access to clean, affordable energy. Closing these energy gaps — especially for ‘last mile’ populations — is the Forum‘s imperative.
Total, OFID and the Global LPG Partnership also took part in the forum’s ‘Market Place’, a platform for SEforALL partners to showcase their work and forge new connections. In his remarks opening the Market Place, Suleiman J Al-Herbish, Director-General of OFID, noted that while scalable solutions and growing commitments from governments and financiers toward delivering universal energy access were emerging, there was still much more to be done. “At OFID, we recognize the need to inspire new partnerships, ideas and investment in the quest for modern and affordable energy for all. Advocacy, operations on the ground and partnerships are the main pillars for scaling up energy access if SDG 7 is to be met,” he stressed.
EAP Executive Committee Meeting
Members of the EAP's Executive Committee met at OFID's Headquarters in Vienna, Austria on December 5, 2017.