2020 solar investments in Tanzania, Nigeria, Malawi & Kenya through Swedish crowd-funding platform Trine

During the year’s first four months, I’ve expanded my investments in solar energy in Tanzania, Nigeria, Malawi & Kenya through Swedish crowd-funding platform Trine.

You can read more about Trine in this previous blog post:
Cleantech investments: Abundance Investment & solar farm in Rwanda

Greenlight-Planet-9-Kenya-Trine-Solar.

Greenligt Lanet 10, Tanzania

“Greenlight Planet is one of the leading providers of off-grid solar products in the world. Since 2009 Greenlight Planet has distributed its Sun King™ solar products to 10 million households, used by over 40 million people.

This loan will reach an estimated 41 000 people with access to clean electricity while avoiding about 9 500 CO2 tons emissions.” (source: Trine)

Yellow 3, Malawi

“This third loan to Yellow finances close to 5 000 solar home systems, targeting the rural population of Malawi. These system are expected to reach over 20 000 people with clean energy and estimated to reduce 4 700 tons of CO2 during its lifetime.

The national grid consists mostly of irregular supply of hydropower as the country is facing frequent droughts and low water levels.”

Daystar Power 12, Nigeria

“Companies like Daystar Power are accelerating the adoption of solar energy through the commercial & industrial (C&I) segment in West Africa. When businesses get access to reliable, affordable and clean electricity that enables economic growth and increased employment.”

 Daystar-Power-11-Nigeria-Trine

Greenlight Planet 9, Kenya

“Greenlight Planet is one of the leading providers of off-grid solar products in the world. Since 2009 Greenlight Planet has distributed its Sun King™ solar products to 10 million households, used by over 40 million people.

This loan will finances systems that provide an estimated 26 100 people with access to electricity while avoiding 6 000 CO2 tons emissions. The impact numbers are based on a conservative calculation, which you can read more about here . This particular loan will be focused on the Kenyan market.”

Azuri 4, Kenya

“Azuri is one of the pioneering solar home system (SHS) companies in Africa and was founded in 2012. They are currently leveraging focused in-house R&D with contracted manufacturers and outsourced distribution partners in an effort to optimize efficiency in each stage of the supply chain.”

Daystar Power 11, Nigeria

“Through Daystar Power, Trine are financing the installation of solar systems in West Africa for commercial and industrial customers. The installation of solar systems drastically reduces dependence on expensive diesel generators and other polluting sources of power by providing an affordable and reliable energy source. In most cases, the solar system still needs to be complemented with a new, much smaller, generator in order to provide energy on those days when solar just isn’t enough.”

Country & partner distrobution per 1 March 2020

Solar partner distribution
solar-partner-distrubution-jointrie-solar

Country distribution

country-distribution-join-trine-solar-crowdfunding

Overview of projects by 1 March 2020

overview-22-investments-join-trine-solar-kasper-bergholt

Want to hook up – check my Linkedin profile here: Kasper Bergholt @ Linkedin