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Kowry Energy Get Rolls-Royce To Invest

credit : Kowry Energy
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TechInAfrica – The sustainable energy Kowry Energy have Rolls-Royce Power Systems on board to support the company expansion across Sub-Saharan Africa.

The Berlin-based company objective is Empower local, independent energy companies to accelerate their operations in serving businesses and communities with reliable, sustainable, and affordable energy access, as stated on its website.

“The African market for decentralized energy supply offers great potential. The geographical conditions provide best opportunity to build a climate-friendly, local power supply for industrial and community customers that operates with minimum of fossil fuels. As a young company, Kowry Energy can adapt to the realities of the fast-growing African energy market,” Power Systems CFO Louise Öfverström on the investment.

The founder of Kowry Energy, Ndiarka Mbodji shares that solving the climate challenge calls for innovative business models that allow sustainable energy access with scale and speed.

“With a scale-based business model and Rolls-Royce Power Systems as our investor, we are confident that Kowry Energy will achieve this.”

Kowry is working with local power providers and operators to deploy over 1 MW photovoltaic batteries to minimize fossil fuels usage.

Mbodji added that the company will launch to two more countries, “We are excited to be launching this year in Mali and Nigeria and to see our business model validated by a current projects pipeline of 17$millions and growing rapidly, and I look forward to welcoming more investors committed to sustainable energy access in Sub-Sahara Africa.”

Source: APO Group                                                                                

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