About

?Empower New Energy is an investment platform dedicated to financing and co-developing renewable energy projects across Africa, focusing on providing clean, reliable, and cost-effective electricity to commercial, industrial, and agricultural sectors. ? Empower New Energy specializes in financing small to medium-sized renewable energy projects, typically ranging from 1 to 10 megawatts (MW). These projects include grid-connected, commercial and industrial (C&I), and mini-grid segments. ? The platform collaborates closely with local partners, including engineering, procurement, and construction (EPC) companies, to develop tailored solar photovoltaic (PV) solutions. These partnerships ensure that projects are optimized for the specific energy needs of businesses, reducing costs and environmental impact. ? Objectives of Empower New Energy: Invest over USD 300 million in decentralized solar energy projects across Africa.? Avoid approximately 500,000 tonnes of CO2 emissions.? Create around 20,000 jobs, contributing significantly to local economies and sustainable development. ? Businesses in Africa seeking to reduce energy costs and carbon footprints can partner with Empower New Energy to implement customized solar power solutions. The platform offers long-term Power Purchase Agreements (PPAs) or Power Support Agreements, allowing companies to benefit from solar energy without upfront investments.

Eligibility

• small to medium-sized renewable energy projects