By Abdul Rahman Suagibu –
NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- Ignite Power, the leading solar energy provider and financier in Africa, is gearing up operations in Sierra Leone. The company aims to supply solar home systems to more than 2 million people living in the rural areas of the country.
When completed, the project will provide household with clean and permanent solution for the first time in their lives. According to UN data, over 5 million people in the country currently live without electricity in their homes. A safe and sustainable electricity will dramatically change the lives of millions of people improving their health, education and economic opportunities.
This project will enhance high value employment for more than 3,000 local installers, agents and management members, many of whom will be women (according to the company’s gender equality policy), says Ignite Power.
Precisely, it will have to secure over 350,000 tons of carbon emission in the country, leading to a more clean and sustainable market.
He furthered that; “the total cost of the project is estimated at up to $55 million for phase one, and $100 million for phase two. Ignite Power will be responsible for the financing of the operation, through Private Public Partnership (PPP) with the government of Sierra Leone.
“Ignite Power uses a leasing model meaning customers pay a small amount of money each month for 2-3 years. After completing the payment, the customer owns the system. The company provides its customers with the most affordable price plan in Africa-less than 15US cents per day, 1 cent per lumen hour.”
Built for scale, Ignite Power is the only rural energy company designed to achieve 100% energy access. With the most affordable solar solutions in Africa and record deployment tones, Ignite Power is the go to energy company for government and leader wishing to connect the entire communities to safe, clean power.
To date, the company has already connected over 1.1 million people to electricity in 5 different countries throughout Africa, creating more than 3,500 local jobs.
For New Africa Business News Abdul Rahman Suagibu Reports, Africa Correspondent