ecoligo GmbH and SMA Sunbelt Energy GmbH have formed a new partnership in Ghana to develop solar projects using SMA inverters and other high-quality equipment procured by SMA Sunbelt. The cooperation, which brings the German manufacturer’s trusted technology together with ecoligo’s solar-as-a-service solution, will ensure the durability and reliability of ecoligo’s solar projects. The move is also a signal of quality to the crowdinvestors who finance ecoligo’s projects on the platform ecoligo.investments.
The first project to be included in the partnership is a set of solar power systems for Stanbic Bank’s Dansoman, Kasoa and Tema branches in Accra and Tema, with a combined capacity of 40 kWp. The project, which is part of the dena Renewable Energy Solutions Programme, was installed in June. ecoligo’s fully financed leasing solution, through which the company provides businesses with hassle-free, clean electricity, will help the bank to move towards more sustainable operations. As the systems are financed by crowdinvestors, ecoligo closes the finance gap that currently hinders the realisation of such projects.
SMA Solar Technology AG is well-known for its high-quality PV system technology and produces a range of hardware solutions for the efficient use of photovoltaic energy by commercial and industrial clients in emerging markets. These technologies have an excellent track record in off- and on-grid installations worldwide. The affiliated company SMA Sunbelt, which is active in sunbelt regions around the globe, focuses on off-grid, hybrid and storage-based solar projects.
“Working with an esteemed partner who has experience in delivering components for solar projects in Ghana is a great step for ecoligo. We can trust that the components are reliable and long-lasting, which is not only important for our clients but also gives extra assurance to the crowdinvestors, as a high-quality installation is even more likely to produce the desired financial returns.” – Martin Baart, CEO of ecoligo
“The finance gap is a bottleneck that we frequently see preventing solar projects from being implemented. ecoligo’s solution is a smart way to address this and we are happy to collaborate with a partner in Ghana that is dedicated to solving such problems. We look forward to implementing the first projects together this year.” – Guluma Megersa, Business Development Manager of SMA Sunbelt
ecoligo provides a fully financed solar-as-a-service solution for businesses in emerging markets. With a complete digital platform for financing and delivering solar projects, ecoligo removes the barriers that prevent such projects from being realised. Supplying these businesses with affordable electricity enables them to grow and boost the local economy. Find out more at ecoligo.com.
SMA Sunbelt Energy GmbH
SMA Sunbelt Energy GmbH is a 100% affiliated company of SMA Solar Technology AG. It was founded in 2014 and focuses on off-grid, hybrid and battery based solar projects. SMA Sunbelt Energy GmbH concentrates its business on the world’s Sunbelt regions (Africa, Central America/Caribbean and South-East Asia). Customers profit from more than 30 years of SMA know-how in PV hybrid solutions. Find out more at sma.de/sma-sunbelt-energy-gmbh.
This project is part of the worldwide dena Renewable Energy Solutions Programme coordinated by the Deutsche Energie-Agentur (dena) – the German Energy Agency – and supported by the German Federal Ministry for Economic Affairs and Energy (BMWi) within the German Energy Solutions Initiative.