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    PowerGen Renewable Energy

    PowerGen is the leading developer of distributed renewable energy in Africa. PowerGen's vision is to provide 1 million customers with clean, reliable and affordable power by 2030.

    PowerGen has over a decade of experience developing, building, and operating renewable energy projects and interconnected grids in sub-Saharan Africa. The company is currently serving 20,000 connections across 5 countries with 24/7 AC power, with the vision to provide 1 million customers with clean, reliable and affordable power by 2030. PowerGen has installed approximately 3 MW of distributed renewable energy (“DRE”) resources for community, commercial and industrial customers in 12 countries across the continent. The company's projects reduce significant CO2 emissions from existing diesel generators, kerosene and candles by providing clean and reliable power.

    Headquarters
    Karen Plains Road, Nairobi, Nairobi County, Kenya
    Countries of operation
    Kenya, Nigeria, Sierra Leone, Tanzania, Benin
    Year Founded
    2011

    ASAP Classifications

    Climate Related Hazards
    CO2 emissions from fossil fuels
    Human and Managed Systems
    Impacts to human health, and loss of livelihoods, Clean power supply and electricity used for economic development.

    Additional Info

    Generating revenue?
    We are generating revenue
    Annual Revenue
    USD $4m
    Total capital
    $20m of corporate financing (including several strategics) + $30m of project financing
    Customers
    Our customers are the underserved across sub-Saharan Africa, across first-time energy access and customers suffering from poor grid reliability.
    Investors
    Our investors include Rockefeller Foundation, Shell, Sumitomo, Acumen, ElectriFi (European Union fund), and others.
    Company stage
    Growth

    Primary Contact Information

    Name
    Aaron Cheng
    This company information was submitted by PowerGen Renewable Energy

    Last updated: November 30, 2021

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