Project News: Installation is underway at Penta Flowers

Project News: Installation is underway at Penta Flowers

We are happy to share the news that the installation is underway on the Penta Flowers farm! The installation of both systems began in July and they are due to be completed in August, as planned. In April, we financed two solar systems for Penta Flowers farm in Thika, Kenya, with a total financing volume of 260.000€. As the first projects on our crowdinvesting platform, we are very pleased with the progress and look forward to working with Ariya Leasing, our partner in Kenya, on many more projects. More information can be found here. Pictures from the 132 kWp rooftop system are…

Continue reading

We must focus on new markets, not politics

We must focus on new markets, not politics

The German solar sector doesn’t have an easy job, at least if you listen to some well-known representatives of it. Dumping prices from China, lacking political protection and the cutbacks on feed in tariffs are the reasons for the downfall of some in the past very successful companies. But are these the real reasons for the downfall? At the beginning of May 2017, the German Solarworld filed for bankruptcy. The board of directors concluded, that there wasn’t a positive prognosis for the company anymore. There argumentation was mainly based on: Price drops in the international markets. Looking at the global…

Continue reading

How to turn political initiatives into action: G20 Compact with Africa

How to turn political initiatives into action: G20 Compact with Africa

In light of the G20 Summit in Hamburg this week, ecoligo gives concrete recommendations to political leaders on how to bring the G20 Africa Partnership initiative into action. Three weeks ago, ecoligo co-founder Markus Schwaninger was invited to participate at the “G20 Africa Partnership Conference: Investing in a common future” which took place from 12-13 June in Berlin. Here is his take on the conference and recommendations for turning the political initiatives into tangible action. — Let me start by quickly giving you the background on this initiative. Germany, who runs the current G20 presidency, has launched the G20 Africa…

Continue reading

What is crowdinvesting?

What is crowdinvesting?

As alternative finance continues to gain popularity in Europe, crowdinvesting is coming into the mainstream. But what exactly is it? Find out more and learn about ecoligo’s use of crowdinvesting in its business model. An extended version of this article was originally posted on Climate KIC, as an interview with Kilian Rüfer. What is crowdinvesting? Crowdinvesting is when many investors finance a project, each making a small financial contribution in proportion to the total capital required. Over time, the investor receives the amount paid plus attractive interest in return, as a cash payment. This is the most important difference to…

Continue reading

Intersolar 2017: a signal for change in solar financing

Intersolar 2017: a signal for change in solar financing

Intersolar Europe 2017 had a lot to offer its attendees. With 8 halls full of exhibitors, a wander round the exhibition uncovered the newest innovations and the biggest brands, industry talks and even live Bavarian music. Furthermore, the extensive conference program showcased the ideas and trends shaping the solar industry today. ecoligo’s founders Martin Baart and Markus Schwaninger, both speakers at the event, share their insights. The time of subsidies is over Many in the solar industry realise they must enter markets where sustainable subsidy-free business models are possible. In the past, the industry has been running from one market…

Continue reading

How alternative finance will accelerate the Energy Transition

How alternative finance will accelerate the Energy Transition

Solar power is taking off – and has been for a while. Prices are dropping, batteries are improving and people are embracing photovoltaic systems as an attractive energy solution. In Germany, where roof-mounted photovoltaic (PV) systems have been popularized by a feed-in tariff, solar has contributed greatly to the Energy Transition. However, in developing countries – where the potential of solar is huge – access to finance presents a barrier to the global shift to renewables. Financing landscapes: a different story A central catalyst of Germany’s energy transition (the ‘Energiewende’) was the Renewable Energy Sources Act (EEG), introduced in the year 2000 and…

Continue reading

Clean Energy Summit Africa – an insider’s view

Clean Energy Summit Africa – an insider’s view

Energy challenges, future technologies and developing markets: a few of the topics energy experts gathered at the Clean Energy Summit: Africa last month to discuss. Held in Accra, Ghana on the 4th and 5th of April, the event brought international companies, local developers and governing bodies together to debate the shape and direction of Africa’s renewable energy landscape today. We spoke with ecoligo CEO, Martin Baart, to find out more. Who attended the conference? What were the big ideas? Bringing together energy insiders from around the globe, a key virtue of the Clean Energy Summit was the insight it gave…

Continue reading

Solar isn’t just good for industry and commerce – it’s necessary

Solar isn’t just good for industry and commerce – it’s necessary

For many, the idea of solar systems in developing countries conjures up images of solar panels on clay houses. While the work of solar utilities who power to off-grid homes and villages is important, the economic potential of solar for businesses is often overlooked. Solar systems on industrial facilities and offices have the power to improve the electricity supply, increase the standard of living and strengthen the economy. Reliable power supply is a rarity in many developing countries A stable and affordable power supply is not only critical to the local population, but also for industry. However, this is not the reality in many…

Continue reading

Kenya: the powerhouse of East Africa

Kenya: the powerhouse of East Africa

Thinking of Kenya, a lot of people have a very clear image: dusty, unpaved roads through a vast savannah, passing clay huts and a population living in poverty. A growing economy and infrastructure Unfortunately this image is drawn by prejudices. By now, Kenya is a fast growing economic power in East Africa, which is why the economy grew in 2015 by approx. 6%. This growth let Kenya rise to third place in an overall African and Asian context, just behind China and the Philippines. Furthermore, the average gross domestic income of 1,160 USD is above the World Bank’s threshold for middle income countries….

Continue reading