FMO

Acciona is a leading Spanish corporation specializing in sustainable solutions for infrastructure and renewable energy projects. Established over a century ago, it employs more than 30,000 people and operates in over 30 countries across five continents. The company is structured into two main divisions: energy and infrastructure. The energy division emphasizes renewable technologies, focusing on wind, solar, hydro, and biomass, while the infrastructure division includes construction, water treatment, and various service lines. Acciona undertakes projects through government concessions or independent opportunities, ensuring a commitment to sustainability through its Sustainability Master Plan, which aims to facilitate the transition to a low-carbon economy by optimizing resource use and minimizing environmental impact.

Mawingu Networks Limited is a telecommunications company based in Nanyuki, Kenya, that focuses on providing wireless Internet services to rural and underserved communities in Africa. Founded in 2013, the company leverages high-performance, low-cost wireless technology combined with solar power to establish fast and reliable internet networks. Mawingu Networks offers Wi-Fi access through public hotspots and broadband connectivity for homes and businesses, employing open technologies to create a scalable network that ensures secure and seamless connectivity even in challenging geographical conditions. By addressing the connectivity gap in remote areas, Mawingu Networks plays a crucial role in enhancing digital access and promoting economic development in the region.

Hydrobox specializes in the development and manufacturing of hydropower plants that harness the energy of flowing water to generate electricity. The company focuses on renewable energy solutions, including mini-grids and solar power, aimed at improving electrification and reliability in off-grid areas, particularly in Kenya. By leveraging advanced AI technology and smart grid services, Hydrobox enhances the efficiency and sustainability of its energy systems, contributing to broader efforts in promoting clean energy and environmental sustainability.

Nithio Holdings is an energy finance company established in 2018 and headquartered in Washington, D.C. It specializes in providing data-driven financing solutions to small and medium-sized enterprises (SMEs) in the off-grid energy sector across sub-Saharan Africa. Nithio leverages a proprietary artificial intelligence risk analytics engine to support distributed energy service companies, capital providers, governments, and other stakeholders involved in the solar energy market. The company focuses on enhancing access to solar home systems, productive use appliances, agribusiness, and microfinance, thereby facilitating sustainable energy solutions in underserved regions.

Ecofy is a non-banking financial company (NBFC) based in India that focuses on providing financial solutions specifically for eco-friendly initiatives. The company offers a range of services, including loans, leases, and insurance, aimed at promoting sustainability. Ecofy's platform is designed to support users in making environmentally friendly choices by financing green asset classes such as electric vehicles, rooftop solar installations, and energy efficiency projects. By facilitating these investments, Ecofy helps businesses and individuals reduce their carbon footprint and contribute to a more sustainable future.

Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

Red Rocket South Africa (Pty) Ltd, incorporated in 2011 and based in Cape Town, specializes in the development, design, construction, operation, and ownership of utility-scale, grid-connected renewable energy projects. Its portfolio includes various energy sources such as wind, solar, hydro, and biomass, and the company operates across multiple countries in Africa. As an integrated power plant, Red Rocket focuses on delivering clean energy solutions to meet the growing demand for sustainable energy in the region.

Okra Solar is an innovative technology company based in Sydney, Australia, focused on providing rural communities with access to affordable solar energy solutions. Founded in 2016, the company leverages IoT technology and machine learning to create a plug-and-play smart grid system that facilitates the sharing and efficient distribution of energy among solar-generating households. Their approach includes mobile payments, modular grid design, and remote monitoring, enabling utility companies to operate solar networks in hard-to-reach areas at a lower cost. By providing real-time data through cloud software, Okra Solar equips grid owners with the information necessary for effective scaling and management of solar networks. The company's mission is to connect off-grid communities to modern energy resources, fostering the growth of energy-abundant microgrid economies and ensuring reliable and affordable energy access for these underserved populations.

Africa Ren is a renewable energy company focused on solar power solutions, including the development of solar power plants, storage, and lighting services. The company aims to enhance access to electricity and promote energy self-sufficiency across African nations. By connecting its assets to both the grid and off-grid systems, Africa Ren supplies clean electricity to commercial and industrial clients. This approach not only helps reduce environmental impact but also supports biodiversity efforts in the region.

Sun King is a solar energy company that specializes in providing off-grid power solutions across Africa and Asia. It designs, manufactures, and distributes solar home systems, inverter systems, and portable lanterns, targeting communities with limited access to reliable electricity. Sun King offers pay-as-you-go financing options, enabling customers to acquire these products through small, affordable installments over time. The company collaborates with international distribution partners to expand its reach within the off-grid market.

GreenYellow is a company focused on generating electricity through centralized power plants and developing decentralized photovoltaic projects. It offers solar panels and energy supply services tailored for various sectors, including food retail, non-food retail, government agencies, and public utilities. By enabling clients to produce and manage their own energy, GreenYellow enhances value through solar photovoltaics, energy efficiency, and optimization. The company also operates energy efficiency contracts and provides monitoring services, helping clients reduce their energy costs and access cleaner energy alternatives compared to traditional sources.

Mawingu Networks Limited is a telecommunications company based in Nanyuki, Kenya, that focuses on providing wireless Internet services to rural and underserved communities in Africa. Founded in 2013, the company leverages high-performance, low-cost wireless technology combined with solar power to establish fast and reliable internet networks. Mawingu Networks offers Wi-Fi access through public hotspots and broadband connectivity for homes and businesses, employing open technologies to create a scalable network that ensures secure and seamless connectivity even in challenging geographical conditions. By addressing the connectivity gap in remote areas, Mawingu Networks plays a crucial role in enhancing digital access and promoting economic development in the region.

AMEA Power is involved in the development, ownership, and operation of renewable energy projects, focusing on clean energy solutions across emerging markets, particularly in Africa. The company aims to enhance economic development and improve living standards by providing a diverse portfolio that includes thermal, wind, solar, battery storage, ammonia, and water desalination plants. By offering a variety of power solutions, AMEA Power seeks to meet the specific energy needs of the regions it serves, contributing to the global transition to clean energy while promoting environmental sustainability.

SolarX is a renewable energy company based in Bamako, Mali, specializing in the design, supply, and installation of grid-connected solar photovoltaic systems for commercial and industrial clients in West Africa. Founded in 2020, the company offers a range of turnkey renewable solutions, including engineering, procurement, installation, commissioning, and financial leasing. Its product offerings encompass grid-connected photovoltaic systems that allow direct electricity use, PV-diesel hybrid systems that combine solar and diesel generators, solar pumping systems for water supply during daylight hours, and stand-alone PV systems equipped with batteries for independent energy use. By providing clean and efficient solar solutions, SolarX aims to facilitate the adoption of renewable energy and promote sustainable practices in the region.

SolarX is a renewable energy company based in Bamako, Mali, specializing in the design, supply, and installation of grid-connected solar photovoltaic systems for commercial and industrial clients in West Africa. Founded in 2020, the company offers a range of turnkey renewable solutions, including engineering, procurement, installation, commissioning, and financial leasing. Its product offerings encompass grid-connected photovoltaic systems that allow direct electricity use, PV-diesel hybrid systems that combine solar and diesel generators, solar pumping systems for water supply during daylight hours, and stand-alone PV systems equipped with batteries for independent energy use. By providing clean and efficient solar solutions, SolarX aims to facilitate the adoption of renewable energy and promote sustainable practices in the region.

D.light is a developer of solar home lighting and power products aimed at making clean energy accessible and affordable for rural and semi-urban populations. The company's offerings include a range of solar-powered devices such as lights, radios, televisions, fans, and other home appliances, all of which are part of rechargeable solar kits. These products are designed to improve health, increase productivity, and enhance the overall quality of life for users by providing reliable and sustainable energy solutions.

D.light is a developer of solar home lighting and power products aimed at making clean energy accessible and affordable for rural and semi-urban populations. The company's offerings include a range of solar-powered devices such as lights, radios, televisions, fans, and other home appliances, all of which are part of rechargeable solar kits. These products are designed to improve health, increase productivity, and enhance the overall quality of life for users by providing reliable and sustainable energy solutions.

ZOLA Electric is a provider of off-grid solar solutions tailored for African markets, specifically operating in Tanzania, Rwanda, Ghana, and Côte d'Ivoire. Established in 2012 and headquartered in Arusha, Tanzania, with an additional office in San Francisco, the company offers solar home kits to individual households through a leasing or sales model. Utilizing the latest solar, battery, and power electronics technology, ZOLA Electric's systems are designed to meet varying energy needs and income levels, allowing customers to make payments via PAYGo micro-financing and mobile money. The company's innovative approach has enabled it to power over 180,000 homes and businesses in rural and urban areas. ZOLA Electric, previously known as Off-Grid Electric Tanzania Limited until its name change in 2018, has received multiple awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and has garnered investment from prominent firms such as Tesla and Total.

Husk Power Systems Pvt. Ltd. is a renewable energy company based in Patna, India, that focuses on generating and distributing electricity to households, community services, small businesses, and factories. Founded in 2007, the company utilizes biomass waste—such as rice husks and other agricultural residues—to produce electricity through its proprietary technology. Husk Power Systems designs and operates mini-power plants and micro-grids, offering electricity as a pay-for-use service primarily to rural areas. This approach not only provides reliable lighting, reducing reliance on kerosene, but also fosters economic development by enabling microenterprises and the use of electricity-operated machinery. By creating a sustainable energy ecosystem at each power plant, Husk Power Systems aims to deliver shared value to its stakeholders and stimulate local economies.

Easy Solar is a prominent energy distribution company focused on providing solar solutions to off-grid communities in West Africa, particularly in Sierra Leone and Liberia. The company offers high-quality solar products, such as solar lanterns and solar home systems, aimed at individuals with limited or no access to traditional electricity. Customers can finance their purchases through affordable payment plans, which include an initial deposit followed by weekly or monthly installments, with payment options available via cash or mobile money. Since its inception, Easy Solar has positively impacted over 400,000 beneficiaries, leveraging a vast network of agents and outlets to ensure accessibility and convenience for its clients.

Sun King is a solar energy company that specializes in providing off-grid power solutions across Africa and Asia. It designs, manufactures, and distributes solar home systems, inverter systems, and portable lanterns, targeting communities with limited access to reliable electricity. Sun King offers pay-as-you-go financing options, enabling customers to acquire these products through small, affordable installments over time. The company collaborates with international distribution partners to expand its reach within the off-grid market.

Lotsofwater is a developer based in Leiden, the Netherlands, specializing in offshore floating solar systems designed to generate clean and affordable energy. The company focuses on creating floating platforms that utilize renewable energy technology, capable of enduring challenging sea conditions for extended periods. These platforms are secured by a mooring system that maintains their position, ensuring stable connections to the energy grid. By providing innovative solutions for the government and energy sector, Lotsofwater enables exploration of new methods for energy generation, contributing to the transition toward sustainable energy sources.

Lakeside Energy is a renewable energy company sponsored by Pakistan's Naveena Exports.

SolarCreed is a company focused on developing solar energy systems aimed at empowering farmers in Africa. By providing innovative products such as solar lights, solar pumps, and solar generators, SolarCreed enables farmers to harness solar energy for various agricultural needs, including growing, preserving, packaging, and distributing food. These systems help reduce costs and enhance the productivity of small agribusinesses, ultimately contributing to the transformation of farming communities across the continent.

Avaada is a renewable energy company focused on the development and operation of solar and wind power projects. The company aims to integrate business objectives with environmental sustainability and social responsibility, fostering mutual benefits for both the community and its shareholders. Avaada engages in various initiatives that contribute to the socio-economic development of the communities in which it operates, enhancing their quality of life. Additionally, Avaada is involved in solar and electrolyzer manufacturing, as well as the development of green hydrogen and ammonia, striving to create a positive impact through sustainable aviation fuel and green methanol. By working towards reducing carbon emissions, Avaada is committed to empowering communities and promoting a sustainable future.

D.light is a developer of solar home lighting and power products aimed at making clean energy accessible and affordable for rural and semi-urban populations. The company's offerings include a range of solar-powered devices such as lights, radios, televisions, fans, and other home appliances, all of which are part of rechargeable solar kits. These products are designed to improve health, increase productivity, and enhance the overall quality of life for users by providing reliable and sustainable energy solutions.

ZOLA Electric is a provider of off-grid solar solutions tailored for African markets, specifically operating in Tanzania, Rwanda, Ghana, and Côte d'Ivoire. Established in 2012 and headquartered in Arusha, Tanzania, with an additional office in San Francisco, the company offers solar home kits to individual households through a leasing or sales model. Utilizing the latest solar, battery, and power electronics technology, ZOLA Electric's systems are designed to meet varying energy needs and income levels, allowing customers to make payments via PAYGo micro-financing and mobile money. The company's innovative approach has enabled it to power over 180,000 homes and businesses in rural and urban areas. ZOLA Electric, previously known as Off-Grid Electric Tanzania Limited until its name change in 2018, has received multiple awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and has garnered investment from prominent firms such as Tesla and Total.

Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.

Azure Power is a leading provider of solar energy in India, specializing in the development, construction, ownership, operation, and maintenance of solar power plants. The company focuses on generating solar energy while managing all associated responsibilities and complexities, allowing customers to benefit from renewable power without incurring high upfront costs. Azure Power generates revenue from a diverse clientele that includes both central and state government utilities, as well as commercial entities. Its operational capacity is primarily concentrated in regions with high solar irradiation, such as Rajasthan, Gujarat, Maharashtra, and Andhra Pradesh.

JCM Power Corporation, established in 2009 and headquartered in Toronto, Canada, is an independent power producer (IPP) specializing in the development, construction, and operation of renewable energy projects and high-voltage direct current (HVDC) transmission lines. The company focuses on solar photovoltaic and wind energy projects, primarily in Africa, Latin America, and South Asia. With regional offices in Mexico, South Africa, and Pakistan, JCM Power leverages its extensive development expertise to deliver clean energy solutions in growth markets with high demand and limited renewable energy experience.

Orb Energy specializes in providing affordable renewable energy solutions for off-grid households in India, primarily through solar home systems. The company offers these systems at a cost of USD 4 per month, catering to low-income customers by leveraging a robust retail distribution network. Currently operating 90 branches, Orb Energy plans to expand significantly, aiming to double its branches and workforce within the next two years, thereby reaching an estimated 250,000 individuals. In addition to solar home systems, Orb Energy is involved in the design, manufacture, installation, and servicing of solar photovoltaic systems for power generation, as well as solar thermal systems for hot water and related lighting components and appliances.

Azure Power is a leading provider of solar energy in India, specializing in the development, construction, ownership, operation, and maintenance of solar power plants. The company focuses on generating solar energy while managing all associated responsibilities and complexities, allowing customers to benefit from renewable power without incurring high upfront costs. Azure Power generates revenue from a diverse clientele that includes both central and state government utilities, as well as commercial entities. Its operational capacity is primarily concentrated in regions with high solar irradiation, such as Rajasthan, Gujarat, Maharashtra, and Andhra Pradesh.

Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.

ContourGlobal is an international power generation company headquartered in London, England, founded in 2005. The company develops, acquires, operates, and manages wholesale electric power generation assets, with a diverse portfolio that includes both thermal and renewable energy sources. ContourGlobal's renewable energy segment generates electricity from hydro, solar, wind, and biogas, totaling 1,808 MW, while its thermal energy segment, utilizing gas, coal, and oil, produces 2,509 MW. Overall, the company operates approximately 4,841 MW across 107 power plants in 18 countries and three continents, employing around 2,000 individuals. By focusing on long-term contracts and a variety of fuel types, ContourGlobal aims to create economic and social value in the communities it serves.

Mobisol GmbH is a Berlin-based company that specializes in the development and installation of solar home systems, aimed at providing clean and affordable electricity to low-income customers without access to conventional power sources. Founded in 2010, Mobisol offers modular solar energy solutions that power LED lights, radios, mobile phones, and various household appliances, along with productive use devices. The company combines solar technology with an innovative repayment scheme facilitated through mobile banking, making it accessible for its target market. With additional offices in Tanzania, Rwanda, and Kenya, Mobisol focuses on delivering a sustainable alternative to fossil fuels, enhancing energy access and promoting environmental sustainability in developing nations. As of October 31, 2019, Mobisol operates as a subsidiary of ENGIE SA.

Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.