Sheffield battery firm seals $7m funding to roll out clean energy tech in Africa
Summary
The financing from BIIs Climate Innovation Facility will help the company to treble its service capacity in the republic within the next 12 months, while also reaching over a million people. At Mopo, our mission is to create a high-impact, sustainable solution that empowers households and small businesses by providing access to electricity without the burden of costly upfront equipment purchases. This financing from BII marks the beginning of what we envision as a long-term partnership, enabling us to accelerate our ambitious growth strategy in the DRC and make a transformative impact on the lives of millions by delivering reliable and affordable energy solutions.Chris Chijiutomi, managing director and head of Africa at BII, said: Imagine a battery, that can power everything from phones to fridges, lights and larger appliances, enabling businesses even in the most remote locations, to thrive when the supply of electricity is non-existent or unreliable. This is why backing energy access is a key priority for BII to drive sustainable economic growth, particularly in Africas frontier markets including DRC. "This is part of the UKs approach to working with African partners to tackle climate change and boost economic prosperity through smart, sustainable technologies.