Investment Directory
Explore a billion dollar investment opportunity represented by Practitioner Network member organizations operating at the forefront of the global off-grid energy sector, addressing energy access issues

Updated In October 19 2016
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Eco-Power Resources Ltd

www.ecopower.com.ng

Based in: Nigeria

Type of Organization

Small business

Operating In

West Africa

Countries of Operation

Nigeria

Types of Work

  • Directly to end Users
  • Integrate Install or Maintain Energy Systems

Energy Products or Services Offered

  • Solar PV lanterns
  • Solar PV Institution Level
  • Mini-Micro Grids

Company Profile

  • Years in Business

    5

  • Full Time Employees

    6

  • Woman Leadership

    No

  • Active Financing Round

    No

Funding needs over the next 12-24 months

Further details about funding needs

Ecopower was incorporated in 2011 and started operations same year. In 2012, secured a grant of $20,000 for pre- operational expenses & feasibility to do a pilot Community based Solar power Hybrid plant in Delta State, under the initiative of the Bank of Industry/UNDP/States Access To Renewable Energy Facility Challenge for Enterprises. The feasibility has since been completed, but the project is yet to take off because of funding. About $1m is needed for the project. Six more plants of this size are planned for the State. The company has also initiated \"School Solar Initiative\" to power 30 ICT centres in 30 schools in Imo State Nigeria, and well as Hybrid PV for 27 General Hospitals in the State The company plans to raise equity up to 50m, in other to meet our expansion activities.

Involved in Mini-Grids: Yes

Role in relation to mini-/micro-grids

  • Ownership
  • Procurement or Import of Materials
  • Construction Installation or Commissioning
  • Operation and Maintenance

Structure of ownership used in commercial mini-/micro-grid operation

  • Development Company

Mini-grids: Projected Funding Needs

Generation technologies implemented in mini-grids

  • Solar PV lanterns
  • Diesel

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