Nigerian clean energy startup Salpha Energy has secured a $1.3 million investment from All On, a Shell-backed impact investment firm, to scale its operations and expand its product offerings.
The funding will enable the company to advance its mission of delivering dependable and affordable solar power to underserved communities across Africa.
What the Funding Means for Salpha Energy
The $1.3 million investment will be used to:
- Scale operations and expand product offerings to reach more customers
- Strengthen local assembly infrastructure to increase production capacity
- Advance the company’s mission of delivering dependable and affordable solar power
- Enhance research and development to improve product efficiency and effectiveness
- Expand the company’s team to drive growth and innovation
Salpha Energy is Leading Energy Access in Africa
Salpha Energy’s solar power solutions, ranging from 150Wp to 100kWp systems with battery storage and smart inverters have already reached over 2 million people, making clean energy more accessible and affordable.
“This capital raise is a huge step forward in our vision to power homes and businesses with products designed, assembled, and optimized right here on the continent,” Salpha Energy founder and CEO Sandra Chukwudozie said in a statement to POCIT.
Salpha Energy aims to address the energy access gap in Africa, where around 600 million people lack reliable access to electricity.
Technology Behind Salpha Energy’s Innovation
Salpha Energy’s solutions leverage cutting-edge technologies such as:
- Solar PV systems: Designed to maximize energy output and efficiency
- Energy storage systems: Enabling reliable and consistent power supply
- Smart inverters: Optimizing energy distribution and consumption
- IoT-enabled monitoring: Ensuring real-time monitoring and maintenance
- Data analytics: Providing insights to optimize energy usage and predict maintenance needs
Meet the Founder of Salpha Energy
Salpha Energy is the only female-founded company in sub-Saharan Africa operating a solar home system assembly facility.
Founder and CEO Chukwudozie launched the company to address solar energy access issues in Nigeria and Africa’s low-income communities by providing solar solutions.
She has worked as a sustainable development consultant with the UN Industrial Development Organization. She also worked in the Office of the Director for the General Assembly and Economic and Social Council Affairs Division at the UN Headquarters.
What’s Next for Salpha Energy?
With this investment, Salpha Energy is set to make a significant impact in the African clean energy sector, inspiring a new generation of entrepreneurs and contributing to a brighter future for millions of Africans.
