German solar troupe ecoligo has been awarded the German Entrepreneurship for Development Prize for 2019 in the category of “ Innovation for Development ” for its commitment to advertize sustainable growth in emerging markets . The swag was awarded on Tuesday at the German - African Business Summit hold in Accra , the upper-case letter urban center of Ghana , where ecoligo ’s West Africa office is based . The Berliner first - up was grant 25,000 EUR to support its business sector activity in emerging markets .
ecoligo provides a fully financed solar - as - a - Robert William Service solution for businesses in emerging market , removing the technical and financial barrier that forestall them from get at low-priced solar energy . The lead energy cost - delivery enable these businesses to grow and boost the local economic system .
The labor are finance through the crowdinvesting platformwww.ecoligo.investments , where individual investors can invest from 100 EUR and invite fixed , attractive returns . So far 16 projects in Ghana , Kenya , Chile and the Philippines have been funded on the political program , with a total financing bulk of 1.5 million EUR . Over the life of the task , up to 25k tonnes of CO2 emissions will be saved .
A key factor in get the acknowledgement was ecoligo ’s contribution to the Sustainable Development Goals ( SDGs ) . Every solar project supports goal No . 7 : Affordable and Clean Energy , No . 8 : Decent Work and Economic Growth and No . 13 : Climate Action . reckon on the type of ending - client , case-by-case project also keep going further SDGs .
The German Entrepreneurship for Development Prize is awarded in identification of dedication by companies that benefits the local population in make grow countries and emerging economies . The German Ministry for Economic Cooperation and Development and the Carl Duisberg Gesellschaft e. V. laurels the prize together in two category . old winners of the prize family “ Innovation for Development ” let in GreenTec Capital and SOLARKIOSK . Hydraulics firm HAWE win the other family of the prize , “ economic system for Development ” , for its fluid mechanics training programme in Botswana .
“ Our market turn out business organization founding of allow solar - as - a - armed service to commercial-grade and industrial clients is addressing one of the key issues businesses are face in emerge securities industry : high cost of mogul . We offer a sustainable choice , that draw foreign lineal investment into these markets , while hire local firms to build the solar labor that spare our client energy cost . We are certain that this design will make a significant positive impact to come forth markets . bring home the bacon this prestigious award is a confirmation of this encroachment . ” tell Martin Baart , CEO of ecoligo .
For more information : Ecoligoecoligo.com
