WELCOME TO THE TEAM

The German Investment and Asset Management company KGAL has taken a twenty percent ownership position in SunErgy through a private placement. With an option to increase their ownership.

Two of the members of the Management Board of KGAL, Chief Operation Officer Gert Waltenbauer and Chief Investment Officer Klaus Wolf, also concluded a parallel investment of two percent. Dr. Wolf will also join the SunErgy Board of Directors.

“We are very pleased for KGAL to join us,” says Chairman of the Board of Directors and one of the main shareholders, Alf Bjørseth, who continues “KGAL is an investment firm with twenty billion EUR under management. They are active in real estate, airplane leasing and renewable energy, owning several solar parks in Europe. They have been studying the potential of the off-grid solar market and solar energy companies being active in Africa for some time. We are proud that they finally selected us.”

“The money from KGAL will be used for continued expansion. Our goal is to have one million users within eight years and be one of the leading off-grid solar energy companies in Africa. So far, focus has been on Cameroon with the intention to expand into a couple of more countries, preferably in West Africa,” Bjørseth concludes.

As previously informed, eight solar power stations will be opened this year, giving electricity to more than 20 000 people. In addition, we will deliver solar power electricity to mobile companies for operating their mobile towers, minor private and public enterprises, schools and health centers. 

The African off-grid market is enormous. We are all set to go. We have built the infrastructure, made all agreements necessary and tested the equipment. The first four villages have been up and running for some time. Everything works as planned and we are, together with our 42 colleagues in SunErgy Cameroon, not only ready to roll out; we are going full steam ahead”.

DONE!

I am happy to share a few pictures from the “Grand Opening” of Kotto 1.

We have to admit that Kotto 1 was a tough one! The grid covers more than 3 square kilometers brining electricity and cable TV to some 3 500 people.  As far as we know it is, if not the largest, certainly one of the largest off-grid village solar power systems in the world and for sure, in the rain forest. It was a real challenge. We worked diligently and at the absolute fringes of our knowledge. But we succeeded! It`s done!

At the “Grand Opening”, the chief of Kotto 1 said, “today we live our forefathers dreams. What they dreamt about and hoped for generations, but never got to see, we experience. Now we can live as other people in the world! Darkness is gone. Light is here and with it a brighter and better future!”

A team from HiTV was with us for a couple of days when switching on the electricity. As soon as the video is ready we will post!

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GETTING READY

Enclosed are the latest pictures from Kotho 1, taken today.

The pictures show the solar park and the batteries installed. We will start charging the batteries next week getting ready for September 8. Do we need to tell that the whole village is filled with excitement and expectations? 8 of September cannot come soon enough! Generations of waiting are over. Light is here. Hopes and dream coming through!

A big applause and salute to Mr. Mike Fohba, Managing Director of SunErgy Cameroon and his team! They have been working hard and diligently under extreme condition, this being the rainy season.

Guys, we salute you! You are real heroes!

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”WE WANT WHAT YOU HAVE IN EUROPE”

stressed a council member in one of the ”SunErgy villages” at my visit to the village last week. ”We are eagerly waiting for you to bring us more electrical household equipment. Now we have television and radio. Are able to charge our mobile phones. Please bring us the rest. We want what you have in Europe!”

My take from this is that as soon as people get access to electricity they also get a craving for all the amenities going along with electricity and which you and I take for granted, such as hot water boilers, hair dryers, cooking plates, refrigerators, etc. Everything, which improves life and make it easier; like us they want the good life! There is no difference.

Believe it or not, by the end of this year, we will have brought and installed an estimated 8 000 light bulbs, more than 1000 television sets and radios, hundreds of hot water boilers, hair dryers, shaving machines. More than hundred refrigerators, freezers and washing machines in addition to streetlights, computer rooms in schools, etc. The numbers are awesome with more (much more) to come as the project moves forward.

The council member did not ask for freebees. He did not beg. On the contrary, people pay for what they use or get, whether electricity, cable TV, Internet or any electrical household appliances. They buy!

People are willing to pay as we make it available. And we will!

SOLAR ELECTRICITY TO THE BORORO PEOPLE

On my last visit to Cameroon (May 13-22) SunErgy, a sister company to 2 Mites entered into an agreement to the tune of an estimated 23 million USD with the Bororo Fulani (tribe). The plan is that SunErgy shall provide 100 Bororo villages or 33 000 families with solar electricity, Cable TV and Internet.

The project is fully financed by the Republic of Cameroon and the Islamic Development Bank. Banja will serve as the pilot and when successfully up and running we will move to the other villages.

The Bororo people, who used to be nomadic herdsmen, occupy many parts of Central and West Africa. Today they mostly live in smaller villages such as Banja, still active in agriculture and cattle rearing.

The picture shows (right to left) Managing Director of SunErgy Cameroon Mr. Mike Fohba, initiator and manager of the project Professor Alfred Ndi and Managing Director of SunErgy/2 Mites Dr. Stein Skjørshammer standing on a future solar plant site.

 

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PACKED AND READY TO GO

The pictures show the solar power station for Judith Craig`s Village for the seventy- four homeless children in Monrovia, Liberia packed and ready for shipment.

By the end of July the children will flip a switch for light enabling them to do the things you and I take for granted; school work after dark, watching television, experiencing the security of street lights, etc.; this and much more for less than 4 cents per day per child for the next thirty years. Almost for free. A true energy miracle! All sponsored and paid for by the Board of Global Ministries of the United Methodist Church in Norway.

And the best! We can repeat the same in an endless number of similar projects all around the world; giving young and old a new life and a better future.

Finally, something to contemplate; one hotdog bought in Norway at a gasoline station will bring electricity for one day to almost 150 children in a similar situation as the seventy-four children at Judith Crag´s Village.

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