This archive report was first published on 30 June 2021.
On June 30, 2021, Rolls Royce made a significant investment in Kowry Energy, a Berlin-based start-up that provides sustainable and decentralized energy systems in Sub-Saharan Africa.
The company's goal is to support the sustainable expansion of energy infrastructure in the region by combining renewable energy sources such as photovoltaic and battery storage systems.
"The African market for decentralized energy supply offers great potential," said Power Systems CFO Louise Öfverström. "The geographical conditions provide the best opportunity to build a climate-friendly, local power supply for industrial and community customers that operates with a minimum of fossil fuels."
Kowry Energy will supply energy solutions using photovoltaic systems and battery storage for demand of up to 1 Megawatt, minimizing the use of fossil fuels and making optimal use of the climatic conditions in Africa.
The company will launch its services in Mali and Nigeria this year, in cooperation with local independent power providers and operators.
Lord Bellingham and Dolapo Kukoyi, Nigeria's leading lawyer in the power sector, have joined the firm's board of directors.
Kowry Energy is a sustainability-driven energy service provider that offers tailor-made solutions to local independent energy companies, combined with appropriate financing solutions to strengthen local businesses and enable communities.
