Flexgrid
- Country
- Mali
- Technology
- Solar PV
- Business model
- Minigrid
In 2017, ElectriFI signed a development finance loan of EUR 100,000 with Flexgrid, to support the company deploying innovative technology in a rural microgrid in Mali.
Countries: Mali, Burkina Faso, Rwanda
Total ElectriFI financing: EUR 0.1m
Brief description of project:
ElectriFI supports the development and the growth of FlexGrid Mali’s rural electrification endeavor in Mali, through the innovative “Flex-Grid” technology. Flex-Grid’s modularity – based on an innovative “swarm intelligence” concept – would make the system suitable for a demand-driven approach and could reduce the risks associated with an uncertain demand.
Funding objective:
ElectriFI has provided EUR 100,000 to fund the improvement and expansion of the constructed pilot in Mali, including the development of metering & payment solution as well as helping improve the business model.