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project

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.

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