Epsilon Energia Solar (EES) is a company that distributes and finances small solar systems in rural Mozambique. The business model combines last mile distribution, connected equipment, mobile money and effective credit management to deliver a Pay-As-You-Go service to bottom of the pyramid households.
Respected Mozambican investors Epsilon, Graca Machel’s foundation FDC and experienced solar financing investor and manager Kevin Kennedy have created Epsilon Energia Solar to bring the next generation solar energy and digital financial services to households and businesses in rural Mozambique and subsequently Southern Africa.
2018 was a year of pilot activities to test our market approach, price and create our team. Having reached our goal of 2000 families, 2019 is our year for full commercial operations and scale up, with a view to reaching 100,000 customers plus within 3 years. While the anchor product is PAYGO solar, it is a key goal that additional equipment and services be launched from the platform leveraging the data, analytics and management expertise of the company.