The Latest from EGG-energy
June 2014: National Geographic has announced that EGG-energy has won its inaugural Terra Watt Prize, a competition aimed at developing innovative solutions that focus on energy poverty. The prize comes with a $125,000 grant, which will be used to support the installation of 500 rent-to-own solar systems in rural homes and businesses in the outskirts of Pangani in the Tanga region.
EGG-energy Named Power Africa Private Sector Partner
November 2013: EGG-energy has been named a private sector partner for Power Africa, a U.S. Government initiative launched this summer that addresses one of the most pressing challenges to sustainable economic growth and development in sub-Saharan Africa – access to electrical power. By pooling and leveraging commitments of governments and private sector partners, Power Africa will provide the tools needed to overcome the barriers that have constrained Africa’s power sector, and its economic growth and development.
EGG-Energy Receives Second DIV Grant
September 2013: We are excited to announce USAID’s Development Innovation Ventures (DIV) has chosen to support EGG-energy with funding to improve IT systems, build a scalable consumer financing program, and acquire the latest, most cost-effective technology for our customers. The U.S. Agency for International Development administers the U.S. foreign assistance program providing economic and humanitarian assistance in more than 80 countries worldwide. Through an open competition, DIV supports breakthrough solutions to the world’s most intractable development challenges interventions that could change millions of lives at a fraction of the usual cost. EGG-energy received its first grant from DIV in 2012.
GDF SUEZ Invests in EGG-energy
December 2012: Under its commitment to promote access to sustainable energy for all and its GDF SUEZ Rassembleurs d’Energies program, GDF SUEZ invested €250,000 for a minority stake in EGG-energy Tanzania. GDF SUEZ Chairman & CEO Gérard Mestrallet welcomed the investment, stating: “this new investment fits in perfectly with the goal of the GDF SUEZ Rassembleurs d’Energies initiative, which is to reduce energy poverty in France and worldwide, as a main pillar of development.” Via GDF SUEZ’s Rassembleurs d’Energies, the Group provides technical and financial support for projects contributing to sustainable energy access for vulnerable population groups throughout the world.