Project ​Overview

Tanzania faces a severe electricity access crisis, with only 40% of the population connected to the power grid. This situation is part of a broader Sub-Saharan African challenge, where 570 million people lack electricity access. The country's heavy reliance on hydroelectric power makes its energy supply vulnerable to seasonal fluctuations and climate change impacts, creating an urgent need for diversified, reliable energy solutions to support development goals and economic growth.

Ensol operates through a systematic implementation process that includes detailed engineering and design, procurement of quality components, and professional construction services. The company has already deployed over 6MW of solar PV systems across various applications. Current operations focus on expanding their reach through turnkey EPC services and developing new project financing models to accelerate market penetration.

• Community beneficiaries

• Commercial and industrial clients

• International development partners

• Local government authorities

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The company implements a comprehensive range of solar energy solutions through four key service areas:solar systems for community health clinics and schools, solar water pumping systems for drinking water and irrigation, solar hybrid mini-grids for off-grid village electrification, and commercial and industrial hybrid systems for uninterrupted business operations. These solutions are delivered through an integrated EPC approach, encompassing engineering design, procurement, construction, and ongoing maintenance services.

The company's initiatives have significantly improved energy access across Tanzania, benefiting schools, health facilities, and communities through reliable solar power solutions. Their projects contribute to reducing carbon emissions, improving public service delivery, and supporting economic development through reliable power supply to businesses and industries. The solutions particularly impact rural and underserved areas, providing sustainable access to electricity and clean water.

Current Financial Performance:

• Revenue 2023: USD 3,582,877

• Revenue 2022: USD 1,525,549

• Revenue 2021: USD 1,236,947

Funds Previously Raised:

• Debt: USD 1,430,000

• Grants: USD 1,207,480

Investment Requirements:

1. EPC Solutions Investment:

   • Amount: USD 5 million

   • Purpose: Turnkey EPC energy solutions

   • Term: 5 years

2. Project Finance:

   • Amount: USD 5 million

   • Purpose: C&I solutions development

   • Model: Rent to Own (R2O)

   • Term: 7-10 years