Phanes Group’s, Solar Incubator is calling for applications for this year’s competition set to be held in Dakar, Senegal at the Unlocking Solar Capital: Africa 2019 conference.
now in its third year, the end-to-end solar provider headquartered in Dubai, UAE, is hunting for promising solar photovoltaic (PV) projects to support in sub-Saharan Africa.
With over 600 million people lacking access to electricity in sub-Saharan Africa, the need for sustainable, affordable and commercially viable energy sources – such as solar PV – is undeniable. In the sub-Saharan region, a lack of energy access also remains a key barrier to economic and social progress.
With the 2019 Solar Incubator open for entries, Phanes Group and its partners hope to see similar dynamism and community-focused concepts from this year’s applicants. Shortlisted developers will be invited to present their concept at Solarplaza’s Unlocking Solar Capital: Africa 2019 conference, held in Dakar, Senegal from October 16 to 17.
Martin Haupts, CEO, Phanes Group said,“We launched the Solar Incubator program in 2017 to identify the very best of these projects, and reduce the knowledge and funding gap they face in a collaborative way. We hope to once again enable participants to bring lasting positive change to the community around them.”
Before the deadline of 04 September 2019 interested candidates should submit their applications via email to incubator@phanesgroup.com.
Phanes Group’s Solar Incubator was initiated in 2017 to tackle the issue head-on, fostering local innovation and investment by providing local solar PV developers with the funding and commercial and technical knowledge they otherwise couldn’t access. In 2018, that access to expertise was awarded to Senegalese engineer and innovator Mbaye Hadj to bring his project to life with intricate know-how, financial expertise, and funding.
“The return of the Solar Incubator program spells great news for passionate solar PV developers who have the vision and on-ground knowledge but not necessarily the broader project-wide expertise,” commented Edwin Koot, Solarplaza. “Financial viability is a fundamental part of any successful solar PV project, and we hope that our continued partnership will provide that all important commercial strength, alongside a breadth of technical knowledge.”
