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The company’s project to power 24 villages and a community health centre in northern Sierra Leone was awarded the Environmental Impact Award at the 2020 British Expertise International Awards. Developed specifically to broaden access to reliable, affordable clean energy in off-grid communities, an RPU installation benefits public services, improves living conditions, stimulates developing economies and creates a new market for electrical goods. These can be deployed, installed and connected to a local distribution network within weeks.
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Winch Energy has developed proprietary Remote Power Unit (RPU) technology and software operating systems (Winch Dashboard) that are designed and built in the company’s manufacturing facility in Sicily. With less than a decade to achieve the United Nations’ Sustainable Development Goal for universal access to clean energy (SDG7), Winch Energy is targeting African countries with the lowest electrification rates to bridge the gap. The continent’s vast geography and lack of infrastructure means it is not viable to connect rural communities to the national grids, limiting socio-economic development. There are still 759 million people without access to electricity, 75 percent of them in Sub-Saharan Africa (according to The Energy Progress Report 2021). The $16 million project consists of 49 solar mini grid projects in Uganda and Sierra Leone.
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Earlier this year, it launched the Winch IPP Holdings Ltd platform in partnership with NEoT Offgrid Africa, which was established by Meridiam, EDF and Mitsubishi Corporation. The company has previously secured investment from Total Eren and Al Gihaz Holding. The London-based company has already received investment from partner Itochu Europe PLC and is opening crowdfunding alongside this raise to secure additional funding for new projects and future expansion.įounded in 2008, Winch Energy has offices in UK, Italy, Sierra Leone, Uganda and Senegal and has an established project pipeline of over 485,000 connections, benefitting approximately 4.2 million people.
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The Crowdcube campaign is part of an overall fundraising plan over the next two years and follows Winch Energy’s recent closure of the largest mini grid limited recourse financing deal so far, via Winch IPP Holdings.