Funding will enable ecoligo to accelerate growth and contribute to global climate protection. Berlin, July 17, 2019 – The Berlin start-up ecoligo will receive EUR 2.5 million of funding from Saxovent, an investor specializing in ecological investments. Since its foundation in 2016, ecoligo has opened up the solar market for commercial and industrial businesses in emerging markets, driving the energy transition in these countries. The current funding will be used to scale up operations and enter new markets. After closing a seed financing with business angels and InnoEnergy 2 years ago, ecoligo has successfully rolled out its crowd-financed Solar-as-a-Service concept…
ecoligo goes on #ClimateStrike with #EntrepreneursForFuture
The #FridaysForFuture school strikes, led by young activist Greta Thunberg, have started a movement that is transforming the global awareness and opinion on the climate crisis. Last Friday, the movement accelerated, with the young people calling on adults to join them in the streets and strike for the climate. ecoligo, is proud to be a part of #EntrepreneursForFuture, a coalition of over 1500 companies that are working towards a better future. And we were proud to join the #FridaysForFuture strike last week, not just in Berlin but with the entire international team who are right now in Ghana, Peru, South…
ecoligo kicks off Latin America operations with Costa Rica solar-as-a-service project
Berlin and Frankfurt am Main, 4thApril 2019: ecoligo has launched a solar project in Costa Rica for fundraising on the crowdinvesting platform www.ecoligo.investments, marking the beginning of the German solar company’s operations in Latin America. The 54 kWp project will power Swiss Travel Costa Rica, a travel agency based in the north-west of the country. Crowdinvestors can earn 5.50% interest p.a. over 5 years with investments from 100 EUR, which includes a 0.50% Early Bird Bonus for those who invest before 10thof April. The project is a part of a two-phase initiative that will power the travel agency’s offices in Liberia, the…
Simbi Roses: a business that takes social responsibility beyond the farm
The Kenyan flower farm Simbi Roses attributes its success to the hard work and support of its workers, but the company’s focus goes beyond economic growth. A deep sense of social responsibility is central to business at Simbi Roses, demonstrated by their motto, “Our farm. Our community.” What does this look like? Worker-led committees promote continuous improvements in education, housing, health, human rights and general well-being in the communities local to the farm. These democratically-formed committees include Gender, Health and Safety, Fairtrade and Well-Being. The central goal is to improve living standards both inside and outside of the premises; who…
ecoligo wins the German Entrepreneurship for Development Prize
Berlin and Accra, 13th February 2019: German solar company ecoligo has been awarded the German Entrepreneurship for Development Prize for 2019 in the category of “Innovation for Development” for its commitment to promoting sustainable growth in emerging markets. The prize was awarded on Tuesday at the German-African Business Summit held in Accra, the capital city of Ghana, where ecoligo’s West Africa office is based. The Berliner start-up was awarded 25,000 EUR to support its business activities in emerging markets. ecoligo provides a fully financed solar-as-a-service solution for businesses in emerging markets, removing the technical and financial barriers that prevent them from accessing…
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Interview with Dr. Elikem Tamaklo, Managing Director of Nyaho Medical Centre
We caught up with Dr. Elikem Tamaklo, Managing Director of Nyaho Medical Centre in Ghana, to find out more about the hospital and the new solar system that will power it. A 195 kWp solar project for the medical centre is currently being financed on the ecoligo.investments crowdinvesting platform. Can you tell us a little about the history of Nyaho? What about Nyaho makes you proud? What problems does the hospital currently face with energy? How does powering Nyaho with solar energy relate to the centre’s core values? More details of the project can be found on the project page.
ecoligo celebrates key milestone as one million Euro raised by crowdinvestors to fund solar projects
Berlin and Frankfurt am Main, 22nd October 2018: Over 1 million Euro has been raised by crowdinvestors to finance solar projects in emerging markets on the ecoligo.investments platform. The milestone demonstrates the potential of individual investors to bridge a well-known finance gap for commercial and industrial (C&I) sector solar projects, consequently transforming a sector where traditional financing methods have failed. This opportunity is an integral part of ecoligo’s fully financed solar-as-a-service business model. The seven-digit-figure has been reached by 327 private investors. In total, 12 projects have been financed on the ecoligo.investments platform, which will save over 19,000 tonnes of…
ecoligo.investments increases access to sustainable investing with new 100€ investment amounts!
Crowdinvestors will now be able to invest in solar energy projects in emerging markets from just 100€ on the platform ecoligo.investments. The platform has lowered the minimum investment amount from 500€ to 100€ in a move to enable more people to participate in sustainable investments and accelerate the global energy transition. The change will be in effect from Thursday, the 6th of September, when the next project is scheduled to be launched. Private investors receive returns of 5% or more when they invest in projects on the platform, which provide solar energy to businesses in countries like Ghana, Kenya, Chile…
The air miles debate: are Kenyan flowers actually more sustainable?
Kenya is the biggest exporter of roses to Europe, transporting almost 160,000 tonnes of cut flowers in 2017. The country’s climate is perfect for growing flowers, its proximity to the equator providing daily sunshine and mild temperatures year-round. But an increasing awareness of the virtues of buying locally is sparking a debate around importing such goods: isn’t it better to grow them at home? Intuitively, this might make sense, but a dive into the figures shows what’s really more sustainable when it comes to flower farming. Kenyan roses are by far the greener option Food, flowers and other agricultural products…