This is ecoligo
We provide businesses with affordable, clean energy solutions.
We’re active in emerging markets like Ghana, Kenya and Costa Rica, enabling local businesses to go solar.
ecoligo provides a fully financed solar-as-a-service solution for businesses in emerging markets. With a complete digital platform for financing and delivering solar projects, we remove the barriers that prevent such projects from being realised. Supplying these businesses with affordable electricity enables them to grow and boost the local economy.
Clean, low-cost energy solutions, such as solar power, are both technically and financially viable. However, they are prevented from being implemented by a lack of available finance; international financing associations focus on large scale projects, while local loans are only available with low lead times and high interest rates. Consequently, solar projects with a volume of between €50.000 and €2.5m are not realised, despite their attractiveness.
ecoligo finances solar projects through the ecoligo.investments crowdinvesting platform, working with local partners to build, operate and maintain each solar system. Through pay-per-use solutions, ecoligo’s customers only pay for the energy used, and own the system after the contract ends. The cost of national grid-generated power in many emerging countries is already high and rising fast: powering their businesses with solar energy leads to cost savings for ecoligo’s clients.
ecoligo was founded by Markus Schwaninger and Martin Baart, three years after they met at a solar conference in Kenya in 2013. Thanks to many years of experience in the renewable energy and development cooperation, the two have impressive knowledge of these fields and an extensive professional network. Certified experts for the financing of projects in the areas of climate and renewable energy, Martin and Markus are often asked to speak at conferences and events and provide consultancy on these topics.
They are supported by an international team in sales, marketing, communications, project management, fundraising, business development, administration and finance. ecoligo’s headquarters are in Berlin and we have regional hubs in Accra, Nairobi and San Jose, Costa Rica. A new regional hub in Ho Chi Min City will open soon.