Innovation & New Businesses
Our Innovation & New Business line is looking beyond the horizon for innovative solutions and is reaching out to entrepreneurs that will shape the future of Africa’s energy business, with a focus on digitalization.
Aim is to secure the conditions to grow in selected markets through in-house developments, partnerships and/or acquisitions. We also strive to create an environment where new innovative initiatives are incubated and tested until sustainable maturity levels are reached. Our focus is not on location, but rather on solutions and businesses with a high growth potential offering the opportunity to replicate their model elsewhere.
With over 600 million people in Africa still without access to modern, affordable, safe and reliable energy, access to Energy is a key activity for us in Africa. ENGIE is already providing clean decentralized electricity to more than 2 million people in 6 countries. ENGIE is the sole energy player with wholly owned solar home systems and mini-grids subsidiaries.
We believe that universal access to electricity is possible in the foreseeable future thanks to a smart combination of national grid extension, mini-grids and Solar Home Systems, depending on the local characteristics of the energy demand. We see solar home systems and mini-grids as two very complementary solutions for off-grid electrification: SHS is an easy and fast-to-deploy solution covering households needs, and mini-grid allows for both household supply and powering of productive usages triggering local socio-economic development.
ENGIE is now present with PowerCorner (link to website) in Tanzania and Zambia with 13 mini-grids in operation and construction. ENGIE pursues its goal to develop 2000 mini-grids by 2025 enabling 2.5 million people, entrepreneurs, SMEs and local businesses to access renewable, reliable and cost effective energy.
ENGIE is also expanding its Solar Home System business. To date, ENGIE Fenix (link to website) has sold over 450,000 solar home systems across Uganda, Zambia, Nigeria, Cote d’Ivoire, and Benin, changing the lives of over 2.5 million people.