SunErgy News

EWIA and SunErgy = Synergy

Driving the solar revolution in Africa together: EWIA Green Investments acquires SunErgy

● Expansion into Cameroon
● Diversification into the mini-grid and off-grid market
● SunErgy shareholders join EWIA

Two years after launching our collaboration on solar projects in sub-Saharan Africa, EWIA Green Investments GmbH (EWIA), SunErgy GmbH, and KGAL GmbH & Co. KG (KGAL) have decided to convert their partnership into a merger. Under the terms of a new agreement, EWIA will acquire all shares in SunErgy. In turn, SunErgy’s existing shareholders will take stakes in EWIA Green Investments GmbH. The merger aims to establish a leading solar provider for Africa, overseeing projects from planning and financing to implementation.

Our Journey started 2019 with a First Personal Meeting in Oslo. Both entities have a clear Vision and mission. On One Hand to Improve Life and Economy in Africa on the other hand to Fight the Climate change.

„To make the world more sustainable every day and to leave our children and grandchildren a world worth living in is my greatest concern” Ralph Schneider CEO and Co Founder.

Successful two-week course PV off-grid installations

Together with our partners Prosumer Solutions, Glava Energy Centre and TechBridge we had a successful training in December 2021. This project was partly funded by NORAD. The students we able to participate in a very intense and profound two-week course on PV off-grid installations:

Module 1: Basics on electrical engineering and electrical grids

Module 2: Renewable energy systems

Module 3: Photovoltaic basics and system components

Module 4: PV system planning and sizing

Module 5: Mounting, installation, operation, maintenance

See also some picture of this great and successful support in education in the area of electrical engineering for PV off-grid solutions.

Dr. Alf BJØRSETH ELECTED CHAIRMAN OF SUNERGY

Bjørseth was elected Chairman of SunErgy Board of Directors on the Extraordinary Shareholders Meeting on December 14.

“We are very fortunate and pleased to have Dr. Bjørseth as chairman. His success and reputation in the field of solar energy, not least as the founder of Renewable Energy Corporation and Scatec Solar is invaluable.

Our vision is to build SunErgy into a global leading in providing electricity to off-grid village. Through offering electricity, Internet and Cable Television we will enable millions of people to escape poverty, moving into a brighter and more prosperous future” says Dr. Stein Skjørshammer, Managing Director of the company.

Other new members elected were Mr. Jon Skjørshammer, partner at the law firm SANDS and Mr. Jon Rømer Sandberg, owner of the investment and consulting firm Belvedere.

Ole Hallvard Haugen and Stein Skjorshammer will remain on the Board.

“While greeting the new board members welcome we should also thank Mr. Magnar Bjørk and Mr. Pål Klouman, outgoing members for their dedicated and inspiration contributions while being on the Board. They have served us well”, Dr. Skjorshammer concludes.

Second Solar Power Station in Liberia

In July 2019, a solar power station was built and commissioned at the United Methodist University in city of Gbarnga, fully financed and sponsored from the United States. The city of Gbarnga has an estimated 40.000 inhabitants without access to electricity. At the opening of the solar power station SunErgy was invited by the Mayor of Gbarnga and the District Officer (Fylkesmannen) of Bong County, in which Gbarnga is located to start its activities. Furthermore, SunErgy was also invited to start activities in the Nimba County (neighboring county of Bong) with the main city being Ghanta with an estimated 40.000 inhabitants.

The solar power station at the United Methodist University in Gbarnga has been monitored via Internet from Norway/Poland regarding to production and consumption. Similar system will be introduced in all villages, enabling SunErgy to monitor production, consumption and the function of the system at any time.

German KGAL joins SunErgy

The German Investment and Asset Management company KGAL has taken an ownership position in the Norwegian Solar energy company SunErgy, with an option to crease their ownership additionally.

“We are very pleased for KGAL to join us”, says Chairman of the Board of Directors and a major shareholder, Alf Bjørseth.

“KGAL is an investment firm with twenty billion EUR under management. They are active in real estate, airplane leasing and renewable energy, owning several solar parks in Europe. They have been studying the potential of the off-grid solar market and solar energy companies being active in Africa for some time. We are pleased, they decided to go with us.”

“The money from KGAL will be used for continued expansion. Our goal is to have one million users within eight years and be one of the leading off-grid solar energy companies in Africa. So far, focus has been on Cameroon with the intention to expand into a couple of more countries, preferably in West Africa.

Managing Director of SunErgy, Stein Skjorshammer informs new solar power stations will be opened this year, giving electricity to more people. In addition, the company will deliver solar power electricity to mobile companies for operating their mobile towers, army bases, minor private and public enterprises, schools and health centers. “We opened the first solar power station in the village of Bokosso in August 2015. It has operated flawlessly and nonstop since. The African off-grid market is enormous and we are all set to go. We have built the infrastructure, made all agreements necessary and tested the equipment in the first four villages, which have been up and running for some time. Everything works as planned. We are, together with our colleagues in our daughter company SunErgy Cameroon, not only ready to roll out; we are going full steam ahead”

The law firm SANDS has assisted SunErgy with the subscription.