A lack of reliable grid power has led to more than half of businesses in sub-Saharan Africa using diesel generation to ensure certainty of supply. Solar power and battery storage solutions are increasingly providing a viable, cheaper alternative for many businesses that see the value in using greener, more consistent power. SPS is a leader in the sector and well-positioned to accelerate the use of solar energy
Formerly known as Mettle Solar, SPS has received around US$37 million of equity funding investment from Gridworks following our first investment in December 2019. Since then, the company has built over 22MW of grid-tied projects in Southern Africa and Kenya and 4.2MW / 8.7MWh of islanded projects in the Seychelles, including some of Africa’s largest off-grid systems using Tesla’s Powerpack.