EGG-energy is a company dedicated to helping low-income consumers in Sub-Saharan Africa gain access to clean, affordable energy, using a unique strategy based around portable rechargeable batteries. Currently based in Tanzania, their goal is to one day use this model to provide power throughout the developing world. “We’re the Netflix of batteries, only instead of movies, we deliver power to low-income African households. One battery at a time”. 80% of Tanzanians live within 5 km of the power grid. 90% of them lack access to electricity. We aim to bridge the gap between household and grid by implementing a simple, safe and affordable market-based solution.
“We take power from a grid or off-grid power station and package it into portable, rechargeable, and affordable batteries. Each battery is about the size of a brick and lasts about five nights in a typical household”.
Each battery is rented to a customer in exchange for a subscription fee.
Customers can exchange their depleted battery for a fully charged one at any time, by paying a small swapping fee at a nearby EGG-energy charging depot.
A really nice idea that can be enlarged to other poor areas arround the globe. A business model that for sure can work. Our congratulations to the EGG staff ! For more information or to get in touch with the guys there, just follow the link below.