German solar energy developer Redavia has signed four new Covid-19 resilience leases in Ghana and Kenya that allows for the delivery of free electricity for up to six months to help deal with the pandemic.
The company said that Covid-19 has thrown many African companies off track and so in this challenging time it is offering economically healthy companies the opportunity to reduce operating costs with a free leasing service for solar systems.
Redavia chief executive and founder Erwin Spolders said: “We are pleased to be able to make a difference for our business partners in this time of need and to establish win-win relationships that will last for decades.
“The ‘Covid resilience lease’ program is already a great success and we are very keen to further expand the program. We invite other companies to take part.”
One company benefitting from the deal is Siginon Aviation, a ground handling company based at Jomo Kenyatta International Airport in Nairobi, Kenya.
Redavia’s free solar energy solution will support the company’s corporate social responsibility efforts.
Siginon Group finance leader Edwin Ronoh said: “The partnership with Redavia comes at a time when the green agenda is a central corporate goal.
“This solar energy solution gives Siginon Aviation the opportunity to reaffirm its commitment as a responsible corporate citizen.”
Another company taking a lease is Wonder Feeds, which has recently expanded its factory to make room for the growing pet food business.
When the Covid crisis shook the economy, management maintained product prices for customers despite increased raw material costs, resulting in higher operating costs for the company.
Managing director Abdul Parkar is thrilled that Redavia has given the company a helping hand that he also gave to his customers.
In Ghana, Akwasi Asabere-Ameyaw, president of Methodist University College Ghana, had been looking for an alternative energy solution for some time, but no solution was appropriate until Redavia offered the institution the opportunity to both reduce carbon emissions and achieve savings in the university that can be reinvested.
The other company benefitting from the deal is Emigoh Ghana, which provides health and food care to the Ghanaian population.
Emigoh chief executive Stephen Eku said: “After years of working to create a first-class, sustainable food supply chain, I am delighted to be partnering with a company like Redavia that will also help us reduce our carbon footprint in a cost-effective manner can.”