Ariya Finergy
Renewable energy company that designs, installs and operates fit-for-purpose systems on and off grid, including solar, smartly integrated batteries and power stabilization.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
N/A | Debt | ||
| Total Funding | 000k | ||
Ariya Finergy stands as a pivotal Engineering, Procurement, and Construction (EPC) company, offering comprehensive energy solutions to the commercial and industrial (C&I) sector across East Africa. Founded in 2016 by CEO Jenny Fletcher and CTO Troy Barrie, the company is headquartered in Nairobi, Kenya, with additional offices in Kampala, Uganda, and Dar es Salaam, Tanzania. Fletcher, a Kenyan-born entrepreneur and Chartered Accountant with a Master of Science from the London School of Economics, brings extensive experience in financing large-scale projects and managing businesses across multiple continents. Barrie, a Professional Engineer with a degree from the University of British Columbia, contributes global expertise in energy storage, renewable energy integration, and power quality.
The company's core business revolves around addressing the critical power challenges faced by industries in the region, namely high electricity costs, poor power quality, and frequent outages. Ariya Finergy provides a turnkey service that includes the design, financing, construction, and ongoing operations and maintenance of solar photovoltaic (PV) systems, battery storage, and power stabilization technologies. This integrated approach allows clients to achieve a stable, reliable, and cheaper power supply, enabling them to enhance productivity and reduce operational expenditure. Clients have reported production increases of up to 30% due to the elimination of downtime from power disruptions.
Ariya Finergy's business model often involves providing financing for these systems, reducing the initial capital expenditure for its clients. Revenue is generated through the development and sale of these customized energy systems and potentially through Power Purchase Agreements (PPAs), where clients pay for the clean electricity generated. The company serves a diverse client base within the C&I sector, including enterprises in agriculture, manufacturing, food production, tourism, and logistics. By focusing on this segment, Ariya Finergy helps businesses transition away from unreliable grid power and costly diesel generators. To date, the company has successfully installed over 65 systems, amounting to more than 24 MWp of solar capacity and 15 MWh of battery storage.
Keywords: renewable energy, solar EPC, power stabilization, commercial & industrial solar, battery storage, East Africa, energy solutions, project financing, energy as a service, clean energy