
Energy Assured Nigeria
A social enterprise company helping low income farmers with a subscription based, comprehensive and mobile solar pump.
Date | Investors | Amount | Round |
---|---|---|---|
* | $100k | Grant | |
Total Funding | 000k |
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Energy Assured Nigeria Limited, founded in 2016, operates as a social enterprise headquartered in Bauchi State, Nigeria. The company focuses on the renewable energy sector, specifically targeting the agricultural market. Its core business involves providing low-income and smallholder farmers, with a particular emphasis on women, access to mobile solar water pumps for irrigation.
The business model is structured around a subscription-based rental service for these solar pumps. This approach makes the technology more accessible and affordable for farmers who would otherwise rely on costly and environmentally harmful petrol or diesel-powered generators. By offering a comprehensive service, Energy Assured aims to enable year-round farming, which can significantly increase agricultural productivity and income for its clients. The company's services are designed to help modernize agricultural practices by reducing expenses and logistical challenges for farmers.
As part of its operations, Energy Assured has engaged in significant outreach and support activities. For instance, with support from USAID, the company empowered 2,100 smallholder farmers in Bauchi State by providing its rental services. This initiative included conducting preliminary surveys to understand farmer needs, holding advocacy visits with agricultural cooperatives and government agencies, and demonstrating the solar pump technology. The company has also been involved in training farmers in good agronomy practices to complement the technological solution provided.
Keywords: renewable energy, agritech, solar water pumps, irrigation solutions, smallholder farmers, social enterprise, subscription model, agricultural technology, sustainable farming, rural development, water management, off-grid energy, pay-as-you-go solar, Nigerian agriculture, clean energy, farmer empowerment, mobile irrigation, food security, climate resilience, women in agriculture