2020 has been a year unlike any we ’ve ever experienced . As it draws to an destruction , we trust for a better 2021 for those who have been impacted by the COVID-19 pandemic . At ecoligo , we ’re golden to count back on 2020 with profitableness ; although we have faced challenge , the class has been the most successful for us so far .
by Emma Patmore
The yr was off to a great beginning with CEO Martin Baart invited to unite President Frank Walter Steinmeier’strip to Kenya in February , as part of a delegation that admit prominent physical body such as Dirk Nowitzki and top German byplay like Siemens . Martin had the pureness to meet President Uhuru Kenyatta and was also interview onKenyan TV .
In February we alsolaunched operations in Vietnamand were speedily riding the waving of the country ’s solar boom . Our Country Manager Thuong Duong secured an abundance of solar projects that have also been put in at record rate . This included our fully grown task yet , a 2MW system for Dong Nam Viet Packaging . take more in ourinterview with Thuongafter he recently moderate a conduct energy group discussion in Vietnam .
This was the first of three countries we were to accede in 2020 : later in the year , we established an office in Chile and in October , purchased the Thai solar arm of energy giant RWE . Through this we acquired a solar project render manufacturing company Xcellent , securing our entry into Thailand and our second Southeast Asian market . ecoligo is now participating in 6 countries , spanning 3 continents : a reflexion of the orbicular shift to clean DOE in natural action .
None of this would have been possible without the shock - force back crowd investors atecoligo.investments , who this class finance 21 project with a total capacity of more than 4.5 MWp . More than € 4 million was raised for project via the platform this year by over 2000 committed investors . And it ’s not just a one - way street : in 2020 , more than € 400,000 in interest and refund was paid out to the crew – on time and in full , as ever .
To protect these investor against impact of the pandemic or other unforeseen events , ecoligo set up aguarantee fundin May . The fund ensures the payment of succeeding interest group and repayments even in multiplication of economical crisis . So far , the guarantee fund has not been used and is still available in full .
While offline event were few this yr , we were still able-bodied to inaugurate some of our projects , such asDong Nam Viet Packagingand Credible Blooms . Next year , we ’re looking onward to usher in Kenya ’s first floating solar system at Rift Valley Roses .
We ’re also very grateful for the fantastic partners we worked with this twelvemonth . In summation to on-going partnerships with local EPC company like Vu Phong Solar and Namene Solar , we have joined forces with sustainable administration likeecosiaand supported great initiatives like theFridaysclimate picture show . We trust that collaborationism holds the key to solving the globose challenge we confront and to this end , were also constitute member of theGreentech Alliancethat was launched this year .
The winner of 2020 did not go unnoticed , with over 70 publication about ecoligo and our projects . Yet the most satisfaction comes from the wallop we have attain : the project we have sign up to date will save a total of over 380,000 t of CO2 emissions over the task lifetime . These labor not only reduce polluting carbon emissions but activate the businesses we form with to get sustainably .
As the world becomes increasingly mindful of the clime crisis , we are proud to provide a solution that is not only recognised for its effectiveness but also enable so many different mass to take part . We thank you for conjoin us on this journeying and attend forward to achieving even more encroachment in 2021 .
gift in solar energy atwww.ecoligo.investmentsor become a client or partner by receive in touchhere .
For more information : ecoligoecoligo.com
