The African power market is critically underdeveloped. Sub Saharan Africa (SSA) has the lowest electrification rates in the world with only about 40% of the population having access to grid electricity, leaving over 600 million people without access. In addition, in many places where there is access to grid electricity infrastructure, the supply is highly unreliable with frequent outages.
Mission Critical Sites (MCS), hospitals, health clinics and telco towers, are still heavily reliant on diesel generated power which is expensive, unreliable and polluting. Most cell phone towers (approximately 240,000) are either off-grid or have bad grid connections. 66% of hospitals do not have reliable electricity access. 80% of schools have no electricity at all.
70% of the population of SSA have mobile phone coverage, meaning more than 300 million people (the vast majority of whom live in remote rural locations) are still without coverage. The GSMA predicts that an additional 85,000 towers will need to be built by 2020 to extend coverage to these areas.
Mobile operators face huge challenges to power their existing networks, both off-grid and on-grid. Diesel accounts for up to 40% of OPEX (the total amount of fossil fuels consumed by towers is estimated at 58 million barrels per year at a cost of $8 billion USD) and on top of this there is the cost of frequent generator maintenance, and replacement every 2 years. The very high cost of energy means a higher cost of mobile service for subscribers, and so this directly affects affordability of vital mobile phone service for many of the poorest people in the world.
Our main social impact objectives are access to energy, access to clean water, access to education, and access to information. Our environmental impact objectives are natural resource conservation, and pollution prevention (GHG emissions). We aim to generate measurable financial, environmental and social returns beyond comparable industry standards. Our sustainable energy metrics are: reducing CO2 output per installation by a least 60% per site per year; reducing diesel usage by at least 75% per site per year. Our social benefit metrics are: at least 50% of our labor force will be from local villages; employees will be provided with living-wages, health benefits, education programs and company training; schools and hospitals connected to our microgrids will be provided with free internet access.
Tower Power is an independent power provider that equips cell phone towers with renewable energy generation, storage and software intelligence to significantly reduce costs and CO2 emissions. Wherever possible, we will use the tower power to create a microgrid to provide electricity to neighbouring hospitals/ health clinics, schools and villages.
FOR MORE INFORMATION AND INVESTMENT OPPORTUNITIES PLEASE CONTACT VOLKMAR KUNERTH at KUNERTH@TOWERPOWER.CO
Mission Critical Sites (MCS), hospitals, health clinics and telco towers, are still heavily reliant on diesel generated power which is expensive, unreliable and polluting. Most cell phone towers (approximately 240,000) are either off-grid or have bad grid connections. 66% of hospitals do not have reliable electricity access. 80% of schools have no electricity at all.
70% of the population of SSA have mobile phone coverage, meaning more than 300 million people (the vast majority of whom live in remote rural locations) are still without coverage. The GSMA predicts that an additional 85,000 towers will need to be built by 2020 to extend coverage to these areas.
Mobile operators face huge challenges to power their existing networks, both off-grid and on-grid. Diesel accounts for up to 40% of OPEX (the total amount of fossil fuels consumed by towers is estimated at 58 million barrels per year at a cost of $8 billion USD) and on top of this there is the cost of frequent generator maintenance, and replacement every 2 years. The very high cost of energy means a higher cost of mobile service for subscribers, and so this directly affects affordability of vital mobile phone service for many of the poorest people in the world.
Our main social impact objectives are access to energy, access to clean water, access to education, and access to information. Our environmental impact objectives are natural resource conservation, and pollution prevention (GHG emissions). We aim to generate measurable financial, environmental and social returns beyond comparable industry standards. Our sustainable energy metrics are: reducing CO2 output per installation by a least 60% per site per year; reducing diesel usage by at least 75% per site per year. Our social benefit metrics are: at least 50% of our labor force will be from local villages; employees will be provided with living-wages, health benefits, education programs and company training; schools and hospitals connected to our microgrids will be provided with free internet access.
Tower Power is an independent power provider that equips cell phone towers with renewable energy generation, storage and software intelligence to significantly reduce costs and CO2 emissions. Wherever possible, we will use the tower power to create a microgrid to provide electricity to neighbouring hospitals/ health clinics, schools and villages.
FOR MORE INFORMATION AND INVESTMENT OPPORTUNITIES PLEASE CONTACT VOLKMAR KUNERTH at KUNERTH@TOWERPOWER.CO
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