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MySolarBid

Location

Nigeria

Sector

Renewable Energy

Stage

Bankable feasibility
Overview

Nestled within a serene estate comprising 38 residential units spread across three blocks of buildings, residents are seeking an alternative power solution to address the challenges of extended periods without grid supply, averaging between 18 to 20 hours daily. With limited roof space available for individual installations of private solar panels, the prospect of inequality arises should each homeowner opt for this route.

In response to this collective concern, residents are exploring the concept of a Community Solar project. This innovative solution aims to harness the power of renewable energy on a communal scale, ensuring equitable access to clean and sustainable electricity for all residents within the estate. By pooling resources and sharing the benefits of solar energy generation, the Community Solar project not only addresses the estate’s energy needs but also fosters a sense of unity and cooperation among its inhabitants.

With sustainability and inclusivity at its core, the proposed Community Solar project embodies the spirit of community-driven initiatives, offering a practical and scalable solution to the estate’s power challenges. As residents come together to embrace this forward-thinking approach, they pave the way for a brighter and more resilient future, one powered by the collective strength of community and renewable energy.

Investment Needs

$156,875

Investment Project Type:

Private

Invested Value to Date:

$0
Israel Faleye
CEO
https://www.mysolarbid.com/
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