RENEWVIA RECEIVES $1.2 MILLION COMMITMENT FROM ALL ON TO ELECTRIFY COMMUNITIES IN THE NIGER DELTA

June 2, 2020

LAGOS, June 2, 2020 – Renewvia Energy Corporation, a global solardeveloper, and All On, a Nigerian off-grid impact investor, today announced apartnership to electrify rural communities unserved by conventional utilitiesin the Niger Delta region of Nigeria. The agreement includes a commitment of$1.2 million from All On to enable Renewvia to develop and operate solar minigridsto bring clean energy, and ultimately spur economic development in the region.

The first two minigrids have been commissioned and are operatingin the villages of Akipelai and Oloibiri, to support the surroundingcommunities. Renewvia’s minigrid in Oloibiri will power the new Oloibiri Healthfor Life Medical Center (H4LC) and Knowledge Management Institute, one of thehub health facilities funded by the Shell Petroleum Development Companyof Nigeria (SPDC) under the flagship Oloibiri Health Program. The program is a localgovernment-wide health system strengthening partnership with the Bayelsa Stategovernment. It will provide reliable, consistent power, at a reasonable cost,to enable frontline healthcare workers to provide affordable, accessible andquality assured health care to Ogbia communities.

“Renewvia Energy is thrilled to partner with All On to bringreliable, clean energy to communities who need it most,” said Trey Jarrard,CEO, Renewvia Energy Corporation. “We have connected hundreds of households in Akipelaiand Oloibiri to our minigrids, and we expect to see measurable economic benefitsfor these communities in the near future.”

The solar minigrids in Akipelai and Oloibiri utilize lithium ion battery storage toprovide reliable power throughout non daylight hours and are designed to scaleas individual and communal power demand increases, without any financial burdento the community. These minigrids will immediately help over 400 households andmultiple small- and medium-businesses scale activities and drivecommunity-level economic growth.

“We are happy to announce this partnership in line with ourmission to increase off grid energy access to unserved and underservedcommunities in Nigeria with a focus on the Niger Delta,” said All On CEO, WiebeBoer. “We are particularly pleased that one of the first minigrid projectsunder this partnership is supporting health care providers during this time ofcrisis.”

About Renewvia Energy Corporation

RenewviaEnergy Corporation is a top 500 Global Solar Developer headquartered in theAtlanta, Ga. It designs, installs, owns and operates commercial and communitysolar power systems across three continents and provides a complete range ofsolar energy solutions including turnkey solar installation, integratedfinancing and solar consulting services. To learn more, visit: www.Renewvia.com.

About All On

All On, an independent impact investing company, was seeded withfunding from Shell, and works with partners to increase access to commercialenergy products and services for unserved and underserved off-grid energymarkets in Nigeria, with a special focus on the Niger Delta. All On invests inoff-grid energy solutions spanning solar, wind, hydro, biomass and gastechnologies deployed by both foreign and local access-to-energy companies thatcomplement available grid power across Nigeria and help bridge the significantenergy gap. To learn more, visit www.all-on.com

 

MediaInquiries

Renewvia Energy

Laura Kline

Email: laura@renewvia.com

 

All On

Adaobi Oniwinde

Email: All-On-Communications@all-on.com