Latest Investment from KIC InnoEnergy Into RVE.SOL Injects New Hope in the Fight to Solve Rural Poverty and Climate Change in Africa
Barcelona, Spain, July 01, 2014 --(PR.com
)-- Tweet this: #KUDURA #ruralpoverty #Africa #sustainabledevelopment #minigrid
Social Entrepreneurship RVE.SOL, headquartered in Portugal, has received funding from KIC InnoEnergy to reduce poverty and fight climate change by bringing access to clean energy and potable water to the millions of Africans living in rural poverty.
KIC InnoEnergy shares the vision of RVE.SOL - that access to sustainable, affordable energy services and clean water is a human right. By investing in the poor instead of giving charity with the KUDURA mini-grid energy hub, all stakeholders thrive and investors realize solid returns while helping improve lives and the planet. With business activity and partnerships in Uganda, Nigeria, Mozambique and Angola, RVE.SOL is seeing people, governments and organizations willing to make a change.
KUDURA means "the power to change" in Swahili. It is a sustainable answer to ending the cycle of poverty – through access to clean, affordable solar electricity, potable water, biogas for cooking and biofertiliser for agriculture. This integrated system uses dirty water, solar energy, and manure to produce potable, clean drinking water, electricity, biogas and and organic fertilizer for the community.
Josep Miquel Torregrosa, Business Creation Officer from KIC InnoEnergy says “We believe in KUDURA 100%. It is one of the only sustainable development solutions on the market that integrates water AND energy, is scalable enough to truly solve the problem and affordable enough for government or commercial enterprises to purchase and earn a modest return in a decent timeframe.”
Vivian Vendeirinho, founder and CEO of RVE.SOL says “KIC InnoEnergy’s investment demonstrates their leadership in the industry by recognizing there must be bold, fundamental change in the energy market to make a difference. For long term sustainability and eradication of rural poverty, Aid investment needs to kick-start financially sustainable rural enterprise. In KUDURA’s case, a community-owned energy and water utility model – where they own and manage the resources is in the interest of the community, generating a positive cash-flow that can be reinvested in future community projects.”
Please contact us below for an interview or to visit our pilot site in Kenya for a demonstration.
About KIC InnoEnergy
KIC InnoEnergy is supported by the European Institute of Innovation and Technology (EIT), working for the development of the sustainable energy market. KIC InnoEnergy is focused within three main business lines: Education, Innovation and Business Creation Services. KIC InnoEnergy’s shareholders are 27 top European players including companies, research institutes, universities and business schools. More than 100 additional partners contribute to KIC InnoEnergy ́s activities, in a very dynamic network, open to new entrants that will increase its excellence. KIC InnoEnergy’s mission is to build a sustainable operational framework amongst the three actors of the knowledge triangle in the energy sector: industry, research and higher education and ensure that the integration of these three is more efficient and has higher impact in innovation (talent, technology, companies) than the three standing alone.
RVE.SOL - Soluçoes de Energia Rural Lda. is a triple bottom line social entrepreneurship born of the belief that everyone should have access to affordable, sustainable energy and potable water to help improve their quality of life. Our unique solution KUDURA can be customized and scaled to provide electricity, gas, fertilizer and clean water to Rural villages, Rural schools, Rural clinics and hospitals, Small scale farms and factories and Private residences. For more information visit www.rvesol.com. To invest in the company or purchase a KUDURA unit please email firstname.lastname@example.org
Where to find RVE.SOL
twitter: @rvesol, www.twitter.com/rvesol
For more information
Marketing Artisan & Freelance Consultant – RVE.SOL Marketing Consultant
Tel. +351 915292211