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RVE.SOLís Patent-Pending Award and Recent Investment Round Aims to Launch "Minigrids" Into the Mainstream


Social Enterprise RVE.SOL is awarded worldwide patent-pending status for its unique solution KUDURA, with further foreign investment backing the idea of minigrids and signaling the industry to change its approach to sustainable development.

Boa Vista, Portugal, September 03, 2015 --(PR.com)-- Tweet this: #KUDURA #minigrid #SusDev #BoPBiz #Africa #ImpInv

The International Patent Office has awarded RVE.SOL a worldwide patent-pending status for its innovative, multi-utility service minigrid solution KUDURA - the first and only integrated electricity, biogas and potable water solution to include generation, distribution, monitoring, metering & mobile pre-payment.

The industry is taking notice, especially impact investors, with RKW Holding fulfilling the startup’s entire funding round from one source. RVE.SOL and RKW first met at the KIC Business Booster in October 2014, the leading Energy Innovation event in Europe.

“RVE.SOL has a business model that (finally) proves poor rural areas are also viable markets. While the social aspect of the venture is clearly embedded in the project, what RVE.SOL adds is a financially sustainable business model to address this untapped potential,” said Kris Vanherle, Director at RKW Holding. Kris adds “Not only is RVE.SOL creating the marketing with the most reliable, flexible minigrid solution, but their pay-as-you-go metering and mobile prepayment system is set to change the game entirely. We see our investment strengthening the idea of social enterprises finally addressing the rural paradigm in a sustainable, financially viable way.”

This news comes at a pivotal time in the industry. It has long been accepted that people cannot be “donated” out of poverty; renewable energy solutions are fast gaining ground as the de facto standard for providing affordable energy to the world’s energy poor. There has been a lot of media coverage in the industry on solar portable and home solutions, however it is becoming clear that scalable village mini-grids are needed to provide true productive use energy and help rural populations rise out of poverty; electricity and potable water are critical to the WEF (Water Energy Food) Nexus. Real figures show an annual investment of only €120 per family per year, enables the KUDURA multi-utility solution to provide affordable, renewable, safer alternatives to firewood and hydrocarbon based fossil fuels like kerosene and diesel. At the same time KUDURA sustainably provides jobs, enables small businesses, improves health and fights climate change.

“Productive energy use is what ultimately moves people out of poverty by creating income and reducing energy and health expenses. With KUDURA we’ve figured out how to offer affordable, decentralised utility services to the Base of the Pyramid with a healthy ROI for project financiers,” says Vivian Vendeirinho Managing Director & Founder of RVE.SOL. He goes on to say “With a worldwide patent pending award and such esteemed investors on board, we believe this is the impetus needed to bring real rural electrification solutions to market in a scaleable, cost-effective way.”

About RVE.SOL
What the internet did for mankind, Penicillin did for disease, we will do for rural poverty. We are a triple bottom line social entrepreneurship using renewable technology to eradicate poverty, create jobs and empower businesses in rural Africa. We believe that everyone should have access to affordable, reliable, sustainable energy and potable water to help improve their quality of life. Our unique, worldwide patent-pending solution KUDURA can be customized and scaled for rural villages, schools, clinics, factories, commercial businesses and private residences. For more information visit www.rvesol.com. To purchase a KUDURA unit please email info@rvesol.com

About RKW Holdings
RKW is a family holding participating in sustainable projects and ventures. With our roots in electrical panel building (Penders & Vanherle www.pnv.be), we are now extending our horizon and are active in a range of sectors from renewable energy, smart grids, clean air technologies to gaming. We are actively searching for new opportunities.

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’s shareholders are 27 top European players including companies, research institutes, universities and business schools. 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.

Where to find RVE.SOL
Twitter: @rvesol, www.twitter.com/rvesol
LinkedIn: https://www.linkedin.com/company/rve-sol---solu-oes-de-energia-rural-lda
Facebook: www.facebook.com/changingrurallifeforever
YouTube: http://www.youtube.com/user/CRLFRVESOL

Media Inquiries
Maria Burpee
RVE.SOL Marketing Director
maria@rvesol.com
Tel. +351 915292211
Contact Information
SoluÁoes de Energia Rural Lda
Maria Burpee
+1 (512) 481-7484
Contact
www.mariaburpee.com

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