Strategic partnership with Shell Foundation, to accelerate access to energy through testing and demonstrating innovative enterprise-led solutions.
Department for International Development (DFID) and the UK-registered charity, Shell Foundation (SF), are collaborating to further their mutual objective of accelerating global access to modern energy services for low-income households and small businesses through the Transforming Inclusive Energy Markets Approach (TIME) partnership. This partnership will deploy £60m over 5 years, of which half of this funding (£30m) will be contributed by SF. The programme provides grants and repayable grants to enterprises who are creating innovation within the Access to Energy sector and who are working to expand into new, underserved markets in Sub Saharan Africa (SSA).
SF works to identify barriers and opportunities in the Access to Energy market by:
This approach is informed by and builds from Shell Foundations lessons learned during 18 years in supporting the Access to Energy market. This approach will accelerate the impact of individual enterprises by backing credible management teams and business plans. Such support will grow these enterprises far more quickly than they would without DFID/SF support. Supporting platforms and intermediaries will amplify the scale that can be achieved when compared with backing individual enterprises alone.
Read more about the Partnership Structure
Support is provided in 4 main categories:
BBOXX is a UK-based company that designs, manufactures, distributes and finances solar energy systems to improve access to energy across the developing world. We have supported BBOXX’s entry into the Democratic Republic of Congo, which has an electrification rate of just 8%. The success of early pilots has led to BBOXX signing a contract with the DRC Government to connect 2.5m people by 2020.
Aceleron is an innovative, UK-based start-up, piloting battery assembly technology that repurposes batteries from equipment in developed markets – including laptops and electric vehicles that would otherwise be discarded – to be used in the off-grid sector as storage or power sources. Our support is positioning their business to keep up with the growing demand for lithium batteries, set to increase by more than 500% by 2020.
Read more about SF insights and case studies