Fluidic Energy signed a MoU with the government of Madagascar to collaborate on the provision of renewable energy-based turn-key mini-grid solutions to 100 remote villages and communities with more than 400,000 people who currently do not have access to reliable electricity.
The village mini-grid systems deployed will utilize more than 7.5 MWp of photovoltaic panels, 45 MWh of Fluidic Energy Advanced Energy Storage products, connections and pre-pay billing systems. The project will provide reliable and clean electricity for the first time to more than 400,000 people in rural areas of Madagascar. This is one of the largest off-grid rural electrification projects on the continent of Africa, and demonstrates the commitment of the Madagascar’s government to increase the national electrification rate and bring reliable energy access to all populated areas of the country.
"This project further demonstrates Fluidic Energy’s position as a global energy storage leader," said Steve Scharnhorst, CEO of Fluidic Energy. "This type of rural electrification project is an outstanding example of how Fluidic Energy and our partners can impact the communities and people we serve. Not only are we positively impacting the lives of more than 400,000 people by providing a stable source of renewable based energy, we are also creating sustainable jobs, education, and opportunities in the communities impacted."
As the project leader, Fluidic Energy will supply the energy storage systems including its integrated smart grid intelligence, as well as overall project management. Furthermore, and in partnership with Henri Fraise Fils & Cie, Fluidic Energy will explore the opportunity for setting up manufacturing infrastructure in Madagascar to support the project, creating jobs, stimulating economic growth, and maximizing local content.