PowerErn
Financial Services - Dubai, Dubai, United Arab Emirates
PowerErn Employees
PowerErn Details
PowerErn, a crowd-investing model for financing solar energy solutions provides electricity to high-impact communities & institutions that cannot bear the upfront costs, while delivering a financial return for investors through a buy-to-lease solar asset ecosystem. PowerErn is a platform where anyone in this world can purchase even a single solar cell costing less than 10$, earning a ~10-15% IRR passive income, leasing these cells to high impact communities and institutions at optimal places, giving them a solar plant at no upfront cost and lowering their energy bills. Today, the world has entered a phase of grid parity, where solar is no longer expensive than fossil fuels, however most people still can't access it due the high-capital investments. Our Mission is to reach hundreds of millions in the hottest areas of the world, who still don't have access to electricity. The innovative financial tools we have developed enable us to bring a global community together to drive sustainable energy development and make the environmental, social and economic benefits of solar power accessible and affordable for all.
