Across energy poor areas in Africa where access to electricity is unstable, many families use diesel generators to generate electricity for home use. However, such generators emit polluting fumes containing carbon dioxide as a bi-product of burning diesel. The founder of Reeddi engineered a solution to tackle this problem; the Reeddi capsule is a power bank which can be recharged via solar or grid power, and can be rented by individuals for as little as 50 cents per day. The capsules are able to power household appliances, or the needs of small workshops or businesses. Though too expensive for most individuals on low incomes to buy, the cheap rental price enables families or businesses to access clean energy at an affordable rate. The capsules are then returned to the borrowing point where they are taken to be recharged at a solar facility, with the capsules taking just 5 hours to recharge. They are monitored and tracked by the business, meaning that when they are close to the end of their lifecycle (of up to 5 years) they can be collected and re-purposed for re-use, with the Lithium ion cells used for static grid electricity storage. This removes the issue of waste disposal of the unit, and allows for upcycling. Reeddi research indicates that 160kg of CO2 emissions per person per year could be saved if an individual switched from a diesel generator to a Reeddi energy capsule. The future vision of Reeddi is to install a series of energy vending machines that would allow for collection, return and recharging of the capsules across West Africa. The sharing economy model of renting the capsules, coupled with their portable nature and clean energy provision, make this solution innovative.
Presented by: Olugbenga Olubanjo, CEO of Reeddi
Reeddi capsule