Nigerian startup Reeddi sells solar-powered batteries at corner stores

At a corner retailer in Lagos, Nigeria, when somebody stops by to choose up groceries, they’ll now additionally hire a conveyable battery that has been charged with solar energy. It’s a crucial software in a metropolis the place the facility can exit a number of occasions a day, and many individuals depend on costly, loud, and polluting diesel mills.

“Our purpose is to make power entry as simple as shopping for milk,” says Olugbenga Olubanjo, CEO of Reeddi, the startup pioneering the brand new service. Prospects pay a small charge to hire a Reeddi “capsule” for a day, after which can use it to plug in lights, cellphones, laptops, followers, or different units. As a result of the batteries are modular, a number of capsules will also be linked collectively to supply additional energy as wanted. When the facility runs out, they create the battery again to be recharged, and may decide up one other.

[Photo: Reeddi]

It’s a technique to make solar energy extra inexpensive for individuals who can’t simply afford the upfront value of putting in photo voltaic panels, he says, or individuals who stay in flats and don’t have entry to a roof. As a result of the capsules are transportable, it’s additionally attainable to hold them between work and residential.

Within the first system arrange at the corner retailer, the startup collects the used capsules and recharges them with solar energy at a separate location, protecting a contemporary inventory at the shop. However the firm’s future mannequin might be to put in photo voltaic panels instantly on the roofs of corner stores, so prospects can insert the capsules again in a solar-connected merchandising machine that can mechanically recharge them and dispense one other.

The corporate plans to develop throughout Nigeria after which launch in different elements of Africa and Southeast Asia, the place massive percentages of rural populations nonetheless haven’t any electrical energy at all. It might get a lift from the Earthshot Prize, a contest that not too long ago chosen the startup as a finalist within the working for 1 million kilos ($1.36 million) in funding.