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PowerGen Renewable Energy
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Developer of renewable powered micro-grids for off-grid areas

Founded in 2011
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Kenya Nairobi, Kenya
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Updated by Sam Slaughter at PowerGen Renewable Energy on 03/18/2015

Edited by Cleantech Group on 11/04/2019

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Date Investors Type Amount
11/04/2019 Shell Ventures Shell Ventures , Sumitomo Corporation Sumitomo Corporation , Omidyar Network Omidyar Network , Acumen Fund Acumen Fund , EDFI ElectriFI EDFI ElectriFI , DOB Equity DOB Equity , Microgrid Catalytic Capital Partners Microgrid Catalytic Capital Partners (7)
Post-money valuation of
Funding will be used to build out its presence on the ground, but not for project finance. Shell and Sumitomo pair will have a combined ownership of 15%. Shell will get a seat on the board, with Sumitomo taking an observer seat. Financial details of the round were not revealed.
Series B
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