Solar Water Solutions, a Finnish company that has developed technology to purify dirty water into drinking water with the help of solar power, is partnering with Dutch investment management company Climate Fund Managers. The co-operation's plan is to finance and install 200 water purification units in Kitui County, Kenya.
The project aims to create drinking water from brackish ground water in Kitui with the help of Solar Water Solutions technology. The target is to be able to provide clean water to 400,000 Kenyans by 2023. The currently piloted project’s value is estimated to be up to $15M (ca. €12M).
“Through this partnership with CFM and locally with Kitui County and Epicenter Africa, we can together revolutionize access to safe affordable water in rural Kenya. This project marks a breakthrough in solar-powered water infrastructure. It wouldn’t have happened without the four key elements: A sustainable technology that brings down the cost of clean water, access to finance with a leading institutional investor, local partners and a market-based business model”, said Antti Pohjola, CEO of Solar Water Solutions, in the company's press release.
Solar Water Solutions raised €1.2M on Invesdor.com in May and June 2020. Invesdor congratulates the SWS team on the new pilot project! You can read the full press release from Solar Water Solutions and Climate Fund Managers in English here and in Finnish here.