M-KOPA Solar was announced the winner at the on going Abu Dhabi Sustainability Week 2015, entitling them to a cash prize of $1.5 million. This achievement makes M-KOPA the first company from sub-saharan Africa to be awarded the Zayed Future Energy prize.
M-KOPA Solar’s Managing director and co-founder, Jesse Moore indicated that the company will use the cash prize to kickstart a technical and business skill program called M-KOPA University for its employees, sales agents and partners.
According to Jesse Moore, “we are honoured to win the Zayed Future Energy Prize. The prize brings global attention to M-KOPA Solar’s business model, which has brought clean, affordable solar power to 150,000 homes in East Africa in less than three years. We believe that the ‘wireless energy’ revolution is just beginning and that M-KOPA Solar will soon power millions living off the grid”.
Named after the late President of the United Arab Emirates, Sheikh Zayed bin Sultan al Nahyan, Zayed Future Energy prize is awarded to organizations that impact the society through renewable energy.