Sigora in the News

6-stage Deployment of a Sigora Microutility

  1. Development: Sigora performs the community assessment, negotiates and executes a legal contract with the community, and develops a generation, transmission and distribution power plan.

 

  1. Financing: Sigora raises sponsor equity and leverages structured project debt for entire community clusters of min. 5,000 people (~1000 customer accounts) per grid.

 

  1. Construction: Solar plants, wind turbines, transmission lines and customer installations are all carried out by the microutility to reduce costs, and control the quality and time-frame of installation.

 

  1. O&M: The Sigora Microutility provides 24/7 operation, scheduled maintenance, and on-call outage response carried out by skilled local technicians.

 

  1. Utility Services: Revenue is collected using Sigora’s prepaid software-regulated demand control metering technology. Payments can be made through local network of Sigora kWh vendors, online from outside the country, and directly via mobile money payments.

 

  1. Investor Return: The scaled deployment, exclusive service areas, reduction of connection costs and ability to collect maximum revenue for energy sold makes this a commercially viable business model and enables us to generate investor return, scale, and replicate.