Efficiency in Solar Financing: Paving the Way for Distributed Projects

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Recording of Wednesday, June 19, 2024 | The smarter E Europe 2024 | Conference Program | Language: English | Duration: 14:44 .

Odyssey Expands Digital Ecosystem to Accelerate Distributed Renewable Energy Project Development Globally

Odyssey is a U.S.-based for-profit company, operational for seven years, dedicated to accelerating distributed renewable energy (DRE) projects through digital solutions. They position themselves as an ecosystem supporting DRE initiatives by connecting financiers, original equipment manufacturers (OEMs), and project developers. Their primary clients include concessional financiers such as the World Bank and commercial banks. Originally focused on creating digital platforms for financing mini-grid projects, Odyssey has expanded its offerings to support not only planning and forecasting but also the construction phases of these projects. This includes tools that enhance transparency in capital deployment and remote monitoring capabilities which facilitate international standards compliance. Their flagship initiative involves a $500 million project under Nigeria's rural electrification program with the World Bank, showcasing their ability to provide end-to-end solutions from funding origination to completion tracking. Additionally, they have partnered with major financial institutions like those in South Africa to replicate similar models aimed at ensuring cost visibility and technical standard adherence across supply chains globally.

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Justin Tinsey
Vice President, Procurement Solutions
Odyssey Energy Solutions
United States

In the session, the role of digital tools and innovations in scaling up energy access was discussed.

Speaker

Noara Kebir
Senior Managing Consultant
MicroEnergy Consulting
Germany

To Talk

Speaker

Philipp Waigel
Advisor
GIZ - Deutsche Gesellschaft für Internationale Zusammenarbeit
India

Dr. Philipp Blechinger
Head of Unit Off-Grid Systems
Reiner Lemoine Institut gGmbH
Germany

To Talk

Speaker

Veit Goehringer
Advisor
GIZ - Deutsche Gesellschaft für Internationale Zusammenarbeit
India

To Talk

Speaker

Josef Hermann
Independent Energy Consultant
Germany

To Talk

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