Ghanaian startup Kofa is set to expand its innovative battery swapping network thanks to a significant $8 million investment.
The funding, secured in partnership with PASH GLOBAL, a leading impact investor, will enable Kofa to deploy more battery stations and batteries across the country.
A key component of the investment is a £2.35 million commitment from the Shell Foundation, co-funded with the UK Government through its Transforming Energy Access (TEA) platform.
This funding will support the expansion of Kofa’s network to explore new markets, such as Kenya and Togo, and its research into the impact of its multi-use battery technology.
Kofa’s battery swapping system offers a cleaner alternative to petrol generators, providing backup power solutions for urban areas.
By replacing polluting generators with electric batteries, Kofa aims to reduce air pollution and create more sustainable cities.
Additionally, the expanded network will decrease reliance on petrol-powered motorcycles, contributing to a greener urban environment.
The project targets the deployment of 6,000 batteries and up to 100 swap stations across Ghana. This multi-use, climate-resilient model is specifically designed for urban settings and aims to achieve economies of scale by linking operators and introducing interoperability.
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By lowering costs and enhancing service reliability, Kofa hopes to make clean energy more accessible to a wider range of customers.
Kofa’s mission is to create an affordable, sustainable, and customer-driven electricity network. The company’s battery swapping stations provide a convenient and efficient way for customers to access clean energy without the need for costly wires or legacy infrastructure.
This investment is a significant step forward for Kofa and for the development of clean energy in Ghana.
By expanding its battery swapping network, Kofa is helping to create a more sustainable and resilient energy future for the country.
Introducing Kofa Swap & Go: A Greener, More Convenient Future
Designed to cater to a wide range of high-energy demand applications, from electric vehicles to home and business off-grid and backup power, Kofa batteries offer a sustainable and efficient energy solution.
The Power of Kofa Swap & Go
At the heart of Kofa’s solution is the Swap & Go network, a city-wide network of battery swap stations that provides accessible green energy without the need for wires and cables.
Starting in Accra and expanding rapidly across Africa, this network is changing how people access and use energy.
Key Features of the Kofa App
- Flexible Access Options:
- Pay-Per-Swap: Enjoy the convenience of paying only for the swaps you make.
- Monthly Subscription: Benefit from potential cost savings with a recurring subscription.
- Tailored Plans: Choose an option that aligns with your energy applications, usage, and budget.
- Real-Time Battery Availability:
- Stay Informed: View battery availability at every swap station in real-time.
- Plan Your Routes: Optimize your journeys based on battery availability and station locations.
- Comprehensive Fleet Management:
- Centralized Control: Manage your Kofa-powered fleet effortlessly from the Kofa Fleet Platform.
- Rider Management: Oversee your riders’ Swap & Go access and usage.
- Cost Tracking: Monitor fleet purchases and running costs for efficient operations.
Lightweight, Versatile, and Convenient
Kofa’s lightweight, properly designed batteries are compatible with a variety of applications, including transportation, off-grid power supplies, electronic tools and appliances, and as backup power for shops, offices, and homes.
With a simple app-based access service, users can conveniently swap depleted batteries for fully charged ones in seconds at any Kofa Swap & Go station.
Kofa’s advanced network monitoring ensures a constant supply of fully charged batteries at all locations.
A Subscription Service for Your Energy Needs
The Kofa Swap & Go Network offers a subscription service that provides users with access to fully charged batteries on demand, ensuring that green, reliable energy is always within reach.
With an ever-growing network of swap stations, Kofa is making it easier than ever for individuals and businesses to adopt sustainable energy solutions.
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Key Features of the Kofa Swap & Go Network
- Flexible Access Options: Choose from pay-per-swap or monthly subscription plans to suit your energy needs and budget.
- Convenient Swap Stations: Locate battery availability at every swap station and plan your routes easily.
- Fleet Management Tools: For businesses with Kofa-powered vehicles, manage your fleet efficiently through the Kofa Fleet Platform.
Kofa Kore2 Battery: Your Portable Powerhouse
Experience the future of wireless energy with the Kofa Kore2 Battery, a cutting-edge solution for convenient, on-demand green power.
Building on Success
As an upgrade to the popular Kore1, the Kore2 offers even more impressive features:
1. Power Unleashed: With a 20% increase in capacity, the Kore2 delivers extended power for your vehicles, appliances, and more. It’s still incredibly portable, making it easy to take with you wherever you go.
2. Smart Connectivity: Kofa’s proprietary IoT technology keeps you connected to your battery. Track its speed, location, state of charge, temperature, and other vital information in real-time for enhanced security and peace of mind.
3. Safety First: From certified cells and structures to remote temperature monitoring, the Kore2 prioritizes safety, ensuring you have access to the most reliable batteries on the market.
4. Battery-as-a-Service: Enjoy the benefits of the Kore2 without the upfront costs, maintenance, or disposal issues. Kofa’s battery-as-a-service model makes it easy to access and use.
Key Specifications:
- Capacity: 2.3 kWh
- Cells: Lithium-ion
- Weight: 16 kg
Expanding Access to Clean Energy
Kofa’s commitment to expanding energy access in Africa is evident in its ambitious plans to deploy 6,000 batteries and up to 100 swap stations across Ghana.
By ensuring that energy is accessible anytime, anywhere, Kofa is promoting the transition to clean energy and the large-scale adoption of electric vehicles in the region.
Kofa’s innovative mobile and web app offers a seamless battery swapping experience, putting actionable information right at your fingertips.
A Brighter Future for Africa
Kofa’s innovative approach to energy access is paving the way for a greener, more sustainable future for Africa.
By providing reliable, affordable, and accessible energy solutions, Kofa is empowering individuals and businesses to make a positive impact on the environment while improving their quality of life.
Already a Kofa user? Download the app now and experience the future of battery swapping.
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