CrossBoundary Energy is a renewable energy company that develops and finances solar projects in Africa. The company is based in Kenya and has been operating since 2015. CrossBoundary Energy is a subsidiary of CrossBoundary, a frontier market investment firm that focuses on unlocking capital in emerging markets.

CrossBoundary Energy's mission is to accelerate Africa's transition to a clean energy future by providing reliable and affordable solar power to commercial and industrial customers. The company's business model is based on a power purchase agreement (PPA) structure, where customers pay a fixed rate for the electricity generated by the solar panels installed on their premises. This allows customers to benefit from clean energy without the upfront costs of installing and maintaining solar infrastructure.

CrossBoundary Energy's solar projects range from small rooftop installations to large ground-mounted systems. The company works with a network of local partners to identify potential customers and design customized solar solutions that meet their energy needs. CrossBoundary Energy also manages the construction and operation of the solar projects, ensuring that they are built to the highest standards and operate efficiently.

One of CrossBoundary Energy's flagship projects is a 1 MW solar installation at Africa Logistics Properties' (ALP) warehouse in Nairobi, Kenya. ALP is a leading provider of modern logistics facilities in Africa and was looking to reduce its energy costs and carbon footprint. CrossBoundary Energy designed and financed the solar project, which now provides 30% of ALP's electricity needs. The project has reduced ALP's energy costs by 20% and avoided 1,200 tonnes of CO2 emissions per year.

CrossBoundary Energy has also developed solar projects for other commercial and industrial customers in Kenya, including Unilever, Williamson Tea, and Bata Shoes. These projects have helped these companies reduce their energy costs and improve their sustainability performance.

In addition to developing solar projects, CrossBoundary Energy is also involved in policy advocacy and market development activities to promote renewable energy in Africa. The company has been working with governments and regulators to create an enabling environment for renewable energy investment and deployment. CrossBoundary Energy has also been partnering with other stakeholders to develop innovative financing solutions for renewable energy projects, such as green bonds and impact investment funds.

CrossBoundary Energy's success in developing and financing solar projects in Africa has been recognized by the industry. The company has won several awards, including the 2019 African Utility Week Industry Award for Innovative Service of the Year and the 2018 Global Energy Award for Distributed Energy Project of the Year.

CrossBoundary Energy's impact goes beyond providing clean energy to its customers. The company's solar projects create local jobs and contribute to economic development in the communities where they are located. The company also supports education and training programs to build local capacity in the renewable energy sector.

In conclusion, CrossBoundary Energy is a leading renewable energy company in Africa that is accelerating the transition to a clean energy future. The company's innovative business model and customized solar solutions have helped commercial and industrial customers reduce their energy costs and improve their sustainability performance. CrossBoundary Energy's policy advocacy and market development activities are also contributing to the growth of the renewable energy sector in Africa. The company's impact goes beyond providing clean energy and extends to creating local jobs and supporting economic development in the communities where it operates.