Solynta Energy

Solar Power Proposal For The Residents

of Lagos Homes

Plot 5, Yesuf Abiodun Street,

Oniru, Victoria Island, Lagos
01 280 9347 / 0909 894 4695
Table of Contents
Nigerian Power Sector Background 3
Solar Power Potential 4
About Solynta 5
Our Proposal 8
What We Power 9
Financials – Package Prices 10
Some of Our Installations 11
Our Management Team 13
Contact Us 17

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Nigerian Power Sector Background

NIGERIA
- 68% of homes receive less than 6 hours of power daily
- $11.7bn spent annually on fuel for generators

THE POWER SITUATION

Installed
Transmission Average Grid Generators In
Generator
Capacity Transmission Use Daily
Capacity
5GW 4GW 45GW 60 Million
Solar Power
Potential
• Nigeria has the lowest per capita
energy supply in the world
• Current power deficit of 185GW
• Significant Solar Power potential
due to very high solar irradiation
• Cost of Solar Energy is 10% or less
of running generators
• Low / No maintenance costs
• Elimination of noise and air
pollution
• Removing 395 billion kilograms of
Co2 emissions from the air every
year

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 About Solynta
• Solynta Energy is Nigeria’s leading
provider of Urban Residential and SME
Solar Home Systems
• 1.5MW of distributed Solar installations
across 22 states in Nigeria
• Operationally profitable, with
significant growth potential
• Commenced operations in April 2013
• Offer a comprehensive service including
system design, installation and
maintenance.
• Pioneers of the Pay As You Go solar
product for the urban residential
market, bridging the initial cost
affordability gap
• Projecting 15 million installations by the
end of 2027
Simple Installation

Contact Assessment & Contract & Installation

Us Quotation Payment 14 days

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 Responsive Repair

Customer Service 48 Hour On Site

Team Response 72 Hour Repair Twice Annual
Maintenance Check

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 Our Proposal

• To provide uninterrupted 24 hours power to the

homes of all residents in Lagos Homes Estate
• Displace the use of their generators
• A wide choice of affordable payment plans to suit
every budget
• Solar Home System’s between 500W to 5KW
available
 What We Power

System Size Appliances Powered

500W LED Lights, Fans, TV, Gadgets

1KW Small Fridge, Lights, Fans, TV, Sound System, Gadgets

2KW Large Fridge, Fans, Lights, TV, Sound System, Water Pump,
Gadgets
3KW Large Fridge, Fans, Lights, TV, Sound System, Water Pump,
Washing Machine, Microwave, Gadgets
4KW Large Fridge, Fans, Lights, TV, Sound System, Water Pump,
Washing Machine, Microwave, Deep Freezer, Gadgets
 Financials – Package Prices
Payment 500W 1KW 2KW 3KW 4KW
Plan

2 Year Deposit N168,438 N336,875 N673,750 N926,100 N1,157,625

Lease Plan
Monthly N13,033 N26,068 N52,135 N71,663 N89,578
Payment

5 Year Pay Deposit N87,500 N168,500 N337,500 N475,500 N594,500

As You Go
Monthly N12,995 N23,995 N47,995 N66,995 N79,995
Payment

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Some of Our Installations & Testimonials
‘’As a software engineer, one of the must-have facilities is constant supply of power. I
really don't know why it took me this long to realize what solar installation has to offer.
Solynta Energy has proven to be ahead in this game, I salute their professionalism from
the initial discussion to installation at my home. Thanks guys.’’

"Best decision ever! Fuel costs reduced drastically and hardly any need to turn on my
gen to charge the batteries! Monthly payments are really easy on the pocket and having
24-hour electricity is just amazing! Many thanks for making it affordable for those who
would not have been able to drop that huge lump sum at a go!"
Some More Installations
SOLYNA ENERGY MANAGEMENT TEAM Lagos Island, Lagos

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 Founder & CEO Profile

Uvie Ugono | Founder & CEO, Solynta Energy

 An alumnus of Goldsmiths University of London, Uvie is a Chartered Accountant with

extensive experience of Investment Advisory, Project & Export Finance, Alternative
Energy, Economics, and Board Management.

 Professional experience gained at:

• HSBC Bank | Lehman Brothers | Standard Chartered Bank | BDO Stoy Hayward

 A serial entrepreneur with a range of businesses including online recruitment, motoring

platforms, and alternative energy.

 Founder and CEO of Solynta Energy, Nigeria’s leading Solar Power company with 2MW
installed capacity across 17 States in the country.

 Successfully led Solynta Energy from a small smart-up enterprise into an organisation
with over 30 administrative and technical staff generating sales revenue in excess of
US$1.5million per year, within the first 4 years of operation.
(c) Solynta Energy 2017 14
 CFO Profile

Raj Gopal Purwar| CFO, Solynta Energy

 A qualified professional (ACA, ACS, LLB) with strong commercial acumen gained
through substantial 23 years of experience in FMCG / Manufacturing / Construction/ Infra
Companies; performed senior-level leadership roles (CFO/ Vice President) in last 10
years and also involved in the area of Strategy & Planning, revival of the business.

 As CFO and guiding force for cost optimization team, has successfully managed and
delivered various cost optimization and cost reduction projects. A prominent member of
the Purchase Committee in the various Companies.

 Worked as “Compliance officer” of a listed Company.

 Work experience spanning 2 continents, teams comprising of individuals from over 10

countries of the world.

 Apart from various tax planning strategies , new system implementation involved in
designing control for a big fleet of vehicles and toll operation, restructuring of loan and
balance sheet, expert in financial and legal due diligence .
(c) Solynta Energy 2017 15
 COO Profile

Chidi Ugboaja | COO, Solynta Energy

An alumnus of Federal University of Technology Owerri and University of Cumbria

United Kingdom, Chidi is an Engineer with extensive experience in the Oil and Gas
Industry.

As a Project Manager, successfully managed and delivered multibillion dollar projects,
most of them virgin.

Work experience spanning 4 continents, teams comprising of individuals from over 80

countries of the world – that is what it takes to develop a good understanding of the
impact of culture on business as well as Technology on lifestyle as Chidi has.

Deep understanding of the renewable energy space, that is ideally suited to drive the
operations of the business from start up to scale

An MBA in leadership and sustainability combined with an Engineering degree in

Electronics and computer Engineering provides the unique ability to manage and execute
the delivery and installation of equipment on a distributed basis, and at scale
(c) Solynta Energy 2017 16
Contact Us
Solynta Office:
Second Floor
Plot 5 Yesuf Abiodun Street Oniru, Victoria Island
Lagos, Nigeria

Telephone: 01 280 9347 / +234 (0) 909 894 4695

Website: www.solyntaenergy.com
Email: uvie.ugono@solyntaenergy.com
solar@solyntaenergy.com

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