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Project Summary

SEESA sells solar home systems to rural households in El Salvador. In operation for over 20 years, SEESA’s business is focused in the capital city of San Salvador through its main office and two branches located in Santa Tecla and Soyapango. The most common products that SEESA offers are the 75W, 85W and 125W solar home systems, which are the most cost effective for its clients -- generally rural families and small industries. In addition to offsetting about 5,000 tons of carbon dioxide emissions, SEESA hosts a weekly radio program called “Energías Limpia” (Clean Energies) to educate consumers on the benefits of solar power and the need for clean energy.

Issues

Solar power is a logical source of energy particularly in tropical countries that have low national electrification rates. It can be difficult, however, to establish small solar photovoltaic companies because they are capital intensive, requiring large stock inventories to supply inconsistent demand and avoid shortages.

Progress To-Date

To provide working capital for additional inventory and to back its expansion plans, E+Co made a US$220,000 loan to SEESA in 2007. Before investing, E+Co staff assisted the company in developing and implementing its expansion plan, which includes opening additional branches, employing more technicians and solidifying its administrative and accounting practices.

[]Links to More Information
SEESA's project page on E+Co's website
 
[]Project Contacts
Meredith Elliott
E + Co
383 Franklin Street
Bloomfield, NJ, US, 07003
+1.973.680.9100
 
 
Categories
 

Conservation

Conserve species, ecosystems, and water

 

Energy

Providing power for a sustainable future

 

Environment

Reduce and adapt to climate change

 

Society and Culture

Improve the health and well-being of people