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11.05.2022

Innovation competition on decentralized energy solutions in Ethiopia; final pitching event

In the final pitching event for the Innovation Competition of Decentralized Energy Solutions on 11th May 2022, the 10 finalists that were selected through a rigorous process by an outstanding jury consisting of national and international members from the sector will pitch their innovative business ideas.

The event at the Hyatt Regency Hotel Addis Ababa will be attended by distinguished guests from the energy sector. After the pitch competition, winners will be selected based on expert reviews and an online voting system that ensures full anonymity, based on the innovativeness, environmental impact and climate change, the economic viability and the gender and social impacts the ideas bring forward. The three winners will be selected and announced at the final of the event, where they will also receive their awards and certificate of appreciation.

The Innovation Competition was launched December of 2020, aimed at fostering a secure and sustainable supply and utilization of energy. It recognizes the importance of the participation of the private sector in promoting renewable energy and energy efficiency as a key factor in the effort towards energy transition. This GIZ implemented competition is made possible through the support of the Ministry of Water and Energy (MoWE) and Federal Ministry for Economic Affairs and Climate Action (BMWK).