ICE Solar

ICE Solar Commercial Power Ltd is a Nigerian climate technology company aiming to transform energy access for micro MSMEs through its innovative ‘Ignite’ market intelligence approach and ‘Catalyst’ platform. The company deploys rooftop solar systems to commercial plazas, offering electricity-as-a-service via monthly subscriptions. The company partners with universities to upskill and employ local young people for market analysis and site identification, particularly in underserved peri-urban and rural communities in the Niger Delta region. With funding from PREO, ICE Solar plans to refine its business and financing model, and expand it’s operations. This scalable approach, leveraging blended finance strategies and long-term subordinated debt instruments, not only addresses local energy needs but also promotes local employment and sustainable development in Nigeria.