Bringing Clean Energy to African Businesses

Imagine trying to run a small business without a constant supply of energy. With electricity intermittency, you may not have access to wifi, a phone, a computer, a way to service your customers and more. One way to solve this problem is to have constant access to fossil fuels to run diesel generators, but this is an expensive and dirty way to operate, creating unsustainable costs for the business and the planet.

Enter I-G3N, a South African company specializing in the design and production of advanced lithium-ion battery storage solutions for residential, commercial, and industrial applications. Their batteries provide reliable, cost-effective energy storage to support renewable energy systems, reduce reliance on unstable grids, and address load-shedding challenges in South Africa. By enabling more effective use of solar and other renewable power sources, I-G3N plays a critical role in promoting energy independence, reducing carbon footprints, and fostering sustainable economic growth in a region where access to consistent power is a pressing need.

In this episode, we talk with I-G3N CEO and co-founder Sydney Phakathi about why he started the company, how he's navigated and funded running a start-up in South Africa—including having him and his co-founders not taking a salary for nearly a year—and what kind of an impact the company's making today.

Discussed in this episode

• Sydney recommends reading Unfair Fight.

• Standard Bank backs I-G3N in pioneering local battery production amidst energy challenges

• I-G3N secures R20m investment

• More on the renewable energy sector in Africa.

More about Sydney Phakathi

Sydney Phakathi is the CEO and co-founder of I-G3N, a South African company specializing in lithium iron phosphate (LiFePO4) batteries for energy storage. With a focus on addressing South Africa's persistent energy challenges, I-G3N provides scalable battery solutions for homes, businesses, and industrial applications. Sydney, alongside his co-founders, has driven the company's growth from its establishment in 2018 to a critical player in the renewable energy sector, emphasizing local manufacturing to mitigate the reliance on imports. The company has expanded its reach to other African markets, aiming to provide affordable and reliable energy solutions amid widespread power outages. Under his leadership, I-G3N has also championed youth empowerment, employing a predominantly young workforce and offering on-the-job training.