We offer:

• Battery–as–a–Service (BaaS): Providing lithium and other new
generation industrial battery technology, with financing, installation,
maintenance, monitoring and lifecycle management under long–term
contracts.

• Battery Lifecycle Management: Extending battery life through
predictive maintenance, performance optimisation,
refurbishment/repurposing and responsible recycling.

• Battery Energy Storage Systems EPC / O&M solutions: Through a
traditional capital expenditure model, we can also design, engineer,
procure and commission industrial batteries for your needs as well as
providing monitoring, maintenance and energy management
solutions.

Our target markets include countries across Africa, the Middle East, and
South Asia, with ongoing projects in Nigeria and projects under development
in Burundi, Rwanda and Kenya.

We only service the commercial and industrial sectors currently.

Subject to the needs of the client, Circular Energy has capabilities to offer
solar power generation (on a behind–the–meter basis), however, this will be
reviewed on a case–by–case basis. Our preferred approach is to work with solar
developers and offer Battery–As–A–Service only.

The pricing mechanism will likely have two components:

• A fixed charge for availability: similar to a capacity charge in a Power
Purchase Agreement (PPA), this is mainly charged to ensure availability
of the power backup source at all times and is likely to cover most of the
large fixed cost items including financing.

• A cycling or variable charge for throughput: the degradation of a
battery is heavily determined by the number of times it has been
cycled. Hence where cycling of the battery occurs more often than
what has been assumed in the base case requirements for that site, an
additional cycling charge, (subject to the prescribed depth of
discharge) will be levied to cover the reduction in the battery’s
estimated useful life.

We embed sustainability by maximising battery lifespan, implementing
refurbishment (or repurposing) prior to responsible recycling on all our
contracts. Furthermore, by providing affordable energy solutions that reduce
reliance on diesel generators we minimise carbon emissions.