Fedho Power Solution PLC

Company Description

Fedho Power Solution PLC is an Ethiopian clean-energy company developing locally manufactured hybrid power generators that combine solar and grid charging. Through its FP Generators, the company delivers reliable, affordable, and environmentally friendly electricity solutions for homes, businesses, schools, and rural communities, supporting Ethiopia’s transition to sustainable energy.

Team

Fedho Power Solution is led by its co-founders, Fedesa Shuma (CEO) and Henok Amanuel (CTO). The leadership team combines strategic vision with strong technical expertise in engineering and product development. They are supported by a multidisciplinary team covering human resources, finance, production, installation, and after-sales services. This structure enables end-to-end delivery, from generator assembly and quality control to installation, maintenance, and customer support.

Countries of Operation

Ethiopia

Ownership of Company

Local Company

Number of years since incorporated

1 year

Stage

Growth stage

Annual Revenue (in EUR)

EUR 100,000 – 250,000

Number of employees

11–50

Project Pitch

Fedho Power Solution PLC is scaling the production of FP Generators—silent, fuel-free hybrid power systems designed for Ethiopia’s energy context. The technology integrates solar and grid charging with intelligent power management, offering uninterrupted electricity at significantly lower operating costs compared to diesel generators.

The business model is based on local manufacturing and sales of hybrid generators, complemented by solar installation packages, after-sales services, and long-term maintenance agreements. This approach reduces energy costs for users while improving access to dependable power in urban, peri-urban, and rural areas.

Operations include local assembly, battery integration, testing, customer training, and deployment of systems for households, businesses, institutions, and community infrastructure such as mini-grids and water-pumping installations. By leveraging local skills and sustainable technology, the project creates jobs, supports critical services such as education and healthcare, and contributes to Ethiopia’s clean energy transition.

Total Project Cost (in EUR)

EUR 750,000

Financing needs (in EUR)

EUR 3,202,242.76

Type of financing needed

Equity; Grant

Planned allocation of fundraising capital

Greenfield (new activity for the company); Expansion (expanding an existing activity)