Virtuitis Solaris

Company Description

Virtuitis Solaris (VS), is a clean energy and energy infrastructure company focused on delivering sustainable power solutions across the Continent & other emerging markets. The company provides integrated renewable energy solutions for residential, commercial, and industrial customers, helping to reduce the levelized cost of energy, eliminate grid instability and the use of diesel-powered generator sets across all strata of the economy Beyond its core solar energy solutions for Residential, commercial and industrial solar solutions, and decentralized mini-grids, Virtuitis Solaris has expanded into the electric mobility ecosystem through the deployment of electric vehicles (EVs) and EV charging station infrastructure. This strategic expansion supports the transition toward cheaper transportation and cleaner fuels helping to reduce the cost of mobility on the Continent for Africans. Today the average cost of transportation for the average Nigerian is 4 or 5 times the cost of driving EVs due to the high cost of fueling in the Country, the devaluation of the Naira and overall high cost of living. As such the cost of transportation is extremely expensive in Country. VS EV seeks Through innovative financing models, strategic partnerships, and a nationwide network of technical and distribution partners, Virtuitis Solaris delivers end-to-end services from system design, procurement, installation, monitoring, and maintenance. By integrating solar energy with electric mobility infrastructure, the company is positioning itself as a key driver of Nigeria’s transition to a more sustainable, low-carbon energy and transportation ecosystem

Countries of Operation

Zambia

Ownership of Company

Local Company | Entreprise locale

Number of years since incorporated

5

Project Pitch:

The project focuses on accelerating the adoption of electric mobility by deploying a scalable ecosystem for electric vehicles (EVs) and charging infrastructure across key urban and commercial corridors. The initiative aims to reduce carbon emissions, lower transportation costs, and support the transition to sustainable mobility by providing reliable EV charging solutions powered primarily by clean energy sources. The business model combines infrastructure deployment, energy services, and strategic partnerships. Revenue will be generated through EV charging services (pay-per-use and subscription models), fleet electrification partnerships with logistics and mobility operators, equipment leasing, and long-term service agreements. Additional revenue streams include data-driven energy management services and collaboration with commercial real estate, transport hubs, and public sector stakeholders to host charging stations. Operationally, the project will deploy a network of strategically located fast and standard charging stations integrated with renewable energy solutions and smart energy management systems. Partnerships with EV manufacturers, fleet operators, and financial institutions will support vehicle adoption through leasing and financing programs. A centralized digital platform will manage charging operations, customer access, and real-time monitoring to ensure efficiency, reliability, and scalability. This integrated approach positions the platform as a critical enabler of the electric mobility transition while delivering sustainable and commercially viable transportation infrastructure.

Team

Information not available.

Type of Project

Private Company project

Stage

Growth stage | Phase de croissance

Annual Revenue (in EUR)

5.000.000 - 10.000.000 EUR

Number of employees

51-100

Total Project Cost (in EUR)

150,000,000 EURO

Financing needs (in EUR)

100,000,000 EURO

Type of financing needed

• Equity | Fonds propres
• Grant | Subvention

The Company is looking for

• Financing | Financement
• Joint Venture/Partnership | Coentreprise / partenariat
• Technology Solution/Equipment | Solution technologique / équipement
• Suppliers for products/services | Fournisseurs pour des produits / services

Planned allocation of fundraising capital

• Greenfield (new activity for the company) | Greenfield (nouvelle activité pour l’entreprise)
• PPP (Public-Private Partnership) | PPP (Partenariat public-privé)