Battery Technology: Lithium-ion dominates 75% of installations due to falling prices (now $150–$200/kWh). Import Taxes: 13% VAT + 5–15% tariffs on equipment raise.
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Recent pricing trends show standard home systems (3-10kW) starting at $8,000 and community microgrids (50kW-2MW) from $100,000, with flexible financing options including PPAs and community solar loans available.
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The OFFGEN project was born and nurtured in Barbados, where Aceleron's Co-founder and CTO, Carlton Cummins, has been researching and prototyping batteries in order to make the lithium battery technology more accessible within the Caribbean.
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Scale of Installation: Residential systems cost $500–$1,200/kWh, while utility-scale projects drop to $300–$800/kWh. Local Infrastructure: Import duties, labor costs, and logistics impact final pricing in island nations like Cape Verde.
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