a SteamaCo Company
 
 

Our Mission

Catalyze access to cleaner, reliable, and affordable power for all by enabling digital transformation of the energy landscape.

We achieve this by ensuring energy providers can sustainably deliver productive power.

 

Leading Digitization & Metering in Emerging Markets

Shyft Power Solutions is an energy technology company with a vision to catalyze access to reliable, affordable and cleaner energy in emerging markets. We recognized that in addition to the trends of democratization and decentralization, digitization of energy infrastructure was critical for sustainable development and economic growth.

As part of the SteamaCo Group, we are committed to advancing cutting-edge energy solutions that deliver operating and revenue management technologies for utility companies and power service providers.

Creating and scaling digital solutions for power providers and consumers is at the center of our impact thesis.

 

Advanced Metering Infrastructure

Meters and Integrated Software for metering, billing, payments & collections and consumer management for communities, serviced developments and IPPs

DERMS

Monitoring and management solutions for hybrid power systems including generators, fuel tanks, inverters, batteries, solar and grid connections.

 

 We’re committed to driving economic and climate impact.

11k
livelihoods impacted

205 kWh
energy processed

111 kW
DER assets connected

205 kWh
energy processed

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Our Commitment to Sustainability

Shyft Power Solutions was founded with the central mission to build a smarter, cleaner and more resilient energy future for emerging markets. As pioneers in distributed energy resource management software (DERMS) and advanced metering technology in Africa, we are committed to driving sustainable development through technological innovation, transparency and equitable access. We deliver this through four key commitments:

  • Environmental Responsibility,

  • Social Impact & Economic Development,

  • Ethical Governance, and

  • Innovation for Sustainable Infrastructure.

Leading with Integrity & Transparency

We’re committed to upholding the highest standards of integrity and compliance, and fostering an open company culture. We encourage employees and partners to speak up if they observe or experience compliance issues, criminal actions or inconsistencies related to Shyft’s guidelines. You can submit a concern, anonymously or with contact details, through Shyft’s Whistleblower portal.

Our Values 

As a mission-based group, our values guide how we innovate, operate and ultimately deliver shareholder value.

  • Build real solutions, to address real-world challenges.

  • We never stop short of excellence.

  • We’re committed to honesty & integrity above all else.

  • In the spirit of innovation, we take on challenges others call impossible.

  • We believe diverse perspectives catalyze reaching shared goals.

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Our Journey

 

 2024

Shyft is wholly acquired by SteamaCo Ltd (UK), an energy technology company specializing in AMI for microgrids and large utilities.

 
 

 2023

SHYFT secures patents in several markets, solidifying it's position as a pioneer in the African energy technology sector.

 
 

 2022

Shyft fully commercializes FlexView, an AMI solution for sub-metering and optimal revenue management.

 
 

 2021

Shyft raises an additional $3.1M from strategic investors including Softbank, Total Energy Ventures, Powerhouse Ventures and Cisco.

 
 

2018

SHYFT commercializes Connect, a platform to control distributed energy assets for ESCOs and IPPs, including release of the patented Smart Transfer Switch (cloud-controlled switchgear).

 
 

2017

Shyft receives R&D funding from the MIT Clean Energy Prize and the UC Berkely Clean Energy Prize, further expanding the team in Nigeria as well.

 
 

2016

Originally founded as Solstice Energy Solutions, founders Ugwem Eneyo and Cole Stites-Clayton kick-off a beta IoT and integrated cloud-based energy monitoring solution, with initially funding from the Stanford TomKat Center for Sustainability.