About DREX
DREX is developing a fintech platform to facilitate non-recourse financing for solar energy projects. Our platform enhances deal flow, financial modeling, and real-time monitoring of energy production, aiming to make solar energy more accessible and affordable. Recently, DREX received an endorsement to secure financing for an industrial park benefiting nearly 300 businesses, with 72% of these being women-led. Their innovative approach is designed to transform the solar energy landscape, reduce greenhouse gas emissions, and address power reliability issues in Latin America.
The founder, Joselyne, is responsible for identifying solar opportunities through solar contractors, overseeing the financial modeling of solar projects, negotiating with energy consumers, supporting the energy and tax regulatory framework, raising funds for the projects, and advancing DREX’s vision for platform development.
About The Program
DREX is developing a strategy to engage women-led businesses and SMEs in Latin America through solar community projects of at least 0.5 MW, fully funded with non-recourse capital. The company is currently raising financing for an 8 MWp solar project that will serve approximately 170 women-led businesses in an industrial park in Guayaquil.