The News GodThe News GodThe News God
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
    • Travel & Tour
    • Education
    • Entertainment
      • Biography
      • Net Worth
      • Famous Birthdays
    • General
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Reading: Young Start Up Business Transforms Alcohol Into Clean Energy
Share
Font ResizerAa
The News GodThe News God
Font ResizerAa
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
Search
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
    • Travel & Tour
    • Education
    • Entertainment
    • General
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Follow US
  • About Us
  • Authors
  • Advertise
  • Contact Us
  • Disclaimer
  • My Bookmarks
  • Terms of Use & Privacy Policy
  • Media Partners
The News God > Blog > Business & Finance > Young Start Up Business Transforms Alcohol Into Clean Energy
Business & FinanceNews

Young Start Up Business Transforms Alcohol Into Clean Energy

Sampson Gaddah
Last updated: September 27, 2019 3:24 pm
Sampson Gaddah
September 27, 2019
Share
8 Min Read
SHARE

Alcohol is often mentioned for the wrong reasons. But one young business in Ghana wants to show the world that alcohol can be in the news for good reasons.

This startup has innovated a means to turn alcohol made from sugarcane to clean fuels that emit oxygen rather than the usual carbon dioxide. Read more as Prince shares his story with the B&FT’s Inspiring Startups on how it all began.

His beginning

Prince Nana Kow Essel is a native of the Central Region of Ghana. He is a product of the Mfantsipim School in Cape Coast where he studied science with technical. He proceeded to the University of Mines and Technology and graduated with a degree in electrical and electronic engineering.

Related Posts

The Different Types of Insurance for Coastal Homeowners
The Different Types of Insurance for Coastal Homeowners
Preschoolers’ Financial Literacy: Establishing a Firm Basis
Introducing Internet to Contemporary Business Ideas
American Airlines flight diverted to Rome due to bomb threat

Prince’s exploits in innovation began as far back as his days in the junior high school when he and one of his friends used to play with chemicals. His friend’s father was a chemist and so he brought some of the chemicals and the duo would try to mix them up and see how they react.

Also Read:  Storm Energy Drink partners Silverbird to premiere ‘Lion King’

In one of those experiments, they mixed some chemicals up and immediately saw it foaming. With excitement, Prince took it home and tried to explore more. He further added a chemical that his mother bought for killing ants and other insects to see the reaction. The moment the chemical was brought near fire, it lit up and this fascinated him a lot. Right from that time, he thought about how he could use it as a form of energy. But as young as he was, it could only remain a fantasy at the time.

Then, he moved to the senior high school. In the library, one day, a book on energy caught his attention and he took it to read. He was amazed to find that in Brazil, ethanol (alcohol) could actually be used as fuel for cars. He teamed up with some colleagues in the school’s science club to see how they can develop a similar product.

This caught one of their teacher’s attention and he told them about an opportunity to contest in a competition in South Africa among senior high school innovators. They, however, couldn’t make it through the application but this didn’t discourage them from continuing their project.

Also Read: I pity Ghana – Prophet Badu Kobi

When they completed senior high school, Prince didn’t allow the project they started to die. He, together with one of his former colleagues, decided to switch from using the alcohol to produce fuel for cars to fuel for cooking.

Alcohol in the kitchen

When the decision was made to use ethanol as energy for cooking, Prince decided to pilot it in rural areas. After trying and experimenting with it, he realised the alcohol was too volatile, hence, making it risky for use. Again, since alcohol is a spirit, it could easily dry up when exposed to the environment. Further research was done and it birthed the formulation of a gel and which, when added to the alcohol, made it semi-liquid. When it was tested, the alcohol no longer dried up when exposed to air; and also became less volatile, making it safe for use.

The ethanol gel is also environment-friendly as rather emit oxygen and not carbon dioxide into the air. It is also made from a by-product of sugarcane called molasses. This molasses is obtained from local alcohol distillers who use sugarcane as raw materials. So using a by-product of the alcohol puts the molasses into good use, thereby, avoiding waste. The ethanol gel also comes with its special stoves.

Vision

The vision is big for Econexus Ventures Ltd. They plan to spread their products across Ghana and enter other African markets to become one of the leading names in providing clean energy.

Again, it plans to open retail centres in the major cities of the country so that their products can be easily accessed.

Challenges

One of the challenges the young business face has to do with the difficulty in the preparation of the gel. It can be best prepared if the company had its own laboratory. But a lack of laboratory means they have to rely on an agent who imports some of the raw materials from abroad.

The other challenge is financial. As usual, clean energy projects need a lot of money to implement successfully. So Prince has opened his doors to investors who are interested to partner him.

The role education has played

For Prince, education is what gave him his business. Remember, it was way back in junior high school when he and his friend started exploring chemicals. And when he went to the senior high school, it was in the library he got his business idea from. So for him, if he had not had that exposure, he wouldn’t be here.

The impact of GCIC programme

Through the Ghana Climate and Innovation Centre (GCIC), Prince was taken through a refresher course that educated him on how to refine his marketing and sales skills and strategies. The GCIC also awarded the company US$12,000 to purchase one of the main machines it needs for production. The GCIC also sponsored him to go for a clean energy conference in Kenya to learn from other players of the industry across the continent.

How government should support startups

Government, Prince says, should devise a flexible model in its National Entrepreneurship and Innovation Programme (NEIP) which offer tailor-made financial assistance to startups at their early stages. He feels it shouldn’t all be about applying to enter a competition and advancing to the last level before you are given loan to pump into your business.

Advice to young entrepreneurs

“As young entrepreneurs, we should just be true and faithful to whatever we set our minds to do. When we do that, success will be inevitable. We just have to keep at it and the doors will open eventually.

Confronting Kremlin Opposition, U.S. and Allies Forge Ahead with Tapping Frozen Russian Funds
William Hill Data Resubmission Stipulated by UKGC
Struggling Retirement: A Generation of Savers Seeks Assistance from Financial Professionals
Texas shooting leaves at least 3 deceased and 8 injured.
While in Israel for a Bar Mitzvah, Rep. Goldman and his family were safe from Hamas rocket fire.
Share This Article
Facebook Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article I’ll campaign vigorously against Mahama’s 2020 bid; He has nothing good to offer Ghanaians – Bernard Mornah hints
Next Article New Ghana Versus Students Politics: Firdaus the charming beauty
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Publications

7 Common Mistakes to Avoid When Beginning a Career in Education
Education
May 30, 2025
Home education
Why Continuing Education Matters More Than Ever in Healthcare
Education
May 29, 2025
26-year-old boy beaten up by 2 wives for trying to marry 3rd wife
26-year-old man beaten up by 2 wives for trying to marry 3rd wife
News
May 28, 2025
World’s longest-serving death row prisoner receives $1.4 million in compensation
World’s longest-serving death row prisoner receives $1.4 million in compensation
News
May 28, 2025
Idaho man uses hands to transfer 1.3 gallons of water in 30 seconds
Entertainment
May 28, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe

You Might also Like

More than 150 injured as earthquakes shake buildings in Istanbul, Turkey
News

More than 150 injured as earthquakes shake buildings in Istanbul, Turkey

April 24, 2025
5 Primary Use Cases of Retrieval Augmented Generation (RAG)
Business & Finance

5 Primary Use Cases of Retrieval Augmented Generation (RAG)

May 17, 2024
How to Choose the Best Crypto Trading App
Business & Finance

How to Choose the Best Crypto Trading App

June 28, 2022
NASA Spaceship Performs Maiden Earth Flyby After 17-Yyear Voyage
News

NASA Spaceship Performs Maiden Earth Flyby After 17-Yyear Voyage

August 13, 2023
Show More
© 2025 Thenewsgod. All Rights Reserved.
  • About
  • Contact Us
  • Terms of Use & Privacy Policy
  • Disclaimer
  • Authors
  • Media Partners
  • Videos
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?