Profile
- Names:
Victor Pazmiño Betancourt & Patricio Pazmiño Betancourt
- Professional backgrounds:
PhD Electrical Engineering & Bachelor’s degree in Industrial Engineering and Management
- Business idea:
Providing solar systems to communities through leasing models and subsidised loans
- Company name:
SOLGENpower
- Business site:
Ecuador

Electricity supply in Ecuador is generally widespread, but recent events have shown that it is not always reliable. In 2024, the country experienced severe droughts that disrupted hydropower generation, which accounts for most of its electricity. As water levels dropped, hydroelectric plants struggled to meet demand, leading to blackouts lasting up to 14 hours a day. The effects were manifold: small businesses faced substantial losses, schools were forced to close, and public safety was compromised due to non-functioning traffic systems.
It was this experience that led Victor and Patricio Pazmiño Betancourt to explore alternative energy solutions. Their answer? Solar power. Located on the equator, Ecuador receives an average of 12 hours of sunlight daily. This makes the country well placed to utilise this renewable source of energy that is not only reliable, but also environmentally responsible.
“Through our time in Germany we have seen how different business models work in practice: here and across Europe. We want to bring this knowledge to Ecuador,” says Victor who has been living in Germany since 2011. His brother Patricio joined him in 2017. He shares: “For me, the goal has always been to make a meaningful contribution in both countries.”
Their company, SOLGENpower, offers solar panels and battery systems tailored to small businesses, households, and industrial clients, especially in areas where energy demand is high and the potential for savings is significant. The business model is designed to make solar energy more affordable and accessible. Based on extensive research, the brothers identified a strong and growing demand for off-grid and decentralised energy solutions, including in regions outside major cities. With SOL, they aim to shift the energy landscape from one dominated by large providers to one where communities can generate, store, and share their own electricity.
Working with local partners in Ecuador was crucial in shaping their approach. At the same time, through knowledge sharing, their partners in Ecuador gained an overview of how solar energy works outside South America.
With every solar system we install, we create a positive motion. With every solar system we install, we take a step towards energy resilience.
Further information on the offers available to the Ecuadorian diaspora can be found below.