FedEx Express, a subsidiary of FedEx Corp (NYSE: FDX) and the world’s largest express transportation company, is delighted to announce Hydro-Power Systems, from Vulamasango High School based in Eswatini, as the winner of the 2021 FedEx Global Possibilities award in the Junior Achievement Company Program.
Judges assessing the teams recognized that Hydro-Power Systems displayed global connectivity principles; driven by innovation, connecting to new markets, fueling community development, and being sustainable and socially responsible.
“Hydro-Power Systems brilliantly showcased their creativity through the invention of the Smart In-Pipe Water Turbine Generator – a solution to generate electricity onsite, which not only offers the user with a clean and cheap source of electricity, but offers a way to address electrical cuts and load shedding.” said Natasha Parmanand, Managing Director of Sub Sahara Africa Operations for FedEx Express.
During the Junior Achievement program, Hydro-Power Systems developed, sourced, and installed eight “Smart In-Pipe Turbine Generators”, their business model not only shows an opportunity to reach more households and locations across the country, but also a product which could easily be valued across many African nations, and beyond. The company strongly believes that they’re looking at a bright future, and is keen to keep growing the product offering, and creating employment opportunities.
In addition to the award, the group has a bright future ahead, having also signed a Memorandum of Understanding (MoU) with the Eswatini Electricity Company.
“FedEx was founded with a bright idea, and in nearly 50 years, has grown to serve customers in more than 220 countries and territories around the world. I see huge potential in Hydro-Power Systems, and we are incredibly pleased to recognize your team with the award. Beyond this achievement however, I’m excited to see how the members of this team will build new connections and fundamentally change what’s possible for themselves, their company, and their local community.” Continued Parmanand Throughout the process, participants were provided with an opportunity to discover first-hand how businesses function and how to use their talents to set up a successful business.