Fact & Figs | Poverty alleviation through solar power

Worldwide, approximately 1.6 billion people have no access to electricity and another 1 billion have extremely unreliable access. Without ready access to electricity, the poor depend on kerosene lanterns and battery-powered flashlights for light.

Individual consumers at the “Base of the Economic Pyramid (BoP)” are making less than $10/day, with the poorest spending up to 30% of their income on inefficient and expensive means of providing light and accessing electricity. Worldwide, BoP consumers spend about $38 billion per year on kerosene for light, another $10 billion on cell phone charging. Adding in small-scale commercial applications (shops, market stalls, micro-enterprises, agriculture) there is likely a $100 billion global opportunity for small scale distributed energy solutions, with no clear market leader.

~ Simpa Networks

Inspiration: Frangia Eco Chic and Endangered Eden


About dianhasan

Brand Storyteller, Travel Writer, Speaker, Creative Writer & Thinker - avid observer of randomness in everyday life - Sustainable Business, Eco Matters, Sustainable Urban Issues, Architecture, Heritage Conservation, Innovation & Brand-Strategy, Cross-Cultural Communications, Travel, Tourism & Lifestyle.
This entry was posted in Grassroots-Level Innovation, ICT (Information and Communication Technologies), India, Power and tagged . Bookmark the permalink.

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